Template:Context Template:Dictdef An airdrop for a cryptocurrency is a procedure of distributing tokens by awarding them to existing holders of a particular blockchain currency, such as Bitcoin or Ethereum. In the United States, the practice has raised questions about tax liabilities and whether they amount to income or capital gains. There are two ways creators distribute their tokens: selecting random wallets or publishing the event in airdrop lists.
Airdrops are definitely a latest trend in cryptocurrency world. Today (March 2018) most common airdrops are the ones that requires from users to complete various social tasks in order to be able to participate in the airdrop.That social tasks may be to join Telegram group, or follow a blockchain project on the Twitter or some other social network.
Notable airdrops[edit | edit source]
- Omise gave away five percent of their OmiseGO cryptocurrency to holders of Ethereum in September 2017.
References[edit | edit source]
- Bogart, Spencer (2017-10-08). "The Trend That Is Increasing The Urgency Of Owning Bitcoin And Ethereum". Forbes.com.
- BJORØY, Trond Vidar (2017-09-06). "The latest crypto PR craze: 'Airdropping' free coins into your wallet". venturebeat.com.
- Masters, Christine (2018-01-11). "Airdrops for Bitcoin Owners: The Good and the Bad - Cryptovest". Cryptovest. Retrieved 2018-01-15.
- "Bitcoin Is on a Collision Course With the IRS". Fortune. Retrieved 2018-01-17.
- "Bitcoin Tax Laws Are A Nightmare So People Ignore Them". International Business Times. 2017-11-16. Retrieved 2018-01-17.
- "Why am I getting random tokens in my wallet? (airdrops)".
- "The Complete List of Token Airdrop Sources - ICO Watch List Blog".
- "What is a cryptocurrency airdrop?".