Noticed airdrops have been popping up lately ever since eBTC airdropped coins.
But my question is, why would companies be giving away free tokens/money?
Sounds a little to good to be true. Who just gives away free money like that?
The most important factor which determines the value of any coin or token is its popularity and the number of people who hold and accept that coin as a payment. The reason for airdrop of a coin is to make the coin widely distributed in the community so that the number of who have that coin increase.
It is simply a strategy of marketing and advertising to make the coin more popular and therefore making the coin more valuable.
Exactly thats what i notice or what i know too why their giving airdrops it is what we called on how patient you are why you hold that coin why you believe on that coin because here we have some trust that what we receive can truly have a feedback after we hold for.