Can someone tell me what is airdrop is? I didn't do research that's why i don't it. I hope a reply. This is my first time to visit a thread about airdrops and everything.
Airdrop is a reward of tokens from a project for some kind of activity you do before a certain event (usually TGE, but not always) takes place.
For example right now I'm taking part in the Prom Testnet Campaign, so allow me the liberty to use this project as an example.
Each day I log in to the Prom Testnet with my wallet.
I claim faucet and receive free test-tokens of $PROM.
After that I do various network actions - make transfers, sign transaction, mint NFTs, etc.
Doing these activities allows the developers to make checks on the testnet before its official launch, fix the bugs etc.
And the participating users will be entitled to a reward.
In my case with Prom - the reward pool is 1 million $PROM that will be distributed among the leaders.
They will also get a DAO title of Delegate and will be able to vote on community governance and receive voting power from fellow members who do not wish to burden themselves with governance, but would like to partake a share of the profits.
For community governance services Prom Delegates will share a $ of Network profits, namely 30% of Prom network profits will go to Delegates.