Understanding Airdrop

This quiz is designed to test your knowledge of airdrop in the context of cryptocurrency and blockchain technology. It includes questions related to the distribution of digital assets and the concept of airdrop.

What is the purpose of an airdrop in the context of cryptocurrency?

To mine new coins

To validate transactions

To distribute free tokens

What is the benefit of participating in an airdrop?

Financial investment

Increased mining power

Access to new coins

How are airdrops different from ICOs (Initial Coin Offerings)?

Airdrops are free, ICOs require investment

Airdrops are for new coins, ICOs are for established coins

Airdrops are for individuals, ICOs are for institutions