Crypto Terms:
Letter A
What is Airdrop?
Meaning:
Airdrop -
a marketing campaign designed to distribute a certain cryptocurrency or token as a participation incentive.
Let's find out Airdrop meaning, definition in crypto, what is Airdrop, and all other detailed facts.
Airdropping is a marketing method to distribute crypto assets to the public as an incentive if they own other tokens or have a wallet on a specific blockchain. This can be seen as a promotional act within the community of a certain blockchain. The goal is to attract new users to the blockchain network that hosts the asset.
Normally, in order to participate in an airdrop, users must hold a specific amount of tokens in a crypto wallet that can be publicly discoverable. This has to transpire within a specific time window, known as snapshot time. The project handling the airdrop uses the snapshot and distributes the tokens among the users.
Airdrops allow users to add variety to their cryptocurrency portfolios. Furthermore, as an advertisement campaign, it informs the inner community, as well as prospective token holders, about the asset. Some of the common airdrop reward conditions include social media shares, active referrals, and downloading the app of the blockchain project.
open-source Web3 API middleware<\/strong> – a type of software that allows <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-api/">web APIs<\/strong><\/a> to easily connect to blockchain applications. Many API providers have issues adapting their services to <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-web-3-0/">Web 3.0<\/strong><\/a> — decentralized internet, seen as the next stage of the network evolution.<\/p>\n<p><strong>Blockchain-based <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-smart-contract/">smart contracts<\/a><\/strong> cannot be linked to APIs that have access to real-world data directly because this data is not available on said <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-blockchain/">blockchain. In order to patch this issue and bind blockchain with real-world data, solutions known as <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-oracles/">oracles are used.<\/p>\n<p>Airnode is a type of oracle solution for Web 3.0. The API is maintenance-free and does not require a server. It is capable of <strong>linking all web APIs with all blockchain applications<\/strong>. Unlike traditional oracle solutions, <strong>Airnode does not require third-party interference<\/strong>.<\/p>\n<p>Furthermore, third-party oracle services demand users to pay a set fee in order to access their services and connect to the blockchain. Airnode allows users to build a bridge to blockchain applications while maintaining full revenue. The end-user is in full control of their connectivity to the blockchain.<\/p>","definition":"API gateway that acts as the Web3 oracle solution. It can link web APIs to blockchain applications.","status":"published","meta_title":"What is Airnode? Definition & Meaning | Crypto Wiki","meta_description":"Airnode meaning: Airnode - API gateway that acts as the Web3 oracle solution. It can link web APIs to blockchain applications.","meta_keywords":null}"
:prev-section="{"id":13,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Air_gap_(networking)","level":"easy","author_id":1,"created_at":"2023-06-19T06:58:58.000000Z","updated_at":"2023-11-06T16:29:17.000000Z","slug":"what-is-air-gap","title":"What is Air Gap?","section":"A","keyword":"Air Gap","content":"<p>An air gap, in the world of IT, is <strong>a replica copy of production information on a secondary storage system<\/strong> (offline), that is not connected to any production or public networks. As long as the gap is maintained, this additional information duplication is safe against attacks and alteration.<\/p>\n<p>There are a few types of air gaps - <strong>a backup-based air gap, an object-based air gap<\/strong>, <strong>and an array-based air gap.<\/strong><\/p>\n<p>The assumption that if data cannot be accessed, it cannot be contaminated or damaged is the main concept. Besides, if a large attack occurred, <strong>an air gap ensures rapid recovery<\/strong>.<\/p>\n<p>Furthermore, <strong>an air-gapped computer<\/strong> is one that does not have any network interfaces, wired or wireless, that connect to outside networks.<\/p>\n<p>It is common that air gap data is relied on as a copy of the final option for companies. The air gap is often used to supplement recovery, existing backup, and disaster recovery procedures in order to provide additional security.<\/p>\n<p>Traders frequently encourage clients to buy two sets of <strong>hardware<\/strong> - one for production and one for an air gap. This might result in a greater cost, and higher costs have restricted the use of standard hardware air gap methods.<\/p>","definition":"is a replica copy of production information on a secondary storage system that is not connected to any production or public networks.","status":"published","meta_title":"What is Air Gap? Definition & Meaning | Crypto Wiki","meta_description":"Air Gap meaning: Air Gap - is a replica copy of production information on a secondary storage system that is not connected to any production or public networks.","meta_keywords":null}"
:model="{"id":17,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Airdrop_(cryptocurrency)","level":"easy","author_id":1,"created_at":"2023-06-19T06:58:58.000000Z","updated_at":"2023-11-06T16:30:44.000000Z","slug":"what-is-airdrop","title":"What is Airdrop?","section":"A","keyword":"Airdrop","content":"<p><strong>Airdropping is<\/strong> <strong>a marketing method to distribute crypto assets to the public as an incentive<\/strong> if they own other tokens or have a wallet on a specific blockchain. This can be seen as a promotional act within the community of a certain <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-blockchain/">blockchain. The goal is to attract new users to the blockchain network that hosts the asset.<\/p>\n<p>Normally, in order to participate in an airdrop, users must hold a specific amount of tokens in a <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-wallet/">crypto wallet<\/strong><\/a> that can be publicly discoverable. This has to transpire within a specific time window, known as <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-snapshot/">snapshot time<\/strong><\/a>. The project handling the airdrop uses the snapshot and distributes the tokens among the users.<\/p>\n<p><strong>Airdrops allow users to add variety to their cryptocurrency portfolios. <\/strong>Furthermore, as an advertisement campaign, it informs the inner community, as well as prospective token holders, about the asset. Some of the common airdrop reward conditions include social media shares, active referrals, and downloading the app of the blockchain project.<\/p>","definition":"a marketing campaign designed to distribute a certain cryptocurrency or token as a participation incentive.","status":"published","meta_title":"What is Airdrop? Definition & Meaning | Crypto Wiki","meta_description":"Airdrop meaning: Airdrop - a marketing campaign designed to distribute a certain cryptocurrency or token as a participation incentive.","meta_keywords":null,"author":{"id":1,"user_id":1,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2023-05-11T07:18:20.000000Z","title":"Editor-In-Chief","slug":"aaron-s-editor-in-chief","description":"<p>Having completed a Master’s degree on Economics, Politics & Culture for the East Asia region, Aaron has written scientific papers with a comparative analysis of the differences between US’ Western and Japan’s Collective forms of capitalism, 1945-2020.<\/p>\n<p>With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.<\/p>\n<p>Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.<\/p>\n<p>Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.<\/p>","user":{"id":1,"first_name":"Aaron","last_name":"S.","email":"aaron@bitdegree.org","email_sanitized":"aaron@bitdegree.org","email_verified_at":"2023-12-01T09:40:20.000000Z","must_verify_email":false,"is_registered_with_wallet":false,"status":"active","country":"LT","last_connected_ip":"88.119.132.125","image_id":2641,"referral_token":"05TMu2NysXOCn525","referred_by":null,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2024-01-09T15:22:21.000000Z","full_name":"Aaron S."}}}"
:chapter-list="[{"id":1,"title":"Blockchain","slug":"blockchain","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-blockchain.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/blockchain-101.jpg","rating":100,"sections":[{"chapter_id":1,"order":1,"slug":"what-is-blockchain","title":"What is the Blockchain?","status":"published","modified_content":null},{"chapter_id":1,"order":2,"slug":"decentralized-blockchain","title":"Anonymous & Decentralized Blockchains: The Cornerstone of Crypto","status":"published","modified_content":null},{"chapter_id":1,"order":3,"slug":"blockchain-transaction","title":"What is a Blockchain Transaction in Crypto?","status":"published","modified_content":null},{"chapter_id":1,"order":4,"slug":"crypto-fees","title":"The Different Types of Crypto Fees Explained","status":"published","modified_content":null},{"chapter_id":1,"order":5,"slug":"what-is-bridging-in-crypto","title":"The Key Notion Behind the Concept of Bridging in Crypto","status":"published","modified_content":null},{"chapter_id":1,"order":6,"slug":"types-of-blockchains","title":"Different Types of Blockchains: What to Look Out For?","status":"published","modified_content":null}]},{"id":2,"title":"Cryptocurrencies","slug":"cryptocurrencies","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-cryptocurrencies.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/cryptocurrencies-101.jpg","rating":100,"sections":[{"chapter_id":2,"order":1,"slug":"what-is-a-cryptocurrency","title":"What is a Cryptocurrency?","status":"published","modified_content":null},{"chapter_id":2,"order":2,"slug":"how-does-cryptocurrency-work","title":"How Does Cryptocurrency Work?","status":"published","modified_content":null},{"chapter_id":2,"order":3,"slug":"is-cryptocurrency-a-good-investment","title":"Is Cryptocurrency a Good Investment? The Pros & Cons","status":"published","modified_content":null},{"chapter_id":2,"order":4,"slug":"coin-vs-token","title":"Coin VS Token: How Do They Differ?","status":"published","modified_content":null},{"chapter_id":2,"order":5,"slug":"what-are-stablecoins","title":"What are Stablecoins, Altcoins & Wrapped Coins?","status":"published","modified_content":null},{"chapter_id":2,"order":6,"slug":"what-is-a-bitcoin","title":"Bitcoin: the Pioneer of the Crypto World","status":"published","modified_content":null},{"chapter_id":2,"order":7,"slug":"what-is-ethereum","title":"The Ultimate Blockchain for dApp Creation: Ethereum","status":"published","modified_content":null},{"chapter_id":2,"order":8,"slug":"what-is-cardano-in-crypto","title":"What is Cardano and What is It Used For?","status":"published","modified_content":null},{"chapter_id":2,"order":9,"slug":"what-is-shiba-inu-coin","title":"Shiba Inu: the Dogecoin 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Crypto","status":"published","modified_content":null}]},{"id":3,"title":"Crypto Exchanges","slug":"crypto-exchanges","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-crypto-exchanges.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-exchanges-101.jpg","rating":80,"sections":[{"chapter_id":3,"order":1,"slug":"how-do-cryptocurrency-exchanges-work","title":"How do Cryptocurrency Exchanges Work?","status":"published","modified_content":null},{"chapter_id":3,"order":2,"slug":"dex-vs-cex","title":"DEX VS CEX: Two Sides of the Crypto Exchange Industry","status":"published","modified_content":null},{"chapter_id":3,"order":3,"slug":"crypto-day-trading","title":"Crypto Day Trading: The Difference Between Buying, Trading, and Swapping","status":"published","modified_content":null},{"chapter_id":3,"order":4,"slug":"kyc-crypto","title":"KYC & AML: The Key to Complying With Legal Industry Standards","status":"published","modified_content":null},{"chapter_id":3,"order":5,"slug":"how-to-buy-crypto","title":"From Fiat to Crypto: How to Buy Crypto for the First Time","status":"published","modified_content":null},{"chapter_id":3,"order":6,"slug":"fiat-to-crypto","title":"Taking Profits: Turning Crypto Into Fiat","status":"published","modified_content":null},{"chapter_id":3,"order":7,"slug":"how-to-use-crypto","title":"You\u2019ve Got Crypto: What Can You Do With It?","status":"published","modified_content":null}]},{"id":4,"title":"Crypto Wallets","slug":"crypto-wallets","updated":false,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-crypto-wallets.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-wallets-101.jpg","rating":80,"sections":[{"chapter_id":4,"order":1,"slug":"what-is-a-crypto-wallet","title":"What is a Crypto 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The Ins and Outs","status":"published","modified_content":null},{"chapter_id":5,"order":3,"slug":"buying-nft","title":"Tips and Tricks of Choosing the Right NFTs","status":"published","modified_content":null},{"chapter_id":5,"order":4,"slug":"how-to-store-nft","title":"How to Store NFTs: Best Practices","status":"published","modified_content":null},{"chapter_id":5,"order":5,"slug":"how-to-create-an-nft","title":"How to Create Your Own NFTs?","status":"published","modified_content":null},{"chapter_id":5,"order":6,"slug":"how-to-make-passive-money-with-nft","title":"Making Passive Money with NFTs","status":"published","modified_content":null}]},{"id":6,"title":"dApps & Defi","slug":"dapps-and-defi","updated":true,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-dapps.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/dapps-defi-101.jpg","rating":80,"sections":[{"chapter_id":6,"order":1,"slug":"what-are-nfts","title":"What are Non-Fungible Tokens 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current-chapter="A"
current-section="what-is-airdrop">
