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NFT Airdrops Guide

NFTs are already making an ever-lasting impression on their hardcore enthusiasts. In this space where there are many players, marketing your NFTs effectively becomes imperative. In this article, we delve into NFT airdrops, which are a great tool in advertising and marketing strategies of NFT assets. Let’s get started.

 

What is an NFT airdrop?

 

NFT airdrops essentially refer to the free distribution of NFTs or other digital assets to the common public. This is a novel marketing strategy that is aimed at encouraging investors and asset holders to expand their token circulation. In an NFT airdrop, the recipients are awarded in a way that wallets holding an NFT are rewarded with that particular NFT or with a native token of the creator’s platform.

 

In contrast, an NFT airdrop might also reward NFT holders with another NFT either to enhance the value of the previous one or to stand alone as another collectible. A fantastic example is that of the Bored Ape NFT of BAYC, where a mutant serum was dropped for all Ape holders in 2021. These serums turn the mutant apes into a completely different NFT. The project offered two options - either to sell their serum as a collectible or inject the Ape to turn it into a Mutant Ape.

 

How to obtain an NFT airdrop?

 

There are two conditions, either of which or both of which need to be fulfilled to get an NFT airdrop.

 

imintify.com/nft-airdrops-guide/

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Uploaded on September 8, 2023