A Crypto Airdrop is a strategy used by blockchain startups to distribute tolens or coins to specific wallet addresses.
Airdrops strive to raise awareness and adoption of new blockchain projects.
In simple terms, new crypto projects before being launched to the market, they create awareness by distribution of FREE crypto coins to create awareness hence gaining recognition of the make community.
The free coins they give are valuable at TGE and more valuable at Post TGE.
Most if not all Cryptocurrencies started as Airdrops. This made majority to gain at TGE but few who held the coins to even after 10 years, became multimillionaires. This process of holding crypto coins to some period of time is known as "HODL". It's a good practice and I would encourage everyone to practice it, especially on this L1 blockchain called #SpurProtocal.
A crypto coin may launch at a price of $0.00132 then after 3 to 5 years or even 10 years, the price shoots to $100. How much would you earn if for instance you had 100,000 coins at launch anh chose to HODL?
Here are the Price milestones that Bitcoin has reached over the years;
February 10, 2011 : $1
March 31, 2013 : $100
November 28, 2013: $1,000
November 29,2017: $10,000
December 04,2024 : $100,000
Now, let's say you had 70,000 Bitcoins at launcj, you consumed 30,000 along the way but HODL 40,000 of them till now and still promising to continue HODLing, where do you see yourself in the next 5 years? How much could you have been your worth now?
HODLing is patience, Crypto is patience, and winning is all about patience.
#SpurProtocal will too change the game and learn patience if you want big wins with SpurProtocol.
