Crypto Airdrop Glossary
Decode the jargon. Everything you need to know to understand the world of crypto airdrops and Web3.
General
Airdrop
A marketing strategy where crypto projects distribute free tokens to wallet addresses to drive awareness and adoption.
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Retroactive Airdrop
A distribution of tokens to users who interacted with a protocol in the past, often before a token was announced.
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Faucet
A website or service that dispenses small amounts of crypto assets (usually testnet tokens) for free.
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Technical
Snapshot
A record of the blockchain state at a specific block height, used to determine eligibility for an airdrop.
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Testnet
A simulation of a blockchain network used for testing and development without real financial value.
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Mainnet
The primary live blockchain network where transactions have real economic value.
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Gas Fee
A fee paid to validators or miners to process a transaction on a blockchain network.
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