What Is Crypto Airdrop?
A cryptocurrency airdrop is the free release of tokens or coins to a lot of different wallet addresses. It is frequently used by cryptocurrency projects as a marketing tactic to advertise their token, increase visibility, and draw new members to their platform.
Project creators or sponsors deliver a predetermined quantity of their coin to numerous wallets or addresses during an airdrop. These wallets may be used by project participants who are currently using the service, participants in the cryptocurrency community, or even participants in the airdrop itself. On various blockchain platforms, including Ethereum, Binance Smart Chain, and others, airdrops can be conducted.
Airdrops support a project’s growth and community engagement. Tokens are given out to a variety of users to promote involvement and interest in the project’s advancement. Tokens can be fairly distributed among community members or even owners of other cryptocurrencies through airdrops.
What Is MELD Airdrop?
MELD is a decentralized and trustless lending protocol initially built on the Cardano Blockchain using smart contracts and governed by the MELD token. It provides a fast, safe, and transparent set of tools for anyone to lend and borrow crypto and fiat currencies.
MELD is airdropping free MELD tokens to users who sign up and do simple tasks. Create an account at MELD, create a MELD wallet and send $1 worth of crypto to get 100 MELD tokens. Make more on-chain and off-chain activities to receive more tokens. Also get more tokens for each referral, One lucky user would also win 1,000,000 $MELD.
Basic MELD Airdrop Points
Basic | Details |
---|---|
Token Name | MELD Airdrop |
Platform | Cardano |
Support | 24/7 |
Total Supply | 4,000,000,000 MELD |
KYC | KYC Is Not Requirement |
Whitepaper | Click Here To View |
Max. Participants | Unlimited |
Collect Airdrop | Click Here To Collect Free Airdrop |
How To Claim MELD Airdrop Step-by-Step Guide:
- Create an account at MELD.FI.
- You will get an email with an access code to paste into the MELDApp.
- Now create a MELDApp wallet.
- Follow the instructions in the MELDapp to validate your access code.
- You will get 100 MELD tokens.
- Also get more tokens for doing on-chain and off-chain activities.
- Complete Zealy tasks to increase your share.
- Also earn more MELD for referring your friends.
- One lucky participant would also win 1,000,000 $MELD.
- For more information regarding the airdrop, see this Medium article.
How To Check MELD Network Airdrop Is Real Or Fake
Checking the legitimacy of a crypto airdrop can be a bit tricky, as scammers often use sophisticated techniques to create fraudulent airdrop campaigns that appear to be legitimate. Here are some steps you can take to verify the authenticity of a crypto airdrop:
- Official Website and Social Media: Look at the project or airdrop’s official website first. Verify the social media profiles for the project are legitimate. To trick consumers, scammers frequently set up phony social media pages and websites.
- Reputation among the cryptocurrency community: Read up on the project and the airdrop on Reddit, Bitcointalk, or Telegram. Seek for reviews and comments from other people who may have taken part in the airdrop.
- Team and Background: Look at the team members’ histories. Verify their experience and qualifications in the crypto industry. Real projects typically include an open team with distinct professional profiles.
- Whitepaper and Roadmap: Study the project’s whitepaper and roadmap to learn about its objectives, technology, and long-term intentions. Genuine projects have comprehensive paperwork outlining their vision and their strategy for achieving it.
- Token Contract Address: For tokens based on Ethereum, check the token contract address using blockchain explorers like Etherscan. Verify that the contract’s address corresponds to the project’s official address.
- Watch out for impersonators: Scammers may pose as team members or authorized support personnel to trick users. Always be wary of unsolicited emails or texts, and make sure the sender is who they say they are.
- In summary, it’s important to conduct thorough research, verify the source and instructions, look for feedback from other users, and trust your instincts when evaluating the legitimacy of a crypto airdrop. By taking these steps, you can minimize the risk of falling for a fraudulent airdrop and protect your assets and personal information.
What are the risks of participating in an airdrop?
Scammers may utilize airdrops to trick victims into handing over private keys or delicate information. They may design phony airdrop campaigns that mimic real initiatives in an effort to steal your personal information or digital assets.
You could be asked to submit personal data for some airdrops, including your email address or social network accounts. Sharing this data puts you at risk for identity theft, targeted advertising, and unwanted spam.
MELD Airdrop Roadmap
MELD Airdrop Pros Or Cons
Pros of participating in an airdrop:
- Token distribution: By distributing tokens to a bigger population, airdrops may assist grow the token’s user base and community.
- Marketing and Public Relations: Airdrops can be a powerful public relations technique to spread information about a project or coin to a larger audience.
- Community Engagement: Users are more likely to be interested and involved in a project if they receive free tokens, therefore airdrops can encourage community engagement and participation.
Cons of participating in an airdrop:
- Dumping of Tokens: Some airdrop recipients might not genuinely care about the project, and they might sell the tokens they receive right away, causing price volatility.
- Cost and Resources: Setting up an airdrop costs time and money that may be used for other marketing or development tasks.
- Irrelevant Audience: Airdrops may draw individuals who are not genuinely interested in the project, which could result in a community that is less engaged and dedicated.
- Legal and Regulatory Risks: Because airdrops can be viewed as a way of distributing securities, there may be legal and governmental issues raised, particularly in some nations.
MELD Airdrop Final Verdicts
MELD is an innovative platform that integrates the traditional financial and decentralized finance (DeFi) industries. As a non-custodial DeFi system, MELD provides a range of services, all supported by the strong MELD blockchain, including cross-chain lending, borrowing, and staking.
What exactly is a MELD Airdrop?
A description of the airdrop program’s objectives.
What are the details of the MELD Airdrop?
Instructions on how to participate in the airdrop, such as signing up, following accounts on social media, or carrying out particular actions.
How much MELD am I eligible to receive by airdrop?
Details on how many MELD tokens participants can anticipate receiving and any variables that could influence the allocation.
In what manner will I get my MELD tokens?
Instructions on how token distribution will be done, along with advice on which wallet or platform users should use to obtain their tokens.