Airdrop

NFT Glossary Deep Dive:  Drop

NFT Glossary Deep Dive: Drop

Ellen Britt for CNT #NFT You’ve probably heard the word “drop” used when a musical artist is about to release a new song. Or a new, limited edition of the latest big-name sneakers are about to hit the market. That’s a drop too. Well, the same thing applies in the NFT world, when a new NFT is about to be released to the public. Only this time, the drop is digital. Most NFT drops don’t just come out of the blue but are announced in advance so that as many people as possible will have a fair share at nabbing them. But there are many…
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NFT Glossary Deep Dive: Airdrop

NFT Glossary Deep Dive: Airdrop

Ellen Britt for CNT #NFT An airdrop is when an NFT is dropped into your wallet for free! Many projects do this to reward their early adopters and active participants. Just to be clear, don’t confuse  an NFT airdrop with Apple’s AirDrop feature, which you can enable to share and receive pictures, documents, and other types of files with other Apple devices that are in proximity to you. NFT Airdrops As Rewards An NFT airdrop is used primarily as a marketing tool by the developers of a project, in which they drop NFTs into a list of wallet addresses to gain…
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