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| Earning interest on crypto | Meet Crypto's Digital Collectibles. More importantly, who did it? The Token Metrics team has advised and invested in many blockchain companies. Do I Need a Cryptocurrency Airdrop? Governance token airdrops have become a common trend in the DeFi ecosystem with participation from popular platforms like Uniswap , Curve , and 1inch. |
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| First cryptocurrency airdrop | Crypto airdrops serve multiple purposes, including marketing for new projects, rewarding loyal users, and achieving a decentralized network. Well, there are several reasons: Marketing : Airdrops are a potent tool to spread the word about a new cryptocurrency. Airdrop scams may also occur by enticing market participants to invest in a specific security in hopes of being airdropped a different item. Tax Implications - Depending on the country's regulations , airdropped tokens might be considered taxable income, which could complicate your tax situation. For example, a project could distribute free tokens to all existing holders of its cryptocurrency based on the amount they hold. |
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PARAGRAPHOrganizing an airdrop, in first cryptocurrency airdrop with the protocol prior to wallets in attempts to compromise generate excitement, and attract talent.
