Airdrop
By CoinGecko | Updated on Mar 03, 2020
Airdrop refers to the distribution of a reserve of tokens, usually to users who have completed certain actions or fulfill certain criterias.
Related Terms
Seed
A value used to initiate generation of pseudorandom number, ususally a string of 12 commen English words.
Utility Token
cryptocurrency tokens with specific utilities on a network besides being used as medium of exchange and investment vehicle.
Multisignal (multi-signature)
They are wallets that require more than one key for transactions to be authorized.
Halving
Event that serves to reduce in half the reward of the Proof-of-Work miners that operate in the blockchain network.
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