An “Airdrop” in the crypto-sphere is a way of distributing tokens to assist the process of adoption for a particular project.
Some ICO (Initial Coin Offering) projects, give out their tokens for free to members of a community, in order to encourage the token’s adoption and usage, in the hope that there will be an increased demand, which will drive up its’ value.
A small percentage of the total tokens are set aside for airdrops, after the main crowd sale events.
Beneficiaries of these tokens, tend to be community members of the ICO project, who have contributed towards the development and growth of the community.
The longer you have been a contributor, the more favourably you will be viewed and considered.
Some of the best sources of discovering Airdrops, is to monitor the ICO’s Twitter and Telegram channels.
Bounty Programs, provide compensation for tasks spread across marketing, bug reporting and quality control of the crypto framework.
Bounties, essentially, are reward mechanisms offered by companies to individuals, who perform certain tasks.
The reward is usually in the form of tokens and sometimes fiat currency.
Bounty Programs are usually done Pre-ICO or Post-ICO.
A Pre-ICO Bounty, would include a social media campaign and blog writing.
Post ICO programs would include translating documents to other languages, moderating different forum groups and bug reporting.
It is common for crypto start-ups to set aside a percentage of the total coin supply for the bounty program.
If you want to get involved in a Bounty program, one of the best ways is via the various crypto forums that specifically list Bounty Programs.
