Hi, OGs!

🪂 How to make money on Airdrops. Bounty programs in Web3.

Airdrop is a distribution of tokens to community members, to get into the giveaway, you need to perform some actions. Projects organizes airdrops to attract attention to themselves, increase the number of holders or stimulate activity in the network.

That's a few types of airdrops :

➡️ Classic Airdrop: Tokens are received by users who queue up for the giveaway, rare.

➡️ Airdrop for token holders: You will get new tokens if you already own collectibles like NFT or DAO voting tokens

➡️ Airdrop for activities: Includes activities in Web3, like creating NFTs, using bridges, branding domains. As well as activities from Web2, like likes, reposts, and inviting friends.

➡️ Hardfork-linked airdrop: Happens after a hardfork - a switch to a new version of the blockchain with changed rules.

Your actions when hunting for airdrops:

👨🏻‍💻Testing networks: Make the most of Web3, participate in test phases of networks and software. The more activities you can find and execute - the higher the chances of a reward.

👥 Referral Programs: Invite your friends through unique links, promote the project products through affiliate programs. Tell about the project in social networks.

🗣 Community Participation: Be active in chats and forums of the project, help other participants, offer your ideas for improvement.

🎨 NFT Creation: Create a collection dedicated to the project, if it becomes popular, you will be rewarded with a higher probability. In addition, you can earn money from the collection itself.

A couple of tips on what to do with the airdrop you get:

✅ Token Holding: If the project is successful, the value of the tokens may increase, allowing you to earn money by holding them.

✅ Trading: Sell the tokens on an exchange if they are already listed.

✅ Participate in the Project Ecosystem: Use tokens within the project for steaking, participating in DAOs, exchanging for NFTs, and other activities. More often than not, this is the strategy that maximizes profits.<u>Underline</u>