Crypto ico definition

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Author: Admin | 2025-04-27

A form of airdrop, too!The way that most faucets work is that they’ll ‘airdrop’ you some crypto for a task that they’ll ask you to perform. These tasks can be as simple as visiting some website, clicking a few buttons, or even watching an ad or two.Sure, there are “high-effort” faucets out there, as well - ones that will require a lot more dedication and time on your end. However, these usually yield far bigger rewards, as well.The thing that puts faucets among the best crypto airdrops is the simple fact that, in most cases, they can be recurring, and rotated on a daily basis. So, you might find five great faucets that can only be accessed once per day - you make a schedule for yourself, and every single day, you perform tasks to get rewards.While cryptocurrency faucets might not be a frequent entry on lists of top crypto airdrops, it all depends on how you view it - granted that they’re a relatively easy way to get free crypto, I’d say they definitely deserve a mention!ICO DropsJust as a quick heads-up - ICO drops are a huge part of the answer to the question of “what are crypto airdrops?”. Given that they take up an almost separate category of this concept, I’ve decided that they’re worth discussing separately, in general.“ICO” stands for “Initial Coin Offering”. ICOs are when new crypto projects try to raise funding, by selling their tokens in an initial crowdfunding event. They were super-popular back in 2017-2018, which is the period when most people might have heard about them, but do still frequently take place these days, as well.“ICO drops” are kind of self-explanatory - they’re crypto airdrops that are provided to specific groups of wallet addresses, belonging to people who have fulfilled some sort of a requirement set forward by the project behind the drop.Here’s a typical example - say, you found a really cool Web3 startup that’s related to environmental issues, and that’s currently raising funds. They’re about to hold their ICO, and will do an ICO drop for a select group of

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