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Finance

Airdrop

Airdrop involves distributing additional units of a digital asset (e.g., a cryptocurrency or token) to holders - or the public- for free. Airdrops are a popular marketing tool in the blockchain ecosystem to market a coin or token.

In addition, airdrops can be used as a strategic diversification measure to increase the number of holders (owners) of their respective asset.

SIMILAR TERMS

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Virtual Stock Option Plan (VESOP) gives every employee the benefit to be a shareholder of a company without an actual ownership rights structure between employer and employees.

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