A crypto airdrop is a type of marketing strategy used by cryptocurrency startups. This article will discuss the Uniswap Airdrop, which was the biggest and most well-known airdrop in recent memory and inspired countless imitations.
What are Airdrops?
A marketing tactic known as a cryptocurrency airdrop is transferring cash to wallet addresses. Small amounts of the new virtual currency are transferred for free or in exchange for a small service, like retweeting a post from the business issuing it, to the wallets of active members of the blockchain community. A crypto airdrop's main objective is to raise interest in and use of a new token or coin.
The Uniswap Airdrop
Uniswap airdropped $UNI on September 17th, 2020, to more than 250k addresses that have previously used the protocol. Before September 1, 2020, eligible addresses had engaged with the platform and had received at least 400 $UNI tokens.
The distribution was significantly skewed overall. 93.8% of addresses received less than 412 $UNI, which is a significant majority.
On the opposite end of the scale, more than 250 locations received a payment of UNI of $250,000. Large LPs, $SOCKS holders, and historical power users constituted the majority of these.
Since airdrops are practically free money, you could anticipate that most eligible individuals will take advantage of them. In fact, 90.8% of wallets claimed their tokens within the first month, proving that this (largely) happened.
Not all were so fast though. Throughout 2022, around 70-100 addresses have been claiming $UNI per week. Also, there are still 30,000 users who haven't yet claimed the drop at all - after over 2 years - leaving over $84 million dollars in $UNI on the table. So most people claimed, and some are still claiming today. So far, so good.
Hopefully, reading this article, "Uniswap Airdrop: The Largest And Highest Profile Airdrop In Recent History," can help you to understand it better.
