1. Overview of Airdrops, Tokens, and Coins

1.1 What Are Airdrops, Tokens, and Coins?

• Airdrops: Free distributions of cryptocurrency tokens to users, often used as a marketing strategy.
• Tokens: Digital assets built on existing blockchains, typically representing utility, security, or governance.
• Coins: Native cryptocurrencies of a blockchain, like Bitcoin (BTC) for the Bitcoin blockchain or Ether (ETH) for the Ethereum blockchain.

1.2 Why Are They Important in the Crypto Ecosystem?

• Airdrops: Drive community growth, attract users, and promote new projects.
• Tokens: Power decentralized applications (dApps), enable governance, and facilitate payments.
• Coins: Serve as the primary form of value exchange, like Bitcoin being "digital gold."

1.3 Key Differences Between Airdrops, Tokens, and Coins