Crypto Airdrop History: From Early Drops to Modern Token Rewards

When you think of crypto airdrop, a free distribution of cryptocurrency tokens to wallet holders as a marketing or community-building tactic. Also known as token giveaway, it’s one of the most common ways new projects attract users. But airdrops weren’t always this crowded. Back in 2017, they were rare, simple, and mostly done by teams who genuinely wanted to spread adoption. Today, they’re a minefield—half are scams, half are noise, and only a few still offer real value.

The first big airdrop, a free distribution of cryptocurrency tokens to wallet holders as a marketing or community-building tactic. Also known as token giveaway, it’s one of the most common ways new projects attract users that caught attention was Ethereum’s 2015 distribution to early contributors. But the real boom came in 2017 with EOS, which gave away 1 billion tokens to anyone who registered a public key. That campaign alone drew over 2 million participants. It wasn’t just marketing—it was a lesson in how to build a user base overnight. Fast forward to 2023, and projects like Radio Caca, a GameFi project that distributed 90 million RACA tokens through community events and Gamestarter, a platform that rewards users with $GAME tokens for staking, NFT ownership, and participation use airdrops as core growth engines. But they’ve also gotten more complex: now you need to hold specific NFTs, join Discord servers, complete quests, or even verify your identity.

Not all airdrops are created equal. Some, like the Ariva (ARV) x CoinMarketCap, a fake airdrop campaign that tricked users into connecting wallets and stealing private keys, are pure scams. Others, like the early Uniswap, a decentralized exchange that surprised users with a 400-token airdrop in 2020, rewarding early liquidity providers, turned into life-changing windfalls. The pattern? Real airdrops reward behavior—holding, trading, or contributing. Fake ones ask for your seed phrase or a small fee. That’s the difference between a reward and a robbery.

Today’s crypto airdrop landscape is shaped by regulation, market cycles, and user fatigue. Governments are starting to treat tokens as taxable income. Exchanges are cracking down on suspicious claims. And users? They’ve learned to ignore most of them. But the good ones—those tied to real projects with active teams, clear utility, and transparent rules—are still out there. If you know where to look, you can still find value. Below, you’ll find real reviews, scam breakdowns, and step-by-step guides to help you cut through the noise and spot the drops that matter.

FEAR Token Airdrop: What Happened and Why It Doesn't Matter Anymore

The FEAR token airdrop was a simple 2021 giveaway that required only social media follows. Now, with no active development or utility, it's a relic of crypto's early days. Here's what happened and why it's not worth your time today.

Tycho Bramwell | Oct, 30 2025 Read More