In the web3 world, a giveaway is a contest where NFT and/or cryptocurrencies are given away in exchange for something, usually a share on social networks.

Participate in a giveawayĪn example of a giveaway. Distributing free NFTs under certain conditions proves to be the most effective way to make yourself known and, therefore, to be able to best value your NFT collection. If you are an NFT creator, you may have solid fundamentals and a real use for NFTs, but if you don’t have the community behind the project, it won’t work. The reason is quite simple: to create hype around an NFT collection to sell them for more money. It is a kind of title registered on a Blockchain.Ĭonsidering the hype that some NFT collections have experienced recently (Bored Ape Yacht Club, CryptoPunks, Azuki, Moonbird), one may ask, “Why on earth are some NFTs available for free? Why give away NFTs when you can sell them and make money with them?” But did you know that you can also get NFTs for free, even in 2022? We will tell you how to get your free NFT drops! Why do free NFT drops exist?Īn NFT is a “Non-Fungible Token”, meaning it is unique and cannot be exchanged. Unfortunately, to do that, you have to buy NFT. We all know it is sometimes very easy to make money with NFTs and, therefore, to earn Bitcoins, Ether, Ripple, Cryptos or Dollar.

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