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So NFTs were a hot topic in 2022 with many celebs jumping on the NFT bandwagon by either launching their own NFT art collections, Snoop Dogg, Paris Hilton, Grimes (Elon Musk’s baby Mama) to name a few, or collaborating with brands. There were also NFT art collections such as Bored Ape Yacht Club where there are, according to recently published stats, 6,032 Bored Ape Yacht Club owners, owning a total supply of 9,998 tokens. You may be asking yourself why I am telling you all this, if you want to know how to get free NFT airdrops. Well, because it’s important to know the market you are getting into and have some background knowledge. Below we will look at ways of getting free airdrops, whether they are really free and you can decide which way is right for you.
Like the saying goes, not all that glitters is gold. On the one hand, airdrops are a way of distributing tokens in the cryptocurrency world. So a project will “drop” a certain number of tokens to users for free. Usually, users must perform some sort of action to be considered eligible, like holding a certain amount of another cryptocurrency in their wallet or writing a positive review on a forum. On the other hand, be advised that in most countries the stance on NFT airdrops is that they are viewed as a form of income and therefore subject to income tax. However, this does not mean that you can’t garner some advantages from a free airdrop. For example, it is a great way for new investors to get involved in the NFT marketplace.Find out more below on how you can get something out of receiving free NFTs.
Free airdrop NFTs value can vary depending on things such as the scarcity of the NFT, how popular the NFT project is, and the utility the NFT brings with it for its given ecosystem. Like with most commodities out there the basic economics come into play with supply and demand- meaning the worth of a free airdrop NFT depends on the market and the perception of value by buyers and sellers.
There are many ways to get access to free NFTs in 2023, these are just our top 7
Way 1: Join NFT communities on social media and forums - when new NFT projects get ready to launch they may airdrop NFTs to individuals, so if you’re active in the NFT community you’ll have more of a chance to know about it.
Way 2: Claim airdrops from NFT platforms - in order to claim an airdrop from an NFT platform you must have a wallet that’s compatible with the type of token being airdropped. You may need to fill in some information and then when the airdrop occurs and you are considered eligible, it will appear in your wallet.
Way 3: Refer friends to NFT projects - this could be a task that you are asked to complete as part of receiving the airdropped NFT. This is often used with social media influencers, they promote your NFT project and you get some tokens in return.
Way 4: Collaborate with NFT creators and projects to receive early access or exclusive drops - the more involved you are, the better your chances of understanding and knowing what may be the next NFT project to reach success. If you are an early investor or holder you may be added to a “whitellist” and gain early access.
Way 5: Sign up for NFT newsletters- the newsletters will let you know about new NFT projects in the works which you can check out and decide if you are interested in being part of their community.
Way 6: Follow NFT projects on social media and participate in their events- Social media is where a lot of talk about new projects goes down, like Discord and Twitter. Some host events and maybe there will be a free airdrop as part of the event, like a raffle.
Way7: Attend NFT meetups and conferences - maybe a little bit more time consuming than you had in mind but it can let you get to know more about the people that have similar interests to you and further educate yourself about this growing ecosystem.
If you are a newcomer to the NFT marketplace, as you familiarize yourself with the space you will see which projects interest you the most and which the community are talking about, etc. Oftentimes, new NFT projects use airdrops to generate social media buzz or reward community members by sending them free assets directly to their wallet. Make sure to read the terms and conditions of each airdrop before participating.
There are various platforms out there today that offer the service of creating an airdrop from your NFTs that you may wish to airdrop. For example, a creator of the NFTs mints the NFTs directly to a certain selection of wallets.
First off, you will need to have a crypto wallet. In order to get a free NFT account choose a platform offering them, then sign up for an account and create an NFT wallet and connect your crypto wallet to it. The platforms are user-friendly and therefore should not take too long!