Origin of Airdrops?

What is the origin of Airdrops? Who was the first to come up with this concept? So many of you participate in Airdrops daily, but don’t know the answer to these questions? But, don’t worry, you came to the right place to get answers!

According to Jun Hasegawa, CEO of Omise, the company pioneered the airdrop concept on Ethereum in August 2017. They announced that Omise would airdrop its “OMG” tokens to every wallet that held more than 0.1 ETH.

Omise decided to run an airdrop to raise awareness about the project, but Hasegawa spoke to the broader benefits of the distribution model. He wrote in an email to CoinDesk that “The real value of Ethereum projects doing Airdrops to all ETH holders is that it’s a crypto economic mechanism designed to incentivize Ethereum project communities to maintain alignment with the entire ethereum community.”

After Omise, the trend slowly started to become the main PR strategy for new projects. Since August 2017, when the average number of monthly Airdrops was 2, there is a significant change in the number of Airdrops. Now the average number of Airdrops is 5 DAILY.

Airdrop statistic

As this table clearly shows, there is an exponential growth in number of Airdrops that come out daily.

The number of emerging ICO’s shows the similar trend.

Now that you know the origin of Airdrops, you can learn what types of Airdrops exist, and how to participate in Airdrops.