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Nonfungible airdrops: Could NFA become the next big acronym in the crypto space?

Coin Telegraph LogoCoin Telegraph1w ago

Nonfungible airdrops: Could NFA become the next big acronym in the crypto space?

Quick Summary

Airdrops are a great marketing tool, but they can have downsides for crypto projects and investors alike.

Holders could also be granted exclusive early access to future features — and better still, their tokens will be waiting for them when they launch.

The only difference is that the project owner releasing the NFA makes a promise to deliver the token or other digital assets on a future launch date.


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Article Details

Author / Journalist: Cointelegraph By Sarah Jansen

Category: Crypto

Topics: Nonfungible Rewards DeFi NFT Tokens Anker Finance Cryptocurrency Nonfungible tokens Altcoins Airdrop Decentralized Finance Airdrop Hunters Digital Assets

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-23, 16:29:00

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Reading Time: 7 minutes read

Article Length: 1114 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 6196

View Article Analysis

About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 12 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #11

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