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

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Airdrops have become the bread and butter of the crypto world — for good reason.They're an indispensable marketing tool for up-and-coming projects that want to create a buzz around their ecosystems.Done right, distributing free tokens to the public can help elevate demand — and unlock big benefits for recipients.

After all, if these altcoins end up being listed on major exchanges at a later date, their value could explode.Unfortunately though, downsides have started to emerge.

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