Lockdrop: The Token Distribution Strategy That Changed the Crypto World

Updated

July 29, 2025

Gambar Lockdrop: The Token Distribution Strategy That Changed the Crypto World

Jakarta, Pintu News – Lockdrop is an evolution of token distribution methods such as airdrop and Initial Coin Offering (ICO). Unlike airdrops that distribute tokens for free without conditions, lockdrops ask users to lock a certain amount of their tokens in a smart contract for a certain period. Once that period expires, users not only get back the tokens they locked, but also receive new tokens in exchange for their participation.

What Makes Lockdrop Different from Airdrop?

Lockdrops offer a more bonded and committed approach compared to airdrops. In a lockdrop, participants must lock in their tokens, which indicates a higher level of trust and commitment to the project. This is in contrast to airdrops, where tokens are given away for free and often without any meaningful conditions. Lockdrops not only increase trust, but also help in building a more stable and engaged community.

By using lockdrop, projects can gauge real interest and support from the community as it requires more concrete actions than just receiving free tokens. This creates a more dedicated user base that may be more inclined to support the project in the long run. Lockdrops also reduce the risk of sudden token sales that can happen if tokens are given away for free.

Also Read: Top 4 Cryptos to Buy in Q3 Altcoin Season, Bitcoin’s Dominance Declines!

How does Lockdrop Work?

In a lockdrop, token holders must lock their tokens in a smart contract for a set period of time. The longer they lock their tokens, the more new tokens they will receive in return. This process not only ensures that participants are serious backers, but also gives the project time to develop its infrastructure and community.

Once the lock-in period ends, the original tokens are returned to their holders along with the new tokens they have earned. This provides an incentive for token holders to participate in the lockdrop, as they not only support the project, but also potentially benefit from the new tokens received.

History and Future of Lockdrop

The lockdrop concept was first introduced by Commonwealth Labs on the Edgeware network running on the Polkadot Blockchain in 2019. Nearly 90% of Edgeware tokens were distributed via lockdrop, demonstrating the success of this method in attracting the right experimenters. Edgeware founders Raymond Zhong and Dillon Chen see lockdrops as a more attractive alternative to ICOs or airdrops.

Edgeware’s success proves that communities are willing to invest their tokens in new projects. While not many other projects have adopted this method yet, the potential of lockdrop to form a diverse community of stakeholders cannot be ignored. With the crypto industry constantly evolving and seeking innovation, distribution methods such as lockdrop may become increasingly popular in the future.

Conclusion

Lockdrop offers an innovative and committed way for token distribution that can help build a stronger and more engaged community. With the success that Edgeware has shown, the future of lockdrop looks bright as an effective and efficient token distribution tool. This may be a trend that many other crypto projects will follow in a bid to secure greater and more dedicated community support.

Also Read: 10 Potential 2025 Crypto for 2025 Year-End Profits! Any of your favorite coins?

That’s the latest information about crypto. Follow us on Google News to get the latest information about the world of crypto and blockchain technology. Check today‘ s bitcoin price, today’s solana price, pepe coin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.