What Is a Crypto Giveaway?

A crypto giveaway offers tokens or NFTs in exchange for actions like follows or referrals. Click to learn how to launch your own campaign securely.

A crypto giveaway is a promotional campaign where participants complete tasks such as joining a Discord, following on X (Twitter), or submitting their wallet address to enter. In return, they receive entries for a chance to win cryptocurrency tokens or NFTs.

This is a popular method for blockchain projects to gain exposure, grow communities, and increase engagement. The giveaway format works especially well in the Web3 space due to its viral, referral-based nature.

You can build a Crypto Giveaway easily using the Gleam Competitions App, which supports wallet capture, social actions, and real-time analytics.