A cryptocurrency token airdrop is a novel means of distributing rights over a blockchain project to a community of users and owners for free. The market value of these airdrop giveaways is often upwards of hundreds of millions of dollars. Rimary rationales for airdrops are marketing (to attract new users and to maintain a community) and decentralization of ownership and control of a project (building community, providing regulatory protection, and enhancing security). Additional rationales include creating liquid public markets and taxation treatment of token distribution.