White Paper & Token Issuance
Airdrop
Free distribution of tokens to specified addresses — may fall outside MiCA Title II if genuinely free-of-charge.
Definition
An airdrop is the distribution of tokens to specified addresses or users at no direct cost. Exempt from MiCA white-paper requirements under Article 4(2)(b) where genuinely free and without conditions producing consideration. Conditional airdrops (e.g., requiring social-media follow) may not qualify.
Regulatory citation