What is a Waitlist?

Some cryptocurrency projects, particularly those approaching an initial exchange offering (IEO) or launchpad listing, will create a waitlist for interested participants. This allows users to express their interest in accessing the project's tokens or participating in its sale before it becomes publicly available. Being on the waitlist doesn't guarantee access, but it can improve your chances of participating, especially if the project has limited or exclusive allocation for early supporters.

Some airdrop campaigns, which distribute free tokens to users who meet certain criteria, may also use a waitlist system. Joining the waitlist ensures you receive updates about the airdrop and potentially increases your chances of receiving tokens.