Cryptocurrency Airdrop Full details 🤑 Free Real Money!!

in #crypto7 years ago (edited)

📣 What IS CRYPTOCURRENCY Airdrop? 📣

Cryptocurrency airdrops are free giveaways of pre-mined coins to the blockchain community. Airdrops typically occur ​after​ the blockchain startup has finished its ​ICO​ ​​and​ ​the​ ​token​ is available for trade​ in​ ​the​ ​open​ ​market.

📣HOW AIRDROPS WORK-

When a startup or projects decides to do an airdrop, they first take a snapshot of the blockchain upon which their project is based. Bitcoin based projects will take a snapshot of the Bitcoin chain, Ethereum based projects of the Ethereum chain, and so on. Then, at a predetermined time, the startup will distribute their platform tokens to the wallet addresses contained on the snapshot.

airdrop.jpg
For coin holders, the process is completely effortless. There is nothing a user needs to do to receive the tokens. They are simply routed to the user’s wallet by the token issuer.

The only requirement is that they hold a certain amount of the underlying crypto coins. The more coins a user holds, the more tokens he or she will receive in the airdrop, since tokens are distributed proportionately.

📣WHY PROJECTS USE AIRDROPS-

Airdrops are used by startups and projects to attract new users and incentivize existing participants. They are marketing tools that can be used to boost a platform’s popularity.

images (14).jpeg

Airdrops attract new users by giving them a way to pilot the platform or project. The hope is that the platform or project will impress the airdrop recipients, encouraging them to buy more tokens in the open market and use them on the platform.

For existing users, airdrops are a way for startups to show their appreciation, thereby giving them more resources to interact with the project.

In either case, the end goal is token use and price appreciation. If a coin shows genuine utilitarian value and price appreciation, non-users will become users by buying the tokens in the market, thereby pushing the price up. In turn this will encourage platform use and attract a larger portion of the crypto community.

📣AIRDROPS ’ IMPACT ON DIGITAL COIN USERS-

Airdrops incentivize digital coin users to be more active in the crypto community and to diversify their coin holders. Because airdrops typically reward tokens on a proportionate basis, users with a larger stake in the underlying cryptocurrency will receive a larger reward
.

✋ IMPORTANT INFORMATION FOR THOSE NEW TO AIRDROP

  1. Register at MyEtherWallet.com (MEW) or download and Create an erc20 wallet with imtoken. . Most airdrops we will be posting will require an ETH address. This is where your tokens will arrive.
    images (13).jpeg

  2. To check the arrival of your tokens go to Ethplorer.io Token will be like this

received_362671547577659.png
received_362671577577656.png

Thus you will receive coins and when it hit exchange you can see its value here also.. You can hold this coins for long time. After long time it will give huge money. Anything can be happen in Crypto Space.. So hold.. I will hold some years for bigger profit..

Tokens usually arrive after ICO, which can take a week to a few months.

  1. EtherDelta = Decentralized exchange for Ethereum based Tokens. Most tokens are listed here first. Once you receive them you can sell here. Some tokens may have minimal value but others may be worth a good few $$$. Hold or Sell your choice.

Some airdrops may ask for you to subscribe to their accounts. We advise you open the follwing accounts.

  1. BitcoinTalk = Bitcoin forum
  2. Telegram = @Abidx5
  3. Twitter = @hassanabidpisx
  4. Reddit = @Abidx5
  5. New email address - Make this like no other use.

Some tips to stay safe :

  1. Create a new e-mail address for Airdrops or use one where you have nothing important on it.
  2. All your information on a paper : Username / Ethereum address / ID / Private key and keep it safe!
  3. Never give your private key to somebody (Some Airdrops ask for private key : they are scams)
  4. Be careful about the airdrops who have their own wallet, you will have to download it (Who knows what you are downloading)
  5. Some airdrops ask for paying them a little amount (often 0.001 ETH). They are not airdrops! Airdrops are always free.
  6. NEVER KEEP USING THE SAME PASSWORD!
  7. Log the airdrops - sometimes it can get hard to track, what you signed up to.

I hope this will help people who want to do airdrops but don't know where to start.

We at Screened Airdrops will go through the airdrops before posting them to yourselves, to ensure you remain as safe as possible.

#steem #steemit #crypto #airdrop
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