What do you think about Bitcoin and Airdrops?

What do you think about Bitcoin and Airdrops?

Airdrops.I’ll give you a straight answer from two perspectives.

One as an experienced marketing professional with a bit over a year of active trading experience under my belt,
and another from a participant.

Marketing professionals…

Anyone reading this who may be considering launching an airdrop campaign for your coin.. understand one simple thing. Airdrops bring out the worst in cryptocurrency. Literally the worst. Don’t do them. Seriously. Just don’t.

Why? Well, ok, I’ll explain why.

  1. Bots. Soooooo many automated auto joins to the degree of insanity. You’ll gain 12,000 new members in 24 hours on your channel but you’ll have zero participation because none of them are real.
  2. You’ll gain zero actual investors. People who have money and wish to invest in your company don’t chase $1 worth of coins. There is so much work involved in doing most of these airdrops that the fact is, you could expend an equivalent amount of energy simply trading $100 worth and gaining infinitely more. Thing is, people won’t look at it like that. No one will pay attention to your coin. They’ll see you’re doing an airdrop and they’ll immediately think reason 3.
  3. Airdrops result in unrecoverable dips for weeks on end. You effectively fed the machine and now the machine will want to eat and people will sell and sell and sell, causing your coin price to dip…. low.. because that’s all the price action you’ll have, a bunch of sell orders being placed, one lower than the other, competing to sell off the coin and squeeze that quick return on investment… So, there is now a new problem.. your coin is severely undervalued and you’re looking like a shitcoin. Your telegram channel is completely a ghost town and your price is way below average.. not only that you’ve just given away the one thing you forced EVERYONE else to pay for during the ICO which adds insult to injury because now they resent you as well. To compound the issue, their investment just dropped in price by 30–40%.
  4. Now you have a ghost town for a Telegram, have expended countless hours of work managing the airdrop, expended energy promoting it and pumping it and the only thing you’ve gained is a lower price than you started with.

Need more of an explanation than that? Do I like airdrops? No. Waste of time as a marketing ploy. Completely and absolutely s*** in every capacity. For anyone else looking to participate in airdrops.. ya.. so about that.. they’re free coins.. usually like $5 here and there but every now and then you may get lucky.

If you want to run around chasing pennies then go for it.. personally, I’d rather just buy $50 of a coin and hold onto it.. it won’t be worth a retirement but it may be worth something at some point. But sure… literally free coins they send you X amount and you hold or sell. It’s used as marketing. Just be careful you aren’t trying to cash in on some shady exchange because that shady exchange may be trying to rip you off.

Article Produced By

John Gannon

John Gannon, Difficult to describe, easy to understand.

https://www.quora.com/What-do-you-think-about-Bitcoin-and-Airdrops

What Does the Rise of Airdrop Campaigns Tell Us About ICOs?

What Does the Rise of Airdrop Campaigns Tell Us About ICOs?

Airdrops are massive distributions of value-caring cryptographic assets,
free of charge.

Pennies from heaven, who doesn’t like them?

Especially when it comes to magic pennies, raining down from a cryptographic sky, bearing the promise to increase in value as time progresses. This isn’t just the latest geeky Sci-Fi-inspired fantasia show killing it at Comic-Con, but rather a serious financial instrument, burgeoning in the always exhilarating blockchain space. It’s called an Airdrop, and it describes a mechanism through which a blockchain startup distributes its tokens, or virtual currency, to a large number of random people for free. ere and there you’ll be kindly asked to post about the event on social media, but overall, Airdrops are massive distributions of value-caring cryptographic assets, free of charge.

Airdrops are not a new phenomenon. We have seen blockchain companies hand out their tokens for free before. Normally this would happen shortly after, or sometimes before these entities offered their tokens in a public sale, or Initial Coin Offerings (ICOs). In 2017, ICO sales grew to astronomical proportions, in some cases reaching $153 million. With such figures, free handouts act mainly as a marketing stunt, designed to increase followership and to support the overall fundraising operation. 2018 Airdrop campaigns, however, tell quite a different story.

The amount of blockchain startups skipping the ICO phase entirely, limiting their public token distributions to free Airdrops is steadily growing. $60 Million heavy Polymath didn’t raise a dime from the general blockchain-public. The same goes for M&A marketplace LEXIT, refuting ICO rumors and limiting public participation to a “Community Airdrop,” joining ventures such as trading-community Rublix. What most of these projects have in common is evidently a solid influx of private investments, but maybe more importantly – they all balance on the lip of a highly regulated volcano. Polymath seeks to trade securities on the blockchain, LEXIT allows entrepreneurs to buy and sell entire companies and their assets, while Rublix lets you trade sensitive financial data.

Projects of this kind are like candy for activist regulators, even without involving the unregulated public sale of a new kind of asset, which may or may not be a security, depending on who you ask and in which way the wind blows today. It comes as no surprise that these established projects, which have managed to raise considerable private funding, are more than happy to skip their anticipated “public rounds” and hand out tokens to the public for free – an act that will probably remain legal, even if ICOs get regulated out of existence.

However, go over the long list of new Airdrop offerings to see that even smaller players start to prefer this less dangerous route, even if it means losing the opportunity to raise unbelievable sums of money. The young blockchain space amazes the startup industry with its dynamic changes, happening incredibly fast. Merely a few months ago ICOs were all the rage, while at the moment some crypto-insiders might recommend staying away from unfunded projects and to skip the ICO phase, at least partly.

This, of course, raises two questions: one, where does all this “private money” come from? and two, why hand out tokens for free if you can sell them privately, no strings attached? The answer to the first question again highlights the rapid changes in the blockchain space: the money comes from a loosely-affiliated network of dispersed blockchain enthusiasts; crypto markets have evolved into a maturing industry, comprising investment funds, market-makers, “institutionalized investors,” and all the jazz that makes boring Wall Street tick the way it does.

The answer to the second question is slightly more tricky: free tokens don’t yield returns or dividends the way stocks or bonds would, so their value relies entirely on the activity of secondary markets. The moment a blockchain startup matures, and its tokens become a means to unlock a certain utility, this changes to a large degree, but until then, and for private investors to sleep tight, they are dependent on demand and liquidity provided by public activity on token-exchanges. Airdrops create this activity.

This, then, raises further questions. The blockchain industry was borne of a sentiment, disparaging the ways of Wall Street “institutionals” while praising the dispersed wisdom of the crowd. ICOs were one of the means through which this sentiment was realized. Are these days now over? Is Crypto becoming just another industry, dominated by leviathans controlling highly consolidated markets, with the public picking up oddments from the floor? Well, partly, but not so fast.

The public, or “the community” as it addressed in this sector, still has a vital role in blockchain projects. Most of them still rely on network effects, some of them are open-source, and all of them would be pretty worthless without a large followership. The willingness of compliant projects to throw their tokens around, and lose potential private investments, isn’t just manipulative market-making. Airdrops as a public distribution mechanism signify that the public plays an ever increasing role in these startups, and that this role is important enough to be set on a payroll.

So then, will ICOs disappear completely and morph into Airdrop-like handouts? Well, probably not, but at the moment it appears that the public will follow projects that have raised considerable private funding, seek to raise less impressive sums publically, and perform the rest of the necessary distribution via Airdrops and various loyalty schemes. One thing however remains certain – never before have corporations donated their financial assets to random strangers only to secure their existence. This as a tendency alone would probably justify the colorful craziness this industry never tires of producing.

Article Produced By
Thought Leadership

https://www.financemagnates.com/thought-leadership/rise-airdrop-campaigns-tell-us-icos/

What are airdrops and why should I care?

What are airdrops and why should I care?

When a new cryptocurrency is launched the developers need to decide  what to do with the coins.                                               

How to Claim Cryptocurrency Airdrops

Some have them locked up until they’re mined, some put up all the coins for sale in an ICO (initial coin offering) and some give away some or most of the coins in a free airdrop. Why would they just give away the coins? It’s all about marketing and getting the word out that your cryptocurrency project exists. And if people like your project and currency, they’re likely to hold the coin, perhaps even buy more and drive up the price.

So what are these airdrops actually worth? It really depends. Most are in the $1 to $3 range. But some will be worth hundreds or thousands of dollars. You could sign up for a ton hoping to catch some good ones or you can just sign up for airdrops from projects that look promising (fyi most of my biggest payouts were not coins that I thought had any potential).

Steps to claim crypto airdrops.

Have necessary social media accounts.
The requirements for airdrops vary but many require social media accounts including Bitcointalk (a cryptocurrency forum), Facebook, Telegram and Twitter (sometimes Instagram, Steemit and Reddit). I use a dedicated Facebook, Twitter and email just for signing up for airdrops (some require you to post about them or subscribe to emails so I don’t want to clutter my other accounts).

Get an ERC20 Ethereum wallet.
Some airdrops will be held right on the platform’s website, but many tokens will go to an Ethereum wallet. An ETH wallet on an exchange will not work. You’ll need need an ERC20 (can hold ETH and ETH tokens) wallet such as one from My Ether Wallet. You can read how to set up a MEW account here. Besides MEW you may try Parity or MetaMask. Another platform that is starting to see token airdrops is Waves. You can get a Waves wallet here. Make sure you store your private key in a safe place (or places) where you won’t lose it or else you’ll lose you’re funds.

Have a list of your info for easy access.
 
It’s good to have a list links to the social media accounts you use and your wallet address so you can quickly copy and paste the into form fields. I use “text expansion” or autocomplete tools to help fill out forms. (Breevy and PhraseExpress are a couple popular ones.) So if I type “eA”, my Ethereum address will automatically be filled into the form field.

Find airdrops and follow the claiming instructions.
There are airdrop links scattered all over the internet, but I’m partial to our huge airdrop spreadsheet that is updated daily. We also run the largest airdrop claiming group on Facebook where you can sign up for and share your airdrop links. To claim, some airdrops ask you to fill in a Google form, some ask you to share on social media, some have you create an account on their site and some want you to talk to a Telegram bot. Whatever they ask you to do, follow the instructions very carefully and don’t try claim airdrops more than once or else you may end up with nothing.

Save your passwords.
Make sure you have a good password manager that is secure. Create strong passwords that have capitals, numbers and special characters. Save your passwords right away or else you’ll have to keep requesting password resets.

Avoid scams.
Unfortunately some airdrops are outright scams and some are fake forms impersonating popular currencies. A rule of thumb is to never give out info that is too personal and never give out your private key. And be wary if a form asks for a “donation” to get more coins… if it’s a fake form you just gave money to a scammer. I’ve only donated to a project once; I just like free stuff.

Check your airdrop balances.
Go to DeltaBalances and paste in your ETH address to see all the tokens you have in your Ethereum wallet and how much they’d trade for on the exchange Ether Delta. (I wouldn’t recommend trading on Ether Delta. It can be a good way to cash in your junk tokens but the interface is very frustrating and I’ve made a mistake worth 100’s of dollars due to that.) I like to wait until a token hits it big and then transfer it to a regular exchange to sell it. But sometimes as soon as an airdrop is released there will be an initial pump where you can sell the token at a high price. Some of these airdrop cryptos should be dumped but some will be successful and may be good to hold long term.

Have fun!
Maybe you’ll strike it rich and maybe not. But when I see my wallet that’s full of tons of up and coming coins, I get a similar feeling to when I was a kid collecting baseball cards and Pokemon. You don’t have to catch them all, but try to catch a few good ones, it’ll be fun.

Article Produced By

https://yourfreecrypto.com/how-to-claim-cryptocurrency-airdrops/

How to use AirDrop

How to use AirDrop

AirDrop makes sending files to Apple devices easy — here's how

Like many features native to iOS and MacOS,

AirDrop is both quick and easy. Similar to sending files via text and email, you can use the cross-platform utility to send photos, videos, songs, and even robust PDF files. This is particularly handy when you are in close proximity to the person you’d like to send your file to, as AirDrop only works when users are near one another.

The feature uses a Bluetooth connection to create a peer-to-peer Wi-Fi network between your iOS and MacOS devices and uses encryption to obfuscate your files. You can access it from directly within Photos, Notes, Safari, Contacts, and Maps too, without having to navigate to a different screen or copy and paste the information. Learn how to use AirDrop and it could become your best friend for file transfers.

Accessing AirDrop on iOS

Apple reconfigured the Control Center in iOS 11, making AirDrop less accessible than it once was. Thankfully, the feature is still easy to access.

Step 1: Swipe up from the bottom of your iPhone, iPad, or iPod Touch to reveal the Control Center. If using an iPhone X, swipe down from the upper-right corner of the display.

Step 2: Locate the upper-left box, which contains Airplane Mode, Bluetooth, and other connectivity controls. Make sure both Wi-Fi and Bluetooth are turned on.

Step 3: Perform a 3D Touch or hold down on any of the aforementioned icons. This will expand the box, and reveal additional controls like AirDrop.

Step 4: Tap the AirDrop button to open the quick settings menu. Here, you will be able to set your ability to send and receive files via AirDrop.

Note: If you see “Receiving Off” and can’t seem to change it, go to “Settings,” then “General,” and finally “Restrictions,” and ensure the AirDrop feature is toggled on

Using AirDrop on iOS

Using AirDrop on iOS is easy. Just follow these steps:

Step 1: Go to the file, photo, or other piece of content you’d like to share.

Step 2: Tap the Share button in the bottom-left corner of your device’s display. The feature’s icon will depict a box with an arrow pointing upward.

Step 3: Directly below the image or piece of content, you should see a list of available devices. Tap the name of the device with which you wish to share.

Step 4: Once accepted, “sent” will appear under the device name.

AirDrop on MacOS

AirDrop works just as well on MacOS as it does on iOS. Here’s how to take full advantage of it.

Step 1: Open “Finder” from the Dock.

Step 2: If you don’t see it in the lefthand sidebar, you can find it from the menu bar. Just select “Go” and then “AirDrop.”

Step 3: The AirDrop window will show you all nearby devices that can accept your files and documents. Drag what you want to send on to the intended recipient, and drop it to begin the transfer.

Alternatively, you can open the file you want to send and click the share button — it looks like a rectangle with an up arrow pointing out of it. Choose “AirDrop” from the sharing options and then choose a recipient to send the file to them.

Accepting or declining an AirDrop transfer

Sending a piece of content via AirDrop is easy, as is accepting or declining an AirDrop transfer. But it is a little different depending on which platform you’re using. If someone sends a file or photo to you using AirDrop, an alert will appear on your screen with a preview of said content. You’ll need to accept it to complete the transfer. On iOS, you can tap the “Accept” button that pops up in the center of your screen. On MacOS, you’ll need to look to the AirDrop window, or at the notification in the top corner.

Selecting “Accept” will open the app that corresponds with the file (Photos, for instance), whereas tapping “Decline” will cancel the transfer. Keep in mind that if you’re sharing content with yourself via AirDrop, you won’t see an option to accept or decline an AirDrop transfer; the content will automatically transfer between your devices, assuming both are signed in using the same Apple ID.

Making sense of AirDrop’s quick settings

Once you have access the quick settings menu, you’ll be presented with three options:

  • Receiving Off: This blocks your device from receiving any and all AirDrop requests.
  • Contacts Only: This makes it so only your contacts can see your device.
  • Everyone: This allows all nearby iOS users who are using AirDrop to share files with you.

Troubleshooting

If you’re having trouble transferring content between devices, double check that both Bluetooth and Wi-Fi are turned on. This applies to each device, as AirDrop only works when both Wi-Fi and Bluetooth are enabled. If that doesn’t solve the issue, ensure you’re not using your iPhone or iPad as a personal hot spot. To do so, go to “Settings,” then “Cellular,” followed by “Personal Hotspot,” and ensure the slider beside the feature is toggled off.

If none of the above solve the issue, make sure the two devices are within range of one another. AirDrop will not work if either user is out of Bluetooth and Wi-Fi range. Also, if the person you’re attempting to share your content with has AirDrop set to Contacts Only, and your information is not saved in their contacts, make sure they toggle their AirDrop configuration to receive AirDrop content from “Everyone.”

Article Produced By
Jon Martindale

https://www.digitaltrends.com/mobile/how-to-use-airdrop/

How to Use AirDrop on Your iPhone

How to Use AirDrop on Your iPhone

Learn how to AirDrop from your iPhone to your Mac or other devices

AirDrop lets you share photos, documents, and other files wirelessly

with other nearby AirDrop users. It's the easiest way to share files with other iPhones, iPads, and Mac computers without having to rely on file transfer methods like email or cloud storage services. Once you enable AirDrop on your iPhone, you can accept files from other AirDrop-enabled devices around you. There are multiple ways to enable AirDrop on your phone depending on who you want to be able to see your phone when they try to AirDrop files.

Which Apps Support AirDrop?

Many of the pre-installed apps that come with the iOS can be used with AirDrop. This includes Photos, Notes, Safari, Contacts, and Maps. This means you can share things like photos and videos, websites, address book entries, text files, and much more. Some third-party apps support AirDrop, too, to let you share their content. However, it's up to each developer to include AirDrop support in their apps, so not everything you download from the App Store will work with AirDrop.

AirDrop Requirements

  • An iPhone 5 or newer, a 5th generation iPod touch or newer, an iPad mini, or 4th generation iPad or newer
  • iOS 7 or higher
  • A Mac from 2012 or later
  • A Mac running OS X Yosemite (10.10) or higher
  • Another iOS or Mac user with an AirDrop-compatible device
  • Bluetooth turned on
  • Connection to a ??Wi-Fi network
  • The person you want to share content with must be nearby (AirDrop doesn't work over the internet)

 

How to Enable AirDrop on Your iPhone

To use AirDrop, you have to make sure the settings are set up correctly, which you can do in the Settings app. Some versions of iOS work a little differently, though, so you might need to follow the second set of steps below.

  1. Open the Settings app.
  2. Tap General.
  3. Tap AirDrop.
  4. Choose an appropriate setting:
    1. Receiving Off disables your phone from receiving AirDrop requests, so nearby devices will not see your phone when they attempt to share files. However, you can still send files to others.
    2. Contacts Only lets you use AirDrop only with people in your address book. This gives you the most privacy but also limits the number of people who can share files with you.
    3. Everyone does just what it says: lets everyone around you attempt to share files with you over AirDrop. 

If you don't have these settings on your phone, then you have an older iOS version, but you can still turn on AirDrop. 

  1. Swipe up from the bottom of the screen to open Control Center.
  2. Tap the AirDrop button.
    1. This button should be in the middle, next to the AirPlay Mirroring button.
  3. Choose who you want to be able to see your phone.

How to Share Over AirDrop

With AirDrop turned on, you can use it to share content from any app that supports it. 

  1. Open the app that has the content you want to share.
    1. For example, open the built-in Photos app to share pictures or videos you've saved to your phone.
  2. Select the file you want to share over AirDrop.
    1. If the app supports it, AirDrop lets you share multiple files at once. In the Photos app, for example, select multiple images or videos.
  3. Tap the action box, identified by a rectangle with an arrow coming out of it.
  4. Tap the device you want to share the content with.
    1. Icons of all the nearby AirDrop-enabled devices are shown in the Tap to share with AirDrop section.

After you send the content over AirDrop, there's nothing left for you to do but wait for the other user to accept the transfer. You'll see a "Waiting…" message in the meantime, and then "Sending" during the transfer, followed by "Sent" once they receive your file(s). If the other user declines your AirDrop request, you'll see a red "Declined" message instead.

How to Accept or Decline an AirDrop Transfer

When someone else sends you data over AirDrop, a window pops up with a small preview of the content. You have two options: Accept or Decline. If you tap Accept, the file(s) will be saved to your device and/or opened in the appropriate app. For example, accepting a transfer of images over AirDrop will save the photos to your phone and then open them in the Photos app, URLs will launch in the Safari browser, etc. If you tap Decline, the transfer is canceled and the other user will be told that you declined the request.

Note: If you're sharing a file with a device that's logged in with the same Apple ID you're logged in with, that device will not be shown the Accept or Decline pop-up message. Since both devices are assumed to be your own, the transfer is accepted automatically.

AirDrop Troubleshooting

If AirDrop doesn't work, there's a good chance that you've not enabled it from the settings (see item No. 1 above), or that you have but you've only set sharing to contacts, and the person who's trying to send you something is not in your address book.However, if you've already checked those settings, and so has the other user, but AirDrop still doesn't work, there are a few troubleshooting tips you can try.

  • Enable Wi-Fi and Bluetooth: AirDrop requires that both you and the other person have Wi-Fi and Bluetooth enabled.
  • Disable Your Personal Hotspot: If you're using a Personal Hotspot while trying to also use AirDrop, disable it. AirDrop doesn't work simultaneously with hotspots.
  • Move Closer: AirDrop is based on Bluetooth, so it has Bluetooth's range limitations. Move within about two dozen feet (preferably closer) of the person you're sharing files with.

Article Produced By
Sam Costello

"I'm fascinated by and enthusiastic about technology. I value technology that helps people and makes our lives better, that improves our time and our relationships. When assessing a new technology or writing about how to perform a task, I take a human-centered approach that focuses on helping people do things better."

https://www.lifewire.com/use-airdrop-on-iphone-1999205

The best Airdrop-friendly Cryptocurrency Exchanges

The best Airdrop-friendly Cryptocurrency Exchanges

Cryptocurrency Airdrop is a great way to get acquainted

with the Project and get some free Tokens. For over a year now Cryptocurrency Airdrops have been quite popular, many people have gained diverse Airdrop Tokens, this blog is about the best exchanges to trade your Tokens. ICO’s often illustrate their roadmap in a creative way, but is very useful to use as a reference point in selling the tokens from their Airdrop, essentially allowing the ICO to show their true worth. Once you have decided to sell your Airdrop tokens, it is time to select an Exchange. To find where the tokens are traded, you can use coinmarketcap.com.

As of June 20th according to coinmarketcap, Binance offers their customers to trade over 357 different crypto markets. Not is Binance only a large Exchange, it is also user-friendly in managing your assets and performing the trades. There is a limit in daily trading volume as usual, which can be increased by performing a KYC. A few examples of Airdrop tokens that are currently traded on Binance: BRD Token, Waves & Aelf. Another advantage of using Binance is that some Airdrops are automatically supported. For example, holders of EOS who keep their EOS on their Binance account will automatically be eligible for IQ, DAC & EON Airdrops!

Another user-friendly cryptocurrency exchange, KuCoin, is known to list trading pairs of tokens manufactured by quality ICO’s. If one of your Airdrop Token is listed on KuCoin, it is a good idea to hold them. Oyster did an Airdrop some time ago with AirdropAlert where PRL tokens were distributed. PRL tokens are traded on KuCoin and holders of PRL tokens were given SHL tokens (another Airdrop by Oyster, but new application). If you held PRL tokens on KuCoin, you’ve gotten SHL tokens automatically! Including other reasons, this explains why KuCoin is popular among Airdrop Hunters.

Supporting over 240 cryptocurrency trading pairs, Huobi is definitely one of the exchanges where you will be able to trade your Airdrop tokens first. Huobi is a Chinese cryptocurrency, tokens based on the Neo blockchain (Nep-5 Tokens) are therefore more likely to be listed on Huobi first. Huobi is based in Beijing, China and is founded in 2013, Huobi targets their audience whom are based in China. Most locals in China know what a Bitcoin is and have heard of the blockchain technology. Airdrops are referred to as ”candies”, it is very probable that tokens from Chinese/Asian ICO’s are listed on Huobi, which is why Huobi is selected as one of the feasible Cryptocurrency Exchanges to trade your Airdrop Tokens.

Compared to the previously mentioned cryptocurrency exchanges, EtherDelta distinguishes itself by representing a decentralized trading platform for Ether and tokens based on the Ethereum blockchain (ERC-20). This means that no single server or person owns the exchange or its service. Using EtherDelta is done by submiting your private key and allowing you to place orders directly from your wallet. Downside of this is that there are phishing websites imitating EtherDelta, you don’t want to give them your private key! Since most Airdrops are essentially Tokens based on the Ethereum blockchain, EtherDelta is an excellent choice to sell your tokens.

Article Produced By
Airdrop Alert

https://www.airdropalert.com/icoreview/best-exchanges-for-airdrops/

What’s a Cryptocurrency Airdrop? A Beginner’s Guide

What’s a Cryptocurrency Airdrop? A Beginner’s Guide

What’s an Airdrop?

Have you ever noticed an unexpected increase in your cryptocurrency wallet and didn’t know where the free coins came from? That, my friend, is most likely the result of an airdrop. Hoorah for free money! Airdrops can be delivered in a variety of ways, including forks (e.g. Bitcoin Cash, Bitcoin Diamond), ICO purchases (e.g.Raiden Network), and freebies (e.g. Binance gifting customers with 500 free TRX). Sometimes an airdrop will occur if a team behind the blockchain project decides to give away “free” tokens to the cryptocurrency community.

One of the most well-known examples of an airdrop is when a hard fork of Bitcoin, Bitcoin Cash, gave current Bitcoin holders an equivalent amount of Bitcoin Cash. At the time of the airdrop, if you were holding 0.4 Bitcoin, you were one of the many lucky receivers of 0.4 Bitcoin Cash. With Bitcoin Cash currently valued at $2,469.36 USD, that sounds like a pretty sweet deal!

Why do Airdrops Occur?

However, a big question still remains. Why does this happen, and why would a team decide to give away valuable tokens? Think about it this way. When you’re walking down the aisle of your favorite grocery store and employees are offering you samples of food to try, you may take a quick peek to analyze what the food is to decide if you want to try it. You take a bite, and it sure is delicious. The employee offering you the free sample then says “if you like it, you can find it in aisle 5 on the left-hand side”. From that single nibble, you may just go and buy the product.

In marketing, awareness is often one of the initial steps in a buyer’s journey. As with the grocery store example, psychology plays a crucial role in the aspects of an airdrop, as a buyer is much more likely to purchase a product they are familiar with than a product they know nothing about. Therefore, those in charge of distributing the tokens see an airdrop as a key opportunity to give you a taste of their tokens. Compared to alternate forms of costly advertising (such as Facebook Ads), airdrops are often a more effective approach to showcasing coins.

How Can I Inform Myself About an Upcoming Airdrop?

Many sites and online groups are dedicated to informing users of upcoming, past, and active airdrops. Icodrops and Airdropalert, for example, show a list of upcoming airdrops. They also advise you on how many days are left before they take place and what currency you need to hold at the time of each one to receive the coins. Another way to inform yourself of an airdrop is to simply keep up to date with the various social media accounts of each project.

That being said, often times, airdrops are surprises (unless you work with the project’s team). In other circumstances, an airdrop will be announced ahead of time and will have a different set of rules for receiving the tokens. The rules designated to an airdrop are decided on by the project’s team. This explains the differences in airdrop strategies. As of now, there are no standard implementation rules on how airdrops need to be designed. We may see official regulation on how they can occur if the government steps in.

A token airdrop currently underway is one from the ShipChain project. Their strategy is a bit more complicated than just holding a certain currency in your wallet and receiving free tokens. According to their website, “eligible” airdrop receivers will get the tokens in their respective wallets around March, as long as they follow these guidelines:

  1. Be an “active member of our Telegram group. An ‘active member’ means anyone that is a member of our Telegram community before the airdrop signup process is complete, which is two weeks from the Jan 15th start date.”
  2. “Pass KYC/AML (Know Your Customer/Anti-Money Laundering). This is a simple form we will have you fill out, it will be emailed to you within 1-3 weeks of completing this registration.”
  3. “Have a valid ERC20 non-exchange wallet.”

What Wallets Do I Need?

Usually, airdrops occur on the Ethereum or Bitcoin blockchain and all you need is an account on an exchange. However, those in charge of the airdrop will sometimes state a specific wallet that’s needed such as an “ERC20 non-exchange wallet”. If you’re new to cryptocurrency, you may not know what this exactly means and that’s ok, we’re here to help.

What ShipChain means by a non-exchange wallet is simply a wallet that isn’t located on exchange sites such Binance or Coinbase. Reputable non-exchange wallets include Exodus and Jaxx. For a detailed list of wallets, feel free to visit our Bitcoin Wallet guide. The article also includes ways to safely store your tokens and the advantages/disadvantages of using different types of wallets. An ERC-20 wallet simply means any wallet that supports the Ethereum blockchain system. Some tokens follow Bitcoin protocol, some follow Ethereum, etc. Therefore, it’s important to have a wallet that allows you to store ERC-20 tokens if that’s what the airdrop guidelines call for. MyEtherWallet (MEW) is a popular ERC-20 wallet.

 

Final Recommendations

Most importantly, make sure you are visiting the official site of the project when researching airdrops. A good way to filter out scam sites is to visit the official social media pages and find a post which links you back to their website.  As stated before, the cryptocurrency market is currently unregulated and the potential for fraud and coin theft is high. Reputable blockchain projects will not ask you for private wallet information beyond your wallet’s public address. Never give out your private keys to ICOs who claim to “need it” for your airdrop to be delivered. Identity theft and hacking attempts are prevalent in the cryptocurrency community, and you do not want to be a victim when proper measures can be taken.

Article Produced By
Erin Gorsline

https://coincentral.com/cryptocurrency-airdrop/

Cryptocurrency Airdrop Information

Cryptocurrency Airdrop Information

What is a crypto airdrop?

Currently the most commen crypto airdrops require a few simple social media task. These projects use an airdrop as a marketing campaign. Examples of this format are Shivom, TraXion and Sandblock. A Hardfork is a less common, but well known way to do an airdrop. At a certain block number a chain Hard fork's in to two separate chains. if both chains get miner and community support you now have 2 separate coins! The most famous examples of this are Bitcoin Cash & Ethereum Classic.

How do I get free crypto?

Every airdrop has a different set of rules. Currently new airdrops require retweets on Twitter, usually you need a minimum amount of followers. Make sure you have active social media accounts to be eligible for these free crypto tokens.
Most airdrops of today require to join their Telegram group so make sure to download the Telegram app.

Other possible requirements are:

  1. Reddit
  2. Facebook
  3. Medium
  4. Youtube
  5. Slack & Discord
  6. Linkedin

Check your wallets regularly to see if you received surprise airdrops. Platforms like Waves or Komodo have delivered airdrops for Waves or Komodo holders without any announcement.

Why do ICO's give away free tokens?

If you're not paying for the product, you are the product. With doing an airdrop the project creates awareness about their ICO or token. It brings people to the project that otherwise would not have owned or heard about it. It could lead to token price appreciation, since people value a token they own higher than a token they don't own. This is called the endowment effect.

Airdrops create a community/network of people who own the tokens. If you would list the token distribution after an ICO in a pie graph, a large part of the pie is still owned by the Dev's or project. Another large part is owned by people who joined a pre-sale. And a reasonable part is owned by people who invested in the ICO. An airdrop adds an extra slice to the pie and that slice will have the most people in it.

An airdrop also plants a seed. When you look at Coinmarketcap you will see a list of thousand coins. Just on page one you can see 100 coins listed. However if you have or had a coin that name is still in your brain. The seed is planted and whenever you check Coinmarketcap and scroll down, the name of the free e-Coin will jump out and people will check how it is doing. If they see an article that the free e-Token is doing well or bad, they are more likely to click it if they own it or previously have owned it. It's just like advertising!

Where do I sell my airdrops?

So now you have free crypto, what do you do? Many coins that do airdrops are PRE-ICO or just finished their ICO. This often means it is not traded yet on the bigger exchanges. You can check out our exchange page to see where you can best sell your crypto airdrops. We suggest you make an account at all exchanges we listed so you can easily sell and receive your crypto airdrops.

We hope you receive as many airdrops as possible and that they increase in value over time. Many projects that are now top 40 coins have done airdrops in their early stages, like NEM, DECRED & Ripple. You don't need to immediately sell your free crypto, there is nothing wrong with being a HODLer.

What are the exclusive airdrops?

Exclusive airdrops are only for AirdropAlert.com subscribers. We host special airdrops in collaboration with ICO’s. We are responsible for the registration, distribution and promotion of these airdrops. We have hosted Exclusive airdrops for over 20 ICO's and will bring you more in the near future. Are you an ICO that wants to do an Exclusive airdrop with us?

How do I keep my cryptocurrency safe?

The safest way to store your airdrops are hardware & cold storage wallets. These wallets store your coins offline, and therefore protect them from being hacked. There are a number of hardware wallets available. Not all cryptocurrency can be stored in hardware wallets. We advise you to store your crypto in wallets where you control your private keys. You don't want your free crypto to be stolen!

To avoid scams we have a few general rules:

  1. Never give your private keys!
  2. Use 2 Factor Authentication on your wallets
  3. Be careful downloading wallets of smaller project, possibly use a Virtual machine.
  4. Never click on links redirecting to wallets
  5. Don’t use your main email address to apply for airdrops
  6. Don’t re-use your passwords when you register on a website
  7. Don’t send small amounts of crypto to receive your airdrop

Earn a bounty by alerting us of scams

We strive to keep our website free of scam projects. Our team provides research behind each coin we list. However it is still possible we miss a scam project. Recently some projects changed their google form asking for private keys after we list them on our website. We award people with $5 worth in Ethereum if you email us about a scam on our website under upcoming or active airdrops. Help us to keep the site clean and prevent other people to be a victim of a scam.

What does the star rating and estimated value of the airdrops mean?

We rate the airdrops based on the ICO/token, website, social media, Bitcointalk thread and our experience dealing with over a thousand new airdrops.

***** The star rating:
 **** Excellent, a must join
  *** Good airdrop, estimated value medium-high 
   ** Legitimate airdrop, estimated value low
    *Join at your own risk

If an airdrop is not listed on our website it did not pass the approval of our analyst. This means that the risk of a scam is too high to promote through our platform. Airdrops that are not listed on our website are not eligible for our scam boun.

List your airdrop!

Do you want to list your airdrop on AirdropAlert.com? Please note that listing on AirdropAlert is free. Because we have a very long queue of pending Airdrops to be listed on AirdropAlert it might take several days for your Airdrop to be published. If you want your Airdrop to be reviewed before others, apply for Priority application.

Article Produced By
Airdrop Alert

https://airdropalert.com/

How To Earn Free Cryptocurrency With Airdrops

How To Earn Free Cryptocurrency With Airdrops

How To Earn Free Cryptocurrency With Airdrops

In life, we’ve been told that there is no such thing as a free lunch and you’ll always have to sing for your supper and for the most part its true. Even in the world of cryptocurrency, where coins receive crazy valuations overnight with swings of 30 – 50% can make you crazy money in the space of a week, there is still no way to score big without taking on some risk or putting in some hard graft. So now that we’ve established that you won’t get a free lunch, you are however entitled to getting a little snack for just about no effort through the magic of cryptocurrency Airdrops.

What are Airdrops?

A crypto airdrop is when a blockchain project decides to distribute free tokens or coins to the crypto community in order to gain interest as well as encourage usage and trading. It’s a great way to get initial marketing going and use word of mouth and the community to generate interest on your behalf. Airdrops are a way of creating micro-ambassadors for cryptocurrency projects and also drive investor interest. Since the user already owns the coin, monitors its progress and growth, they are more likely to invest money in it in future.

What popular coins that have had Airdrops?

A word of warning, not every cryptocurrency project that Airdrops will even get off the ground and you may be sitting on a few useless coins. There have been many failed projects in the past, but singing up costs you nothing. On a positive note, every Airdrop could be a potential gold mine and you may have just bagged some free coins that are going to the moon.

Popular coins that have used Airdrops to get community interest are:

  • Bitcoin Cash
  • Ethereum Classic
  • Stellar Lumens
  • OmiseGo
  • Qtum
  • Tron
  • CanYa

Now wouldn’t you have loved to have gotten a couple of those coins for free? I know I would.

How do I participate in an Airdrop?

Every airdrop has a different set of rules but for the most part, a simple sign up with an email address and a wallet ID should be all you need to claim your coins.

Direct application

If you’re serious about Airdrops I would suggest you make a Bitcointalk forum account to be able to apply for the airdrops that require contacting a team member (usually PM). Ethereum Dark airdrop is a good example of this format. Every person that wanted to apply for this ETHd airdrop had to PM the developer with his ETHd address to get the tokens. “Newbies” on the forum are often rejected for new airdrops, so we suggest you post once in a while to get a higher rank.

Hodlers

In certain cases, the only way to access a crypto Airdrop is to own a certain amount of coins of a certain blockchain in order to qualify. An example of this is the ONT airdrop that will be happening this month, only owners of NEO tokens can qualify but they have to also add these tokens to the native NEO wallet and cannot be held on an exchange.

Social media shoutouts

Other crypto airdrops require social media posts or you need to contact a member of the team on the Bitcointalk forum. These projects use an airdrop as a marketing campaign. Some new airdrops require retweets on Twitter, posts on Facebook or LinkedIn. Make sure you have active social media accounts to be eligible for these free crypto tokens.

Referrals

Certain Airdrops are looking to scale and often offer those who have signed up a chance to earn more coins by referring friends to sign up for the Airdrop. Having you do their marketing for them in exchange for a little extra crypto.

How do Airdrops work?

The format of these crypto giveaways is usually like this: At a pre-announced time the project behind the event will take a ”snapshot” of the blockchain, and anyone holding Ether or Bitcoin at that point will receive a certain number of free tokens. This can also be done on other blockchains, but Ethereum and Bitcoin are the most used for this airdrop format. The majority of Airdrop tokens are built on or use the ER20 token on the Ethereum blockchain a placeholder value. In order to hodl these placeholder or pre-ICO tokens, you will need to set up a wallet that can handle these requests.

The two options I’ve found to work best are MyEtherWallet & Metamask. Simply install these on your chrome or firefox browser as an extension or visit their website to create an ER20 token compatible wallet and use this ID to receive your free Airdrop coins. Once the Airdrop is over and the coin moves into ICO phase, check your wallet to make sure you’ve received your coins. Also, follow the community on Telegram or other social media platforms to stay informed about the Airdrop and progression of the project

Where can I find Airdrops?

If you want to get started with Airdrops a good place to start is signing up with Earn.com as well as Aidropalert.com. These sites will email you as soon as an Airdrop begins and provide you with all the details you need to claim your free cryptocurrency. Protip! To stay up to date with the latest airdrops check out the following post – How To Stay Updated With The Latest Cryptocurrency Airdrops So there you have it, how to earn some free crypto with Airdrops. So up up and away you go and hope you hodl to the moon!

Article Produced By
Che Kohler
of NicheMarket

https://www.nichemarket.co.za/blog/earn-free-cryptocurrency-airdrops/

3 Best Places to Find Airdrops

3 Best Places to Find Airdrops

It is common to come across numerous cryptocurrency airdrops

within the industry. Many new and upcoming coins and tokens choose to perform airdrops as a way to increase hype and attention for their products. It can also be an impressive way to kickstart (or bootstrap) a new ecosystem. The only problem is that not everybody knows where to look when trying to find airdrops. It is often the case that people hear about them only after they have concluded. When it comes to airdrops, it is ideal to be there at the start, as higher quantities of tokens are often given out early. Here is a list of the three best places to find airdrops from:

RightBTC

The cryptocurrency exchange, RightBTC, is by far one of the greatest places for finding airdrops. Not only does the exchange regularly run them, but they are also selective as to which tokens they choose to work with. RightBTC only conduct airdrops with companies that they trust. This means that you will only get airdrops for high-quality tokens. The exchange has run airdrops for both CEEK and EBOOST in the past, and with the announcement of their very own token (the Right Token), they revealed that they have more airdrops planned in the future. Keeping RightBTC on your radar is a guaranteed way to find out about new and upcoming airdrops.

AirdropAlert

AirdropAlert is a website which lists numerous airdrops within the community. It is regularly updated, and new airdrops are constantly announced. It also tells you how long the airdrop has been running for. AirdropAlert also runs a second site called BountiesAlert, where they showcase the various cryptocurrency bounties which are currently happening.  The one problem with both AirdropAlert and BountiesAlert is that they both will list any coin or token, regardless of whether it is a scam or not. They do not seem to perform any sort of checks to make sure that the airdrops they list are actually worthwhile. This means that each user must search for themselves first.

BitcoinAirdrops

The BitcoinAirdrops subreddit is dedicated to finding and discussing airdrops which exclusively pertain to Bitcoin. Since the Bitcoin Cash fork, numerous developers have been forking Bitcoin and creating their own coins. Sometimes when this happens, it is possible to freely claim a separate amount of coins on the new fork, so long as you have bitcoins first. The most famous time this happened was with Bitcoin Cash. Users who owned bitcoins before the fork could also claim an equal quantity of Bitcoin Cash. As developers are still out there forking Bitcoin, it is still possible to claim new coins.

Article Produced By

Aubrey Hansen

I am an enthusiastic freelance journalist interested in crypto world. I studied journalism and I am passionate about writing. More time passes, more I get confident about ..

 

https://captainaltcoin.com/3-best-places-to-find-airdrops/