All You Need to Know About Airdrops

All You Need to Know About Airdrops

Everybody likes free things, although we are usually suspicious of them.

This is because we have been used to thinking that free things serve as a bait to hook you on to something else. So, people would usually shy away from free things particularly free money. But in the cryptocurrency world, there is actually free money and it is referred to as ‘Airdrop’

What are Airdrops

Airdrops refers to a process whereby a  cryptocurrency enterprise distributes its  tokens to a user’s wallet, completely free of charge. Usually, airdrops are done by start-ups, although, established companies or platforms can do them as well. The airdropped coins usually are fairly low in value or used within the ecosystem of a particular platform, but they definitely have the potential to grow. Airdrops are like marketing campaigns organised by a cryptocurrency startup to raise awareness about their services or products. That way, they can generate more interest and exposure for their products. As information about the Airdrop and that particular token spreads among the community, raising the awareness, which in turn increases the trading volume of a particular coin when it gets listed on an exchange. There are basically two types of airdrops. The surprise ones and the ones that are announced prior to the time it is airdropped.

Airdrops are different from Initial Coin Offerings. While ICOs involve a private sale where investors purchase tokens in a private sale often followed by a public sale round where small investors purchase tokens. However, airdrops do not involve any purchasing and are just token giveaways.

How to get free coins

Now that we have established that airdrops are just giveaways, you need to know how to participate in one, in these simple steps. First, you sign up for an Airdrop by filling out a form. Next, you give out your wallet’s address for receiving coins, and free tokens land in your wallet at the speculated time. You can also sign up for online services that provide information about airdrops. These online services will send you an alert when there is an airdrop. Such as   Airdropalert.com or Airdropaddict.com. Also, there are telegram groups and twitter account of coins that announce new airdrops.

Beware of Airdrop Scams

There are many scammer out there ready to take advantage of every situation.  The cryptocurrency industry is not left out. It is still largely unregulated and still growing. For this reason, many scammers set up crypto projects for the purpose of scamming users out of their money. So one has to be very careful. Some airdrops are setup to hack into the wallets of unsuspecting users thereby stealing their private key. You should ensure that the airdrop is authentic before participating in it. You can also store your crypto in cold storage to prevent them from being stolen.

Article Produced By

Rebecca Asseh

I am a blockchain and cryptocurrency journalist fascinated with sharing the knowledge of this wonderful technology in the simplest language possible.

https://cryptotvplus.com/all-you-need-to-know-about-airdrops/

 

 

TP

Beyond the ICO Part 2: Regulation Breeds Specialization

Beyond the ICO Part 2: Regulation Breeds Specialization

Fraudulent ICOs have stolen billions in investor capital,

damaging market sentiment and capturing negative attention from strong-handed regulators around the world. There’s no doubt that the shape of ICOs is changing–but what role will regulators play in the future development of the ICO model? As market participants begin to adapt to exit scams, a set of de facto requirements have emerged that ICOs must follow to succeed—rules that government regulators have begun to adopt while a legal scaffold is quickly constructed around the out-of-control ICO industry. In this three-part series, CryptoSlate will assess the current state of the ICO ecosystem, analyze the regulatory shift that is making the “traditional” ICO model untenable and take a look beyond the ICO at the future of a decentralized capital generation.

The ICO is Dead. Long Live the ICO

The hand that will drive the final nail into the coffin of the traditional ICO model is directly attached to the arm of regulation. Upcoming regulatory changes to the definition of what constitutes a security will see scores of the ICO ecosystem fall to the tyranny of financial watchdogs–which is, in some cases, necessary. The core appeal of the ICO model, which democratizes access to growth capital, is how it opens up participation in the market of ideas to anyone, anywhere–free from restrictions such as the U.S. SEC’s limitation on pre-IPO sales to “accredited investors.” A small oversight, however, is arguably necessary to safeguard the interests of ICO investors.

ICO regulation hinges on the separation of the sale of utility tokens, which provide investors with access to future products or services, and security tokens, which represent ownership of an asset, with functionally equivalent to equity or debt. The SEC’s position on ICOs, however, appears to place all tokens sold in ICOs in the latter category and, therefore, under the jurisdiction of the SEC.

As expressed by SEC Chairman Jay Clayton in April:

“I believe every ICO I’ve seen is a security”

Regulators are Stepping in—and Why That’s a Good Thing

If the SEC does not step in to “stop the fraudsters,” states Clayton, there is a serious risk that the regulatory response to fraudulent platforms will be so severe that they will restrict the capacity of the entire crypto asset class. The SEC, it appears, will no longer tolerate the “wild west” environment of the ICO ecosystem. While the SEC has recently softened its stance on ICOs, it’s clear that the classification and regulation of ICOs are soon to change. At the Yahoo Finance All Market Summit: Crypto in San Francisco, June 14, the SEC’s corporate finance division head, William Hinman, admitted that it’s possible for a token sold as a security offering, as defined by the SEC,

to be reclassified:

“Can a digital asset originally sold in a securities offering eventually be sold in something other than a security? How about cases when there’s no longer a company? I believe in those cases answer is a qualified yes.”

According to SEC, cryptocurrencies that lack a centralized governing body and operate in a similar manner to commodities like Ethereum or Bitcoin are definitely not securities. Tokens sold in crowdsales that function as investments, however, unequivocally are. If a decentralized blockchain-based growth capital generation is to continue to thrive, a paradigm shift in the structure and execution of ICOs is essential.

Article Produced By
Sam Town

About Sam

Samuel is a freelance journalist, digital nomad, and crypto enthusiast based out of Bangkok, Thailand. As an avid observer of the rapidly evolving blockchain ecosystem he specializes in the FinTech sector, and when not writing explores the technological landscape of Southeast Asia.

https://cryptoslate.com/beyond-the-ico-part-2-regulation-breeds-specialization/

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Beyond the ICO Part 1: Adapt or Die

Beyond the ICO Part 1: Adapt or Die

The intoxicating, late 2017 cryptocurrency market run-up fired blockchain technology

and digital currencies directly into the nucleus of the global financial ecosystem–demanding the attention of regulators, speculators and innovators. The culmination of the blockchain led to the widespread realization that virtually everything could be decentralized including the creation and funding of blockchain platforms themselves.

Thus, the year of the initial coin offering (ICO) was born, catalyzing a gold rush of ICOs that cumulatively generated more than $5.6 billion, an exponential increase over the mere $240 million raised the year prior. A loose regulatory environment paired with quixotic market sentiment led to a frenzy of token sales, spawning more than 900 individual offerings that ranged from highly successful to outright scams.

In this three-part series, CryptoSlate will assess the current state of the ICO ecosystem, analyze the regulatory shift that is making the “traditional” ICO model untenable and take a look beyond the ICO at the future of a decentralized capital generation.

The End of the ‘Wild West’

The rapid development of blockchain-based crowdfunding has resulted in a series of successful platforms such as NEO, Storj and even Ethereum; however, the speed in which ICOs propelled into the international crypto market has made it nearly impossible for regulators to create nuanced, regulatory frameworks that are able to protect investors from scammers and fraudsters. The total lack of oversight within the ICO ecosystem has resulted in swift and furious action from regulatory bodies around the world, and with research hinting toward prolific fraud in the ICO market, countries like China and South Korea have completely banned ICOs. However, despite regulatory crackdowns and dwindling investor trust, ICOs have already generated $6.3 billion in 2018.

Statistics released by TokenData, however, reveal that 46 percent of the ICOs launched in 2017 have failed–suffering from economic asphyxiation, exit scams or condemned to development hell. With the SEC hinting toward further crackdowns on the ICO model, it’s becoming apparent that the window of opportunity in which entrepreneurs are able to generate hundreds of millions in unregulated startup capital is rapidly drawing to a close.

Exit Scams Keep Happening

Data published in July by ICO advisory firm SATIS Group also reveals high levels of fraud present in the ICO industry. In addition, the Wall Street Journal has previously reported statistics that indicate up to 20 percent of all ICOs are fraudulent in nature; however, STATIS maintains that nearly 80 percent of ICOs can be classified as “scams.” In 2018 alone, the cryptocurrency community has been rocked by a score of ICO exit scams that have separated investors from more than half a billion dollars in invested capital. For example, the Vietnamese cryptocurrency platform Modern Tech launched an ICO called “Pincoin” that defrauded investors of nearly $660 million in April.

More recently, the ACChain project allegedly executed an exit scam, vacating offices and taking off with more than $60 million in investor capital. With investors warier than ever before, and regulators poised to take drastic action, the ICO model as it existed in 2017 is dying. However, the future of decentralized startup capital generation is, indeed, bright. In part two of CryptoSlate’s “Beyond the ICO” series, we’ll examine the regulatory response to the ICO crisis and how regulators plan to address growing concerns regarding unregulated crowdfunding events.

Article Produced By
Sam Town

About Sam

Samuel is a freelance journalist, digital nomad, and crypto enthusiast based out of Bangkok, Thailand. As an avid observer of the rapidly evolving blockchain ecosystem he specializes in the FinTech sector, and when not writing explores the technological landscape of Southeast Asia.

https://cryptoslate.com/beyond-the-ico-part-1-adapt-or-die/

TP

The Ledger: Free Money in the Age of Airdrops

The Ledger: Free Money in the Age of Airdrops

 

 

Nothing in life is free. Or is it?

A blockchain project called Dfinity this week announced it will give away $35 million worth of digital tokens. The recipients can wait to use the tokens on Dfinity’s network—which the company is touting as a “Cloud 3.0″—or, as many will do, they can slip them to speculators and cash out in real money.

Welcome to the age of “airdrops,” where entrepreneurs disperse crypto coins to prospective users for no cost. The tactic has come to be seen as the most viable way for blockchain projects to get off the ground. They’re like the Initial Coin Offerings that were all the rage last year but, instead of selling digital tokens, the project’s masterminds simply give them away. In addition to Dfinity, there are murmurs the journalism-on-a-blockchain project Civil and Everipedia, a would-be competitor to Wikipedia, will soon conduct airdrops of their own.

It’s not hard to see the strategy here. In the wake of the fraud-a-palooza that accompanied many of last year’s ICOs, regulators are set to pounce on any outfit that starts selling tokens to the good people of the Internet. That’s why just giving the tokens away feels like a safer strategy. While it doesn’t bring the same cash windfall, it creates an opportunity to sell reserve tokens on the secondary market. Of equal importance, airdrops offer a way for blockchain projects to distribute tokens far and wide, and build up the network effects that are essential for success.

A harder question is whether the airdrops are legal. The answer, according to attorneys familiar with securities law, can be summed up as “not really.” Under the first prong of the legal test for determining whether something is a security (and must be registered with the SEC), regulators will look at whether there has been an investment of money—a term that is much broader than just cash. “There’s a line of cases saying it’s not limited to money. It can be something of value, or goods or services. From the SEC’s perspective, the [token recipient] might be giving the issuer something of value by becoming part of network,” said Sam Waldon, an attorney with the firm Proskauer.

And according to Blake Estes of Alston & Bird, the SEC has frowned in the past on companies’ attempts to juice investor interest through giveaways. In 1999, for instance, the agency cracked down on firms offering “free stock” as a way to attract investors to Internet ventures. The SEC itself hasn’t specifically addressed airdrops but, based on recent comments from the agency’s Chairman Jay Clayton, any U.S. venture dabbling in tokens had better tread carefully. All of this puts blockchain projects in a bind: If they can’t sell or even give away their tokens, how can they get any traction? In the case of Dfinity, the company found a workaround by firmly excluding U.S. citizens from its airdrop.

But excluding Americans may not be a viable option for the likes of Civil, whose blockchain journalism project is focused squarely on U.S. towns and cities. The project now faces a dilemma: Tokens are essential to its success and, for now, the group has no easy way to distribute those tokens to its target audience. The upshot is the SEC’s recent crackdown is helping to shield gullible investors from token scams, but it could also hurt U.S. blockchain innovation if legitimate projects have no way of getting off the ground. Here’s hoping the agency’s gnomes are hard at work creating a safe harbor of sorts that will let U.S. companies and consumers join the age of airdrops. Or else that precious cargo will only end up in foreign hands.

Article Produced By
Robert Hackett
Jeff John Roberts
Jen Wieczner

http://fortune.com/2018/06/01/crypto-free-money-airdrops/

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Study: ICO Market Doubled Since Last Year Shows Increased Institutional Investment

Study: ICO Market Doubled Since Last Year, Shows Increased Institutional Investment

The Initial Coin Offering (ICO) market has more than doubled in a year

according to ICORating’s ICO market report for the the second quarter of 2018, published August 8. ICORating is an independent rating agency that conducts independent analytical research evaluating ICOs and the ICO market. According to the report, ICOs in 2018 have already raised over $11 billion in investments, a figure which it purports is ten times larger than the sum of investments from ICOs in Q1-2 2017. ICORating reports that in Q2 2018, 827 projects raised over $8 billion in funding, compared to $3.3 billion in Q1 2018, representing a 151 percent increase overall. The report notes:

“Funds raised by EOS project account for most of this increase, they have collected $4,197,956,135 for a year-long ICO.” Per ICORating, Europe has become a leader, launching 46 percent of all projects, while North America is leading in investment, collecting 64.67 percent of attracted funding. The reports adds: “Asia-based projects showed an increase in funds raised (+20%), but a decrease in the number of projects launched (–40%).” Institutional capital in ICO markets has increased, while the report notes a “continued decline in the number of retail investors.” According to the study, this results in an environment in which project requirements increase, while the amount of funds raised during ICOs increasingly becomes dependent on “how well projects cooperate with investment funds.”

The top 10 industries by funds raised were led by financial services, blockchain infrastructure, and banking and payments, which collectively represent over $1 billion in raised assets. Financial services led all other industries both in the amount of funds attracted, and the number of projects. In July, analysts associated with the Crypto Finance Conference revealed that the “most favorable” countries for ICOs were the U.S., Switzerland, and Singapore. Researchers based the rankings on publicly available data of the top 100 ICOs by country in terms of funds raised and ranked them by number of projects launched.

Article Produced By
Max Yakubowski

Max Yakubowski has a Ph.D. in Linguistics and Anthropology, with a focus in innovative technology and its cultural and social influence. He joins Cointelegraph after working as a freelance copywriter and blogger.

https://cointelegraph.com/news/study-ico-market-doubled-since-last-year-shows-increased-institutional-investment

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3 Crypto Airdrops in Q3 2018 You Should Know About

3 Crypto Airdrops in Q3 2018 You Should Know About

As the general public’s interest in cryptocurrency has waned

since the beginning of 2018, there’s been a considerable amount of work put into blockchain technology across the board. New coins are being released into a bear market while the most enthusiastic “cryptoheads” are scouring the web for new blockchain projects and explosive ROIs. An increasingly popular method for marketing new cryptocurrencies is what’s known as an airdrop. While it’s a great way for investors to make “free” money, not all airdrops are created equally. We’ve pulled a few out of the fog offering the best reward-to-effort ratios. It’s worth noting the projects listed below were not evaluated as long-term holds. If you’re looking for ways to get into the consolidating crypto-sphere without sacrificing chunks of your paycheck, then airdrops are your friend.

                                                       FXPay (FXP)

                                                               

                                                                      What is FXPay?

FXPay is setting out to upgrade current Forex systems with blockchain technology, creating cheaper and faster transactions for banks, liquidity providers, brokers, and traders. For those who don’t know, Forex is shorthand term for the Foreign Exchange, which is a marketplace for trading international currencies. It’s similar to cryptocurrency in the sense that it’s electronically decentralized and deals directly with trading currencies. The Forex market is massive, seeing US$5.4 trillion in daily transactions. In comparison, the crypto market sees less than US$5 billion each day. When such a massive industry is forced to deal with a variety of international institutions and individual traders, there’s bound to be inadequacies built into the process.

There are 3 main issues outlined in the FXPay whitepaper that the Forex market currently faces. First on the list is “the fees incurred by the trader, broker, and liquidity provider when withdrawing and depositing funds.” Second, there’s a lack of consistency regarding said fees, and it stems from a “lack of standardization” in the Forex space overall. Lastly, the process of exchanging currencies is complex and can last multiple days in this space. By introducing blockchain technology to the Forex market, FXPay will offer traders and brokers low, stable fees with near-instant transaction times. This in-turn will increase profit margins and decrease costs, causing more money to enter the market with a lower barrier to entry.

How to Participate

To participate, you’ll need to create an account with Telegram. Next, you’ll complete the entire process by interacting with the FXPay Telegram Bot. The bot is easy to work with and you can check your balance as you go. The tasks are listed within the interactive chat and you can always get human help in the community channel.

Completing the entire task list means you’ll earn 31 FXP, which has an estimated value of $50. FXP is an ERC-20 token, so make sure your ETH wallet is ERC-20 compatible. After entering your ETH address in the Telegram bot, you’ll want to add the FXP token to your wallet. For that, you’ll need the following information:

                                                                   BigBang Token (BBT)

 

                                                           

                                                              What is BigBang Token?

BigBang Token is the utility token that will be used for the loyalty program in the Bing Bang Platform. BingBang has created an entire ecosystem in the online casino and eSports industry, which is estimated to reach a volume of almost US$52 billion by the end of 2018. Since the advent of internet gaming, the market has seen tremendous growth while sustaining its fair share of growing pains.

The online gambling industry is currently facing limited transparency and regulation. This leaves little insight into gamer’s behaviour, which stifles the encouragement of positive standards and reported abuse. Since companies are often forced to outsource necessary infrastructure to countries with more lenient gambling laws, the result is a scattered and stigmatized industry operating in and out of a so-called “grey marketplace.”

By introducing a decentralized, public ledger to the space, there would be an instant increase in trust and transparency between actors. This increase in trust would naturally allow the system to self-regulate under the light of open public inspection. Since the current industry is spread out amongst different operators, insight is limited. With a decentralized platform allowing an array of operators, gamers could trust their loyalty points will transfer between different games. It’s akin to a franchise casino company offering a variety of games and locations while using the same chips.

How to Participate

Participating in the BigBang Token airdrop is fairly straightforward. There’s a list of social media accounts they’ll ask you to follow or like. It differs from the other airdrops in this article because all tasks are required to receive your tokens. It’s an all-or-nothing event. After completing 6 social media-related tasks, participants will be required to fill out a form with their account names and ETH address. This is an ERC-20 token so make sure your ETH wallet is compatible. After completing the tasks, you’ll have made a quick $75 worth of BBT.

                                                      HireVibes (HVT)

                                                                 

                                                                      What is HireVibes?

HireVibes is what happens when you put headhunters on the blockchain. The company plans to build a dapp that serves as an alternative to the traditional recruitment agency business model. Instead of relying on specialized recruitment agencies, HireVibes will create communities that empower crowdsourcing employment. The idea is that a crowd of people with an incentivized recruitment platform is more effective than whatever an individual recruiter can offer.

The HireVibes dapp allows businesses to pay their employees with cryptocurrency while saving money throughout their hiring process. In the case of a successful hire, employers are charged 7.5% of the job’s pay. Jobseekers are incentivized to find a job with the dapp because after being hired successfully, they’ll receive a 5% bonus in HireVibe Tokens (HVT) on top of their pay. Of the 5% HVT bonus, 1% is reserved as a donation amount to be allocated toward projects of the new hires’ choice.

What’s cool about the HireVibes process is that the 5% awarded to new hires is redistributed from the 7.5% charged to employers after a certain period of time (depending on the type of hire). If the jobseeker applies directly for the job and succeeds, they’ll see a 4% bonus in HVT with 1% being devoted to their donation fund. If the jobseeker is referred to the job by a recruiter in the crowd, 2% goes to the jobseeker, 2% goes to the recruiter, and 1% is devoted to the donation fund.

How to Participate

HireVibes was included in this article in order to address the interesting realm that is EOS airdrops. The dapp will be released using EOS.IO blockchain software and it’s not alone. The process for participating in EOS airdrops is unlike the two airdrops mentioned above. If you’re looking to get involved, you’ll need to have a minimum amount of EOS (usually 100 tokens) stored in a registered wallet. The more EOS you hold, the more HVT you’ll receive. The exact ratio hasn’t been announced and neither has the snapshot date. With a total token supply of 350 million, 71.4% (250 million) will be distributed via airdrop. To stay up to date on HireVibes, check out their website and stay tuned for new articles dropped on their Steemit page.

Article Produced By
Matt Laxen

Matt is a copywriter and community manager working full-time in the cryptocurrency space, fascinated by the implications blockchain technology holds for individuals worldwide. When he's not writing in coffee shops overseas, he's probably making music, snowboarding, lifting weights, or on his way to the lake.

https://www.investinblockchain.com/crypto-airdrops-q3-2018/

TP

A 153 million ICO in action

A $153 million ICO in action

One of the largest-ever ICOs was a project known as Bancor

which raised $153 million in around three hours. The digital coin issued is called the Bancor network token (BNT) and it was built on the Ethereum platform. A key aspect of Ethereum is the so-called smart contract functionality. Smart contracts are contracts that automatically execute when certain conditions are met from all interested parties. The automation can help to speed the process up, ensuring no mistakes along the way.

Bancor is creating a product that rivals cryptocurrency exchanges based on smart contracts. An exchange matches buyers and sellers and essentially acts as a middleman. But, Bancor’s network allows users to convert one cryptocurrency into another with low conversion costs and without fears of low liquidity. It automatically balances supply and demand and works out the correct conversion price of one coin into another.

It does this through what it calls “smart tokens” which can be generated through the Bancor network. These smart tokens or digital coins hold one or more other cryptocurrencies in reserve which means that it can always be traded. For example, if there was a digital coin that only had a few thousand users, it would be difficult to trade as there would not be a large pool of people wanting to buy and sell it. But if that digital token had a popular and large reserve cryptocurrency like ether then there would always be liquidity to trade. But ICOs are not flawless. As a result of the large demand for BNT, the Ethereum network became congested during the coin offering last year, leading to delays for buyers. CNBC spoke to Galia Benartzi, the co-founder of Bancor, and asked her about the ICO process and the company’s ambitions .

Why was an ICO the right route to go down?

At Bancor we believe the term ICO is actually a misnomer because it implies a similarity to an IPO. ICOs, or as we prefer to call them "Token Generation Events" (TGEs), are fundamentally different than IPOs in that an IPO is conducted by a mature company with a live product and revenue, while a TGE represents the birth of a new currency which powers a network.

We decided to launch a TGE because we had a design for a promising token — BNT, which could connect many tokens into a network — the Bancor Network — and make them instantly interchangeable, without needing to match buyers and sellers, without relying on volume or market makers, and without fees or barriers to listing. During the TGE, more than 10,000 users contributed to the project by purchasing BNT. These 10,000 BNT holders instantly seeded the network in a way that no traditional launch would have been able to do. This momentum is essential for a network's growth and a TGE allowed us to create alignment with early adopters in a way that increases the network's chance of success.

What have you learned along the process?

The industry has matured a great deal since Bancor held its TGE in June, 2017 and yet still has a tremendous way to go. We are learning more every day than ever seemed possible, as seemingly disparate fields from economics, history, psychology, system design, network effects, finance, law, ethics, sustainability and others converge in the blockchain space. Some of the main learnings are actually in areas that the Bancor Protocol aims to shed light on. For example, in today's ecosystem, one of the main jobs of a token issuer is to plan for its liquidity, via costly exchange listings and market makers. We hope that in the future, token creator's will be able to focus on their networks, products and users, when liquidity is fair and free for all.

Where are you in the development of the network?

We are aiming to make cryptocurrencies accessible to a wide array of users, including those who are brand new to crypto. To this end, we launched the Bancor Wallet which allows users to log in from any mobile device or social messaging account (Telegram, WeChat, Messenger or SMS) and instantly buy and sell more than 100 tokens, without having to be matched in an exchange to a buyer or seller.

What will your tokens be used for?

All tokens on the Bancor Network hold an amount of BNT (Bancor’s Network Token) in their smart contracts. This links together each token in the Bancor Network, allowing tokens to be instantly interchangeable for one another at continuously calculated rates. As users buy BNT (or any token in the Bancor Network), it increases the liquidity of each token in relation to the others, creating more predictable and efficient token conversions for all users of the network. BNT is the hub network token for a decentralized global liquidity network that allows anyone to launch a viable currency with continuous liquidity based on its actual usage.

Article Produced By
CNBC

https://www.cnbc.com/2018/07/13/initial-coin-offering-ico-what-are-they-how-do-they-work.html

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What is airdrop coin? Don’t miss a single coin airdrop

What is airdrop coin? Don’t miss a single coin airdrop!

                  

On this airdrop site, you’ll find all the latest crypto airdrops to create money from thin air.

Maybe not thin air. But without spending a dime! Because these days you can find dozens of active crypto airdrops at the same time. And tons of people, like you, are looking to get themselves some free cryptocoins and free tokens. So I decided to aggregate all the coin airdrop info I could find out there. And put them all on this crypto airdrop alert site for you to enjoy!

What is a crypto airdrop? What is airdrop coin?

First of all, let’s focus on the airdrop cryptocurrency meaning. What does airdrop mean? Maybe you’re a newbie in the crypto world. And it’s better to know what you’re dealing with… So, a crypto airdrop, coin airdrop or cryptocurrency airdrop, is a limited time event created by coin projects to promote their crypto-currencies. How? By distributing tokens or coins to early adopters, for free. In other terms, projects airdrop coin.

While there aren’t many requirements to get free airdrop coins 2018, you may have to work a little (create a post, like a page etc.). Or even to share some personal information (share your Facebook profile or give access to your contact list). Also you may need to be active in the crypto-community. Indeed, some crypto-airdrops are restricted and noobs can’t get in…

In addition, you may require some coins from a specified blockchain in your wallet. Most likely for bitcoin airdrop or ethereum drop, because they’re the most popular out there. But a free coin airdrop can be done on any blockchain. However, ethereum is dominating the cryptocurrency giveaway industry, with their ERC20 and ERC223 tokens. And that’s very convenient, to have all your airdrop coins in the same wallet! Here are all the listed ethereum airdrops.

And this brings me to the best part: You can receive free cryptocoins anytime, without even knowing about it! Indeed, some platforms give away tokens to people holding some of their coins, just like that. Therefore, I’d recommend you to hold a little bit of the most popular coins in your portfolio. And enjoy as many freebies as possible! Also, don’t worry too much about the requirements now. Because I’m not only offering a crypto airdrop tracker, with a list of airdrops. But I’ll also explain how to get free tokens for all upcoming airdrops!

Why do people give away free coins via airdrop cryptocurrency?

Now you know what is airdrop coin. But why would projects give away free cryptocurrency air drop? A coinairdrop is a win-win situation: On one hand, you get free tokens crypto which could worth something in the future. And on the other hand, blockchain projects raise awareness for their crypto-projects during their ico airdrop.

Because it’s free advertising for them, giving away tokens that are worth next to nothing. And that way, they’re able to create a community around their coin. Indeed, if you give someone a coin, he or she’ll likely get involved, to get some money out of it. Also, giving away some tokens cause the new currency to appreciate. Because if you have a token, you’re inclined to give it more value than if you hadn’t heard of it.

Furthermore, it’s a mean to create a customer database for a cheap price. And I don’t need to remind you the saying: If you’re not paying for it, you’re the product! Because these projects collect all the data they can in exchange of a few worthless tokens… Finally, it seems there’s a new trend of digital currencies which don’t require mining coins. And this is an interesting concept, when we see how much energy and computer power is needed to mine bitcoins. So users don’t mine coins, they generate them during a Token Generation Event (TGE). And sometimes projects distribute all their tokens during a crypto airdrop campaign!

Coin airdrop: How does an airdrop cryptocurrency work?

Coin-airdrops are a brand new method to distribute free tokens in the cryptocurrency community. As a result, there isn’t any standard set of rules yet. And each blockchain team can request whatever they want from their backers. But always beware of scammers! Legit coin airdrops will never require you to share your private keys. And if you find one that does, please report it to the community. Because unscrupulous people are definitely behind it. While I’ll give you as much details as possible for each coin airdrop, you may have to get in touch with the developer directly.

If you need specific coins during a cryptocurrency airdrop, the dev team will make a photo of the corresponding blockchain. And only the people holding the crypto-currency in their wallet at that time will be able to get the free tokens crypto. While you may get the tokens automatically, you may also be requested to claim airdrop tokens on the project’s website. If the free coin airdrop is linked to a social media network, you’ll have to share or retweet a post with a link of the project. And you may need a certain amount of followers to be eligible… Also, some teams request an access to your contact details and list of friends!

I received airdropped coins: What next?

You’re all excited because you got some free cryptocoins. But what now? Are you a millionaire yet? Not really… And after a coin airdrop, there’s nothing much to do. Because nobody has heard of the new crypto-currency… And it’s not even available in any exchange, yet. While you can exchange coins with other early adopters, your solutions are too limited. And despite the value the project announces, it’s really worth nothing.

But don’t despair yet. Because it becomes interesting when the new crypto arrives in the exchanges. And that’s when you know the real price of what you received. However, most backers usually want to sell their coins, to get “real” money. So the price may not be up to your expectations… Anyway, you don’t have to sell your free cryptocoins, you can hold them for a later use.

How to keep your new free cryptocoins safe?

First of all, you need a wallet, to be able to receive, hold and send the newly minted crypto. While you can find many web-based wallets, a.k.a. hot wallets, I recommend you to use a hardware wallet. Trezor is the original and most secure cold wallet. And it’s compatible with most crypto airdrop free tokens! And you must keep secret your private keys to your coins & tokens. Otherwise they’re not yours. Period. While you can share your crypto address, you must never share your private key! If you do, you can say goodbye to your coins.

Article Produced By
Coin AirDrops

On this airdrop site, you’ll find all the latest crypto airdrops to create money from thin air. Maybe not thin air. But without spending a dime! Because these days you can find dozens of active crypto airdrops at the same time. And tons of people, like you, are looking to get themselves some free cryptocoins and free tokens.

https://coinairdrops.com/

 

TP

ICOs Legality scams and dangers

ICOs Legality, scams and dangers

With any new technology, particularly where large amounts of money is involved,

there will be scrutiny from regulators and scams. ICOs have seen both. But the new nature of these digital token issuances has meant that the regulatory landscape globally is fragmented with each country looking at ICOs in different ways.

Are ICOs legal?

The short answer: it depends where you are. It’ll be hard to go through every single country in the world, but let’s look at the major markets. China, which was once a prolific market for cryptocurrencies, has come down hard on the industry. Last year, the People's Bank of China declared ICOs as illegal, warning people of the risks involved in investing in them. Shortly after, South Korea followed, banning raising money through virtual currencies. In the United States, there are no specific regulations for ICOs, but depending on how the digital coin is classed, it may fall under the jurisdiction of the Securities and Exchange Commission (SEC). The regulator is in charge of overseeing trading in various financial products. If the SEC deems that a coin is a “security,” then the company behind it may have to register with the regulator.

The SEC has been very vocal however on warning people about the dangers of investing in ICOs. “As with any other type of potential investment, if a promoter guarantees returns, if an opportunity sounds too good to be true, or if you are pressured to act quickly, please exercise extreme caution and be aware of the risk that your investment may be lost,” the SEC says on its website. The watchdog also issued a warning last year to celebrities who endorse ICOs saying that they may need to disclose information about the relationship with the company if the digital coin is deemed to be a security.

Elsewhere, in Europe, the European Securities and Markets Authority (ESMA) released guidance on ICOs last year. The regulator said that ICOs that qualify as financial instruments could fall under the relevant laws to do with anti-money laundering or investment legislati Some countries are attempting to actually create new rules in order to bring ICOs into the regulatory fold. For example, the government in Malta recently approved three new bills related to cryptocurrencies and blockchain technology. One of those new laws aims to bring a regulatory regime to ICOs.

Similarly, in Abu Dhabi, the capital of the United Arab Emirates, the regulator has published guidelines on launching ICOs. Under the guidelines, companies wishing to execute an ICO must approach the Financial Services Regulatory Authority to see whether it will fall under the body's regulation. Companies will also have to publish a prospectus, just like a firm would for an initial public offering (IPO) on the stock market. Any market intermediaries, or secondary market operators dealing with ICOs must be approved by the FSRA.

“If you put a regulator’s lens on, regulators are saying ‘oh my gosh there is a concentration of crypto capital that is in these ICOs, these people aren’t in the financial system, what is happening to the money’,” Lawrence Wintermeyer, a principal at advisory business Capstone, told CNBC. “There is a huge concern retail people might be exposed to this.” Many countries are looking into how to regulate ICOs but there’s clearly a disparity around the world. The lack of regulation however is a factor behind major scams — one of the biggest issues right now with ICOs.

Scams and dangers

Investing in ICOs is risky business for a number of reasons. Often people are putting money into products that don’t exist yet. While this may not sound too dissimilar to say very early stage investing in other start-ups, the people placing bets on ICOs are usually unsophisticated investors. These projects have high failure rates too. Already, hundreds of coins are dead, meaning the projects behind them were scams, a joke or didn’t materialize. Dead Coins is a website that lists all the cryptocurrencies that fall into those categories. So far, it has identified just over 800 digital tokens that it considers dead. These coins are worthless and trade at less than 1 cent.

And because of the lack of regulation, scams are rife in the industry. One example uncovered by CNBC earlier this year was a project called Giza which claimed to be developing a super-secure device that would allow people to store cryptocurrencies. Scammers in this case managed to raise more than $2 million in an ICO, and eventually run off with the funds without delivering any product. A bad actor or actors used a fake LinkedIn profile and copied pictures from another user's Instagram to create a false persona — and successfully drew more than 1,000 investors into the ICO project.“Are there fraudulent projects? Yes. Are there ill conceived sales that have not thought through potential regulatory issues? Yes. Are there poor projects that will ultimately fail? Naturally.”

Investors are still trying to get their money back but because of the lack of regulation, there is very little consumer protection in the space. Another high-profile scam involved a company called Centra Tech Inc. It was an ICO backed by champion boxer Floyd Mayweather. The U.S. Securities and Exchange Commission (SEC) charged the founders with carrying out a fraudulent ICO. Even successful ICOs have their problems. Bancor, whose coin offering we detailed above, suffered a security breach that saw $13.5 million worth of digital tokens stolen. Many experts in the field however have predicted that ICOs are here to stay and that they will become professional.

“Are there fraudulent projects? Yes. Are there ill-conceived sales that have not thought through potential regulatory issues? Yes. Are there poor projects that will ultimately fail? Naturally. However, amongst these there are many, many deeply innovative projects amongst which a handful will be gamechangers,” Richard Muirhead, founding partner at Fabric Ventures, an investment fund focused on blockchain projects, told CNBC. “If 2017 was the year of ICO hype, then 2018-2020 will be the years of decentralized networks development which will be focused on shipping working code and building communities.”

Article Produced By
CNBS

https://www.cnbc.com/2018/07/13/initial-coin-offering-ico-what-are-they-how-do-they-work.html

TP

Markethive: Bringing Universal Income For Entrepreneurs

Markethive: Bringing Universal Income For Entrepreneurs

 

The Marketive path and journey is what I believe in and support, and as such has become my driving force pertaining to everything I do at this point in time. It is a mission I support 100% that's based upon a lifelong vision of CEO and Founder, Thomas Prendergast … having been in beta testing now for the past 4 years, Markethive is now on the verge of rising up, with their primary mission being to build a UNIVERSAL INCOME which will support the efforts of entrepreneurs in building their business(es) and their dreams.

Markethive's Rising Up is Part of the New Revolution.
Our company's foundation is built upon 27 years of proven technology, merging with the blockchain. This will result in a fleet of money machines driving the basic platforms, creating a collaborative entrepreneurial ecosystem and community wherein the members and subscribers will have the ability to achieve substantial, sustainable, livable incomes, not just in the short term, but for generations to come. 

Because that is what Markethive is, a true revolution for those among the rank and file, those who aspire to create and be a part of something bigger than they are, mothers and fathers and even families who struggle to turn their dreams into realities.

We are not launching an ICO, but we could. You are invited to come to our weekend webinars to find out exactly what we are doing. As of now, we currently have a total of 4 webinars scheduled: 2 on Saturdays, and 2 on Sundays, all addressing different subjects. I highly encourage you to attend, because what we are about to launch could truly contribute to you becoming very wealthy.

We are Markethive, and we will be making huge waves in the not-too-distant future.


#1 Webinar:
Saturday: 
9am Pacific, 10am Mountain, 11am Central, noon Eastern, 1pm Atlantic

Description: BUILD MASSIVE MARKETING REACH
Join the CEO, Thomas Prendergast and Steven Cavan, Reach Engineer
An important workshop as we build out a reach into the millions worldwide.
Watch, listen, learn and ask in a real live production environment. 

https://www.ivocalize.net/#room/CryptoHive


We will also be revealing the details of our upcoming Airdrop and how that can accelerate your business and literally create a fortune for you, plus how this all ties into Markethive bringing “Universal Income” to entrepreneurs. You will be fascinated as to how hemp power plays into Markethive building a huge flotilla of internationally sovereign "money machines" (hives), along with how all this will drive Markethive into the top ten Crypto Currencies and the number one "Social" Market Network in the world … these may sound like somewhat impossible dreams, but we have in place what's needed to achieve these goals, and besides — there is nothing wrong with dreaming BIG and aiming as high as is possible.



#2 Webinar:
Saturday:
5pm Pacific, 6pm Mountain, 7pm Central, 8pm Eastern, 9pm Atlantic

Description: CATCHING ASSOCIATES — "ENTREPRENEUR UPGRADE" REPORT
Join the CEO, Thomas Prendergast to learn how to guarantee associate signups via your Profile Page and using the Markethive Capture Page System.
https://www.ivocalize.net/#room/CryptoHive


#3 Webinar:
Sunday:
8am Pacific, 9am Mountain, 10am Central, 11am Eastern, noon Atlantic

Description: THE NEW MARKETHIVE ECONOMY — MILLIONAIRES WILL BE MADE
Join the Markethive CEO and Crypto Expert, Thomas Prendergast.
Free Bitcoin, join the revolution.

https://www.ivocalize.net/#room/CryptoHive


#4 Webinar:
Sunday:
3pm Pacific, 4pm Mountain, 5pm Central, 6pm Eastern, 7pm Atlantic

Description: MARKETHIVE LAUNCH UPDATES
Description: Join the CEO of Markethive, Thomas Prendergast, to discuss the current 
projects, projections and the coming revolution of the Hive.

https://www.ivocalize.net/#room/CryptoHive


Our new engineering organization with over 200 engineers is run by David Hickman, a long-time friend of one of our Markethive Founders, Douglas Yates, and this single factor is the tipping point for Markethive’s rise to prominence in the market. We have already addressed and updated many aspects of Markethive already, and as we speak, all the unfinished projects in Development are being completed and made ready to upgrade into Production. Buckle up brothers and sisters, because Markethive is about to take over the world, and predicted to truly be history in the making. I know, I am a big thinker and dreamer, always have been, always will be … but I can say with certainty that this is truly a mission and an ordained vision whose time is NOW, having personally known Thomas Prendergast and witnessing the progression and evolution that has taken place over the past 25+ years.



Thomas Prendergast, CEO and Douglas Yates, CTO will also be revealing, discussing and displaying progress on many important projects, such as our Markethive.io site and White Paper’s headway as it is being completed, our plans and projections, why we choose to fund via an ILP instead of an ICO, as well as our Infographics, videos and other presentation materials and resources focused upon the entire workings of Markethive, current systems, proposed as well as in-development systems. This is going to be a big event you should not want to miss.


See you there, and if you wish to get a FREE hands-on, no cost sneak peek, and no obligation "test drive" of the Markethive platform, you can register here and see it all from the inside. See for yourself what all the "buzz" is about:

http://marketive.tv

Also, find out just how you can participate in the upcoming Airdrop and get FREE coins, and take part in our Universal Income project, where we pay generous financial incentives, bonuses and matching bonuses to those helping us to spread the news about Markethive, far and wide. Plus, as if that isn't enough, we pay people to "engage" within the system itself, literally paying participants to earn while they learn from some of the best mentors and coaches around. The education alone that is being offered is priceless, which will teach anyone determined to learn how to be an expert online marketer, with the ability to grow any type of business. Add to that the financial rewards we give to those who take advantage of the training and guidance, and it just doesn't get any better than this.

I do, however, suggest you stay closely tuned in for all the latest, as there is so much more on the horizon that is yet to be revealed. 

TP