Join me @ IBOtoolbox for free.
Chuck Reynolds
Member Since: 12/6/2012
  
performance / stats
Country: United States
Likes Received: 1541
Featured Member: 0 times
Associates: 2309
Wall Posts: 1803
Comments Made: 1396
Press Releases: 1775
Videos: 1
Phone: 559-474-4614
Skype:     chuck212
profile visitor stats
TODAY: 207
THIS MONTH: 3380
TOTAL: 367636
are we ibo associates?
recent videos
active associates
Dorothy Allen    
Last logged on: 2/16/2019


Erika Szanto     
Last logged on: 2/16/2019


Blessing Nicolas    
Last logged on: 2/16/2019


Robert Coaster    
Last logged on: 2/16/2019


Tony Koker     
Last logged on: 2/16/2019


Alicia Tolbert    
Last logged on: 2/16/2019


Liaquat Ali Mirani    
Last logged on: 2/16/2019


Evelyn Burns    
Last logged on: 2/16/2019


Seun Ade    
Last logged on: 2/16/2019


Craig Barmore    
Last logged on: 2/16/2019


Helen Wix    
Last logged on: 2/16/2019


Curtiss Martin    
Last logged on: 2/16/2019


Sherrod Lowe    
Last logged on: 2/16/2019


Mori Webster    
Last logged on: 2/16/2019


Johan Miller    
Last logged on: 2/16/2019


other ibo platforms











Chuck Reynolds   My Press Releases

The Crypto World Airdrops.

Published on 12/3/2018
For additional information  Click Here

What are “Airdrops” in Crypto World?

Have you ever come across the term cryptocurrency airdrop

and wondered what it meant? Well, it’s nothing like the image you probably have in your head of an airplane dropping coins from the sky. In times of war, natural disaster, or other forms of crisis where the lives of people have been affected in places that are difficult to access by land, airdrops are carried out to provide essential supplies to people trapped in those zones. In the world of cryptocurrencies, airdrops have a different meaning. The cryptocurrency world has its own unique vocabulary which is expanding as the market evolves over time. In this article, cryptocurrency airdrops will be explained in detail.

Definition

Airdrops can be defined as the process whereby a cryptocurrency enterprise distributes cryptocurrency tokens to the wallets of some users free of charge. Airdrops are usually carried out by blockchain-based startups to bootstrap their cryptocurrency projects. Also, established blockchain-based enterprises like cryptocurrency exchange platforms and wallet services can also carry out airdrops as well.

Process Mechanism

There are basically two major types of airdrops; the ones that come as a surprise and the ones that are announced beforehand. For already established blockchain-based enterprises, they may choose to go the route of the former rather than the latter. Getting to know about it might depend on how involved one is in the crypto community. These are the types of airdrops that occur and have people commenting on online forums that their wallets have been credited with coins and no one is the wiser as to where the coins came from.

For blockchain-based startups, they mostly favor the route that involves pre-airdrop announcements to get the buzz going. Since the aim is mostly to bootstrap the project, the airdrop process usually involves the completion of a number of tasks by the user in order to qualify for the airdrop. When the date of the airdrop arrives, the enterprise will release the free tokens to the users who qualify.

Reasons for Carrying Out an Airdrop

To read more on this subject, please click the following link..

https://markethive.com/group/cryptocoin/blog/what-are-airdrops-in-crypto-world2

Member Note: To comment on this PR, simply click reply on the owners main post below.
-  Copyright 2016 IBOsocial  -            Part of the IBOtoolbox family of sites.