yeah, cova x bitmax airdrop is truly a sure way to grab some decent COVA the team are working to ensure a lot of people get familiar with the project.
This airdrop is especially a nice idea when you consider that there are still only a small number of token holders since there was no public sale. The more people that hold (and care about) the tokens the better.
i honestly don't know why they choose to get listed without carrying out ICO i will have to ask this question in their AMA that is obviously next AMA
I think they already raised the right amount of funds they need for the project plus they got financial partners. Also. It’s not really a good market to have an ICO. Now everyone got an opportunity to get COVA tokens on huobi and BitMax.io
The main reason why they decided not to have a public ICO was due to regulatory concerns. Totally understandable when you see how the SEC is going after unregistered tokensales lately.