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Now I am surprised and literally don't understand why such an obvious FUD from Gembitz?
@Gembitz can you please explain what you mean with: "the "airdrop" was a bittrex insider phishing scam"?
I would like to hear both sides of the story before drawing final conclusions, such an ordinary human caution, forced by my experience
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Of course, thank you Jwinterm for fast answers and explanation. I would like to hear more details about this airdrop, like how long it was ongoing, who can participate, how much coins were distributed, when was the start and the end, and so on. That is why I asked for a source of information because I wanted to know more details.
I think decred's airdrop was the first or at least one of the first to be performed in the crypto universe.
It attracted many members who are still in the community today.
Many people said that as soon as the currency entered an exchange, the airdrop would be dumped by everyone and DCR would "die."
The opposite happened. Few sold, hype attracted a lot of people and decred was born with a strong community.
After that a large number of shitcoins created airdrops thinking the same thing would happen, but decred was unique.
DCR already had strong foundations even before it was launched. The dev team, btcsuite, roadmap, the "presence" of tacotime, etc.
The number of people involved seems little compared to what we see today, after the 2017's big run that brought millions of people into the crypto market, but at that time having almost 3,000 people participating in a currency before it was launched was a great number.
Some info from decred docs (
https://docs.decred.org/):
Airdrop
In total, 840,000 coins (50% of premine, 4% of total Decred supply), were distributed evenly across a list of airdrop participants.
Sign-up for the airdrop opened with a public announcement on December 15th, 2015 and closed on January 18th, 2016. Not all participants who signed up were selected to participate in the airdrop - Decred is fundamentally about technological progress, so the airdrop targeted individuals that have made contributions towards advancing technology in its various forms. There were also a large number of fraudulent sign-ups, which were carefully identified and dealt with.
When the airdrop concluded, 282.63795424 DCR was awarded to 2,972 participants.
Giving away these coins in an airdrop accomplished several things for the project: enlarging the Decred network, further helping to decentralize the distribution of coins, and getting coins into the hands of people who are interested in participating in the project. These coins were given away unconditionally and there was zero expectation of Decred receiving anything from the participants in return for these coins.
Airdrop Application and Review ProcessStep 1: Registration
Individuals could register their interest in participating in the airdrop by completing an online form which opened on December 15th, 2015 and closed on January 18th, 2016. The form required applicants to provide an email address, a link to an online personal profile, and a description of why the participant was interested in Decred or how they intended to contribute to the project. This form was submitted 8,793 times, with submissions coming from 99 different countries.
The applications included duplicates, spam and scammers. The applications were reviewed and problematic entries were disqualified from the process. The process of evaluation involved a combination of:
Checking each entry individually for an online presence
Asking the participant directly for more information where the evaluator was unsure about the entry, and/or
Having a discussion with the participant about their interests, history, and proposed future contributions to the project
Checks were also included to investigate similarity in IP addresses and e-mail addresses across entries - this process was performed both manually and using automation.
Step 2: Confirm Decred Address
Successful applicants from step 1 were sent an email providing instructions on how to download Decred binaries, generate an address, and submit the address through a web form to be included in the airdrop. Address submission closed on January 25th, and in total 3,244 addresses were submitted to the airdrop database.
Once all of the addresses were received, a final inspection was performed on the data provided by each candidate airdrop participant. This final and intensive review process worked as follows:
The sign-up information of each participant was compared with their confirmation information - not only for each user, but also for each user against all other users.
The process involved comparison of IP addresses, timestamps, and user agents at both the airdrop sign-up phase and the confirmation phase.
After the final review was completed, 2,972 addresses were included in the airdrop.
Airdrop Status Updates
06-Jan-2016 - Airdrop Status
https://forum.decred.org/threads/airdrop-status.121/16-Jan-2016 - Airdrop Conclusion and Road Ahead
https://forum.decred.org/threads/airdrop-conclusion-and-road-ahead.217/25-Jan-2016 - Airdrop Rundown
https://forum.decred.org/threads/airdrop-rundown.313/09-Feb-2016 - Final Airdrop Review Process
https://forum.decred.org/threads/final-airdrop-review-process.534/