What are AirDrops exactly? - page 4.

Darkmachine

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Quote from: lite on February 09, 2018, 01:33:03 AM

Quote from: Darkmachine on February 09, 2018, 01:26:19 AM

Quote from: mk4 on February 09, 2018, 01:13:49 AM

It literally means what it is. They "airdrop" their coins/tokens to people who sort of sign up. Most of the time you just need to prove ownership of a bitcoin wallet and they give you a percentage depending on how much BTC you hold on that specific wallet. To prove ownership, you send them a specific amount of BTC or you can sign a message using your wallet[1] instead if you don't want to spend your BTC.

[1] https://medium.com/@TenX/mycelium-how-to-sign-a-message-with-a-bitcoin-address-87afdd0a5a0e

I heard it was "FREE" tokens that are given out?

Yeah, that's exactly what airdrop is "free" tokens! the site here(https://airdropalert.com) keeps track of available airdrops.

Why would someone issue free tokens? What would be the core use in this? Can you give me an example in a normal ICO or presale or whatever that one could involve using airdrops, and would it make the sale more attractive?

lite

legendary

Activity: 1400

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Quote from: Darkmachine on February 09, 2018, 01:26:19 AM

Quote from: mk4 on February 09, 2018, 01:13:49 AM

It literally means what it is. They "airdrop" their coins/tokens to people who sort of sign up. Most of the time you just need to prove ownership of a bitcoin wallet and they give you a percentage depending on how much BTC you hold on that specific wallet. To prove ownership, you send them a specific amount of BTC or you can sign a message using your wallet[1] instead if you don't want to spend your BTC.

[1] https://medium.com/@TenX/mycelium-how-to-sign-a-message-with-a-bitcoin-address-87afdd0a5a0e

I heard it was "FREE" tokens that are given out?

Yeah, that's exactly what airdrop is "free" tokens! the site here(https://airdropalert.com) keeps track of available airdrops.

Darkmachine

copper member

Activity: 42

Merit: 0

Quote from: mk4 on February 09, 2018, 01:13:49 AM

It literally means what it is. They "airdrop" their coins/tokens to people who sort of sign up. Most of the time you just need to prove ownership of a bitcoin wallet and they give you a percentage depending on how much BTC you hold on that specific wallet. To prove ownership, you send them a specific amount of BTC or you can sign a message using your wallet[1] instead if you don't want to spend your BTC.

[1] https://medium.com/@TenX/mycelium-how-to-sign-a-message-with-a-bitcoin-address-87afdd0a5a0e

I heard it was "FREE" tokens that are given out?

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

It literally means what it is. They "airdrop" their coins/tokens to people who sort of sign up. Most of the time you just need to prove ownership of a bitcoin wallet and they give you a percentage depending on how much BTC you hold on that specific wallet. To prove ownership, you send them a specific amount of BTC or you can sign a message using your wallet[1] instead if you don't want to spend your BTC.

[1] https://medium.com/@TenX/mycelium-how-to-sign-a-message-with-a-bitcoin-address-87afdd0a5a0e

Darkmachine

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Activity: 42

Merit: 0

I see a lot of ICO's doing AirDrops, or they say AirDrops are finished etc. Can someone give me an exact description and an example of what an AirDrop is exactly? What is the purpose of it during an ICO? Thanks!

Topic: What are AirDrops exactly? - page 4. (Read 410 times)