What is an Airdrop? - Crypto in Plain English – Episode 30 - by cryptohunt.it

What is an Airdrop? - Crypto in Plain English – Episode 30 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english.

Today, we explain airdrops.

It's quite literal - airdrops happen when owners of a token distribute it for free to a larger number of recipients.

But why would anyone do that? Well, there are several reasons. Let's dig in.

First, the owners of a token might simply want to get it into circulation. It is no good to them if nobody owns it, puts a price on it, and trades it.

Second, they might want to incentivize their community. Compound, a crypto lending platform, has recently given away a lot of their token supply to early active users, having made some quite rich in the process.

And third, it might be by design. Imagine you create a product and you want it to be owned and controlled by the users - you'd find a set of rules under which you airdrop all of it fairly.

And because airdrops can happen for any reason, we'll include an upcoming airdrops section on cryptohunt when we launch.

And next time: Another way to get free crypto - so called "faucets".

Disclaimer: This podcast references our opinion and is for information purposes only. It is not intended to be investment advice. Do your own research and seek a duly licensed professional for investment advice.

Jaksot(373)

The most expensive NFTs sold to this date - Crypto in Plain English – Episode 13 - by cryptohunt.it

The most expensive NFTs sold to this date - Crypto in Plain English – Episode 13 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: Let’s look at some examples of NFTs that sold for millions and speculate why. One to make main...

14 Loka 20211min

Are NFTs actually useful for artists? - Crypto in Plain English – Episode 12 - by cryptohunt.it

Are NFTs actually useful for artists? - Crypto in Plain English – Episode 12 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: Are NFTs just good for speculation, or are they a new way of helping artists? Last time we dis...

13 Loka 20211min

What makes NFTs so valuable? - Crypto in Plain English – Episode 11 - by cryptohunt.it

What makes NFTs so valuable? - Crypto in Plain English – Episode 11 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: Why people are spending millions of real dollars on NFTs. Last episode, we discussed what NFTs...

12 Loka 20211min

What is a NFT? - Crypto in Plain English – Episode 10 - by cryptohunt.it

What is a NFT? - Crypto in Plain English – Episode 10 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: An easy explanation of NFTs. To explain NFTs, let’s first remember how cryptocurrencies work: ...

11 Loka 20211min

What is a stable coin? - Crypto in Plain English – Episode 9 - by cryptohunt.it

What is a stable coin? - Crypto in Plain English – Episode 9 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: How crypto becomes usable with stable coins The biggest problem with making cryptocurrencies l...

11 Loka 20211min

How to get free Lizard coins into your Metamask - Crypto in Plain English – Episode 8 - by cryptohunt.it

How to get free Lizard coins into your Metamask - Crypto in Plain English – Episode 8 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: Put some Lizard Coin into your Metamask for free Now that you have Metamask installed, it’s ti...

7 Loka 20211min

Why you should know Metamask - Crypto in Plain English – Episode 7 - by cryptohunt.it

Why you should know Metamask - Crypto in Plain English – Episode 7 - by cryptohunt.it

CLICK HERE to learn more about crypto wallets through a FREE course by cryptohunt.it! 007 Why you should know Metamask Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. ...

6 Loka 20211min

Why you cannot counterfeit Bitcoin - Crypto in Plain English – Episode 6 - by cryptohunt.it

Why you cannot counterfeit Bitcoin - Crypto in Plain English – Episode 6 - by cryptohunt.it

Counterfeit currency has been around for as long as we’ve had money. The Secret Service was famously created to investigate paper money forgery. But with blockchains like Bitcoin, that is no longer ne...

5 Loka 20211min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
psykopodiaa-podcast
rss-rahapodi
ostan-asuntoja-podcast
rss-rahamania
herrasmieshakkerit
rahapuhetta
rss-laakispodi
rss-sisalto-kuntoon
rss-sami-miettinen-neuvottelija
leadcast
rss-lahtijat
rss-bisnesta-bebeja
rss-seuraava-potilas
sijoituspodi
rss-karon-grilli
rss-juurisyy-johtamisesta-kilpailuetua
rss-draivi
rss-johtoajatuksia