What is an Airdrop? - Crypto in Plain English – Episode 30 - by cryptohunt.it
Crypto in Plain English - by cryptohunt.it8 Marras 2021

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)

This new type of supercomputer will eventually break Bitcoin... and all kinds of other technology - Episode 341 - by cryptohunt.it

This new type of supercomputer will eventually break Bitcoin... and all kinds of other technology - Episode 341 - by cryptohunt.it

This new type of supercomputer will eventually break Bitcoin... and all kinds of other technology Welcome to the Cryptohunt Jam, where we spend a minute a day explaining what is happening in crypto an...

19 Tammi 20233min

Can Sam Bankman-Fried actually get a fair trial? - Episode 340 - by cryptohunt.it

Can Sam Bankman-Fried actually get a fair trial? - Episode 340 - by cryptohunt.it

Can Sam Bankman-Fried actually get a fair trial? Welcome to the Cryptohunt Jam, where we spend a minute a day explaining what is happening in crypto and other game-changing ideas. As always: In plain ...

18 Tammi 20232min

Amazon and Avalanche team up - Episode 339 - by cryptohunt.it

Amazon and Avalanche team up - Episode 339 - by cryptohunt.it

Amazon and Avalanche team up Welcome to the Cryptohunt Jam, where we spend a minute a day explaining what is happening in crypto and other game-changing ideas. As always: In plain English. AVAX, the c...

17 Tammi 20233min

SBF is blogging now - Episode 338 - by cryptohunt.it

SBF is blogging now - Episode 338 - by cryptohunt.it

SBF is blogging now It’s Monday, Jan 16th - Welcome to the Cryptohunt Jam, where we spend a minute a day explaining what is happening in crypto and other game-changing ideas. As always: In plain Engli...

16 Tammi 20233min

McDonalds is hungry for NFT attention - Episode 337 - by cryptohunt.it

McDonalds is hungry for NFT attention - Episode 337 - by cryptohunt.it

McDonalds is hungry for NFT attention It’s Friday, Jan 13th - Welcome to the Cryptohunt Jam, where we spend a minute a day explaining the intersection of exciting new technologies and your world. As a...

13 Tammi 20233min

What does Netflix have to do with NFTs? - Episode 336 - by cryptohunt.it

What does Netflix have to do with NFTs? - Episode 336 - by cryptohunt.it

What does Netflix have to do with NFTs? It’s Thursday, Jan 12th - Welcome to the Cryptohunt Jam, where we spend a minute a day explaining the intersection of exciting new technologies and your world. ...

12 Tammi 20233min

What's next for ChatGPT? - Episode 335 - by cryptohunt.it

What's next for ChatGPT? - Episode 335 - by cryptohunt.it

What's next for ChatGPT? It’s Wednesday, Jan 11th - Welcome to the Cryptohunt Jam, where we spend a minute a day explaining the intersection of exciting new technologies and your world. As always: In ...

11 Tammi 20233min

What is the Bonk token - Episode 334 - by cryptohunt.it

What is the Bonk token - Episode 334 - by cryptohunt.it

What is the Bonk token It’s Tuesday, Jan 10th - Welcome to the Cryptohunt Jam, where we spend a minute a day explaining the intersection of exciting new technologies and your world. As always: In plai...

10 Tammi 20232min

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