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.

Episoder(373)

Who is Jack Dorsey? - Crypto in Plain English - Episode 157 - by cryptohunt.it

Who is Jack Dorsey? - Crypto in Plain English - Episode 157 - by cryptohunt.it

Who is Jack Dorsey? Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today, let’s talk about another prominent person in the crypto space: Jack Dorsey...

4 Mai 20221min

Who is Gary Vee? - Crypto in Plain English - Episode 156 - by cryptohunt.it

Who is Gary Vee? - Crypto in Plain English - Episode 156 - by cryptohunt.it

Who is Gary Vee? Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. If you have been around crypto and NFTs, you might have heard of Gary Vaynerchuck, w...

3 Mai 20222min

Who is Charles Hoskinson? - Crypto in Plain English - Episode 155 - by cryptohunt.it

Who is Charles Hoskinson? - Crypto in Plain English - Episode 155 - by cryptohunt.it

Who is Charles Hoskinson Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. This episode is about Charles Hoskinson, who you may know as the founder of ...

2 Mai 20221min

Who is Gavin Wood? - Crypto in Plain English - Episode 154 - by cryptohunt.it

Who is Gavin Wood? - Crypto in Plain English - Episode 154 - by cryptohunt.it

Who is Gavin Wood? Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today, we want to introduce you to yet another cofounder of Ethereum - Gavin Wood....

29 Apr 20222min

Why is Facebook now called Meta, and what does it mean for crypto? - Crypto in Plain English - Episode 153 - by cryptohunt.it

Why is Facebook now called Meta, and what does it mean for crypto? - Crypto in Plain English - Episode 153 - by cryptohunt.it

Why is Facebook now called Meta, and what does it mean for crypto? Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. So, you’ve heard the news. Faceboo...

28 Apr 20223min

Who is Sam Bankman-Fried? - Crypto in Plain English - Episode 152 - by cryptohunt.it

Who is Sam Bankman-Fried? - Crypto in Plain English - Episode 152 - by cryptohunt.it

Who is Sam Bankman-Fried? Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today, let’s get to know the creator of crypto currency exchange FTX, a per...

27 Apr 20221min

Who is Chris Dixon? - Crypto in Plain English - Episode 151 - by cryptohunt.it

Who is Chris Dixon? - Crypto in Plain English - Episode 151 - by cryptohunt.it

Who is Chris Dixon? Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today, in our little mini series about popular blockchain people let’s introduce ...

26 Apr 20221min

Who is Vitalik Buterin? - Crypto in Plain English - Episode 150 - by cryptohunt.it

Who is Vitalik Buterin? - Crypto in Plain English - Episode 150 - by cryptohunt.it

Who is Vitalik Buterin? Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today, we start our little mini series about popular blockchain people you sh...

25 Apr 20222min

Populært innen Business og økonomi

stopp-verden
dine-penger-pengeradet
lydartikler-fra-aftenposten
e24-podden
rss-penger-polser-og-politikk
rss-borsmorgen-okonominyhetene
pengepodden-2
finansredaksjonen
tid-er-penger-en-podcast-med-peter-warren
livet-pa-veien-med-jan-erik-larssen
morgenkaffen-med-finansavisen
rss-markedspuls-2
pengesnakk
utbytte
lederpodden
rss-pa-konto
liberal-halvtime
rss-fa-makro
rss-investering-gjort-enkelt
rss-impressions-2