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

Avsnitt(373)

How AI will revolutionize the way you learn - Episode 357 - by cryptohunt.it

How AI will revolutionize the way you learn - Episode 357 - by cryptohunt.it

How AI will revolutionize the way you learn Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing ideas. As always: In pl...

10 Feb 20232min

Google’s $100bn AI whoopsie - Episode 356 - by cryptohunt.it

Google’s $100bn AI whoopsie - Episode 356 - by cryptohunt.it

Google’s $100bn AI whoopsie Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing ideas. As always: In plain English. Goo...

9 Feb 20232min

Microsoft and Google are taking the gloves off - Episode 355 - by cryptohunt.it

Microsoft and Google are taking the gloves off - Episode 355 - by cryptohunt.it

Microsoft and Google are taking the gloves off Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing ideas. As always: In...

8 Feb 20232min

How AI can fight discrimination online - Episode 354 - by cryptohunt.it

How AI can fight discrimination online - Episode 354 - by cryptohunt.it

How AI can fight discrimination online Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing ideas. As always: In plain E...

7 Feb 20232min

Why schools and universities are freaking out over ChatGPT - Episode 353 - by cryptohunt.it

Why schools and universities are freaking out over ChatGPT - Episode 353 - by cryptohunt.it

Why schools and universities are freaking out over ChatGPT Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing ideas. A...

6 Feb 20232min

How exactly is artificial intelligence threatening my job? - Episode 352 - by cryptohunt.it

How exactly is artificial intelligence threatening my job? - Episode 352 - by cryptohunt.it

How exactly is artificial intelligence threatening my job? Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing ideas. A...

3 Feb 20232min

Generative AI: What is it and is it coming for your job? - Episode 351 - by cryptohunt.it

Generative AI: What is it and is it coming for your job? - Episode 351 - by cryptohunt.it

Generative AI: What is it and is it coming for your job? Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing ideas. As ...

2 Feb 20232min

Porsche's botched NFT - how to do it better next time - Episode 350 - by cryptohunt.it

Porsche's botched NFT - how to do it better next time - Episode 350 - by cryptohunt.it

Porsche's botched NFT - how to do it better next time Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing ideas. As alw...

1 Feb 20234min

Populärt inom Business & ekonomi

framgangspodden
varvet
badfluence
rss-jossan-nina
rss-borsens-finest
uppgang-och-fall
rss-svart-marknad
avanzapodden
borsmorgon
rss-dagen-med-di
rss-kort-lang-analyspodden-fran-di
rss-den-nya-ekonomin
tabberaset
svd-tech-brief
fill-or-kill
lastbilspodden
24fragor
rss-inga-dumma-fragor-om-pengar
rss-veckans-trade
kapitalet-en-podd-om-ekonomi