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)

The Pros and Cons of “Proof of work” and “Proof of Stake” - Crypto in Plain English – Episode 21 - by cryptohunt.it

The Pros and Cons of “Proof of work” and “Proof of Stake” - Crypto in Plain English – Episode 21 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today we talk about the pros and cons of ““Proof of work” and “Proof of Stake” There are a few things...

26 Okt 20211min

What is “Proof Of Stake”? - Crypto in Plain English – Episode 20 - by cryptohunt.it

What is “Proof Of Stake”? - Crypto in Plain English – Episode 20 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Last time, we explained how time-consuming puzzles are one way to solve the problem of cheating on th...

25 Okt 20211min

What is “Proof Of Work”? - Crypto in Plain English – Episode 19 - by cryptohunt.it

What is “Proof Of Work”? - Crypto in Plain English – Episode 19 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today we explain how “Proof of Work” works. First, remember that cryptocurrencies validate transactio...

22 Okt 20211min

How crypto wallets work and which one is best for you - Crypto in Plain English – Episode 18 - by cryptohunt.it

How crypto wallets work and which one is best for you - Crypto in Plain English – Episode 18 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: How crypto wallets work and which one is best for you. Although they are called wallets, crypt...

21 Okt 20211min

The dark (climate) side of crypto - Crypto in Plain English – Episode 17 - by cryptohunt.it

The dark (climate) side of crypto - Crypto in Plain English – Episode 17 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: Crypto’s impact on climate change. Blockchain technologies – to the enthusiasts, they promise ...

21 Okt 20211min

How to create your own Web 3 product - Crypto in Plain English – Episode 16 - by cryptohunt.it

How to create your own Web 3 product - Crypto in Plain English – Episode 16 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: Together, we are creating our own fictional Web 3 product An example teaches more than a thous...

19 Okt 20211min

What is the web 3 movement about? - Crypto in Plain English – Episode 15 - by cryptohunt.it

What is the web 3 movement about? - Crypto in Plain English – Episode 15 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: We explain why everyone is excited about Web 3 To understand Web 3, let’s first talk about wha...

18 Okt 20211min

Why everyone has their own token - Crypto in Plain English – Episode 14 - by cryptohunt.it

Why everyone has their own token - Crypto in Plain English – Episode 14 - by cryptohunt.it

014 Why everyone and their grandma have their own token Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: We explain why there are thousands of ...

15 Okt 20211min

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