Gem Collectors QuestionsImagine you can get cryptos absolutely for free…is it a joke or reality? No, that’s called an airdrop, and to reveal that mysterious thing, we need to do quick research together.
Simply speaking, it’s just a marketing technique, but it doesn’t mean that it’s something terrible and dangerous, although, of course, it involves some risks. So if you are careful and attentive, you can get some profit from those airdrops, as well.
The nature of an airdrop lies in distributing cryptocurrency coins or tokens for free to attract some attention. There are so many different cryptos out there, around 9000 thousand coins or even more, so no wonder some of them want to become more noticeable. To make a product unique, one should think of new ways to build a dialogue with users, and sometimes an airdrop is a real way out.
Think of a developer who has a blockchain project and wants to distribute that and promote it throughout the world and reach out to broader communities. What is the best way to do that? Of course, when you create a high-quality product, it speaks for itself, but it takes time, and it’s not always that evident for others that there is a great new project out there. Or, the situation when a project wants to reward its loyal community, what should it do? Again, an airdrop comes to help.
So, a project can preannounce the upcoming airdrop to make a fuss and get the community involved or make it as a surprise, so only those who are devoted and follow the project’s news and events will be right in time to get their free cryptos.
News about forthcoming airdrops could be found on various crypto projects’ websites, airdrops trackers like Airdrop.io, Airdrop Alert, or just googling some information on the topic. By the by, CoinMarketCap has its own airdrop they launched in May 2021.
A participant can get cryptos for free in different cases such as startups mint some cryptos to promote their project and give them away to the participants, a user needs to hold a particular coin/token, or a user has to do some tasks — to post about a project on their social media page, for instance.
To put it in a nutshell, airdrops help a company or a project to:
Standard
Anyone could be involved once submitting the required information, providing a wallet address, or maybe doing a simple promotional task. In this case, you’ll just get some free cryptos from the project directly to your crypto wallet without any difficulty.
Bounty
This one acquires to participate in the project’s activities and be more or less involved, as it’s not the same as with the standard one when you just sign up with the project and provide your address to get free cryptos. Bounties sometimes want you to share a post about the project’s product on a social media platform, sign up for its newsletter, or join a discussion group in its forum. As you can see, there are more activities, but they are pretty simple and sometimes even interesting and gripping.
Exclusive
The exclusive one is for people who follow third-party aggregators sharing the news about upcoming airdrops, and we mentioned some of them earlier. It mainly considers those who were loyal through time to a particular project, so they have a kind of VIP access to the airdrop program.
Hard Fork
They appear when a blockchain creates a new one that simultaneously runs with the first, original version. So, if you had invested in a blockchain before a hard fork appeared, you’ll get newly generated coins, as well. That’s a hands-off, easy process of getting a passive income, but it sounds mainly like a happy coincidence.
Holder
It’s about people who hold some amount of definite cryptos in their wallets. A project takes a snapshot of crypto holdings on a specific date and then asks people to claim that they own the crypto at that time and verify the fact.
Free cryptocurrency
some free tokens could end up being rather valuable ones, and grow in price over time
Good for ICO (initial coin offering)
airdrops are fruitful in order to grab more people’s attention, it’s a great way to say ‘hello!’ to the crypto world for some companies and projects
Worthless cryptocurrency
some tokens just don’t have any value, so it’s useless to hold them.
Fraud
scammers can reach you there, but only if you are not careful enough and don’t check the information thoroughly.
Overall, airdrops are a beneficial way for both — a participant and a developer to become acquainted and learn more about each other. It helps to build a bridge between a project and its user. People love getting money for free, that’s not a big surprise, but that’s not only about that. In the variety of numerous projects, it’s pretty challenging to find each other, so an airdrop, once it’s not a fake one, could be a nice technique to develop a company’s credibility and to tell thank you to a new user, who may come to stay with a project forever, or to the one who’s loyal to the community for years.
Crypto_Thai: Lets kick off with the Team behind the project ofcourse
Job: My name is Job (CEO) — a well versed marketing lead who has experience in providing services for Blockchain based as well traditional organizations. He has around 5yrs of experience in managing brands for noted organizations. In the above roles, he was responsible for business development, fund raising, legal, strategy, acquisitions, treasury and investor relations.
He had been involved in developing investment strategies, structuring, managing portfolios and undertaking due diligence on investment opportunities and deals in the digital assets class (IDO).
He has managed Product strategy, business, brand and ecosystem development for organizations. Creating new economic opportunities and commercialization across the blockchain sector, including product strategy, collaboration, exchange listings and to identify and pursue partnerships.
Sam: Sam — Chief Operating Officer (COO) — Sam comes with over 15 years of industry Service Delivery and Service Operation, program and project management consulting experience both on the IT and Business sides spanning prominent organisations. His earlier experience includes working for major IT organizations like IBM, Microsoft etc
His major capabilities are his ability to understand clients’ needs and requirements related to their technology and business challenges, his engagement and relationship skills and a sharp focus on execution and implementation. He enables organizations overcome their challenges, achieve digital transformation and their strategic objectives.
On the blockchain front, Sam worked as an advisor and chief strategist to road map and implement end to end block chain development strategy and deliverables. Leveraged experience of blockchain, Distributed Ledger Technology, and smart contracts. As the Program Director, drove alignment around assumptions, risks and issues, and key decisions. Architected design to implement a decentralized network via blockchain technology and ensured a fully-scalable Blockchain ecosystem.
Sam leveraged business acumen and has excellent understanding of cutting edge blockchain and distributed ledger technologies to define vision, strategies and roadmaps for how business can remain competitive and grow.
Both Sam and Job have earlier worked together in more than one blockchain venture (A triple fork of Bitcoin and a Centralized Exchange Build and release).
Thijs: Thijs (CTO) — Thijs comes with over 30 years of development and IT experience. As founding manager of the SoftTech group he gained a diverse set of expertise around building platform technology and sound IT infrastructures.
SoftTech is the official technical partner of Chirpley and provides a wide range of IT services, including development of the core platform technology.
His main capabilities are spanning the bridge between the needs of the business and the technical solution that fits this. Having managed a diverse group of IT professionals, he is able to quickly move a project in the direction it needs to go, managing budget and technical depth.
His interest in the blockchain technology and AI goes back to 2018. After severall projects to experiment he joined the Chirpley team early on and is now responsible for the technical aspects of the platform
Crypto_Thai: A team packed with lots of experience. Perfect! How come that you guys found each other?
Also comforting to hear that the current team got crypto experience
the last project we got an ama with wasnt packed like your team
Sam: I and Job have earlier worked together in more than one blockchain venture (A triple fork of Bitcoin and a Centralized Exchange Build and release). The relationship had been from almost 4years back when we have been part of multiple ideation on blockchain ventures.
Thijs met us two years back while working on a Blockchain idea and since has been a close friend as well professional acquaintance. Also, Chirpley is partnered with Softtech as the ICT provider which is owned by Thijs
Crypto_Thai: Like that! So the 3 of you guys are ready to make Chirpley a succes. Any open team spots left in the near future?
If yes what kind of experience does one need?