What is an Airdrop? Cryptowiki




What is an Airdrop (Crypto Wiki)

Airdrop is a term in the cryptocurrency community that is used to promote a free distribution of crytpocurrency / virtual currency tokens to people, usually after performing a set of small tasks.  Generally airdrops do not require money but are attempting to build up a user and fan base around a token.

Many users follow airdrops to collect free tokens.  Many in the airdrop community follow different twitter accounts that specialize in alerting the community at the release of a new airdrop.  Darkstreet does post some airdrops as we come across ones we feel are of value to our readership.

The purposes of an Air Drop are:
1) Advertising
2) Gain customers and users
3) Reward to existing users, investors and customers

Sometimes Airdrops have requirements to them such as already owning a certain amount of the Coin or Token in advance.  An airdrop is generally an already existing a coin.   Other requirements can be joining a telegram channel, following a twitter account and retweeting a tweet.

The US Government is still debating how Airdrops should be taxed whether as income or as capital gains.  (Fortune on taxing airdrops).

To learn about airdrops follow the Darkstreet Twitter where our site posts news on Airdrops as they occur.






Sources:
https://www.forbes.com/sites/spencerbogart/2017/10/08/the-trend-that-is-increasing-the-urgency-of-owning-bitcoin-and-ethereum/#6dcaffa6116b

https://en.wikipedia.org/wiki/Airdrop_(cryptocurrency)

http://fortune.com/2017/11/16/bitcoin-cash-irs/



Want to learn about Crypto terms? Check out the CryptoWiki!

Enter CryptoWiki Here


Important Disclaimer:
Dark Street does not endorse any financial vehicle or investment. Opinions expressed on Dark Street are those of the writers and not of Dark Street. The information provided in Dark Street including but not limited to; articles, notes, webinars and accompanying material is for informational purposes only. It should not be considered legal or financial advice. You should consult with an attorney or other professional to determine what may be best for your individual needs. Dark Street does not make any guarantee or other promise as to any results that may be obtained from using our content. No one should make any investment decision without first consulting his or her own financial adviser and conducting his or her own research and due diligence. To the maximum extent permitted by law, Dark Street disclaims any and all liability in the event any information, commentary, analysis, opinions, advice and/or recommendations prove to be inaccurate, incomplete or unreliable, or result in any investment or other losses. Content contained on or made available through the website is not intended to and does not constitute legal advice or investment advice and no attorney-client relationship is formed. Your use of the information on the website or materials linked from the Web is at your own risk.

Comments

  1. Yes thats true, airdrop is a way on promoting a project and giving token or any cryptocurrency for free, its like giveaways. Anyway, heres one of giveaway from Dapp.com. If you are interested. What are you waiting for?Join now!
    Hi #dapp users, we are hosting a giveaway with CryptantCrabs from Nov. 27th to Dec. 7th where players will have the chance to win 10 Unhatched Cryptant Crabs! >>https://t.co/duZrLlMKxy
    Rules:
    1. Follow @CryptantCrab & @dapp_com;
    2. Like and RT with #cryptantcrabwithdapp_com


    For more info you can visit the links below๐Ÿ‘‡๐Ÿ‘‡
    website: Dapp.com
    Telegram: https://t.me/dapp_com

    ReplyDelete
  2. Yes I agree that airdrop is one way of promotion ICO. But maybe you will also probably agree with me that with the rise of blockchain and smart contracts, decentralized apps (also known as dapps) are poised to mature, potentially becoming the backbone of the Internet’s evolution for the better. Try to visit Dapps.com it has more infos about Dapps, it shares some commonalities with the P2P applications, like BitTorrent, such as allowing information to be exchanged among a vast network of users. Also join their telegram here https://t.me/dapp_com

    ReplyDelete
  3. Only a few days left! Join the CryptantCrabs giveaway and try your luck!๐Ÿ˜Ž

    Dapp.com is a largest dedicated platform for sharing exciting dapps and valuable knowledge about decentralized technology. We help everyone understand, create, and enjoy this exciting new technology with enthusiasm.

    Check this out to join. ⬇️⬇️
    https://dapplin.blogspot.com/2018/11/dapps-are-hosting-giveaway-with.html?m=1

    ๐Ÿ”˜Dapp.com
    https://t.me/dapp_com

    ReplyDelete
  4. Interview with Imperial Throne's Team

    Imperial Throne is a new strategy game dapp on the Ethereum Blockchain, with all the markings of an impressive new contender to this ever-growing blockchain gaming market. Thankfully the Imperial Throne team was very eager to talk all about their game. In this interview, we took a closer look at the details of how this new game will play and find out what ingenious features they are planning to implement.

    For more info you can visit the links below๐Ÿ‘‡๐Ÿ‘‡
    website: Dapp.com
    Telegram: https://t.me/dapp_com

    ReplyDelete
  5. Did you know that Binance releases 2nd decentralized exchange preview after Binance chain news? They revealed a second preview of its forthcoming decentralized exchange (DEX). The latest preview included the unveiling of a fresh user interface, wallet and block explorer for DEX, developers confirming a testnet version would become available for prospective users “soon.” If you want to know more about decentralized exchange, try to visit Dapp.com . It's one of the Decentralized exchange platforms differ from traditional exchanges in foregoing centralized databases and storage, with users instead controlling their private keys themselves. You can also join their telegram here https://t.me/dapp_com https://t.me/dapp_com

    ReplyDelete
  6. Wanted: New homes for Yummies these Holidays

    Dapp.com has new decentralized game and they are under Pre-sale on December. This was called Yummies.
    As part of its effort to find new owners for homeless Yummies these Holidays, blockchain game and collectables publisher BitCrystals today announced that the presale of the first characters (called “Yummies”) from forthcoming blockchain-enabled game ร  table! will open at 10 am CET on December 5th. Potential owners will be able to give a Yummy a new home on the ร  table!

    Yummies are cute animals made from food-related items.
    https://www.dapp.com/article/a-table-yummies-pre-sale/

    For more info you can visit the links below๐Ÿ‘‡๐Ÿ‘‡
    website: Dapp.com
    Telegram: https://t.me/dapp_com

    ReplyDelete
  7. Airdrop and giveaway is almost the same. Here is the example of giveaways

    Imperial Throne's Alpha Test Access & Exclusive Giveaway

    https://www.dapp.com/article/imperial-throne-exclusive-giveaway

    From December 6th to December 17th we will be hosting a competition where players will have the chance to win 20 Heimdall Tickets to Alpha Test Imperial Throne.
    1. Follow @ImperialThrone_ and @dapp_comon Twitter;
    2. Like and retweet the giveaway post linkwith hashtag #heimdallwithdapp_com;
    The winners will be chosen randomly from posted retweets and announced on December 19th.

    For more information visit our website Dapp.com and join our telegram group https://t.me/dapp_com for further discussions.

    ReplyDelete
  8. Decentralized applications (dApps) are digital applications or programs that exist and run on a blockchain or P2P network of computers instead of a single computer, and are outside the purview and control of a single authority

    Here is the example of dApps, Imperial Throne's Alpha Test Access & Exclusive Giveaway. Just click the link below;
    https://www.dapp.com/article/imperial-throne-exclusive-giveaway

    For more information visit our website https://Dapp.com and join our telegram group https://t.me/dapp_com for further discussions.

    ReplyDelete

Post a Comment

HOT NOW