As a crypto airdrop is primarily designed for promotional and marketing efforts, it can be tricky to ensure you are eligible for future events. Every airdrop has individual requirements to assess eligibility, although most of them are easy to find. An airdrop involving a blockchain snapshot is often communicated after the fact, making qualification difficult. However, there are … [Read more...] about What’s an Airdrop and Why Crypto Airdrops Are Issued
Airdrop
Polymarket’s New Airdrop Futures Market Has Answers
“‘Wen token?’ is one of the most asked questions in crypto,” Polymarket founder Shayne Coplan told CoinDesk. “What’s great about the Airdrop Futures is that it can combat asymmetric information. You can see the probabilities according to an actual free market. It’s a really powerful idea.” Source link … [Read more...] about Polymarket’s New Airdrop Futures Market Has Answers
Airdrop rumors result in a swarm of activity on MetaMask Swap and Polygon
Five to six-figure-size airdrops have become the new norm in the crypto sector and a growing number of analysts believe there are more to come. In September dYdX distributed a massive airdrop to early users and last week the Ethereum Name Service gave out roughly $17,000 to $30,000 in ENS tokens to platform users. Anticipation of additional "helicopter money" has also led to a … [Read more...] about Airdrop rumors result in a swarm of activity on MetaMask Swap and Polygon
DEX Aggregator ParaSwap Launches PSP Token on Heels of ENS Airdrop Excitement
“We decided to prioritize the product over the token, because our belief was that in order to have a token the reason had to be decentralization,” Benchemled said. “Let’s build a fantastic product, let’s reach a critical mass with users and volume, and then let’s move to tokenize and decentralize.” Source link … [Read more...] about DEX Aggregator ParaSwap Launches PSP Token on Heels of ENS Airdrop Excitement
OMG Tanks Over 25% as Exchanges See Record Inflows After BOBA Airdrop snapshot
The uptick in the lead-up to the airdrop snapshot and the subsequent sell-off is related to the “buy the rumor, sell the fact” trade often observed in stock markets and recently seen in bitcoin. The concept is based on the belief that market participants, being forward-looking, tend to buy an asset when expecting positive developments and take profit, driving the market lower … [Read more...] about OMG Tanks Over 25% as Exchanges See Record Inflows After BOBA Airdrop snapshot