The allure of token airdrops

Everyone loves to get something for free. Whether we’d like to admit it, many of us feel as though we are chronically underappreciated and under-rewarded, so when the opportunity to get something for nothing – or very little – arises, we jump at it.

It is this nuance of the human condition that has drives the increasing popularity of token airdrops in the blockchain world. But what exactly is a token airdrop?

A token airdrop refers to the gifting of cryptocurrency tokens to users free of charge. Much like the free samples of anti-wrinkle cream or moisturiser handed out at the local beauty counter, token airdrops are “samples” of a token provides to early-stage supporters of a particular project. Airdrops are also used to reward frequent users of a particular blockchain service.

For example, in February 2018, cryptocurrency exchange Binance conducted an airdrop of 1.5m tokens to the top 500 000 Binance accounts with the greatest amounts of coins. Each eligible Binance account received three tokens.

TrustBar’s token airdrop is currently live and will end on 31 July, 2018. To qualify for the airdrop, you need to sign up to the TrustBar airdrop mailing list, follow TrustBar on Twitter and join the Telegram channel.

Once you have joined our airdrop mailing list, you can also join our referral club and generate your own unique link to earn more through referrals.

Due for launch in December, TrustBar will become the first global decentralised exchange that will allow secure cross-chain and cross-token trading through a single transaction. Details of the user funds will be protected by individual private keys and will not be stored on the platform, while dynamic pairing allows each user to select the buy/sell pairs, speeding up token exchange and reducing costs

TrustBar’s Initial Coin Offering (ICO), which targets a capital raise of $35 million, will be conducted on the NEO blockchain platform on 31 August.