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RE: SEC S19-W1 || Crypto Opportunities: Airdrops and Giveaways .

in SteemitCryptoAcademy2 months ago

A well detailed post about the topic - , Cryptocurrencies Opportunities: Airdrops and Giveaways,....

A well executed airdrop will definitely yield a good result at the end. This is because good planning and organising is the key what needs to be done. In the world of cryptocurrencies, airdrops and giveaways are no longer new things to our ears, because we have seen projects that have successfully used this system of airdrops to psuht through. The major examples them includes,; Notcoin(NOT), Uniswap(UNI), Chainlink, Sushiswsp , Biniance (BNB) and many others.

Advantages of airdrops to users includes the free rewards and the disadvantages includes scams and frauds. The advantages of airdrops to the project developers includes; project visibility and engagement, while the possible disadvantage is the cost and expense of funding the project from start to finish.

Thanks for sharing
Good luck 🤞

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