BASIC DISCUSS REGARDING CRYPTOCURRENCY TRADING

Hello to everyone in this wonderful community today and on this great platform at large. I greet you all in good spirit and I want to believe that we all are doing just great today and if so we give God the praise for the sustenance of life and good health.

I welcome you all to yet another beautiful weekend before us all today. As we all know today is the end of the week and I want to believe that we had a stress-free week as now it is time to relax, spend time with family and friends and equally rest from the hectic week we all just had.

Today I am here to make a concise summary regarding the previous teachings that we had regarding THE CRYPTOCURRENCY AIRDROP DISTRIBUTION. We had an interesting discussion regarding the said topic where we got to understand the concept Airdrop distribution as well as the various types of airdrop distribution and how it's being carried out.

In regards to that I have decided to make a concise summary regarding the topic Airdrop distribution and I will start from the beginning of the teaching down to the end of the teaching which was discussed recently. The purpose of this summary is to enable those who didn't have the time to visit each lesson one after another.

As such this summary will cover all the aspect that was discussed regarding AIRDROP DISTRIBUTION. On that note I want to use this medium to urge us all to sit tight, relax and take a chill pill as I begin the summary regarding the above topic. I wish you a happy reading as I begin.

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We started the discussion by talking about what the term Airdrop distribution is all about and we said that Airdrop distribution is a scenario by which rewards are distributed among certain selected individuals who made sacrifices via their activities to promote a particular project which by the end of the project awareness and program, they give incentives to their community and this community comprises of all individuals that supported the movement from the onset of the project.

After the token launch regarding the cryptocurrency project, they compensate certain individuals that have been with them, showing support and also those who carried our certain tasks to promote the project up to the level it got to.

These individuals are considered as early adopters as such they get rewarded for their services through Airdrop distribution which is being carried out by the project team.

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Having discussion that, we equally talked about the various types of airdrop distribution regarding cryptocurrency. This can be denoted as the various ways by which the digital airdrop is distributed to individuals by certain projects and the various types of airdrop distribution are as follows.

STANDARD CRYPTOCURRENCY AIRDROP

The standard cryptocurrency airdrop distribution is a type of airdrop distribution that is considered to be the best method of airdrop distribution as though it is concerned with with possession of the said asset prior the the airdrop distribution.

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This type of airdrop distribution requires users to have a particular asset in their wallet prior to the distribution of the token. The airdrop is only distributed to a certain number of individuals having a particular cryptocurrency asset in their wallet as that will be use as the criteria for to be eligible for the airdrop.

The standard airdrop distribution is done in such a way that only individuals having a particular type of cryptocurrency asset are eligible for the token distribution when the time comes as such the criteria for eligibility is to have the said asset in your wallet prior to the launching of the project token in other to be qualify for the airdrop.

HARD-FORK AIRDROP

The Hard-fork airdrop distribution is a particular system of rewarding users when a particular cryptocurrency undergo a change in relation to the improvement of the asset interface, protocol network upgrade for better efficiency and reliability.

So when this is done, another version of the old asset is developed hence those having the older version regarding the asset are rewarded with the new token upon distribution.

COMMUNITY AIRDROP DISTRIBUTION

The community airdrop distribution is also a type of the cryptocurrency airdrop distribution and this is done by rewarded individuals supporting a particular cryptocurrency project down to the last point. So these individuals are rewarded with airdrop tokens for staying true to the end of the project campaign.

They as a community get rewarded after the campaign of the project is finally done successfully as a result of their unending support towards the project and during the project campaign.

HOLDERS AIRDROP DISTRIBUTION

This is the last but not the list of the various types of airdrop distribution that I had talk about previously. The holders airdrop distribution is a type of distribution that is carried out with rewarding holders of a particular assets and this can be in form of NFT and other blockchain assets.

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So the airdrop distribution is done by rewarded individuals who holds a particular asset or numbers of token regarding a cryptocurrency project in which at the end of the day the holders get rewarded just for holding the assets which stands as a criteria for eligibility regarding the airdrop.

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CONCLUSION

The above explanation is a summary of what I have taught so far and I believe that with this summary, those joining us for the first time will be able to catch up as well as understand what airdrop distribution is all about and also know a few types of airdrop distribution regarding cryptocurrency.

Thank you all for your time. The next time I will be here we will be talking about and interesting topic regarding the NFT but for now I will like to say goodbye and have a wonderful weekend ahead.