CRYPTOCURRENCY HOLDERS AIRDROP DISTRIBUTION

in Steem Alliance4 months ago

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 a beautiful and fair day as this I want to believe that everyone is having a stress-free day at work or wherever you all may be individually at this point in time. So I hope we are all having a good day.

So far so good we have been discussing regarding an important topic for a while now and I know most of you especially the newbies are getting familiar with the lessons regarding the Airdrop distribution as well as the various types of airdrop distribution.

As touching that aspect today, I am here once again before you all to discuss another important type of airdrop distribution which is seen on the cryptocurrency blockchain. So for today's lesson, we will be placing our focus and also discussing vividly on the theme CRYPTOCURRENCY HOLDERS AIRDROP.

This is going to be an interesting topic in which I will be talking to us about in a short while and as such I urge you all to pay attention so well and also relax as I begin the discussion for today. I wish you all a happy reading!!


Cryptocurrency airdrop distribution is an incentive given to loyal community members who have journey with a particular project prior to their token listing and launching hence they reward early adopters that are present in the community and have been with them from the beginning of the the project down to the launch of it token.

On that note, the cryptocurrency airdrop distribution is carried out on different levels and in different manner. The system of airdrop distribution varies in different communities and projects as such it is done in such a way that is only determined by a particular project stakeholders.

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So far we have talked about several ways by which the cryptocurrency airdrop is distributed to individuals and these airdrop are not just dispersed to individuals but a selected number of individuals who are eligible to have the airdrop and the system of eligibility is determined by the community founder or project shareholders as the case may be.

With the above preamble regarding cryptocurrency airdrop distribution, we have made headway and also a connection to today's discussion which is THE HOLDERS AIRDROP DISTRIBUTION.

HOLDERS AIRDROP DISTRIBUTION

Initially I talked about how certain community chooses to reward their active members with their project tokens upon launching of the tokens and I made mentioned that several community uses different methods to distribute incentives to their individual communities and there are several methods to carry out the airdrop distribution.

The holders airdrop distribution is a scenario by which rewards are distributed among individuals, investors and traders who are holding a particular asset in their wallet. So these individuals holding a particular asset regarding the project will be of benefit as they qualify and stand the chance to be eligible for the airdrop which is to be distributed by the said project.

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Now the holders airdrop distribution also possess a criteria for eligibility and this can be the number of tokens one is having in the wallet or the time duration one has held the said token in the wallet. So a project can choose to reward it community members by either of the affirmation methods.

The time of duration can be used as a criteria for eligibility whereby an individual's eligibility for the airdrop is determined by how long that same individual has been holding the said token in his/her wallet. Also the amount of token in the wallet of the said individual can be used as a criteria to be eligible for the airdrop. This talks about the number of tokens one has in his wallet prior to the airdrop distribution.

A particular time-frame or number of tokens may be set as the criteria for eligible and whosoever meets the basic criteria stand the chance to be rewarded with the airdrop upon distribution of the holders airdrop regarding the project.


CONCLUSION

It is very paramount that one holds a particular asset regarding a project prior to the listing or token launch of the said projects as this will give an individual an edge for eligibility for the airdrop if there would be early in either the present time or in the future. Also the time frame matters a whole lot.

When one is holding an asset, it is expedient that you hold the said asset for a longer period and having a substantial quantity should incase their would be a big event in the future such as rewarding community or distribution of airdrop to holders.

Thank you all for having me today. I will be seeing you all around in a short while but for now I say goodbye to you all and have a pleasant day ahead.

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 4 months ago 
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