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RE: Whaleshares: How To Claim Airdropped Tokens From BTS Holdings...?

in #whaleshares5 years ago (edited)

Sorry my friend, but the window to claim the airdrop tokens closed a bit ago. I also couldn't claim them because at the time of the snapshot my coins were still on Binance. I moved them to my bitshares wallet about 2 weeks after the snapshot.

To answer your other question about trading, they are not allowing powerdown for the first year. I think after that it will be 13 weeks just like here on steemit.

In the meantime people who were airdropped the tokens can sell them on bitshares or rudex exchanges. The token is actually Rudex.WLS. I've bought some to power up. There isn't the highest liquidity, but my limit orders were filled both times overnight.

The thing to keep in mind is that unlike here, payouts there are not denominated in USD. It's denominated in the token, which last I checked goes for about a quarter. So divide any payout you see by 4. And of course, a year from now when the person earning that can cash it out we have no idea what the token price will be. I can see valid reasons for it to be much stronger by then and valid reasons for it to crash as soon as that earnings payout window opens and people all over the world start being able to get cash for them.

But there are other differences that make it a rather different experiment. I'm going on rather long here and actually I wrote a post a couple days ago comparing these communities that you might find instructive. Bottom line, there are more differences than the token economics that are worth exploring.

If you do go to WLS be sure to ping me.

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if I can't claim the airdrop for all the BTS I had, I highly doubt I'll bother investing any time there.

I’m almost certain the window for that has closed but the person to ask to be sure is krazykrista. She’s on discord.

Just to note though, I’d had no intention of buying coins on there at all and one really doesn’t need to. I got to a $1 upvote in less than a month with no investment. I only wound up buying 600 coins as part of a two for one promotion. So you don’t necessarily have to pay for what you would have gotten for free just to be on there. Newbies gain a lot of traction on there quickly without having to by coin to.

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You should have acted sooner?

If I knew about it earlier, I would have.

I believe you can powerdown 6% of your current stake over a period of 13 weeks at the moment...

Yes some percentage can be powered down

Good to know. They’re constantly tweaking things to get better results over there.

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