Good morning everyone, Jake here!
I’m ready to get back into it and hit the ground running!
Today I briefly want to cover airdrops, a very lucrative bonus only native to the digital asset ecosystem.
You won’t find these bonuses anywhere in traditional markets. It’s the equivalent of receiving a stimulus check except in digital assets! These happen all the time and I want to make sure you have everything you need to receive these great bonuses.
Airdrops! What are they?
Airdrops are a way for developers to distribute tokens without the initial capital needed for holders to start to participate in the ecosystems.
In layman’s terms, it’s free crypto.
Imagine if Rivian, the electric car company, gave free shares to every Tesla shareholder.
That may steal people’s attention away from Tesla and convert them to the Rivian market.
That’s the idea for a lot of airdrops at least, but there are other valid reasons as well.
Airdrops happen all the time in the digital asset ecosystem, there are too many to count honestly.
Usually, it’s as simple as holding Y token on X date and plugging in your wallet address on a certain platform.
For example, the Sologenic (SOLO) airdrop we highlighted to you all for $XRP holders happened on December 24th. All you had to do was hold $XRP on a participating exchange such as Bittrue and boom you’re done!
(That also explains the recent price action of $XRP and why it was on our watchlist last week)
Airdrops are the digital asset equivalent of receiving a stimulus check of a cryptocurrency, and they’re unique to this ecosystem!
Just another reason why you should hop on board with us!
Assets like Uniswap (UNI), 1inch, Ethereum Name Service (ENS), and an up-and-coming DeFi platform Flare (FLR) have all been airdrops!
Giving people thousands of dollars (if not more) in value of digital assets. For simply participating in the digital asset ecosystem! What more could you ask for?
You won’t find this anywhere in the traditional markets, which makes this just another reason why we want you on board with us at Coin Command!
I cover airdrops extensively in my Master Club streams and will always do my best to keep you updated on all the up-and-coming airdrops.
So many of these are yet to happen so stay tuned with us at Coin Command and we will keep you ahead of the pack.
Crypto never sleeps!