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RE: AIRDROPS - do you LOVE OR HATE them? or simply don't care?

in #blockchain • 5 years ago

I think for cryptocurrency, what is most important is do they stick to their white paper?

If they have 20% of their tokens devoted to 'other' they can do an airdrop. If it is 'marketing' that is a little less certain because a bounty or referral program would probably be better.

In the long run, if you are selling tokens, it is hard to argue you are not a security whatsoever since there is always doubt because you are selling 'something'. Open mining, bounties and airdrops get around that issue.

Airdrops are a little messy, however. Could you imagine a company having an IPO then having an airdrop for stocks? They would be kicked off the exchange that is listing them.

5 years ago in #blockchain by
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     5 years ago  

    Hi @abitcoinskeptic

    Didn't hear from you in a while. good to see that you're still around :)

    Thanks for you sharing your opinion

    what is most important is do they stick to their white paper?

    Whitepapers do not always include all details about future airdrops. They hardly really do (based on my own impression).

    Could you imagine a company having an IPO then having an airdrop for stocks? They would be kicked off the exchange that is listing them.

    Actually this is very interesting point. I wonder is STO in the future will also be able to do airdrops.

    And enjoy your upcoming weekend :)
    Piotr