Today the airdrop was released for Reddit users, a social platform that has millions of users, and the most active received the $ MOON token, ERC-20 token, therefore based on the Ethereum blockchain. The problem encountered from the beginning is the improbability that all users have an ETH wallet and initially the tokens will be sent to the Reddit Vault, at no cost to the user. From personal Vault, a sort of internal wallet created by Reddit, users can transfer their $ MOON externally or on the only current exchange xmoon.exchange and the cost of gas will be borne by the users themselves.
Currently the value of 1 MOON = about $ 0.01 and on the exchange it is possible to convert your tokens into xDAI in a proportion of about 10 to 1. Finally we will have to convert xDAI into DAI to collect your earnings. For now a somewhat long process but in the future it should be optimized, especially if listed on other Exchanges.
I checked the token address on Etherscan and from here it is possible to have some useful information such as the supply, which is very important, and currently the token holders are about 8000 users. The airdrop will probably continue in the next few hours, I remember that Reddit users are millions and this explains the importance of tokenization and the consequences for the crypto world, if part of these users decide to enter and invest in some assets.
It is undeniable that through this airdrop, many inexperienced or unsuspecting users will seek more information on what an exchange or on the blockchain is, they will find out about Ethereum and consequently also know Bitcoin and other digital assets.
A spiral of links that will be useful for mass adoption?
The more we talk about blockchain, the faster these concepts will reach people all over the world. I believe that word of mouth is especially essential and disclosure will take less and less time. The higher the speed of propagation of crypto information, the faster mass adoption will be closer and closer.
Information makes man free
Posted Using LeoFinance Beta
I like that we keep seeing thing like things in the crypto community. Our goal of mass adoption is finally within reach. And yes, I agree to your point about talking about blockchain more so that the information would propagate fast. This is why I comment academies like Nowacademy who take it upon themselves to educate people about crypto and blockchain for free!! The free makes it interesting because it removes a major barrier to learning which is lack of funds
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Interessante questa cosa di reddit, non sapevo. Grazie per questo post. Ad oggi non uso più niente che giri su Ethereum, ma è una notizia che mi fa piacere, in ottica della mass adoption.