Airdrop news

A distribution of a cryptocurrency token or coin, usually for free, to a large number of wallet addresses.

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Republic Launches First-Ever Security Token Airdrop – And It’s Compliant, Folks

Republic, an equity crowdfunding platform, has set a new record for the cryptocurrency space: the first first regulation-compliant airdrop of security tokens, which will be available to retail investors both in the U.S. and abroad. The move solves a long-standing problem with sharing economy companies, which sought to find meaningful ways to reward their users and contributors. When companies like Uber and AirBnB explored ways of providing participants with company equity, they quickly backed away after examining the SEC’s regulatory framework. Because contributors to the ‘sharing economy’ are only loosely associated with the companies, they could not gain any form of stock compensation that applies to fully-registered employees. Republic appears to have solved this hurdle by introducing the Token Purchase Agreement. Investors in Republic-launched projects are entitled to a certain amount of security tokens, to be redeemed at a later date. This ensures that actual tokens are compliant when they are released – such as when the project’s blockchain network is live. Within this framework, airdrops are technically considered investments. The project assigns a specific dollar value to certain user contributions, such as providing an email, which is necessary to constitute a compliant investment contract. Althea Kicks Off A New Era For Security Tokens The first token airdrop is for Althea, a decentralized internet system that seeks to replace traditional Internet Service Providers (ISPs) with a community-based network based on sharing economy principles. The airdrop campaign allows contributors to receive Althea tokens (ALTG) for simple actions such as viewing a video and providing an email, as well as more substantial rewards for setting up Althea nodes and attracting users. The project hopes to offer a peer-to-peer alternative to monopolistic ISPs, which it hopes will make for a faster and cheaper internet for its users. The campaign ensures that the network contributors will have a direct stake in Althea governance, according to Althea Co-Founder Deborah Simpier. “It’s important that those who are starting and operating on-ground networks will have a stake in the Althea governance token,” she remarked. “This partnership with Republic also enables us to distribute tokens to a broad audience of U.S. and foreign citizens, accredited and unaccredited investors alike, while maintaining compliance with the law.” Founded in 2016, Republic operates a family of businesses, including an investment platform that provides retail investors with compliant access to curated startups and blockchain projects. Republic operates under U.S. equity crowdfunding regulations and is under the supervision of the U.S. Securities and Exchange Commission (SEC) and the U.S. Financial Industry Regulatory Authority (FINRA).   The post Republic Launches First-Ever Security Token Airdrop – And It’s Compliant, Folks appeared first on Crypto Briefing.
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Republic Partners with Althea to Launch First-Ever Compliant Security Airdrop for Retail Investors in the U.S. and Abroad

The post Republic Partners with Althea to Launch First-Ever Compliant Security Airdrop for Retail Investors in the U.S. and Abroad written by Richard Kastelein appeared first on Blockchain News - Blockchain News and Opinion - Security and Utility Tokens, Tokenomics, Cryptoeconomics Investment platform and AngelList spinoff Republic has launched a compliant security airdrop to retail investors in the United States and abroad. For its first airdrop campaign, Republic has partnered with Althea, a system that enables communities to build and maintain their own decentralized internet infrastructure. “Building a tool that allows companies to share their equity or tokens […] The post Republic Partners with Althea to Launch First-Ever Compliant Security Airdrop for Retail Investors in the U.S. and Abroad written by Richard Kastelein appeared first on Blockchain News - Blockchain News and Opinion - Security and Utility Tokens, Tokenomics, Cryptoeconomics
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Swap is the New Airdrop

Coinspeaker Swap is the New AirdropThere are a lot of opportunities to earn freebies in crypto – even by not actually doing anything to earn them in the first place.Many popular cryptocurrencies have eagerly distributed their tokens for free: both to existing holders and to new ones. During the early days of Bitcoin there were numerous, and well-known, ways to get a few satoshis for free. In 2017-2018, during the boom of new crypto projects, some issuers distributed their tokens through airdrops. Others rewarded their loyal holders with additional payouts from the pools of investors they were bringing in.On top of that, people interested in passive income have always been able to earn cryptocurrency via cloud mining or masternodes leasing. Those were the good ole days… If money didn’t grow on trees, it was growing in your cryptocurrency account. With those days gone, it begs the question:Are There Any New Opportunities to Earn Crypto in the Market without Taking Any Risks and Extra Action?Good news, crypto enthusiasts. Of course there are new ways to earn crypto without taking on a boat load of risk!We recently came across a brand new opportunity to do so. It’s called the swap bonus.What’s a swap bonus?Well, consider this: some projects these days are busy upgrading their ERC-20 smart contracts because many of these smart contracts are outdated. Let’s say a token was released in 2017; a lot has changed in the industry since then, let alone in the smart-contract itself.Some bugs have been discovered and new opportunities for project development are making the smart contract update a necessity. With the necessity for upgrades and project fixes, crypto projects are deploying a new smart contract and swapping the tokens on old, existing wallets to newer ones, issued on the new smart contract. Some projects are rewarding their token holders during the snapshot day.For example, a token called Kick, which has been around for 2 years, announced its smart contract upgrade will be supported by a tokens swap. Those who keep the tokens on their personal wallets will have a chance to receive bonuses, which can be as high as 150% for people who keep a considerable amount of Kick coins in their personal wallets.Why are companies doing this, given the fact that a project does not really earn money in doing so? It’s because this type of transaction can increase the number of token holders and works better than other free distribution tools because if someone had invested in the project as an early supporter, they deserve to be rewarded much more than those who came in later.Also worth noting for token issuer, the swap can be a good chance to recalculate the number of token holders, since many of them hold their funds on various exchanges. This activity is good opportunity to make them withdraw funds and become more visible to the token issuers.The question is whether there will similar swap activity by other projects like Kick? The opportunities for both the core team and the token holders seems to be promising. It’s a good accounting of the investor base. And it’s a good opportunity to increase one’s crypto portfolio simply by holding a certain amount on a personal wallet instead of an exchange, without any trading and no risky investment.Swap is the New Airdrop
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Bitcoin, Bakkt and Ethereum Classic Headline Volatile Week for Crypto Industry

Coming off one of its worst declines since the 2019 bull market began, bitcoin appears to have found support above $10,000, a psychologically significant level that has […] The post Bitcoin, Bakkt and Ethereum Classic Headline Volatile Week for Crypto Industry appeared first on Hacked: Hacking Finance.
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Waves (WAVES) Decentralized Exchange Announces ERC-20 Support

Waves, a decentralized platform building operability for Web 3.0 protocols, has officially announced support for the ERC-20 token standard for projects launched on Ethereum. As per the press release, voting for the first listing occurred last year, and Bancor (BNT) won by a significant margin. As of August 22, 2019, BNT was trading on theRead MoreRead More. The post by Ashwath Balakrishnan appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\
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Ex-Overstock CEO Byrne Talks Timing Of Resignation With Fox, 'Political Espionage'

Former Overstock.com Inc (NASDAQ: OSTK) CEO Patrick Byrne stepped down Thursday after two decades of running the company. His resignation is quite bizarre and includes references to the "deep state" and Clinton family. Hours after his resignation, the executive appeared on Fox Business' "Bulls & Bears" to discuss his decision.  The Timing Overstock held a party Tuesday to celebrate its 20th anniversary, and now is a "perfect time" to resign, as everything is in a "perfect place," Byrne told Fox Business. Most notably, the tZero blockchain business was just voted as a potential winner in the ...Full story available on Benzinga.com
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One of the Top 100 Coins is Up 220% today. What’s the Deal with it?

A controversial cryptocurrency, RChain is currently showing massive growth in its trading volume. It is ranked 74th on Coinmarketcap with 220 percent growth in the past 24 hours. Zero Trading Volume on Some Exchanges According to the data provided by Coinmarketcap (CMC), RChain (RHOC) cryptocurrency is exhibiting the aforementioned price surge on August 23, 2019. RHOC is currently trading at $0.188 against the US Dollar and has a the market cap of $70,373,643. It is interesting to see that on August 22nd, this cryptocurrency was at $0.057 but it suddenly skyrocketed to over $0.188 on August 23rd. RChain Crypto | Coinmarketcap RChain runs on top of Ethereum platform and is available on 7 crypto exchanges in different trading pairs. Presently, RChain is actively trading on Bitinka, KuCoin, CHAOEX, BitMarket, Bilaxy, Hotbit and CoinPlace cryptocurrency exchanges with a very low 24-hour trading volume. A few exchanges are even showing zero trading volume of the coin. RChain Market | Coinmarketcap Although it is a top 100 coin today, such a sudden spike in the trading volume of a cryptocurrency is unusual it is bound to make the crypto community skeptical. This cryptocurrency was at $2.90 in January this year with the 30th rank on CoinMarketCap. Fishy Behaviour According to the earlier reports, RChain Cooperative claimed that the RChain organization was facing bankruptcy. In early 2019, it was asserted that RChain’s liabilities were exceeding its liquid assets, thereby making it “Functionally bankrupt”. As per another post in April 2019, RChain informed its community that the company suffered a scam. Accordingly, KuCoin exchange (which is one of the exchanges which listed RHOC token) blocked the crypto wallet address of the scammers. RHOC in its blog summarized the scam as follow; “The RHOC being held by the scammers will not be honored upon reaching Genesis”. Th reason behind the coin’s sudden growth is unclear, but it is to be noted that this behaviour is typical of coins that are involved in pump and dump schemes. So readers, what do you think about RHOC’s token spike? Let us know in the comment below Image Source – Chainrock medium blog The post One of the Top 100 Coins is Up 220% today. What’s the Deal with it? appeared first on Coingape.
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15% Ethereum Classic Pump Stokes Giddy Altcoin Season Dream15% Ethereum Classic Pump Stokes Giddy Altcoin Season Dream

By CCN Markets: Ethereum Classic (ETC) is currently on a massive bull run this week, increasing its price by 30% in three days. The cryptocurrency continued its surge steadily today, skyrocketing its value by over 15% today. $ETC #EthereumClassic making a bit of a commotion. Is this finally the start of $altszn ? #crypto #bitcoinboom […] The post 15% Ethereum Classic Pump Stokes Giddy Altcoin Season Dream appeared first on CCN Markets Ethereum Classic (ETC) is currently on a massive bull run this week, increasing its price by 30% in three days and by over 15% today.
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