Tag Archives: airdrop

TRON To Gift 30 Million TRX to Ethereum (ETH) Users

TRON To Gift 30 Million TRX to Ethereum (ETH) Users

TRON (TRX)–TRON has had an exciting month.

The currency is up nearly 110% since the start of April, with most of the growth coming within the last week. While all of cryptocurrency is benefiting from the resurgent price in Bitcoin and renewed interest in the market, TRON is posting one of the largest gains over that timespan. TRX is also coming off the successful Test Net update at the end of March, which served as a prelude for May’s official Main Net launch.

 

Billion Dollar Investment and AirDrop

In the midst of all this positive news for TRX, Justin Sun and the TRON foundation made two stunning announcements. The first involved the creation of a 2 billion USD investment fund, designed to reward developers in TRON and spur further innovation. Ripple created a similar stir two weeks ago with a 25 million USD investment into Blockchain Capital, a fund designed to recognize and accelerate cryptocurrency startups. TRON’s fund will target TRX developers directly, providing greater incentive to develop on the upcoming TRON network, in addition to giving the currency greater exposure in the industry of crypto.

The TRON Foundation also made a somewhat bizarre announcement that they would be “gifting” via airdrop 30 million TRX coins to current Ethereum holders. At first, most of the TRON community thought it was an error in translation on behalf of Sun, and that the airdrop would really be targeting TRX addresses. However, the airdrop is indeed intended for all Ethereum wallets holding over 1 ETH at the start of 2018. Ethereum addresses that qualify will be receiving a randomized amount of TRX between 10 – 100 coins.

Gifting TRX as a Marketing Strategy

While fork-produced coins and air drops have become fairly common in cryptocurrency over the past year, a Foundation-endorsed gifting of coins to a potentially rival currency is a bit of an anomaly. TRON’s AirDrop to Ethereum may be the first time that a crypto has given free coins, previously unannounced, to a currency that has the potential to be a rival in terms of technology.

Justin Sun has framed the ETH airdrop as a thank you to Ethereum and Ethereum holders for hosting TRX during its transition to Main Net, but the move creates substantial benefits for TRON valuation and adoption, at least from a marketing standpoint:

  1. Getting a foot in the door with ETH holders.
    Despite the relationship between TRON and Ethereum as an ERC-20 token, the two currencies will be on diverging paths following the Main Net update. By gifting TRX to the Ethereum community, TRON has the potential to gain new users on the emerging platform, or at least create a cohort of crossover investors. At 0.05 USD apiece, 10 – 100 TRX is not a significant amount of money, but it still makes ETH holders invested in the future of TRON, in addition to sparking an interest that would otherwise not be present.
  2. Broad publicity and brand building.
    TRON has carved itself out as a contrarian to  most of the market of cryptocurrency. While other coin groups are concerned with re-inventing digital money and the landscape of traditional fiat, TRON is attempting to disrupt the online entertainment industry by devising a new platform. Just Sun’s marketing has been criticized in the past for being overhyped. Gifting TRX to the Ethereum community is not only a headline-grabbing move, but also paints TRON as a distinction to the rest of the market: Justin Sun and the TRON Foundation are willing to take risks and think outside of the established box, a feature necessary to disrupt an industry as broad as entertainment.
  3. Avoiding a pump and dump.
    At first, the Ethereum airdrop was met with confusion from the TRON community, as most thought TRON holders would be the recipient of the free coins. However, there is a distinct problem with the TRON Foundation gifting coins to its user base: it creates the conditions for inflation and/or pump and dump. If TRON were to announce an airdrop coming to TRX holders (let’s say any wallet with over 1000 TRX) following the launch of Main Net, it would create a positive price run for investors looking to get free coins. The aftermath would be similar to other airdrops, and the price of TRON would tank back to pre-announcement levels. Sun and the TRON Foundation are avoiding creating any sort of empty hype in their currency by targeting the users of a different cryptocurrency, in addition to making the airdrop retroactive to wallet balances at January 1, 2018.

In all, the Ethereum airdrop is more than just a marketing strategy to get TRON into headlines. It also opens the door to greater interest and investment in TRX through broader appeal, and could serve as the basis for more cryptocurrency circulation in the future.

Written By
Stuart Redman
http://technewsleader.com/2018/04/26/tron-trx-airdrop-ethereum/

Thomas Prendergast

What Is AirDrop? How Does It Work?

What Is AirDrop? How Does It Work?

Thomas Prendergast

How Can I Get Free Cryptocurrency From an Airdrop?

In the cryptocurrency space,

already prone to extreme levels of interest by digital money enthusiasts, some of the most-hyped events are airdrops. An airdrop is an event in which a cryptocurrency developer issues free coins or tokens to a user base, sometimes as a result of a hard fork and sometimes as part of a promotion or other change in network design. The key for most investors is becoming aware of the airdrop phenomenon before it takes place. If you find out too late, you've missed out on your chance for free tokens or coins. Fortunately, a report by decentralpost.com provides cryptocurrency investors with tools to gain more advanced notice about these special promotions and giveaways.

Airdrops That Take Place Alongside Hard Forks

One of the most common scenarios in which an airdrop is likely to take place is a hard fork of a major cryptocurrency. More than 20 bitcoin hard forks have taken place in the past year, for instance, and some of these resulted in investors who previously held bitcoin receiving new tokens for simply maintaining their investments. EtherZero, LitecoinCash, and MoneroV were projects that caused a similar level of investor sensation in recent months. In each of these cases, though, time showed that the forked coin was far less important than the original, and the new altcoin eventually lost interest and value.

Staying Apprised

How should an investor go about monitoring upcoming airdrops to make sure that he or she has access to the latest altcoin information? One of the first and most important tools is Twitter. This social media platform has become a hotbed for cryptocurrency investors, and it's common for a digital currency developer to provide information about an upcoming airdrop via a tweet. Investors may even regularly search for the phrase "airdrop" on Twitter, although this can provide a deluge of information that is difficult to sift through. For this reason, dedicated Twitter accounts like Crypto Airdrops and AirdropAlert can be useful.

Besides Twitter accounts dedicated to upcoming airdrops, information about these events can be found at a number of different websites. Of course, there is no guarantee that any information found on Twitter or on one of the sites above will be genuine, or that a newly issued digital currency will not be fraudulent, so investor caution is paramount.

Investing in cryptocurrencies and Initial Coin Offerings ("ICOs") is highly risky and speculative, and this article is not a recommendation by Investopedia or the writer to invest in cryptocurrencies or ICOs. Since each individual's situation is unique, a qualified professional should always be consulted before making any financial decisions. Investopedia makes no representations or warranties as to the accuracy or timeliness of the information contained herein. As of the date this article was written, the author owns bitcoin and ripple.

Authored by

Nathan Reiff
http://www.investopedia.com/corp/contactus.aspx?writerid=54684&subject=Investopedia Contact Form

Nathan Reiff is a writer and musician based in the New York City area. He holds degrees from Yale University and the University of Michigan. Nathan has previously worked for Orion Consultants and Partners in Performance and has written for Internet Brands on subjects ranging from money matters to personal and home development. His interests include technology, travel, and food.

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Thomas Prendergast

TRON’s $1.7M Airdrop To Ethereum Community Is A Potential Killer

TRON’s $1.7M Airdrop To Ethereum Community Is A Potential Killer

The launch of TRON testnet signals

that TRX will soon leave the ERC20 network and move to its personally developed mainnet, which will provide dependable futures for users and developers. Not long after TRON revealed the launch, it stated that the mainnet will be fully deployed in May and that anything that has to do with TRON will move out of ERC20 network, a platform owned and managed by Ethereum.

Now, the TRON team has aired that it earmarked 30 Million TRX (equivalent to approx. USD$1.7M) airdrop to Ethereum community as an appreciation towards Ethereum for their “support during TRON’s ERC20 phase in addition to preparing for the Super Representative Elections after mainnet launch”.  While TRON is making all these moves, the cryptocurrency is as well revealing it will soon be a competitor to Ethereum, and will soon outsmart the platform by becoming a DApp platform. The revelations did not go down well with Ethereum, resulting in the CEO, Vitalik Buterin saying the project has no soul. There is a sense in accepting that one has competitors, there is also a sense in accepting that one’s competitors are not reliable. Maybe Vitalik has chosen to accept the later and move on.

It is a fact that TRON is now Ethereum’s competitor, and the platform is doing everything to become more acclaimed than Ethereum is. This is visible in Justin Sun, founder of TRON’s statements and body languages. “From today to the last day, we are no longer the ERC20 token and in the future, we will compete with Ethereum as a DApp platform,” Sun had said during the launch of testnet.

“We will compete face to face with Ethereum, and we have confidence we will build a large ecosystem; a much large ecosystem than the Ethereum. I will explain to you why we can surpass Ethereum in the future.” After declaring to be Ethereum’s competitor, the platform unveiled a whopping sum airdrop purposely for Ethereum community. This is a potential killer for Ethereum, it is in many ways!

The Airdrop Is Nearly For Every Ethereum Users.

The airdrop is majorly for those who have a balance of over 1 ETH after January 1, 2018. It appears like TRON wants to give nearly all Ethereum users the opportunity. Doing this will give Ethereum investors an avenue to experience the newest generation decentralized network and participate in community governance because according to TRON, there are many issues on Ethereum platform that TRON has solved on its main Network.

The airdrop as well gives the Ethereum community an opportunity to experience a high transaction per second development platform and use TRX to vote in TRON’s democratic community. This is saying something that the Ethereum community might not understand. Even though the TRON’s team did not state that Ethereum’s platform is not decentralised, they believe theirs is more decentralized, hence, the reason for Ethereum community to have a taste of a new generation democratic platform. This is purely an enticement for Ethereum community, and it may kill Ethereum, or make it HODlers believe in TRON.

Remember TRON is Moving Everything It Has Out Of Ethereum’s Platform?

TRON team will not only migrate to mainnet, it will as well have its DApps which are right now on Ethereum moved to TRON network. At present, TRON has 100 million users on its DApps, and all the DApps will be migrated to the new platform once it is launched.  There is no way Ethereum won’t feel this, but it will feel the $1.7 Million airdrop the most.

TRON Donates 1 Billion USD To Community

Funny how TRON donated $1.7 Million to Ethereum community, and now the platform is donating $1 billion to its community. The fund is purposely for developers and supporters to make TRON grow. Meaning, in few months after the launch, DApps will flood Mainnet and possibly outnumber that of Ethereum. The way TRON is moving, it actually wants to kill Ethereum, or possibly make it hibernate from the crypto space and if possible render its DApp platform useless.


http://ethereumworldnews.com/author/yusuff/
https://ethereumworldnews.com/trons-1-7m-airdrop-to-ethereum-community-is-a-potential-killer/

  • Yusuff Olayode Supoto is a technology enthusiast, book editor, and business developer. He has contributed to Huffington Post, Thrive Global, TheTick Times, The Independent Republic, Oracle Times, among other reliable platforms. Yusuff just fell in love with blockchain, and he’s doing awesome in the space. He roars on many occasions, especially when things go wrong in his country, when Manchester United loses, and when CR7 scores. Yusuff is praying to meet to meet who's who in the blockchain industry, may be in an international conference.

Thomas Prendergast

What was 1st bitcoin faucet?

What was 1st bitcoin faucet?

The Faucet and Airdrop relationship

The First Faucet

When Bitcoin came to be, many of you are aware of the first sale that being a Delivery Pizza paid for with 10000 Bitcoins. That would have been nice if you were that pizza delivery professional, huh? But the advent of the “faucet” was not far behind and is just recently getting its well-deserved recognition in the history of the Bitcoin revolution.

Like why and what is a faucet? The term faucet is used because Bitcoin faucets even by today’s standards deliver meager amounts for menial effort. The use of giving away small amounts of Bitcoin does serve several purposes. It brings traffic to the domain site that is giving away this valuable commodity. Back in 2011 when Bitcoin was trading (selling) for around .08 cents as of July 2011 (note: It did increase in value that year by 900% and closed in December at $2.00 per coin) and it also raises the awareness of the coin. Two very important functions of these strategies. Raise awareness and drive traffic.

Even today, in fact, more so, the faucets are not only becoming main stream but also becoming a major factor in introducing new emerging coins.

Who is Gavin Andresen


Gavin Andresen is a software developer best known for his involvement with bitcoin. He is also known for inventing the first coin faucet and the name as well.

Originally a developer of 3D graphics and virtual reality software, he became involved in developing products for the bitcoin market in 2010, and was declared by Satoshi Nakamoto as the lead developer of the reference implementation for bitcoin client software after Satoshi Nakamoto had announced his departure. In 2012 he founded the Bitcoin Foundation to support and nurture the development of the bitcoin currency, and by 2014 left his software development role to concentrate on his work with the Foundation.

Faucet Culture


When Gavin first introduced his landmark free Bitcoin faucet in 2011, little did he know he would spur a huge cottage industry. From the scams of the Russian faucets, to established long-term faucets like freebitco.in, coin distribution and awareness have been driven in part by this new industry, simply by giving away small amounts of valuable coins for just visiting, and a series of qualification submissions then verified (to prevent robots) simple captcha action.

Today's multi-faceted faucet systems have matured to the point where intense evaluations have delivered well organized semi-automated platforms with documented recorded and live training making it possible for the entry level penniless novice, with great determination, discipline, and patience the potential of producing literally millions of dollars in a matter of a few years. Case in point:

If you had been so perceptive and fortunate to have been aware of Gavin Andresen’s Bitcoin faucet that was paying out 5 coin per captcha (remember back then 5 Bitcoin represented .40 cents) If you had been determined and processed that faucet just 2 times a day for 1 year (assuming the faucet limitations permitted like today’s faucets do) you could have earned 3,650 coins. At the time worth only about $292. But with foresight and understanding, holding on to those coins for just 2 years would have yielded (Bitcoin grew to over $1000) about $3,650,000.

Fast forwarding to today and making historical assumptions with the projected value of Bitcoin come 2020, many projectionists, experts and market makers predict Bitcoin reaching as high as $1 million dollars.

Our recent analysis has shown with aggressive determination and borderline obsession one can achieve about .5 – 1 coin per month with today’s faucets. That would be 24 coins by 2020 and based on these assumptions; a person could literally earn over 24 million dollars.

This understanding makes it clear why faucets have become mainstream and have grown major successes in the cottage industry like the 2-year-old company known as Faucethub.

Faucethub

A centralized advanced faucet system(s) with a secure API based wallet (to eliminate fees) for micropayments has created a portfolio of literally 100s of third-party faucets and has made the developer of the Faucethub system very successful with an active network of 1.2 plus million Faucet Heads (the culture of obsessed people doing menial task for meagre results).

His system has been responsible for making others wealthy and extreme supporters of the crypto counterculture.

Airdrops and Faucets similarities


2017 was the year a new coin giveaway occurred called Airdrops. Similar in results, many new crypto companies traditionally launched by selling their soon to be coins called tokens at perceived deep discounts, thereby raising literally millions upon millions of dollars before even beginning the development phase, I am sure you have heard the bad press of many of these ICOs just being nothing more than exit scams, making many investors victims and losing millions of dollars in this new wild west crypto culture. That being said, the expected results are many countries particularly the United States coming down hard on the ICO launches, with huge costly legal requirements, filings and regulations.

This is to be expected with any new industry but has hit the crypto industry particularly hard. Therefore the mother of invention always a close associate of the entrepreneur, has given birth to the Airdrop. The concept being similar to the faucet, the Airdrop is designed for several reasons. First is to bring awareness the new company, organization, platform, what have you. Many Airdrops have launched major success, like OmiseGO. Dropping 75 million coins with a site registration and ether wallet requirement, the airdrop has been extremely successful with the coin now trading at around $15 per coin in less than a year

Article by

Thomas Prendergast
Markethive Founder
http://twitter.com/markethive 

Thomas Prendergast

Use AirDrop to send content from your Mac

Use AirDrop to send content from your Mac

With AirDrop, you can wirelessly send photos, videos, websites, locations, and more to a nearby iPhone, iPad, iPod touch, or Mac.

What you need

Make sure that both devices can use AirDrop:

  • On Mac computers, choose Go from the menu bar in the Finder. If the Go menu includes AirDrop, that Mac can use AirDrop.
  • On iOS devices (iPhone, iPad, or iPod touch) open Control Center by swiping up from the bottom of the screen. If AirDrop is in Control Center, that iOS device can use AirDrop.

Turn on and set up AirDrop

On Mac computers:

  1. Choose Go > AirDrop from the menu bar in the Finder. An AirDrop window opens. If Bluetooth or Wi-Fi is turned off, you'll see a button to turn it on. AirDrop turns on automatically when Bluetooth and Wi-Fi are on. 
  2. To receive files from everyone instead of only those in your Contacts app, you can use the “Allow me to be discovered by” setting at the bottom of the AirDrop window.

On iOS devices:

  1. Open Control Center.
  2. Tap AirDrop, then choose whether to receive items from everyone or only from people in your Contacts app. Learn more.

Send items

  1. Choose Go > AirDrop from the menu bar in the Finder. Or select AirDrop in the sidebar of a Finder window. 
  2. The AirDrop window shows nearby AirDrop users. Drag one or more items to the recipient's image in the window, then click Send.

Or use the Share feature:

  1. Click Share Share button, if available in your app. Or Control-click an item in the Finder, then choose Share from the shortcut menu.
  2. The Share menu lists several sharing options. Choose AirDrop.
  3. Select a recipient from the AirDrop sheet, then click Done.

If you don't see the recipient in the AirDrop window or sheet, read the tips for sending items.

Receive items

If the recipient is signed in to your iCloud account, the item you're sending is automatically accepted and saved. Otherwise, the recipient is asked to accept the item before it's saved to their device.

  • On a Mac, the item is saved to the Downloads folder.
  • On an iOS device, the item appears in the appropriate app. For example, photos appear in the Photos app and websites appear in Safari.

Tips for sending items

If you don't see the recipient in the AirDrop window or sheet:

  • Make sure that both devices have AirDrop turned on and are within 30 feet (9 meters) of each other.
  • If you're sending to an iPhone, iPad, or iPod touch:
    • Your Mac needs to be a 2012 or newer model with OS X Yosemite or later.
    • The iOS device must be using iOS 7 or later and have Personal Hotspot turned off in Settings > Cellular. 
  • If you're sending to a Mac:
    • If the receiving Mac is using OS X Mavericks, Mountain Lion, or Lion, it needs to have an AirDrop window open: choose Go > AirDrop from the menu bar in the Finder. 
    • If the receiving Mac is a 2012 or older model, click “Don't see who you're looking for?” in the AirDrop window or sharing sheet of the sending Mac. Then click “Search for an Older Mac.” 
    • Find out if the Mac has “Block all incoming connections” turned on in Security & Privacy preferences. A Mac won't receive items using AirDrop if this setting is turned on.
  • If AirDrop on the receiving device is set up to receive items from contacts only, make sure that both devices are signed in to iCloud. Also make sure that the email address or phone number associated with your Apple ID is in the Contacts app of the receiving device.

AirDrop system requirements

To send items to an iPhone, iPad, or iPod touch, or to receive items from those devices, you need a 2012 or later Mac model with OS X Yosemite or later, excluding the Mac Pro (Mid 2012).

To send items to another Mac, you need:

  • MacBook Pro (Late 2008) or later, excluding the MacBook Pro (17-inch, Late 2008)
  • MacBook Air (Late 2010) or later
  • MacBook (Late 2008) or later, excluding the white MacBook (Late 2008)
  • iMac (Early 2009) or later
  • Mac Mini (Mid 2010) or later
  • Mac Pro (Early 2009 with AirPort Extreme card, or Mid 2010)

Created by
Apple Support

Need more help? Save time by starting your
support request online and we'll connect you
to an expert.

https://support.apple.com/en-us/HT203106

Posted By
Chuck Reynolds

Thomas Prendergast