Steemit Crypto Academy Contest / S12W01 - Understanding Cryptocurrency Airdrops.

in hive-108451 •  last year  (edited)

Hello Steemians!
How are you all? I'm sure you both enjoyed your routine today. However I want to invite your presence into the beautiful creation of the crypto world at large. I want to believe that you will find my responses to every hints here meaningful and contrasting....

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Define what is crypto airdrop?

Crypto airdrop is the release of crypto coins to online users via various activities engineered by the system. Most of the activities could be possible through dubious engagement like commission on referrals, commission on utility bills, commission on accessibility of the portal e-commerce.

Give the different types of crypto airdrops

Before I rush into highlighting of various crypto airdrops, I want to rebuke the fact that majority of our online inlaws utilize the market output of this airdrops as means of enrichment and not for clients recognition and norminal advantage.
We have different types of crypto airdrops but I'm going to summarize in few.

✅ Circular Crypto Airdrops (CCA): In some official Blockchain, this is actually recognize. We talk of the Pi coin airdrops. And users of it finds it greening to always walk into detailing even without the official knowledge.


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Pi is a recognized token even though it hasn't been verified into Socialized utility. But some scammers due to lack of patience find it difficults to break into the system and steal the available assets. And therefore disrespects the ecosystem.

✅ Drastic Crypto Airdrops (DCA): Most Steemians would be a kind surprise of these new nametion. I know this is not anywhere found as hierarchy of crypto airdrops, but from my empirical research and thorough analysis, came up with this believe that some tokens are track into mediums which require more plastic coding for it to be relieved of hacking visuals. Bitcoin airdrops and many four others like BNB are more likely the drastic type with mutual friendliness.

✅ Computerized Command Crypto Airdrops (CCCA): steemit is behind the oppression of these category because it deals mostly with the decentralized. There are social handles that are centralized and yet releases bombs like airdrops to customizable integrators.

But CCCA does more to it visual apprentice. Imagine, Steems coins (SBD), Sweatcoin and some others within the ecosystem cannot easily crash despite the extra-molecular forces striving to break in.

✅ Partial Cryptos Airdrops (PCA): Most times when I'm online making research, I'll be hearing tracing blank messages which are pirated to break into anyone's account; mostly the insecure uninformed social users. Twitter is partly a cooperation where most of these partial airdrops are release via it verified-to-be claimant.

Have STEEM token ever been claim as a crypto airdrop ?

No. Even if it happen. I wouldn't suggest it from a source. Because somuch internet lovers are ethical in nature, and that won't give you a clear move of the right owner.

How to identify if a crypto airdrop is legit or scam. How can we also fine free crypto airdrops

I will advise as many of my colleagues searching for free crypto airdrops online not to eavesdrop to any telegram boost. I'm speaking out of experiences, there's no free airdrop unless you should be willing to loose atoms of your crypto coin.

But if the opposite is surely your race, then get ready to plunge out of the deserted internets, because you may end up becoming a pregnant town crier.

How are crypto airdrop taxed ?

Various means. But you must Sacrifice your token to get another. Like I said earlier, nothing comes freely within this dark space. There must be a urge for the debator to let-go of the bag.

Have you ever claim a crypto airdrop before? Which coin was that?. If you haven't claim an airdrop before then explain how one can claim a crypto airdrop

Like I said earlier, there are different ways to claim airdrop. Some social experts will request that you carryout sectional adverts or promos that will really magnetize more customer to them.

While some will sign a deal with you for a lending within a specific time frame. That is for people who want to get involve in online racer.
Thirdly, Gaming can also attracts crypto airdrops. There are more importants games that before you earn, there must be perpetual sacrifice to your database analogy.

Advantages and disadvantages of crypto airdrops

Advantages of C.ADisadvantages of C.A
1. There's sufficient utility token for more online accelerationThere's insufficient utility token for more online acceleration
2. Users are opportuned to claimUsers find it difficult even after completing tasks
3. There's an assurance of hardlabour during miningThe assurance is bonded for undisclosed recipients
4. Risks does not draw tensionRisks burdens the heart

In conclusion, I believe each and everyone of you have been caked with much ideas that crypto airdrops are not visually distributed without one giving in something meaningful. Thank you for reading.... If you have any question as concerning all I've said, drop it in the reply button. Thanks.

I invite @bossj23, @basil20, @nessuccy5 to participate in this contest.

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Has hecho un buen esfuerzo para responder a la mayoría de las preguntas.

Mucha suerte y éxitos.

I love your consistency and the info about crypto, it's educational and amazing to learn from. Keep it going

Thank you very much @basil20. Just like pelon53, I'll need to work on developing my crafts to gain more weight

Well my dear friend in a very shortly and very interactive way you have covered all the questions in a very short like your smart work.

I have also give a smallest hard work to questions given in this contest I have given the answer and do check my post and best of luck for your participation

Thank you very much.... I really appreciate your time