Free cyrpto currency and where to find them?

free_crypto_currency

The idea of free crypto currency has been going around for a while now and most people do not have adequate information on how it works. Because of the little information they have, they have decided that it is unreal to get free crypto currency and do not want to hear anything about it. However, taking a look at the cryptocurrency, one would observe that there are certain methods through which one can get free crypto currency and one of them is through airdrops.  So what is an airdrop?

An airdrop in the crypto world is a process whereby a blockchain project decides to distribute or share free tokens or coins.  There are basically two ways this process can take. The airdrop could come by surprise to loyal customers and followers and it can also be announced before hand. When it is announced beforehand, the aim is to create a buzz around a new coin and enable the coin to get new followers and relevance in the crypto world. However, when it is done as a surprise it is usually by established blockchains that use it as a means to reward their existing followers and customers. For pre-announced airdrops, a number of tasks must be accomplished by the customer in order to be eligible for the airdrop.  But for the surprise airdrop there is usually no requirement or tasks.

Another way of getting free crypto currency is through the redenom project. Redenom is a revolutionary financial and economic paradigm, that is based on the blockchain technology in combination with the principle of redenomination and also zero-sum game.  The aim of this technology is to create value through a multi-stage process of redistribution of resources. The redonmination process is simply a process whereby the last decimal order of the value of NOM tokens is liquidated at pre-determined intervals and redistributing it between the various users. The redenomination process helps to increase the values of the NOM tokens and this encourages the users to get involved so that they can become richer

How can get get involved in the redenom process?

In order to get involved in the redomination process there are certain steps you will need to take. If you want to benefit in the Redenom DAO Fund and also benefit from the subsequent distribution of the shares then you need to have a NOM token of more than 1 in your account. If you meet this requirement you can then proceed to complete the KYC Procedure. When you complete this procedure, you must participate in the blockchain voting process. If you take all these steps then you will be qualified for the redenom process and whenever there is a redistribution, your account will be credited with free tokens.  Also, the redenom project also helps you to create your own airdrop and participate in others.

Free crypto currency is not a myth, it is a possibility and now you have been equipped with the knowledge you need to partake of this opportunity. Airdrops and redomination are ways through which you can obtain free coins.

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What Is Airdrop Cryptocurrency?

What Is Airdrop

What is airdrop in crypto world?

A​ ​crypto airdrop​ ​is​ ​when​ ​a​ ​blockchain project distributes​s free​ ​tokens or​ ​coins. Two types of airdrops could be identified: 1 — as amazement and 2 — announced in advanced. Blockchain based startups regularly prefer advanced announcements to achieve gossip going. As the target is typically to bootstrap the project, the airdrop practice implicates the achievement of a number of tasks by the customer in order to be eligible for the airdrop.

Why startups carry an Airdrop?

As a Reward for Loyal Customers

This type of airdrop equals to the vouchers giveaways of non-blockchain companies in the typical commercial world. Sometimes blockchain based services wish to reward users. Airdrops can be used as a method of rewarding faithful users with free cryptocurrency tokens. This act as an encouragement for continues using platforms.

To Generate Lead Database

Promotion is to generate leads. Organizations pay attention to make proper leads that will push their marketing campaigns and increase investments. Airdrops can be used by blockchain based businesses to create valuable leads databases for their organizations. In return for free cryptocurrency tokens, users’ needs to complete online forms that contain valuable information about user which can be used to develop targeted marketing tactics.

To Create Awareness About a New Cryptocurrency

The marketing promotion on social media of airdrop lead to increased awareness being paid to a new cryptocurrency. Word of mouth advertising and other forms of organic commitments brought about by an approaching cryptocurrency airdrop can lead to bigger user participation in the cryptocurrency.

What Is Airdrop mechanism in project Redenom

Team Redenom went further and embodied the idea of ​​Airdrop as a key mechanism for the formation of crypto-economics. In the Redenom project, the value of the NOM token as an economic unit is not formed from its original value, as in the case of the classical ICO, but in the process of its circulation. All users of the system receive NOM tokens for free for a certain action in the system. Emission is carried out in the process of such actions. Accordingly, the economy of the Redenom project depends on the number of participants in the system and on their actions. The project provides a mechanism aimed at ensuring the promotion of active users through the process of the Redenomination. The system itself is a DAO system in which each participant can request funding from the Redenom DAO Fund on conditions of blockchain quadratic voting of other participants. Thus, the site aim is financing start-ups.  

How to get free crypto tokens NOM

Each registered user has the opportunity to receive 0,555666xx (random) NOM for phone validation and One NOM for passing the KYC procedure. Also, each participant can receive an additional amount of NOM, for generating benefit to the project. Tokens will circulate on the leading crypto-exchanges and exchangers so the NOM tokens can be purchased on free crypto market.

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