No Result
View All Result
Advertise
Submit a Press Release
Contact Us
Coindoo
  • Cryptocurrency News
    • All
    • Bitcoin News
    • Cardano News
    • Ethereum News
    • IOTA News
    • Litecoin News
    • Ripple News
    • TRON News
    Lumi Wallet

    Black Friday offer: Lumi Wallet Offers 12.5% Off Crypto Purchases

    Cryptocurrency Libra

    Everything You Need to Know About Facebook Cryptocurrency Libra

    Thailand

    Thailand SEC Plans to Adjust Existing Crypto Laws to Improve Growth

    Melnicki

    Ben Melnicki of Ripple Becomes Co-chair of Blockchain Association

    NANO

    Binance US Adds Support for Nano (NANO) Coin

    blockchain

    Can Bitcoin and Blockchain Help Avoid a New Financial Crisis?

    Trending Tags

    • ethereum
    • ripple
    • Tron
    • bitcoin
  • Analyzes & Reviews
  • Guides & Tutorials
    Dogecoin mining

    A Beginner’s Guide to Dogecoin Mining | 2019 Update

    fastest way to earn Bitcoins online

    What Is the Fastest Way to Earn Bitcoins in 2020

    how to avoid Paying Coinbase fees

    Learn How to Avoid Paying Coinbase Fees | Updated

    buy Bitcoin with PayPal

    How to Buy Bitcoin with PayPal | Beginner’s Guide

  • Events
No Result
View All Result
Coindoo
No Result
View All Result
Home Blockchain Guides & Tutorials

Top 8 Airdrops You Should Know About

Adriana M. by Adriana M.
May 16, 2018
in Blockchain Guides & Tutorials

Over the past 12 months the concept of Airdrop has gained worldwide attention. Is it worth it to join airdrops? What are the best airdrops that haven taken place?

These are questions we have received and here is our response with top 8 airdrops.

Oyster Protocol – October 23rd 2017

Token: PRL

Airdrop: 2227,72 PRL

Peak value: $ 10,804.44 USD

Oyster is a revolutionary protocol that resets the assumptions of the current internet paradigm and solves them with a new comprehensive platform. Oyster’s primary operation is based off of the storage, retention and retrieval of static data. The Pearl (PRL) token enables such data storage and is the first asset to be pegged to a known market value without a reserve or a centralized guarantor. The operation of the core Oyster network inadvertently creates a latency optimized meshnet of nodes, which becomes the perfect environment for fostering decentralized communications. The Shell (SHL) token enables transmission of data across such a meshnet. It was an exclusive airdrop by AirdropAlert.com.

Stellar Lumens – June 27th 2017

Coin: XLM

Airdrop: 986.683 XLM Lumens Tokens for each Bitcoin

Peak value: $ 918,25 USD per Bitcoin

Stellar is an open-source payment technology. 16 billion Lumens (XLM) have been distributed to holders of Bitcoin (BTC). The snapshot of the Bitcoin blockchain was taken at the first block mined after midnight on June 26th. At this time there were 16215950 Bitcoins in existence. To calculate how many XLM tokens you get, you can use the formula:

16,000,000 * ( X / 16215950 ) = Y Lumens XLM

Where X is how many Bitcoins you had at the moment of the snapshot and Y the amount of Lumens tokens airdropped.

 Bitcoin Cash – Hard fork from BTC on August 1st 2017

Coin: BCH

Airdrop: 1 BCH for each BTC held

Peak value: $ 4,355.62 USD per BCH

Bitcoin Cash is peer-to-peer electronic cash for the Internet. It is fully decentralized, with no central bank and requires no trusted third parties to operate. Bitcoin Cash is the continuation of the Bitcoin project as peer-to-peer digital cash. It is a fork of the Bitcoin blockchain ledger, with upgraded consensus rules that allow it to grow and scale.

On August 1st 2017, the Bitcoin Cash hard fork happened. A software update including the 8MB blocksize was pushed to the Bitcoin network and it garnered enough support from the mining community to form its own chain. Any Bitcoin held at the time of the hard-fork resulted in an equal amount of Bitcoin Cash.

Decred – January 18th 2016

Coin: DCR

Airdrop: 258.9396 DCR

Peak value: $ 32,577.19 USD

In total, 3,244 participants have successfully completed the airdrop confirmation process through the submission of a Decred address. Decred is the number 35 marketcap at the time of writing.

Minereum – April 14th 2017

Coin: MNE

Airdrop: 32.000 MNE Tokens

Peak value: $ 448,000.00 USD

There were 4268 participants in total for the Minereum Airdrop, every participant received approximately 32.000 MNE. The peak as of writing thi, is achieved in June 2017, making the airdrop worth nearly half a million USD. Minereum goes back to the basics and attempts to bring a new mining approach to the cryptocurrency space.

OmiseGO – Snapshot on ETH Block 3.988.888 on July 7th, 2017

Coin: OMG

Airdrop: 0.075 OMG Tokens per ETH

Peak Value: $ 2,13 USD per ETH

Current Marketcap: $1.4 B USD

OmiseGO has been the victim of a scam attempt where a fake website was created to fake an Airdrop. The private key is requested during the application, never share your private key with anyone. Around the time of OmiseGO Airdrop ETH was valued around 200 USD.

OmiseGo airdropped automatically to everyone who held over 0.1 ETH at the time of the snapshot.

Byteball – 2017 9 Airdrops, average taken

Coin: GBYTE

Airdrop: 0.27 GBYTE per Bitcoin in each Airdrop

Peak Value: $ 322,92 USD per Bitcoin in each Airdrop

Byteball is a risk-free conditional smart payments platform that enables human readable smart contracts. When a contract is created on Byteball platform, it can be trusted to work exactly as agreed upon. Why? Because it is validated by multiple nodes on the decentralized network, which all follow the same immutable rules. The counterparty, even if it is a total stranger, has to behave honestly because only the rules have authority. Byteball data is stored and ordered using Directed Acyclic Graph (DAG) rather than blockchain. This allows all users to secure each other’s data by referencing earlier data units created by other users. This also removes scalability limits common for blockchains, such as the notorious blocksize issue.

Blockless design is simpler because there are no blocks, there are only transactions. Users just add their transactions to the end of the DAG themselves, they don’t have to wait when miners create a new block and there is no guesswork whether miners will include your transaction in the block.

The consensus algorithm used to protect from double-spends is based on establishing a total order within the DAG. This is achieved by selecting a chain, called main chain, which gravitates towards units issued by commonly recognized reputable users — witnesses.

Etherem Classic – Hardfork from ETH block 1.920.000 on July 20th 2016

Token: ETC

Airdrop:  1 ETC per 1 ETH owned

Peak Value: $ 46.50 per ETH owned

Ethereum Classic is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.

Ethereum Classic is a continuation of the original Ethereum blockchain – the classic version preserving untampered history; free from external interference and subjective tampering of transactions.

The Ethereum classic hardfork was caused by the DOA hack. This hard-fork had the sole function of returning all the Ether taken from the DAO to a refund smart contract.

Where do I find legitimate airdrops?

AirdropAlert.com is the first and biggest informational source for airdrops. They have exclusive airdrops that are only for members of their community, like the Oyster airdrop mentioned above. Recently their Twitter and Telegram reached the milestones of 100k followers.

Tags: airdropbchbitcoinbitcoin cashblockchainbtcByteballDAGDCRDOAetcethetherethereum classicGBYTElumensmeshnetMinereumOMGomisegoOysterPearlPRLtokenUSDxlm
Adriana M.

Adriana M.

Adriana M. is a web content writer and editor at Brantell, Coindoo, and TheCCPress, who takes care that the articles you read are user-friendly and the subjects are among the most sought-after. She is passionate about discovering new things in the cryptocurrency and blockchain industry.

Related Posts

blockchain developer

How to Write An Excellent Resume for Blockchain Developer Position

by Ionela C.
December 12, 2019
0

Blockchain developers are known to have a mix of skills in the areas of cryptography, algorithms, data structure, and computer...

cryptocurrency

The Top 4 Emerging Cryptocurrency Trends for 2020

by Ionela C.
December 12, 2019
0

After seeing a huge fall in valuation in 2018, the cryptocurrency market has nearly tripled in valuation this year. Major...

TRIBTC

TRIBTC Launches BTC P2P Binary Options Beta Platform

by Ionela C.
December 11, 2019
0

TRIBTC.com launched the world’s first platform offering peer-to-peer binary options trading for cryptocurrency pairs. The idea of creating this platform...

Blockchain

Why Students Should Study Blockchain Right Now

by Ionela C.
December 10, 2019
0

Students who choose to buy custom essays complete all their tasks without any stress. They have to work hard and...

Lumi Wallet

Black Friday offer: Lumi Wallet Offers 12.5% Off Crypto Purchases

by Ionela C.
November 29, 2019
0

Lumi Wallet gets involved in the Black Friday frenzy by lowering crypto purchase commission fees by 12.5% from November 28th...

Load More

We Recommend

Top Rated Casinos
Bitstarz Casino

1xBit Casino

BitcoinCasino.io
Top Rated Exchanges
Binance Exchange
Top Advertising Services
Coinzilla Display Network
Our Latest Reviews
Atomic Wallet Review

Atomic Wallet Review

Atomic Wallet is a cross-platform software wallet, which supports the storage
Abra Wallet review

Abra Wallet Review

Abra is a multi-crypto mobile wallet and exchange platform. It supports
BitMart exchange

BitMart Exchange Review

BitMart is a crypto exchange that supports a wide variety of
View All Reviews

Editor's Choice

ArbiSmart review
Blockchain Analyzes & Reviews

ArbiSmart Review: Best Crypto Arbitrage Platform

by Lavinia C.
December 10, 2019
0

MyCointainer: The Easiest Way to Make Crypto Earnings

Cryptocurrencies

UK Cryptocurrency: Best Reasons to Buy Cryptocurrencies

November 15, 2019
cryptocurrency online gambling

How Crypto and Blockchain Are Shaping the Online Casino Industry

November 6, 2019

5 Minutes of Blockchain & Cryptocurrency News!

We completely understand that your inbox is already full of junk emails. We promise that we gonna try to keep it clean by sending a daily newsletter with our latest news. You can always choose to unsubscribe to our newsletter if you're not satisfied.
coindoo icon
  • Contact Us
  • Advertise
  • RSS Feed
  • About Us
  • Partners
  • Terms & Conditions
  • Privacy Policy

© 2017-2019 Coindoo by Brantell Media.

The information on this website and the links provided are for general information only and should not constitute any financial or investment advice. We strongly recommend you to conduct your own research or consult a qualified investment advisor before making any financial decisions. We are not responsible for any loss caused by any information provided directly or indirectly on this website.

No Result
View All Result
  • Cryptocurrency News
  • Analyzes & Reviews
  • Guides & Tutorials
  • Events

© 2017-2019 Coindoo by Brantell Media.