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Investing in cryptocurrency. A detailed guide from mining to choosing ICO projects, from trading algorithmic systems to cryptocurrency arbitrage. Дмитрий Арсентьев
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isbn 9785005340344
Автор произведения Дмитрий Арсентьев
Жанр Прочая образовательная литература
Издательство Издательские решения
Bounty and Airdrop is it realistic to become a millionaire?
You must understand that I am writing an article after the market has been bearish for 1.5 years. This is important because it is possible that when the cryptocurrency market begins to grow rapidly, almost all ICOs, IEOs, STOs will raise the necessary funds for the development of the project. Accordingly, it will be possible to earn much more money, since projects will conduct ICOs faster (IEO, STO) and go to exchanges.
Airdrop are various programs where you receive a certain number of tokens of any cryptocurrency project for performing certain simple actions on your social networks: subscribe to their page, like, write comments.
Bounty programs – a more extended reward: you can write articles, shoot videos about the project, produce larger programs on your Twitter and Facebook, Instagram account.
Based on personal experience, it should be noted that most likely from 60 to 80% of the airdrop projects that you have completed will not be paid to you. Since some projects do not enter the market, others did not collect the necessary amount in the process of attracting funds from the primary ICO, some projects require certain commissions to be paid for the transfer of their tokens.
Let us dwell in more detail: often these commissions are the same as if you just bought their tokens for this amount – that is, these amounts are comparable to the size of the airdrop itself.
Also often these airdrop discussions go on in a telegram channel and although you register your mail as well, most likely you will not receive an e-mail that you need to transfer a commission, so if you participate in a large number of airdrops, it’s very difficult to keep track of it or you’ll have to sit all day in telegram channels.
It is worth noting that airdrops, which hold large exchanges that have been on the market for several years, are almost always paid, but often this requires a complete identity check. The same applies to just an airdrop project – where you go through a full identity check, the chance of getting an airdrop is much higher. You should keep in mind that these projects may not ensure the safety of your data, since the projects are small, so there is little money allocated for network security.
Pay special attention to the airdrop and Bounty channels which lead different groups to telegrams and make announcements of all airdrop and Bounty. You should have the opportunity to contact the group administrator and ask a question why this or that fee was not paid and at what stage the project, when there will be a distribution of coins. If these channels determine and distribute remuneration, then the probability of payment is much higher compared to those who simply send links to new airdrops.
This is especially important if you are doing Bounty assignments, as it sometimes takes quite a lot of effort: writing an article or when you shoot your video about a project. Especially if you do it completely yourself, and not just copy information from the project site.
Never give any group administrators or mail your private wallet keys, always provide only your wallet address.
If you yourself are looking for a Bounty task in Bitcointalk, then always check these pages, since they may not be presented from the project at all, so no one will transfer any rewards to you.
You can follow the link to the site and ask the site administrator a question: is this Bounty really carried out by their project, only then proceed with the implementation of Bounty.
Sometimes airdrops appear for referrals. You can participate in them, but if you do not attract referrals, you will not receive a reward, so you can only support the person or community that provides you with new Bounty and Airdrop.
You should also understand that the time from the start of Bounty and Airdrop to the payment of rewards can be significantly different from each other. That is, a fee can be transferred to you both within 1 week and within one year – it depends on whether the project is successful or not, the situation on the cryptocurrency market and other factors.
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