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Crypto Airdrops

Ukraine guarantees airdrop post gathering of $33M crypto donations

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With its country under Russian siege, Ukraine enthralled crypto Twitter with the guarantee of an airdrop, a frequent incentive for early adopters of new coins and non-fungible tokens (NFTs).

Ukraine said on Wednesday, 2 March 2022, through its official Twitter account that it will execute an airdrop to donors who have donated millions to its official crypto addresses. The tweet read,

“Airdrop confirmed. Snapshot will be taken tomorrow, on March 3rd, at 6 pm Kyiv time (UTC/GMT +2 hours). Reward to follow!”

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Airdrops include cryptocurrency projects that distribute free tokens to their community in order to stimulate acceptance. In 2021, El Salvador distributed $30 worth of bitcoin to its residents. The one announced for Thursday, on the other hand, would be the first time a country undertakes an airdrop in exchange for crypto donations.

On 26 February 2022, as Russian troops invaded Ukrainian territory in a “special military operation,” Ukraine began taking cryptocurrency as a form of donation. So far, donations in bitcoin (BTC), Ethereum (ETH), Tether (USDT), and Polkadot (DOT) tokens have been accepted.

The latest donation made was the CryptoPunk NFT. With this NFT donation, the total cryptocurrency donations amounted to $33 million. On Tuesday, 1 March 2022, CryptoPunk #5364 was sent to Ukraine’s Ethereum wallet, putting a financially valuable and sought-after cap on a fundraising drive.

However, opinions on the Punk’s worth differ. When crypto tracking business Elliptic identified the contribution on late Tuesday, Tom Robinson of Elliptic estimated it to be worth roughly $200,000; DeepNFTvalue, a site that utilizes machine learning to evaluate prices for unusual NFTs, put it at $233,000.

Ukraine’s crypto airdrop contains uncertainties

It’s not really evident what “snapshot” meant or whether any rewards would come in the form of tokens, NFTs, or something else. An email to Ukraine’s ministry of digital transformation seeking more information on the airdrop was not instantly returned.

Furthermore, Ukraine’s government has been utilizing memes and other digital growth hacking actions to enhance awareness of its suffering and generate finances since Russia invaded last week, including an online campaign to “Send Putin to Jupiter” by purchasing virtual rocket parts for $2.99 each.

Ukraine started requested cryptocurrency donations on February 26 and has so far received more than $30 million. Simultaneously, it is generating far larger sums through more traditional finance methods such as military equipment.

Ripple Partner SBI VC jump-starts free XRP rewards campaign

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One of the Ripple’s leading banking partners SBI VC has started a campaign in which they will distribute XRP coins as gifts to the existing and new account holders.

Yesterday, SBI VC Trade announced that they have begun a campaign for the account holders in which the bank will give XRP coins as a prize. The existing account holders can win up to 200,000 Yen worth XRP all depending upon the transaction money. Moreover, the new account holder will be gifted XRP worth 1,000 Yen soon after the account goes live.

The new account holders will have to open their account on VCTRADE to be eligible for winning XRP. The account holders that will be part of this campaign are the Neomova account holders. Besides, the more the transaction amount of XRP, the more chances to win maximum Ripple coins.

The campaign will run for almost three months lasting from 23rd Aug to 29th Nov 2019. The eligibility criteria for the users to be part of this campaign is; for winning XRP gift worth 1,000 Yen, users must have a Neomova account, VCTRADE account opening, and entry on the campaign screen.

Same criteria lie for those users who would be participating based on the transaction amount. The transaction amount varies, and so does the gift prize.

No.

 XRP Transaction Amount XRP Present Quantity
01. 100,000 yen or more to less than 1 million yen XRP gift worth 1,500 yen
02. 1 million yen or more to less than 3 million yen XRP gift worth 15,000 yen
03. 3 million yen or more to less than 10 million yen XRP gift worth 30,000 yen
04. 10 million yen or more to less than 20 million yen XRP gift worth 100,000 yen
05. More than 20 million yen XRP gift worth 200,000 yen

* 1 to 5 are the total transaction amount during the campaign period

Key Things to Notice about SBI Ripple gift campaign

Despite opening an account on SBI, if the users still don’t have one on VCTRADE, they would not be the part of the XRP campaign. If the users are unable to identify the e-mail address currently used in VCTRADE and SBI Neomobile Securities Department Store or Account Number that they had entered in the entry form, they will not be eligible for the campaign.

So, every user needs to make sure that they enter the correct e-mail address currently used in VCTRADE and SBI Neomobile Securities Department Store/Account Number. Also, the decision of whether the customer who entered is eligible for this campaign will be made by SBI VC.

Moreover, the clients would not have opened an account with VCTRADE by 5:00 pm on November 29, 2019; they will not be eligible for this campaign. It takes almost ten days from application for opening an account to completion, including screening and mailing. So, this is another point to notice, if you are willing to be the part of Ripple (XRP) campaign.

The goods receipt quantity and goods issue quantity are not subject to the transaction amount. Moreover, if the Company determines that any facts that violate the Company’s ‘Terms and Conditions’ are found; it will be excluded from this campaign. And also, if the account is canceled at the time of grant, users will not be eligible for this campaign.

A Good Push for XRP

As the campaign will last for three months, it will allow more users to enter and use the services of SBI VC and win XRP coins, and ultimately get to know about Ripple to a reasonable extent. More than winning, its a sort of an awareness campaign regarding cryptocurrencies and especially Ripple’s XRP. XRP being a core aspect of this movement will help boost the promotion of Ripple’s native coin in Japan (at least).

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

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Bitrue adds DigiByte and IOTA to its platform with exciting airdrops

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Bitrue, an advanced crypto trading platform, has recently (only yesterday) added DigiByte (DGB) and IOTA against XRP. The highlight is Bitrue will be doing an airdrop for 300,000 DGB and 7,000 IOTA. Bitrue have also mentioned their trading rates for these coins being 0.048 percent, and the amount each user receives will be proportional to the total funds they hold in relative comparison to other Bitrue users.

Any BTR (the native token of cryptocurrency exchange) that is being held will be 1.5 times its value when the user accesses their total funds according to this calculation.

This announcement from Bitrue has already got most of the users excited. Bitrue is a leading global trading platform for cryptocurrencies and boasts offices across the world, and works based on a multi-threaded high-performance order matching engine.

Bitrue’s uptime stat’s are phenomenon, thanks to its exceptional decentralized structure and anti-DDOS protection systems. Regardless of device, Bitrue is supported across devices and platforms with extensive access to their account and support. Being launched only in July 2018, Bitrue sees phenomenal growth. It is led by the Curis Wang and a team of senior management executives from Captial one.  

Last year Bitrue had close to USD 65 million trading volume in 24 hours and took the 66th place in the cryptocurrency exchange platforms. However, it is still a long way from the big shots like OKEx and Binance, whose trading volume is around USD 2.3 billion within 24 hours.

Nevertheless, being located in Taiwan, Singapore, US, and Canda, Bitrue opens the scopes for US investors, and this could be a very positive point for its growth.

With their new trading rates that have dropped to 0.048 percent from 0.098 percent last year, this news could prove enchanting, especially with the airdrops offer. Bitrue does want to increase its followers and usage metrics to expand its market. Both are less compared to the industry average as below,

Take fee in Singapore on an average: 0.29 percent

Maker fee in Singapore on an average: 0.21 percent

Now getting to the withdrawal fee, Bitrue charges 0.0005 BTC, and that again is meager compared to the global industry average of 0.0000812 BTC, which gives Bitrue an advantage among the market. New investors aren’t welcomed well with Bitrue as it requires investors to have previous trading histories to use this platform. However, the security of Bitrue website has improved from a Grade F to C, within a span of six months from Oct 2018 to April 2019.

It is definitely good to grab the DigiByte (DGB) & IOTA airdrops with Bitrue and get on with your trading.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

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Third BTT Airdrop of 990,000,000 BTT to TRON (TRX) Holders Underway

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A chance to grasp some free coins knocks at the door. Don’t you love free crypto? Heads up, your chance is here again, you should not miss a free crypto airdrop again.

Third BTT Airdrop Reward Days Away

You may have missed the first and second BitTorrent airdrops, but again losing on the third would be very much unfortunate.

According to a Twitter announcement, Tron’s third BTT airdrop is underway. The network is ready to reward all TRX holders with up to 990,000,000 BTT on coming 11th of April (just a couple more days) at 00:00 UTC. Therefore, if you don’t have some TRX in your account already, you still have some two days to make everything right for this fantastic opportunity, again.

The BitTorrent Token (BTT) Airdrop Series

This is the third time that Tron is stepping up to dole out free BTT to its TRX holders.

Interestingly, the airdrop is a series of airdrops each month until February 2025 with a total of 990 billion tokens with 10.1% of them airdropped to all TRX holders for the next 6 years.

The first airdrop went live on February 11, whereby the reward for TRX holders was 0.11BTT for each TRX held. It’s expected that for the first 12 monthly airdrops, 990 billion BTT tokens would have been distributed to those holding TRX.

Then, starting in February 2020, the next 12 months will see an increase of BTT airdrops by 0.1% each month. The pattern will continue until it hits 1.7% of the total supply come 2025.

Wallets and Exchanges Supporting the Airdrop

Anyone interested to grasp benefits of the airdrop program must have TRX in their wallet. However, not all the wallets or exchanges support the airdrop program. Therefore, one must be aware of scams and hence ensure that the wallet or exchange is officially confirmed to support the airdrops.

The common platforms approved include some like Binance, Huobi, Bithumb, OKEx, Gate.io, CoinEx, and very many others. Once you hold TRX in those supported platforms, you don’t have to do anything once the airdrop starts.

After the previous distribution of the airdrops, there was a rapid increase in new accounts on Tron blockchain, and the number is expected to spike again as the third airdrop is about to take place. Who doesn’t like free cryptos after all? Nevertheless, Tron is slowly but steadily moving closer to mass adoption and every development it undertakes is a boost.

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Fascinating airdrops of our Tron TRC20 token Tron Weekly to start next week

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Tron and the Tron Weekly Journal

Tron is a complex and extensive third generation blockchain project that includes many different things which incorporate the Tronix token (TRX), the BitTorrent network, and a lot more. As such, it’s rather hard to keep up with news regarding Tron which is why the Tron Weekly Journal exists.

The Tron Weekly Journal is an online digital content platform which aims to concentrate all the news about Tron in a single source. The community is very active, but there is no central portal so that investors, aficionados and community members can find out consistently what’s happening in the project.

Our team is comprised of experienced writers and analysts from all over the world who strive every day to bring the community the relevant news they need.

This platform is all about meaningful an relevant content, but it includes an additional ingredient: a native cryptocurrency. It’s called Tron Weekly, it’s a TRC-20 token (which means it’s based on Tron’s token technology), and it’s the means in which content creators are paid for their work, advertisers pay for ads and every economic activity related to publishing is carried out in the website.

Tron Weekly is already one of the most successful TRC-20 tokens, and the best news is that an airdrop is around the corner. Let’s dig a little deeper and find out all you need to know about the upcoming airdrop.

The Airdrop: What you need to know

It will be based on a snapshot of your Tron wallet. That snapshot will be taken on Feb 26th, at GMT+8, so make sure you have a few (the more the better of course) Tron Weekly.

The airdrop will happen on March 3rd (GMT+8), so that’s when you’ll get your tokens.

Every TronWeekly-holding wallet is eligible as long as your wallet address is listed as a holder wallet in Tronscan.

A ratio of 1:07 will be available for those who still have the same or higher amount of Tron Weekly from snapshot date to the airdropping date.

If by March 3rd, you have fewer Tron Weekly than on the snapshot, the ratio will be of 1:0.5.

After the Airdrop

So now you know. The next question is: what happens after the airdrop? We’re glad you asked.

A number of Tron Weekly tokens will be burn. We will burn as many tokens as the total amount captured on the snapshot date. This will help prevent inflationary pressure and keep the token’s value high.

The airdrop will be massive but it’s just one of the many incentives we want to provide to the community. If you read the articles published at the Tron Weekly Journal, or comment on them, or contribute in any way, you’ll also be rewarded with Tron Weekly tokens for your efforts. There will be something for everybody.

More incentives are to come, just keep tuned so that you learn about them.

What do you need to do?

Well… nothing, really. But you could make sure that your address is included at Tronscan as a Tron Weekly holder. That way you’ll know for sure you’ll be part of the airdrop.

And this is just a suggestion: don’t sell right away. Remember, there that we will be burning a lot of tokens so the price could just increase very quickly. Wait a bit, see what happens, you could earn a bit of tokens just by holding them.

Any questions? You can contact any of these fine people who will be happy to listen and answer to your questions, on Telegram: @Tronweekly @Anuroopz @getwhalesoon @Adu_m

Or direct message us on Twitter.

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.