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Learning & News => For Beginners => Basic Questions about Cryptos => Topic started by: sakib.bro on March 08, 2018, 06:37:27 AM

Title: ICO , Airdrops? And bounties?
Post by: sakib.bro on March 08, 2018, 06:37:27 AM
 Anybody can explain to me what is that? I just heard from my other friends.
please help me to understand it
Title: Re: ICO , Airdrops? And bounties?
Post by: HBKMusiK on March 10, 2018, 12:01:12 AM
A​ ​crypto airdrop​ ​is​ ​when​ ​a​ ​blockchain project distribute​s ​free​ ​tokens or​ ​coins ​to​ ​the​ crypto ​community.

To​ ​be​ ​a​ ​recipient​ ​of​ ​an​ crypto ​airdrop often​ ​the​ ​only​ ​requirement​ ​is​ ​that​ ​you​ ​have​ ​coins from the relevant blockchain stored​ ​in​ ​your​ ​wallet. Examples of this format of airdrops are Byteball, Stellar lumens and OmiseGo. These airdrops required you to proof you were the owner of Bitcoins or Ethereums at a certain time ( snapshot) of the blockchain.

The​ ​format​ ​of​ ​these​ crypto ​giveaways​ ​is​ ​usually​ ​like​ ​this:​ ​At​ ​a​ ​pre-announced​ ​time​ ​the​ ​project​ ​behind the​ ​event​ ​will​ ​take​ ​a​ ​”snapshot” ​of​ ​the​ ​blockchain,​ ​​ anyone​ ​holding​ ​Ethereum or Bitcoin​ ​at​ ​that​ ​point​ ​will​ ​receive​ ​a certain number​ ​of​ ​free​ ​e-tokens.​ ​This can also be done on other blockchains, but Ethereum and Bitcoin are the most used for this airdrop format.

Other (often smaller) airdrops require social media posts or you need to contact a member of the team on the Bitcointalk forum. This form is gaining more popularity since September 2017. It's currently a hype to just fill in a google form with your email, telegram, twitter & wallet address to get free tokens. This format is often used for new crypto projects that are using airdrops as a marketing campaign."
-credit to Pokernomad on Steem

To get started up on getting airdrops you will need some things to get started off:
1. Telegram account
2. Twitter/Facebook Account
3. BTT account (obviously you already have that!)
4. MEW or Metamask wallet to store ERC-20 tokens. - a link for metamask can be found here: https://metamask.io/
5. WAVES platform wallet (only for some airdrops) https://wavesplatform.com/
Bounties are the reward for a paid work as being a translator, sharing posts etc.
Title: Re: ICO , Airdrops? And bounties?
Post by: Libet on March 11, 2018, 02:40:23 PM
Quote from: HBKMusiK on March 10, 2018, 12:01:12 AM
A​ ​crypto airdrop​ ​is​ ​when​ ​a​ ​blockchain project distribute​s ​free​ ​tokens or​ ​coins ​to​ ​the​ crypto ​community.

To​ ​be​ ​a​ ​recipient​ ​of​ ​an​ crypto ​airdrop often​ ​the​ ​only​ ​requirement​ ​is​ ​that​ ​you​ ​have​ ​coins from the relevant blockchain stored​ ​in​ ​your​ ​wallet. Examples of this format of airdrops are Byteball, Stellar lumens and OmiseGo. These airdrops required you to proof you were the owner of Bitcoins or Ethereums at a certain time ( snapshot) of the blockchain.

The​ ​format​ ​of​ ​these​ crypto ​giveaways​ ​is​ ​usually​ ​like​ ​this:​ ​At​ ​a​ ​pre-announced​ ​time​ ​the​ ​project​ ​behind the​ ​event​ ​will​ ​take​ ​a​ ​”snapshot” ​of​ ​the​ ​blockchain,​ ​​ anyone​ ​holding​ ​Ethereum or Bitcoin​ ​at​ ​that​ ​point​ ​will​ ​receive​ ​a certain number​ ​of​ ​free​ ​e-tokens.​ ​This can also be done on other blockchains, but Ethereum and Bitcoin are the most used for this airdrop format.

Other (often smaller) airdrops require social media posts or you need to contact a member of the team on the Bitcointalk forum. This form is gaining more popularity since September 2017. It's currently a hype to just fill in a google form with your email, telegram, twitter & wallet address to get free tokens. This format is often used for new crypto projects that are using airdrops as a marketing campaign."
-credit to Pokernomad on Steem

To get started up on getting airdrops you will need some things to get started off:
1. Telegram account
2. Twitter/Facebook Account
3. BTT account (obviously you already have that!)
4. MEW or Metamask wallet to store ERC-20 tokens. - a link for metamask can be found here: https://metamask.io/
5. WAVES platform wallet (only for some airdrops) https://wavesplatform.com/
Bounties are the reward for a paid work as being a translator, sharing posts etc.

Instead the word ICO is the abbrevation for Initial Coin Offering of a cryptocurrency.
This means that the creator of this crypto gives you the possibility to buy it before it will be listened on any exchange if you want invest in it.



@sakib.bro
Anyway in this section there is a guide that explains all the terms and abbrevations that we use in the crypto world. 8)

If you will hear others misterious and incomprehensible terms, take a look to this post, there is a  complete list of those particular words that for sure you will find when we will talk about cryptocurrency :)
 
http://www.altcoinstalks.com/index.php?topic=1988.0


Title: Re: ICO , Airdrops? And bounties?
Post by: jcmansah on March 12, 2018, 07:23:48 PM
Quote from: HBKMusiK on March 10, 2018, 12:01:12 AM
A​ ​crypto airdrop​ ​is​ ​when​ ​a​ ​blockchain project distribute​s ​free​ ​tokens or​ ​coins ​to​ ​the​ crypto ​community.

To​ ​be​ ​a​ ​recipient​ ​of​ ​an​ crypto ​airdrop often​ ​the​ ​only​ ​requirement​ ​is​ ​that​ ​you​ ​have​ ​coins from the relevant blockchain stored​ ​in​ ​your​ ​wallet. Examples of this format of airdrops are Byteball, Stellar lumens and OmiseGo. These airdrops required you to proof you were the owner of Bitcoins or Ethereums at a certain time ( snapshot) of the blockchain.

The​ ​format​ ​of​ ​these​ crypto ​giveaways​ ​is​ ​usually​ ​like​ ​this:​ ​At​ ​a​ ​pre-announced​ ​time​ ​the​ ​project​ ​behind the​ ​event​ ​will​ ​take​ ​a​ ​”snapshot” ​of​ ​the​ ​blockchain,​ ​​ anyone​ ​holding​ ​Ethereum or Bitcoin​ ​at​ ​that​ ​point​ ​will​ ​receive​ ​a certain number​ ​of​ ​free​ ​e-tokens.​ ​This can also be done on other blockchains, but Ethereum and Bitcoin are the most used for this airdrop format.

Other (often smaller) airdrops require social media posts or you need to contact a member of the team on the Bitcointalk forum. This form is gaining more popularity since September 2017. It's currently a hype to just fill in a google form with your email, telegram, twitter & wallet address to get free tokens. This format is often used for new crypto projects that are using airdrops as a marketing campaign."
-credit to Pokernomad on Steem

To get started up on getting airdrops you will need some things to get started off:
1. Telegram account
2. Twitter/Facebook Account
3. BTT account (obviously you already have that!)
4. MEW or Metamask wallet to store ERC-20 tokens. - a link for metamask can be found here: https://metamask.io/
5. WAVES platform wallet (only for some airdrops) https://wavesplatform.com/
Bounties are the reward for a paid work as being a translator, sharing posts etc.
Thanks very much for ur answer I was also confused about it.
Title: Re: ICO , Airdrops? And bounties?
Post by: pationex on October 11, 2018, 04:55:19 AM
ICO is a fundraising project that requires investors to hand over a number of coins. Bounty and airdrop more or less have the same meaning, the difference is only in the process. Bounty and airdrop are investing energy and mind to campaign for projects in return for coins.
Title: Re: ICO , Airdrops? And bounties?
Post by: Goku01 on October 11, 2018, 06:30:59 AM
Quote from: HBKMusiK on March 10, 2018, 12:01:12 AM

To get started up on getting airdrops you will need some things to get started off:
1. Telegram account
2. Twitter/Facebook Account
3. BTT account (obviously you already have that!)
4. MEW or Metamask wallet to store ERC-20 tokens. - a link for metamask can be found here: https://metamask.io/
5. WAVES platform wallet (only for some airdrops) https://wavesplatform.com/
Bounties are the reward for a paid work as being a translator, sharing posts etc.

You discuses about vary well  but this 5 are not the only requirements. Every airdrop has their own special rules. You have to follow all the rules to get the airdrops. They can tell you to create a wallet at their own site,like at linkedin, medium , GitHub. You have to follow all the rules.
Title: Re: ICO , Airdrops? And bounties?
Post by: altery0518 on October 11, 2018, 03:37:55 PM
Quote from: sakib.bro on March 08, 2018, 06:37:27 AM
Anybody can explain to me what is that? I just heard from my other friends.
please help me to understand it

In my own opinion, ICO is a fund raising or selling of tokens of the project while Airdrops and bounties are campaigns used to advertise the product or the project to be known to investors.
Title: Re: ICO , Airdrops? And bounties?
Post by: medina on October 12, 2018, 04:53:49 AM
I see, forum account, telegram , facebook, and twitter are required to take part in airdrop and giveaways. I have all of them.
Please tell me more how to work on this forum, do the task and earn some money ? Thanks in advance
Title: Re: ICO , Airdrops? And bounties?
Post by: JasmineRose on October 12, 2018, 02:49:14 PM
Quote from: sakib.bro on March 08, 2018, 06:37:27 AM
Anybody can explain to me what is that? I just heard from my other friends.
please help me to understand it

I will give simple explanation
Airdrop: to get token, you don't need money. It's free
Bounty: to get token, you don't need momey. It's free but you must a little work or to be promotor
ICO : to get token, you must have money, you must buy , but you don't need work.
Title: Re: ICO , Airdrops? And bounties?
Post by: Dacosta on October 12, 2018, 04:52:52 PM
ICO simply means; Initial Coin Offering for the early birds of the token. It usually comes with high bonuses.
Airdrops are given freely to participants and bounties are done to spread the news about the project
Title: Re: ICO , Airdrops? And bounties?
Post by: gnojda on October 13, 2018, 07:53:01 AM
Quote from: sakib.bro on March 08, 2018, 06:37:27 AM
Anybody can explain to me what is that? I just heard from my other friends.
please help me to understand it
for me an ICO Airdrops provide a token free of charge as long as you fill out their form many are looking for Airdrop because they provide tokens that are free and have a premium on the market.
Title: Re: ICO , Airdrops? And bounties?
Post by: onepiece on October 16, 2018, 05:23:03 AM
Bounty and airdrop are participants who join an ico. They work for ICOs and are paid with coins. While the ICO is a company that raises funds to develop their coin projects.
Title: Re: ICO , Airdrops? And bounties?
Post by: wokee12 on October 16, 2018, 05:44:40 AM
Joing airdrop and bounty for free then participate in ICO if got the payment from airdrop and bounty, good idea right?