Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ Privat Sale ] ICO YouGive 23 JULY SINGAPOOR
by
PumpDragon
on 21/08/2018, 13:32:57 UTC
What does airdrop mean?
It is when ICO conduct free distribution of tokens for all participants
Thanks, now it's clear for me. I have difficulties with all this "Crypto-terms" due to language barrier. But why they do it? It is not profitable...
For marketing purposes. It helps to attract a lot of people in their social networks and telegram-chat. It works like grapevine as a result
Thanks, now it's clear for me. But it isn't it unsafe for the token? A lot of people will sell it after ICO and token will end up with decreasing the price
They usually allocate 1-2% of tokens for this purposes, it doesn't reflect on token's rate generally