FinTech Magazine August 2019 | Page 42

A LOCKDROP :
BLOCKCHAIN
42 good distribution of tokens to a quality cross section of code writers and node runners and evangelists . Why could this work ?
A LOCKDROP :
• Increases the chance of regulatory compliance to avoid being shut down . It filters the right participants most likely to use their token .
• Avoids speculators and dumpers by locking them in .
• Is decentralised and permissionless to avoid security issues ( with KYC for example ).
• Gets a wide distribution regardless whether the market is in a bull or bear trend .
A lockdrop is like a loan you get paid back . You get the extra tokens and it has the anonymous element of an ICO ( which worked so well ). So , once you have locked your Ethereum , you are in the community .
So far , at the time of writing , over
AUGUST 2019