The idea of free cryptocurrency has been going around for a while now and most people do not have adequate information on how it works. Because of the little information they have, they have decided that it is unreal to get free cryptocurrencyand do not want to hear anything about it. However, taking a look at the cryptocurrency, one would observe that there are certain methods through which one can get free cryptocurrency and one of them is through airdrops. So what is an airdrop?
An airdrop in the crypto world is a process whereby a blockchain project decides to distribute or share free tokens or coins. There are basically two ways this process can take. The airdrop could come by surprise to loyal customers and followers and it can also be announced before hand. When it is announced beforehand, the aim is to create a buzz around a new coin and enable the coin to get new followers and relevance in the crypto world. However, when it is done as a surprise it is usually by established blockchains that use it as a means to reward their existing followers and customers. For pre-announced airdrops, a number of tasks must be accomplished by the customer in order to be eligible for the airdrop. But for the surprise airdrop there is usually no requirement or tasks.
Another way of getting free crypto currency is through the redenom project. Redenom is a revolutionary financial and economic paradigm, that is based on the blockchain technology in combination with the principle of redenomination and also zero-sum game. The aim of this technology is to create value through a multi-stage process of redistribution of resources. The redonmination process is simply a process whereby the last decimal order of the value of NOM tokens is liquidated at pre-determined intervals and redistributing it between the various users. The redenomination process helps to increase the values of the NOM tokens and this encourages the users to get involved so that they can become richer.
How can get get involved in the redenom process?
In order to get involved in the redomination process there are certain steps you will need to take. If you want to benefit in the Redenom DAO Fund and also benefit from the subsequent distribution of the shares then you need to have a NOM token of more than 1 in your account. If you meet this requirement you can then proceed to complete the KYC Procedure. When you complete this procedure, you must participate in the blockchain voting process. If you take all these steps then you will be qualified for the redenom process and whenever there is a redistribution, your account will be credited with free tokens. Also, the redenom project also helps you to create your own airdrop and participate in others.
Free cryptocurrency is not a myth, it is a possibility and now you have been equipped with the knowledge you need to partake of this opportunity. Airdrops and redomination are ways through which you can obtain free coins.