DeFi: Everything You Need to Know to Launch a Crypto Token and How’s airdrop run?

First and foremost, launching a token requires a lot of processes: blockchain development, website development, content writing, marketing, numerous stages of testing and debugging, among others.

Therefore, if you want your project to be a successful one, you need to gather a team of professionals who know a great deal about their respective industries and have a lot of experience managing similar roles. That being said, there are other equally important steps you need to take, and we’ll be touching upon some in the rest of this article.

Both coins and tokens are cryptocurrencies, but the difference is that coins like Bitcoin, Dogecoin, or Ethereum all run on their own blockchain technology. Blockchain is a digital ledger that stores data related to transactions in blocks. Each block is connected to the previous one with a unique hash code.

Tokens are a digital class asset that runs on top of a pre-existing blockchain. For example, Ethereum is a blockchain technology, and its native token is Ether. Just like Ether, there are several different types of tokens that run on the Ethereum platform.

Coins run on their own digital ledgers and hold value in the sense that they are used to transfer wealth. Tokens, on the other hand, rely on an existing underlying network to operate. Unlike coins that only exist digitally, tokens represent contracts for almost anything, even physical objects like tickets to a concert or redeemable flying points.

How are crypto tokens released?

Tokens are released through a process known as an initial coin offering (ICO) which is similar to an initial public offering (IPO). The token is introduced via crowdsales, and one can buy publicly available tokens even after the ICO has ended. Any new token that is to be created is introduced through crowd-sales and anyone can create them. Interested people will invest in or fund the token using existing coins. This can, however, be a risky affair as anyone who runs a crowd-sale can simply run away with the money from investors.

How do airdrops work?

New blockchain-based companies first start promoting airdrops for their virtual currency on their website or a cryptocurrency forum. After creating awareness, the company sends the coin or tokens to established cryptocurrency wallet holders.

Now, you may wonder how the company decides who to send the tokens to. Well, there are a few factors that can influence this decision.

How to Track Your DeFi Coins and Tokens with the Rest of Your Investment Portfolio ?

From day one, the team at DeFiAi has been committed to helping our customers track all of their assets in one place.DeFiAi is a decentralized, multi-strategy, high-yield aggregator that can help users intelligently complete DEFI lending, leverage mining, capture high-yield mining pools from time to time, automatically complete compound interest, and generate ultra-high returns.

As a revenue aggregator, DEFIAI opens up the DEFI protocol at the bottom layer, so that users can obtain the highest revenue DEFI products on the market. DEFIAI invests the pooled funds into major DEFI head platforms and obtains the maximum return through automatic position adjustment.

Value Defi Token Giveaway!

DEFIAI will conduct an Airdrop Program. All early adopters will get abundant of $DEFIAI tokens in the first quarter of the year 2021. Existing users will be eligible to enjoy a large amount of free DeFiAi token. Alongside with this event DEFIAI smart contract will be audited by Certik, the most trusted blockchain auditing firm.

On the genesis stage of DEFIAI, only 40 million of $DEFIAI token will be issued. There was no dumping at the early stage, No private sales, no presales, and no whitelist. Airdrops are only available to pioneer DeFiAI users. All updates and information can be found on DEFIAI official Telegram group.

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