Here are a couple of interesting keywords to notice – airdrop and TRX based token. Usually, new tokens are more inclined towards ERC20 and ICOs. However, Tarush has opted for a different approach. Just for explaining things more clearly to the newbies, let’s have a look at each of them.
Exploring the TRX platform and airdrop
Please note that in order to roll out a TRX based token, developers must take care of two standards. Firstly, TRC10 protocol is used to create a token and in order to create smart contracts, TRC20 is used. It is also worth mentioning that both of these protocols are fully compatible with all ERC20 based digital assets and hence, the use cases are quite extensive.
If you are curious as to why Tarush decided to go for Tron instead of Ethereum or other blockchains, please be advised that the technology it offers for managing a P2P network is quite decent and industry experts have also commended it whole-heartedly.
Moreover, it should also be noted that the platform allows developers to write smart contracts in solidity, hence providing a seamless transition for Ethereum-based developers. It is pretty evident that even though Tarush aims to offer the sheer efficiency promised by Bitcoin, it will (more or less) opt for the technologies used by Ethereum developers. This is to ensure that the maximum number of ventures can get onboard with us.
Since we are talking about efficiency here, the most important factor is throughput. While ETH and BTC networks are limited at roughly 25 and 4 TPS, respectively, Tron is offering approximately 2000 TPS and aims to touch about 100,000 in the near future. Hence, enabling Tarush to offer its clients the same efficiency.
Every second crypto venture is going for ICO, but we have confidently applied the airdrop marketing model. The primary reason is pretty straightforward – we do not have a ‘core’ team and nor do we plan to keep any of the funds. Our motive is to incentivize the community and foster the most efficient usage of cryptocurrencies.
Let’s have a look at what actually is an airdrop and how is it better in different aspects.
Unlike an ICO, everyone gets an equal amount of tokens. If you look at it, airdrop cultivates an environment of equality where centralization is not an option. Therefore, even if you can afford more, Tarush will allow only a set percentage of tokens for you.
Well, that doesn’t mean we don’t reward loyalty. Of course, we do! Before going into more details, please note that in an airdrop, tokens are released for free. However, in an ICO, you need to express your buying power to purchase the tokens.
So first of all, we do not only incentivize by giving away free tokens, but we also reward these wallets for being the earliest adopters. The longer you hold your tokens, the more you will be rewarded in the long run. It’s that simple and free!
If someone tells you that airdrops are carried out merely for creating a hype, it’s perfectly right. We do need to buzz the industry by creating a hype. But try to imagine what you could get by just being a part of this hype. You could end up being a billionaire for free! That’s a difficult thing to achieve otherwise. So why not give it a try?
Details regarding Tarush’s airdrop
Potential token recipients are always excited to know more and more about an airdrop. So please note that Tarush is quite generous in this regard.
At the end of the airdrop campaign, here is what you will get:
- If the system picks up your wallet for a generous “giveaway”, you will get 100,000 TAS tokens straightaway – without doing anything!
- If you send 2 million TRX to any TAS’s wallet address, then you would get a billion TAS tokens!
This is simply amazing – there are very few ventures literally “giving free money” accounting to billions of tokens. I am sure you don’t want to miss the opportunity.
Please note that if you want to be a part of this campaign, you require a TronLink wallet and it must contain at least 0.1-0.5 TRX tokens for covering the airdrop transaction fee.
Why does the industry need more airdrops?
Short answer? To prosper and diversify the holdings.
ICOs are already in the limelight for being fraudulent and illegal in many countries. Their future also stands uncertain because of the regulatory frameworks being implemented to limit their scope. In such a scenario where government agencies are ‘raiding’ ICO marketplaces, it is simply ‘foolish’ to invest in them anymore.
What’s even more alarming is that all ICOs are public and some venture capitalists do not want their details rolling out on public ledgers.
Well, airdrop happens to be a perfect solution in that regard, particularly when it comes to investor anonymity. Moreover, it also offers reasonable liquidity since VCs do not have to lock their tokens.
Tarush’s airdrop will last from 3rd April 2019 until 3rd May 2019, so you are highly recommended to follow our Twitter handle, stay tuned on Telegram and visit our website to get latest updates and reap the maximum benefits.