Note: Remember, airdrops are free crypto. Companies use airdrops to promote use and awareness of the coin. Investors hope the coins rise in value. There’s no risk in play here. But there are potential rewards.
Airdrop Recommendation: VEE
Dear First Stage Investor,
Today’s airdrop is VEE (VCOIN), via Airdrops.io. VEE is airdropping 75 VCOIN (roughly $5 calculated in private sale price) to a maximum of 10,000 participants. Participants can also invite an unlimited number of friends and receive 15 VCOIN (roughly $1 calculated in private sale price) for each referral.
How It Works
Blockchain critics like to call the blockchain the slowest, most expensive database ever created. It’s an unfair criticism. Blockchain technology needs to become faster and cheaper to gain widespread commercial adoption. But so did the internet. There’s a reason why IBM and Maersk are building a global shipping and logistics platform based on blockchain technology – it’s the best tool for the job.
Fortunately, many of the best and brightest computer minds out there are working to improve the speed, stability and scalability of blockchain tech.
VEE (Virtual Economy Era) is one of those companies. Its stated goal is to “re-architect” the blockchain by solving scalability and stable performance problems. To that end, the VEE team has created Supernode PoS (proof of stake), an expanded main chain that supports thousands of transactions per second. VEE envisions a future where the economy is built on billions of service-oriented blockchains.
VEE’s architect, the pseudonymous Sunny King, is a legendary blockchain developer and creator of PoS consensus. In September, when CoinDesk asked King what he tried to achieve with the Supernode PoS, he replied:
VEE takes a good look at the barriers of building blockchain applications and tries to streamline the process and expand the ecosystem, so at some point we can say using blockchain technology is as easy as using a database.
What’s not to like? Scalability and speed are some of the blockchain’s biggest problems right now. If VEE can use its Supernode to create a whole new digital ecosystem, it would be a major step forward for the industry.
VEE’s main network launched in September, so it’s already out in the world, fighting off threats and making improvements.
The company is very active on Medium and Twitter, posting frequently about updates, bug fixes and mainnet development progress.
King is known for challenging the PoW (proof of work) mining system and pushing PoS as a more energy-efficient solution. His thinking has influenced ethereum creator Vitalik Buterin, who liked the concept and has been working on a PoS system for ethereum since 2014.
In addition to King, VEE is led by CEO Alex Yang, a Peking University grad who has a Ph.D. in mathematics from Northwestern. He has 14 years of experience in banking, investment and fintech industries. Core developer Kate Shan, with degrees from Beijing University of Posts and Telecommunications and the University of Chicago, worked as principal software engineer at Oracle and as a consultant at Accenture.
Why We Like It
In terms of airdrops, this is the best you can ask for – a proven team working on addressing the critical issues facing blockchain technology. That’s a recipe for success in investing. And we like it even more for the airdrops.
How to Claim the Airdrop
The best way to claim your airdrop is to go to VEE’s airdrop page on Airdrops.io and follow the directions there.
You’ll have to complete all of these steps to claim the airdrop.
- Join the VEE Telegram group and Airdrops.io Telegram channel.
- Follow VEE on Twitter and Airdrops.io on Twitter.
- Retweet the VEE airdrop tweet (optional).
- Create a VEE wallet here. (There is a hot wallet and a cold wallet option.)
- Answer the human verification question correctly.
- Fill out the airdrop form, which will include your email, Telegram username, Twitter handle and VEE wallet.
Note: You are not eligible to join this airdrop if you’ve participated in a prior VEE airdrop round. Also, the airdrop requires that you have a Twitter account with a minimum of 100 followers, and the account must have been created before November 2018. It’s tough if you aren’t Twitter-savvy, we know. But we still think it’s a worthwhile airdrop. If you’re short on followers, follow Early Investing on Twitter (@Early1nvesting) and tweet @Early1nvesting that you want your VEE airdrop. We’ll retweet you and hopefully get you some followers.
Assistant Managing Editor, First Stage Investor