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Viuly’s VIU Token Airdrop To One Million Ethereum Wallets Begins, Trading Starts November 19th

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Viuly’s VIU Token Airdrop To One Million Ethereum Wallets Begins, Trading Starts November 19th

Post by Vladdirescu on Tue Nov 21, 2017 1:51 am

Online video solutions firm Viuly is in the process of initiating the beginning phase of its platform launch as it sends out its native VIU tokens to one million Ethereum wallets.

The platform’s team created a snapshot of the Ethereum blockchain on November 5, and with it they identified Ethereum addresses holding between 0.1 to 3,000 ETH as eligible for their so-called automated “airdrop.”

Airdrops are a marketing strategy that startups sometimes use -- it's basically​ ​when​ ​a​ ​blockchain project ​decides​ ​to​ ​distribute​ ​free​ ​tokens,​ ​or​ ​coins,​ ​to​ ​the​ ​community in hopes of shining a light on their platform. Since November 12, the Viuly team has distributed tokens at a rate of 20 VIU for every 1 ETH held in these wallets (capped at 60,000 VIU).

VIU tokens also began trading on popular Bitcoin and cryptocurrency trading platform Bit-z on the 19th of November.

The token distribution campaign is expected to be complete by November 21, and expects to have culminated in a complete distribution of 500 million VIU tokens to 1 million unique personal Ethereum wallets. Viuly is hoping that this strategy maximizes its reach to its potential user base and accelerates the adoption of its video sharing platform.



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Re: Viuly’s VIU Token Airdrop To One Million Ethereum Wallets Begins, Trading Starts November 19th

Post by Vladdirescu on Fri Dec 08, 2017 6:51 pm

Decentralized Video Platform: Viuly Successfully Completes Airdrop to 960,000 ETH Owners

Airdropping tokens is a good technique to allow mass adoption of your platform throughout the crypto community. While most new coins launched on the Ethereum blockchain or even on their new blockchain fancy an ICO-style introduction into the market, we have seen what happens with the value of their tokens. They mostly plummet after entry into the coin market and are forgotten within a few weeks and continue to lie in obscurity for the foreseeable future.

There is another way of building your platform that involves constant hard work and bottom-up approach rather than top-down approach and that is usually displayed by new startups aiming to airdrop their tokens rather than hold an ICO. By giving tokens to the crypto community, they aim to spark their interest in the platform and then build that interest into a working community that benefits from the setup and gets rewards through their hard work.

Viuly, a blockchain-based decentralized video platform has just finished airdropping tokens to almost a million ETH addresses. Everyone who had some ETH (0.1 or more) in their wallets were eligible for the airdrop and the Viuly team had come up with a record on November 5 for this purpose. If anyone had some ETH in his account at that point, you are likely to be rewarded with the Viuly tokens.

But how can you access them?

You can find answer here: https://coinidol.com/decentralized-video-platform-viuly-successfully-completes-airdrop/


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