Will the Bitcoin Cash community receive airdrops?

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10 months ago

Now that Bitcoin BCH is capable of having DeFi on its native chain it is time to talk about future airdrops and why you would want to participate in everything that is related to Bitcoin Cash if you are invested in it.

All the NFTs collections that are being sold right now on TapSwap may or may not end up having some airdrops for those who were early investors into those projects, or even some of those NFTs projects could move into SmartBCH once sBCH gets its act together and proposed something similar to a utility token utilizing both technologies.

ODoge was a meme NFT printed on Bitcoin Core Ordinals protocol and they moved some utility to the Ethereum network by publishing a utility token that now can be traded on EVM networks, and they even tried to launch on RSK centralized exchange Sovryn or DINO because they are centralized micromanaging exchange now. Something similar could be done with any NFT collection being printed utilizing CashTokens. Many would like to tell you that SmartBCH is a rug sidechain, it is and will continue to be at such risk because its first bridge was centralized utilizing CoinFlex, and the current bridge is being backed by Binance-Peg BCH token which again is another custodian. But the possibility exists that tokens would be printed on layer one to later be moved into sidechains and EVM networks.

RSK may be having its own UNI moment because there is a new DEX called Ichiban which right now has almost zero users but they could end up releasing a token and running an airdrop for those who participate on their DEX by trading and providing liquidity, I would advise against it because it is new and unproven. Now back into Bitcoin Cash-related stuff. Those that have been utilizing SmartBCH and Binance Smart Chain could end up also receiving airdrops because BSC is still a work in progress and that means some developers could be creating tools that may end up having a future too. I will point to the DeFiLlama aggregator of many other aggregators.

From my book SmartBCH is part of the Bitcoin Cash ecosystem many may hate it right now because of all the issues it has but if they get fixed, if those issues get fix no one here will give any free money and crypto it is not a free launch thing either that means everytime you buy a project you risk your investment going to zero because the project didn't pick up enough user base.

So I would recommend you have an open mind to everything related to Bitcoin BCH and if possible to participate on the new incoming projects because you never know what will stick and what will not, You don't need to go crazy a $10 investment could end up yielding you more than what you could imagine if you have an open mind and the willingness to risk just a small part of your total cryptocurrency investments.

You don't know if buying a BCHGuru NFT will be a waste of money or a future 100x NFT project not just because the art itself appreciated in price but because other projects adopted the art as part of their strategy to attract new users. You don't know if those using the BlockNG bridge would get any airdrops because at some point they utilize Dogechain, ETH and BSC. I am just sharing so that you are in the know.

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