Airdrops

have become a popular term in the realm of crypto. An airdrop distributes cryptocurrency tokens to the wallets of some users free of charge. They are usually carried out by blockchain-based crypto-startups to bootstrap their projects. Also, established blockchain-based enterprises like cryptocurrency exchange platforms and wallet services can also carry out airdrops as well. Examples of airdrops include Bitcoin Cash and Bitcoin Gold (both of which airdropped from a snapshot of those who held BTC.) As more projects develop, and new protocols emerge, I want to discuss the LOOPRING protocol token that could be great to hold in order to benefit from its 3x airdrops in the next months.

LOOPRING - listed as top 3 airdrop token

LRC - Loopring protocol is building a decentralized automated execution system that trades across the crypto-token exchanges, shielding users from counterparty risk and reducing the cost of trading. LRC is an ERC20 token (built on Ethereum network), but AIRDROPS for LRN and LRQ are to support cross functionality for both NEO and QTUM. LRC could be a good connector, and receiving airdrops of future network support tokens could be a big advantage for those that hold Loopring. LRC trades at $0.78 on https://www.binance.com/trade.html?symbol=LRC_BTC at the moment.

The protocol allows you to create your own token in few minutes, simply following the steps here:

https://medium.com/loopring-protocol/want-to-issue-erc20-tokens-without-coding-here-is-how-you-do-it-in-1-minute-2397704856b7

Loopr2 wallet test's coming to the final stage.

Here are the steps how to participiate in their airdrops

https://medium.com/loopring-protocol/how-to-bind-addresses-to-receive-lrn-lrq-airdrops-293ca550e00b

AS Always,

make sure to do your own extra research, and ensure to follow specific instructions given by the project teams themselves!