In LoMoStar, when companies provide airdrops to users they are not just simply giving coins away, they are being plugged inside a unique, authentic and growing ecosystem. There are several advantages of this innovative airdrop method over the conventional airdrop methods.

Airdropping tokens

Airdrops are a very common strategy to gain attention, be it inside or outside of the cryptocurrency industry. Nevertheless, many times a high budget is required to be able to attract a significant amount of authentic community members. LoMoStar, however, provides an unique way to perform airdrops within a community of hundred thousands of people around the world. Projects are able to airdrop their own cryptocurrency and people themselves are also able to airdrop several cryptocurrencies to, for example, promote their own group, brand, service or product. By realising an airdrop in the LoMoStar app, attention and followers are guaranteed. Most importantly, these airdropped tokens will only be distributed to real users — not bots.

Real users

In many crypto communities, bots and fake users are a big problem. They spam inside chats, scam people, and they negatively impact on the development of a vibrant and an engaging ecosystem. Every user who want to use LoMoStar has to go through certain levels of KYC inside the app.

Example of an account that has gone through (level 2) KYC

LoMoStar is also moderated by customer service employees and if people violate the rules then they will be excluded from using the app. This has different advantages in comparison with other messaging apps and crypto communities — such as having a spam, scam and bot free environment. In addition, these real users also engage with the project that have performed an airdrop. With conventional airdrops, the tokens are simply preserved and the recipient does not make further efforts to know more about the project. In LoMoStar, these airdropped coins or tokens are integrated into an ecosystem and are still in “use” even after the airdrop, be it through further airdrops within the community or through the T2T / OTC function.

Community building

One very important aspect of LoMoStar is the growing communities and different groups that are forming inside that app stimulated by LoMoStar’s social economy design. Creators of groups can create their own goals and use-cases inside the app similar to the subreddit function on Reddit while being integrated with cryptocurrencies.

The group “LoMoWorld” is an example of a growing community allowing everyone a chance to share, attract followers, earn crypto and build social relationships. Many unique and fun events have been organised and thousands of users have participated (see more on www.lomo.world).

Besides users creating their own groups, many companies have also joined the app. They airdrop their coins inside the ‘World View’ which can be seen by all registered users. What makes airdrop unique on LoMoStar is that people have to actively open these envelopes to get their rewards, not knowing how much they will receive. Regular users will therefore be more rewarded by being more aware when these coins are being airdropped by companies or by other users. Moreover, once you open an envelope you automatically follow the creator of the envelope and are added to their group. Usually this means that when companies airdrop their tokens they quickly get tens of thousands of users to join their group which they can communicate and interact with directly.

Unique wallet with wallet support

Once your token are airdropped in the app, all users will have your wallet integrated on their phones and are able to securely exchange these tokens or store them inside the app. This means that hundred of thousands of users are able to know about the companies’ project. Also, you are also able to click on each project and read more about their offerings. If there is any technical support needed (e.g. a chain swap or fork), then LoMoStar will assist these projects.