3 ms·
I gave you everything you needed to know! Uniswap airdrop! $500k profits! The rules of the airdrop are published! If none of this makes sense to you then you ar
by seibelj 6y ago
I gave you everything you needed to know! Uniswap airdrop! $500k profits! The rules of the airdrop are published! If none of this makes sense to you then you aren’t even remotely in the crypto space. Uniswap is the biggest dex in the world! Do 20 minutes of googling
- strogonoff 6y agoI believe I already know everything I need to know here. I am concerned not about myself but those susceptible to being persuaded by statements a la “my friend made 6 figures” with no further substantiation, especially in these troubled times.
- seibelj 6y agoYes - you are yet another person speaking authoritatively on a subject while knowing basically zero. As an added bonus you freely admit you have no intention of learning anything, either! I have my public name here and my reputation in the industry carries my statements.
- vvpan 6y agoHis friend didn't "make" the money. The token was airdropped to every account that ever used the exchange or has provided liquidity. I had two accounts with a couple of transactions each - bam a nice surprise of a few thousand USD worth of value. It's very odd and unexpected. I never make money off of crypto but perhaps it just pays to be in something new. Right time and right place as they say.
- gambiting 6y agoI just don't understand - where is that money coming from? You said you suddenly and unexpectedly got a few thousand USD - that sounds to me like someone on the other end, somewhere, just got scammed out of few thousand USD? It can't be just investor money being randomly deposited into accounts "for the lulz"?
- strogonoff 6y agoThe USD figure is more akin to valuation of a company than that amount of USD in hard currency. Probably not inclusive of expenses and risks associated with converting it into cash. How that value is earned and calculated are interesting questions.
- vvpan 6y agoNobody got scammed. It's pretty much like an IPO. The project distributed tokens, not dollars. Coinbase and a few other exchanges listed them and trading started with the tokens fetching a certain price. I sold some on Coinbase, got money - that's it. The token is a "governance token" and I, personally, don't see much value in it but I do not follow this too closely. In theory the token gives the holder a future say in the direction of the projects and maybe a cut of the profits.
- strogonoff 6y ago> Nobody got scammed. Not directly, but to a hypothetical criminal with millions of USD in illegally obtained currency investing into tokens, hyping said tokens (including, of course, giveaways) and then selling tokens on a peak could look quite compelling. I presume typically laundering loses money, but in this case it could even be possible to make a profit.
- strogonoff 6y agoHandout instead of profit, few thousand instead of half a million USD value—we are moving into a more realistic territory.