CoinDesk’s Airdrop Article Is Misleading
▻https://hackernoon.com/coindesks-airdrop-article-is-misleading-ec9e71d670?source=rss----3a8144e
Source: ▻https://www.ethnews.com/cryptocurrency-airdropsI stopped this morning to get my cappuccino and croissant at Verve and opened up my laptop to read CoinDesk, one of my favorite blogs on the crypto industry. As I was sipping my cappuccino, I came across an article, “So Long ICOs, Hello Airdrops: The Free Token Giveaway Craze Is Here,” written by Brady Dale.Normally, I scan these blog posts and continue to sip my coffee, but this time I paused, intensely reading how Dale praised the practice of airdrops and how ordinary people can get free tokens just for signing up. How sweet.Except an airdrop transaction violates securities rules because the company is not offering free tokens. In most cases, they are asking for users to perform an action, which is a “consideration,” or payment in (...)