Today we’re going to be talking about a project called Dripdropz dot.io. This project is very important for every single Cardano investor. İf you invest in Cardano, you need to familiarize yourself with this platform.

The reason why this is so important is that Dripdropz will allow you to claim free airdrops. Completely free, there are no catches whatsoever. You don’t have to make an account even.

You don’t even have to put your private keys or whatever you want, connect your ledger, or do anything with your actual wallet other than copy and paste.

İn this article, we’re going to go over exactly how to use the platform. Then, I’m going to claim my own airdrops that I’m eligible for and exactly why this is so powerful for the Cardano ecosystem.

How To Use Dripdropz

What you are seeing right here is the Dripdropz dashboard. When you go on a website, so all you have to do is copy and paste your ADA address. That’s all you have to do. It’s so simple.

You can check what kind of drops you are eligible for. How it determines which airdrops you will be able to get claimed. İt’s basically based on the isp or stake pool you are part of currently.

I’m part of the ADA finance stake pool to delegate my ADA for their native token. So whoever is part of the ADA of finance stake pool will be able to have the tokens that are listed right here to be claimed.

As I said, it all depends on the stake pool you are joined. So drip is their native asset bison is a meme token; I’m guessing the airdrop bites into every single person on Cardano. That’s my what my guess.

You have a lot of coins that we haven’t heard of. Keep in mind that there are many like complete meme tokens and coins that don’t have any fundamentals, like stripper coins.

I did get a husky airdrop, but I had already claimed that and some other things before. But basically, you can only claim a maximum of ten. So once you claim 10, you just click which ones you want.

Once you do that, you will click “clean my drops”.

Once you send your five ADA or whatever many ADA you have to send about three minutes later, I receive their asset. Plus three ada. So you basically only pay for transaction fees.

So I got the list of tokens I claimed. İ got a husky, I got some of these random ones, and if you want to see them in your assets section, you can see them in the dashboard. İt’s super simple. Took three minutes for me to get it, and it’s 100% legit, and you have no chance of getting scammed or hacked whatsoever.

Why This Is Powerful

The reason why I think Dripdropz is so powerful is that it incentivizes crypto investors who are invested in Cardano to take their ADA off of exchanges and put it into stake pools, and start delegating using Cardano native wallets.

Before Cardano, investors knows that they could get free airdrops and sometimes could be worth thousands of dollars by not doing anything. That’s going to really incentivize them to start paying attention and start using a Cardano ecosystem by staking and delegating using Cardano wallets.

The potential for Dripdropz to disrupt Cardano’s ecosystem is going to be very high. And the reason why I say this is because right the current environment for Cardano stake pools is that it’s consistently getting moved around.

So people who are delegating their their ADA to stay pulled right or staking their ADA they’re consistently moving it around trying to find the next big meld project or sundaeswap isp or whatever some next s-tier projects that they can delegate their ADA and get native tokens as a reward.

Because of that, it really hurts small stake pools operators because if you’re a small stake pool operator, the only thing you can really offer is just a stake that you can return on your ada.

So you can get paid in ada. That’s about it. İt’s very boring it’s very average. But there are more incentives when you have other projects like meld or sundaeswap that had their ispo or will be having their ispo use.

Because the price discovery can be a lot higher and people can get more of a return on their investment by delegating their ADA rewards to these ispos.

Obviously, because of that, these small stake pool operators they don’t get much attention and honestly, the more stake pool operators that we have, the better for decentralization.

What Dripdropz allows projects like meld, sundaeswap other Cardano native assets to do is strike deals with smaller stake pool operators.

By striking deals with small stake pool operators, participants who are delegating their ADA in that stake pool can get exposed to those airdrops of those other Cardano-based assets. Again, these projects are built at Cardano that are going through an ispo.

The opportunity to get their airdrop without having to switch pools. And when you have big names like Sundaeswap, that has a lot of anticipation and hype. That means there’s going to be a lot of people that are going to switch stake pools to the ispo for sundaeswap.

They will hurt in the short term but what I’m saying is that this can open other doors and other opportunities other methods for these projects to airdrop their tokens.

Liqwid Finance Example

I’ll give you an example when you look at the airdrop process for liqwid finance liqwid finance use Dripdropz as a way to airdrop their native tokens to people who join their discord by a certain time.

In this process, I was lucky to be one of the people who got the airdrop, and the process was super simple, and there were no headaches at all trying to clean my airdrop for liqwid finance.

Final Thoughts

My final thoughts on this project are that it will do wonders for other Cardano-based projects to launch your token.

We’re starting to see a lot of Cardano based projects defi platforms, nfts, lending platforms. So we have all these kinds of decentralized applications that are starting to really wrap up on Cardano’s ecosystem.

This month or next month, we’re going to have pab pluto’s application back instructor will release that tool is going to help amplify. Help increase the development exponentially on Cardano.

That’s why I think 2022 is going to be one of the biggest years for the Cardano development process.

Because we have to understand that smart contracts got introduced, some developers are hungry, building out the ecosystem trying to create that infrastructure, being one of the key pillars of the Cardano ecosystem for users to use.

It’s important to keep up to date with these kinds of platforms these projects that are coming out because it’s going to help you take advantage of Cardano’s ecosystem at a very early phase.

I think you are very early if you’re reading this right in 2022. You are an early adopter of Cardano’s ecosystem. Unfortunately, there’s a lot of hate. There’s a lot of fud going around on Cardano and overall in the cryptocurrency space.

I think those people are just uneducated about what Cardano is doing. And it’s easy to say that Cardano is not a good investment or it’s a ghost chain. When in reality, it’s not. That’s not the case anymore.

Dapps, decentralized applications are being built every single day. So İt is moving very fast. And based on ethereum success, these developers they know what to do. They know where to go at this point.

It’s just a matter of time and waiting because the science, the research have already finished. We’re just reading everything start to come into place.

Note : This article was created from Crypto Buff channel. You can reach original content from Link

Lukas Moore