Building Better Crypto Networks with Radical New Ideas: The Lockdrop

Image Copyright: Edgwa.re

Early Experiments of Airdrops Failed

Image: Foam
Image: MolochDAO

Entrustment — A new way?

Edgeware

Edgeware founders: Raymond Zhong and Dillon Chen

Lockdropping and Signalling are, in essence, a way of entrusting the network with your assets. You don’t get access to the your pledged collateral until the network is launched and operating, thus you have skin the game and are now involved, with little downside or risk.

  • increases the chance of regulatory compliance to avoid being shut down.
  • filters the right participants most likely to use their token.
  • avoids speculators and dumpers by locking them in.
  • is decentralised and permissionless to avoid security issues
  • gets a wide distribution as possible, regardless if the market is in bull or bear mode.

The whole Lockdrop and Signal process feels much more in line with the radical experiment which was the ICO.

ChainX

The New IPO?

The Key Token Holders: Validators

TL:DR

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KR1 plc is Europe's leading publicly listed investment company focused on blockchain and decentralised technologies (KR1:AQSE). KR1 was founded in March 2016.

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KR1 plc

KR1 plc

KR1 plc is Europe's leading publicly listed investment company focused on blockchain and decentralised technologies (KR1:AQSE). KR1 was founded in March 2016.

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