So another day another Airdrop in the world of cryptocurrency. If you're an avid follower of the market you'll know by now that an Airdrop can be a lucrative way to get some skin in the game early before the ICO and the coin hitting the exchanges.
This time it's Choon's turn to Airdrop tokens to its potential user base. They are inviting earn.com users to join the community and sign-up for the Choon airdrop. The first 7,000 users to complete this task will receive 50 NOTES (equivalent to $2.50 at TGE). The tokens will be distributed by August 1st, 2018.
How to claim your Choon tokens
- Sign up to earn.com
- Subscribe to their Airdrop list
- Once you receive the Choon airdrop inviation in your inbox comlete the form
- Supply an ERC-20 compatible wallet address
About Choon
They are building a new, more equitable and ethical music industry. Key facts:
- They are already live on the Ethereum blockchain with 2000 artists.
- They have doubled in size in the last week alone.
- Artists are making thousands of times what they make on Soundcloud, Spotify, etc.
They believe Choon is poised to become one of the first real-world applications of blockchain technology available to the masses: usable by all with no need for cryptocurrency to get in the game, but built using all the delicious benefits of blockchain technology.
So who are we, you ask? Our founding team:
- Gareth Emery : Esteemed record producer & international DJ with three iTunes #1 Dance albums, over 1m monthly Spotify fans, and over 2 million social media followers.
- John Watkinson: Software engineer and computer scientist with a PhD in Electrical Engineering from Columbia University. Co-creator of the Cryptopunks project.
- Hatt Hall: Software engineer with 20 years experience including work for Google & Microsoft. Also co-creator of the Cryptopunks project.
- Scott Sartin: Fellow Chartered Accountant (ICAEW [2003]), leading music industry business manager and one of the world’s foremost experts on music royalties.
- Bjorn Niclas: Music industry serial entrepreneur and angel investor.
Choon has been covered by the BBC, Forbes, Coindesk and Billboard. More impressively, they have built a real working product and already launched our platform, which, in a bubbly blockchain space full of over-promise and under-delivery, we’re rather proud of.
But the music industry is fine… isn’t it?
No. It isn’t. None of the legacy streaming platforms is profitable. Spotify, Tidal, Soundcloud, Pandora: all losing money hand-over-fist, despite selling intangible digital goods where they incur no production costs, due to punitive deals with intermediaries and rights-holders. We avoid all this by only working with artists who entirely own their own music and that’s a major game-changer.
How Choon Works
By removing every intermediary, we’re able to drastically increase how much goes to artists. We’ve also implemented something we call Smart Record Contracts which allow bands to automatically split up their income on a daily basis and are currently building some features that also have listeners very excited including Monetised Playlists, where the playlist curator also gets a cut for their hard work.
Under the hood, Choon is powered by an ERC-20 Ethereum token called NOTES. We’ve taken 50% of the all-time supply of NOTES and will be distributing them back to artists over the next 10 years as an introductory, incentivised period. It’s proving to be a serious accelerant.
For more information on Choon
What is an Airdrop?
An Airdrop is when a blockchain project gives away free cryptocurrency to early adopters and those who sign up for initial interest in the project.
For more on airdrops check out my previous post here - How To Earn Free Cryptocurrency With Airdrops
How to store your airdrop coins
Make sure you have an Ethereum ER20 token compatible wallet. You can create one with Metamask or MyEtherWallet. Once you've set up the wallet simply provide the new hexadecimal ID to claim your tokens. Do not use any hot wallet or cryptocurrency exchange wallet to try and store your airdrop token
Let's connect
For more airdrops and cryptocurrency news follow me @chekohler
