Yesterday morning, i was directed by my friend to a post made by @acidyo about a special airdrop for Steemit users which had bonuses based on reputations.
Most of you know about it and have either joined, registered or even cashed out from your wallet.
Its the Byteball Airdrop for Steemit Users!
what you knew.
You already knew that byte ball is airdropping tokens for steemians and the bonuses were as follows:
Reward System
Reputation 30 or above: $10.00 reward
Reputation 40 or above: $20.00 reward
Reputation 50 or above: $40.00 reward
Reputation 60 or above: $80.00 reward
Reputation 70 or above: $160.00 reward
Reward distribution
Half of the reward will be immediately available, the other half will be locked on a smart contract and can be spent after 1 year.
Payment
Payment for steem attestation costs 49000 bytes,you probably didn't notice that each transaction in the byte frame work costs 541 bytes.
What you didn't know
There are several things about Byte that a normal user would quickly ignore, most of which are intricate details.
For instance:
1. Byte is over a year old:
Byteball consists of a decentralized system that allows tamper-proof storage of arbitrary data, including data representing transferable values such as currencies, property titles, debt, shares, etc. It is based on its own chain of intelligent blocks and contracts for security of each category of transactions that users wish to carry out. With a versatile variety of features, Byteball offers great security, quick response and viability.
Byte Airdrop started way back in 2016 ,acuurately December 25th, 2016 ,called the Christmas block, from which bitcoin holders were allowed to exchange and test their bitcoin holdings for byte tokens.
In the first round, more than 70,000 BTCs were linked and 10% of all byte and blackbytes were distributed according to the Bitcoin balances linked in the first Bitcoin block dated December 25, 2016 (Christmas block). In the second to the fifth round, another 9% were distributed, more than 200,000 BTCs were linked at that time.
In the sixth round, which is scheduled for the June full moon (June 9, 2017 at 13:10 UTC), Byteball distributed 62.5 MB for each 1 BTC linked balance and 0.2 new byte for every 1 Byte you already have.
2. Byte has other Airdrop facilities and token distribution opportunities:
Asides steem attestation bot as seen on the bot store, there are other attestation bots and transition bots that are engineered to help users effectively make good use of the App, and still offers the opportunity to check them out.
3. The Main reason for the steemit Airdrop:
Probably you don't know why the steem accreditation airdrop was expedient,one of the reasons was to make transaction on the byte interface easy and faster.
Once your steemit username is accredited,you can send others your steemit username as wallet address and receive payments into your byte wallet using your account name,instead of the long string of code wallet address, isn't that awesome?
Source
4. 75% of your earnings can only be unlocked after 365 days! A whole year!
Yeah, you heard that! And its the best news ever, i can have my crypto holdings securely kept for a whole year,while it increases in value? Wow!
The Fact!
The deal is: there are so many things embedded in the Byte App, i would advice everyone to take out time and explore the App, you'd be amazed what you will find.
In the Spirit of spreading the love, i will be sharing 200,000 tokens to the first 20 people to drop their wallet addresses below:
I believe byte App has a lot more to offer, the App alone has a Compendium of features and has very vast capacities. I believe it has good prospects.# The rules are simple:
@IamChijamz Reporting.😎