A Binance-Powered Crypto Startup Launches Free Airdrop Distribution of Its Cryptocurrency
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Answer A Binance-Powered Crypto Startup Launches Free Airdrop Distribution of Its Cryptocurrency
A crypto startup backed by Binance Labs has launched a free airdrop distribution of its Ethereum-based cryptocurrency.
The crypto project is the focus of our conversation.MarilynWhich seeks to provide expansion solutions with the aim of alleviating productivity constraints and enhancing the performance of various blockchain networks.
Today, Project Marlin has started the process of free airdrop distribution of MPOND to people who are already stockpiling cryptocurrency from different blockchain networks.
The Marlin project currently supports the Cosmos, Polkadot, IRISnet, MATIC, Fantom and Near blockchains.
Project Marlin distributed its cryptocurrency free of charge using a proprietary distribution platform called FlowMint.
According to the publication, the process of distributing the digital currency “MPOND” will be for the next two years.
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20% of the “MPOND” cryptocurrency supply will be distributed to the various blockchain communities mentioned above over the next 24 months via the FlowMint platform.
The CEO of the “Marlin Labs” project stated that node operators should participate in the “MPOND” staking to participate in the launch of the mainnet and contribute to its transition.
Those who do so (earning MPOND coins) will earn fees from users who transmit content in addition to the rewards that Project Marlin will give them.
In addition, MPOND holders can also participate in a Decentralized Autonomous Organization (POND DAO) where they can influence the direction of the Marlin Project ecosystem.
In July 2019, Project Marlin received $3 million in an initial round that saw the participation of Binance Labs, the investment arm of Binance, digital asset management firm Arrington XRP Capital, Electric Capital, and institutional investment firm NGC Ventures.
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