Storm (STORM) is a cryptocurrency project that feels really familiar – it’s yet another blockchain-based project that wants to shake up the freelancing industry. Greedy companies like Upwork, for example, charge up to 20% of a freelancer’s earnings just to use the platform, so there is now a whole swath of in-development networks that are seeking to build a system that’s more fair and friendly to freelancers.
STORM token isn’t the first digital currency to try to do this, and it probably won’t be the last, but at least their vision seems true to the spirit of decentralization and blockchain technology in general.
Anyway, now that I’ve got that off my chest, we can talk about the first of four big airdrops that this coin is doing. Every six months, starting tomorrow (June 7th), all the tokens that weren’t claimed during the crowdsale will be redistributed to STORM holders “as a way of increasing access to the utility of STORM Tokens.”
Apparently, the longer you hold the tokens, the more airdropped tokens you are entitled to. This is how they describe it:
“It’s very simple. The longer the duration of the holding period, the more STORM Tokens you will receive in the upcoming Storm Drops. By holding STORM Tokens longer than other eligible participants, you increase the amount of tokens you receive in a Storm Drop.”
If you are interested, you can learn more about it here.
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.