Lab3’s Post

Name: Lab3 on LinkedIn: #web3 #cryptoairdrops #kyc #defi #onchain
Uploaded: 2024-10-11T08:29:12.332Z
Duration: 54 s
Channel: Lab3

Lab3

58 followers

2mo

🚨 On-Chain Pick of the Week – No More Cheeky Airdrops! 🚨 Ever tried to be a bit cheeky with a crypto airdrop by creating multiple wallets? 👀 (Yeah, we’re looking at you, Jac Evans!) In this week’s episode, Ben Collins, Patrick Lambert and Jac Evans explains how Kinto stops airdrop shenanigans in their tracks. With KYC linking every wallet to a real person, no more sneaky extra tokens! Kinto isn’t just about security though—they’ve nailed the user experience too. Tune in for some laughs and learn why Kinto is shaking things up in the crypto world! 🎧 #Web3 #CryptoAirdrops #KYC #DeFi #OnChain Watch here: https://lnkd.in/ezwRzF2Z Or listen on Spotify: https://lnkd.in/euhnVbHk

Transcript

The crux of Kinto If any of you have ever tried to get an air drop for a crypto project, you might have been a bit cheeky and made more than one wallet. So when you sounds like from the look on your face you might have done that. Jack Evans. Ohh I've I've been imagine anyone doing that. I've been incredibly cheeky, but if the company that is doing the AirDrop wants to give their early users 10 tokens each, for example, and you make multiple wallets, then you're gonna get lots of tokens. And then when they launch the token, you will sell them and it'll grip, you know, you're taking tokens away from real users essentially. But the difference with Kinto is I can't just go and make a new wallet because every wallet is is linked to a real person via this KYC process. Akin to have really thought about the user experience and you know exactly how you should actually interact with their product.

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