October 11, 2021
AVADO Is Revolutionizing Airdrops By Utilizing NFTs
Non-fungible tokens (NFTs) are currently at the forefront of cryptocurrency and blockchain discussions. By now, most people are familiar with NFTs as a way of enabling the creation of digital collectibles and identifying ownership in the digital landscape. Yet one project, AVADO, has found a groundbreaking use case for NFTs that allows projects to incentivize participation and reward users through airdrops.
AVADO is shaking up the world of airdrops
Recently, an open source public blockchain platform known as Qtum hosted a public Ask Me Anything (AMA) in which they answered questions from curious members of the community. Thanks to an exciting partnership with AVADO, Qtum was able to issue out $7,000 USD worth of its native digital token to people who participated in a Meme contest and an AMA through an airdrop.
Airdrops are ways of issuing free cryptocurrency tokens or digital assets to the public. Through giving each user a unique NFT proving ownership of their device, however, AVADO is taking airdrops to the next level by enabling projects to directly reward their users. For instance, projects that want to encourage participation in their events or create loyal audiences can use AVADO to give free tokens to users who complete specific tasks or take part in discussions.
Identifying AVADO Owners based on NFTs
At its core, AVADO is a blockchain computer that can easily be set up by anyone who wants to run Web3 applications, stake tokens, run blockchain nodes, or generally get involved in the crypto industry. Staying true to the principles of the decentralization movement, these devices are secure, autonomous, convenient, and can be accessed from anywhere in the world.
When a user sets up their plug-and-play AVADO device, they’ll be able to generate their own NFT. This NFT then serves as a unique identifier which proves that the user is the device’s owner. Through this process, the network is able to verify device ownership without having to compromise the anonymity of the user. The result is a system that is private while still allowing users to reap the numerous benefits of having a way to verify their ownership.
All users who purchase an AVADO device, or have purchased one since all the way back in 2018, can mint their NFT at any time by visiting NFT.AVA.DO . You’ll only need your AVADO device, an e-mail address, and Metamask in your browser in order to get started. Creating your unique identifier is simple, and it will allow you to gain access to free tokens and digital assets from the numerous airdrops hosted by projects on the AVADO DappStore.
Why AVADO’s approach benefits both everyday users and crypto projects
AVADO’s unique approach to NFTs and airdrops provides a litany of benefits to those who use it. In today’s oversaturated landscape, crypto projects have to constantly compete in order to build an engaged audience. Further, even when projects do manage to cultivate an audience, retaining support can be extremely difficult in the face of diminishing online attention spans.
When thinking about the issue of trying to build and retain a user base, one of the key benefits of AVADO’s system becomes readily apparent. Since AVADO users each have their own unique identifier, projects can set out to reward specific users and encourage behaviors that lead to long-term engagement. For instance, users who were rewarded with Qtum after participating in the project’s AMA now have a larger stake in the project since they own tokens. As a result, they are more likely to remain as engaged community members.
Since these types of rewards are such a key way to incentivize specific user behaviors, the wealth of possibilities opened up by AVADO could drastically shift the way projects think about both airdrops and marketing strategies.
Giving each AVADO owner an NFT attached to their device has significant benefits for users as well. In fact, the idea of rewarding participation has allowed AVADO to establish a community-driven support system in which people are rewarded for helping each other. Each device has its own support budget, and device owners can hand out tokens to members of the community who answer their questions and help them navigate obstacles. As a result, users have access to both a highly active community of support and a potential revenue stream.
In addition, having a unique identifier for their device in the form of an NFT allows users access to their warranty in the unlikely event that they run into an issue with their device. Through the user’s NFT, it is easy to verify information about the device’s warranty. This information includes whether or not the device’s warranty is valid, when it was purchased, and which specific model the user owns. Since privacy is of course a key feature of the blockchain movement, a great thing about using NFTs in this way is that it means AVADO can obtain all of this information from a user without actually having to store any of their user data.
Lastly, one of the key features on offer here arrives in the form of the AVADO DappStore. The DappStore is an integrated resource that allows users to easily find and access innovative decentralized applications. Projects that have their own DApp in the AVADO DappStore can directly identify AVADO owners by their NFTs. This allows projects to then directly offer rewards to users and incentivize participation. Thanks to the rapidly growing number of decentralized apps available on the DappStore, users can easily earn passive income in the form of free tokens just by interacting with exciting crypto and blockchain projects.
AVADO’s ecosystem makes it easier than ever
Through this innovative use of non-fungible tokens, users in the AVADO ecosystem have digital ownership over their device. This grants them access to a wealth of benefits and earning opportunities, while also providing projects with several avenues for attracting and rewarding users.
With AVADO’s plug-and-play blockchain devices, it is easier than ever to play an active role in the exciting world of blockchain technology while earning crypto in the process. AVADO currently comes in three hardware models, each tailored to the specific needs of different types of users. All three devices are equipped with a large enough storage capacity to be able to run nodes for years, and they contain state of the hardware specifically designed for staking and running Web3 applications. These devices come pre-installed with AVADO’s user-friendly operating system, allowing anyone to set up their device in minutes. Best of all, these devices are exceptionally easy for users of all experience levels to get started with.
Check out AVADO’s website to find out how you can get easily involved in the future of crypto and decentralized technology today.