Introduction: the importance of community
Airdrops are rising in popularity and becoming the norm for new ICOs for very good reasons. It gives early adopters the chance to get a view of the project with little to no risk, these early adopters become the initial community. Crypto projects have learned that success is ensured by having a thriving and vibrant community. After all, what good are tokens if there is no community to actually put them to use? The community helps these new projects out by giving valued feedback, giving a push to a certain use-case for the token, and spreading the word. Dogecoin is a good example to illustrate the importance of community; the community liked using this token to send tips (use-case). By doing so and spreading the word, the early community of Dogecoin grew into an eager and enthusiastic community. Dogecoin is now among the top 100 CMC rated coins; number 45 as of today.
Parachute: Next Generation Community Building
The early stages of crypto companies are critical for a good head start. This phase of a start-up is when the need for very committed community members kicks in. These very committed community members are called Super Troopers in the Parachute terminology within their white paper. Really recommend you to read it, it’s a very interesting and fun read to see all these original ideas.
The Super Troopers are early adopters who see the value of the respective crypto/blockchain project. They gladly spread the word and invite others, just like I am doing here. Interestingly there are no referral links. So what motivates me to write this you might be wondering? Because Parachute didn’t do an ICO, they developed a novel approach to their token distribution. They want to hand over most of their supply to the community and partners. The value will be created with an actual use-case, the Parachute Freelance Marketplace (already set-up and working!), and eventually the Parachute Exchange too, where you will be able to trade the tokens of their partners with PAR trading pairs.
If you are interested in freelancing and have any sort of experience in graphics, design, marketing, writing, translating, video production or even your own unique skill the Parachute Freelancer Marketplace is a great place to start freelancing for fun and vibrant crypto projects. So, if you wish to become a freelancer on the Parachute Freelance Marketplace, you can sign up here!
Back to the distribution: Parachute will airdrop their tokens to the community, but a big part of this distribution is rewarding engagement and activity. Parachute rewards Parachuters with PAR and partner tokens, based on community participation and engagement. The more engaged you are, the more tokens you receive. This is an amazing way for the partners of Parachute to get a great and engaged early community. You can witness this all by joining the community!
How the distribution of tokens works & other Parachute features
Parachute will be airdropping tokens at different milestones of their Telegram group growth. The next milestone is at 4000 members, 2000 members as of now! The earliest Parachute members get the most PAR, because the total distribution is split among fewer members and these members automatically take part in more milestone events too. The more people that join Parachute and are engaged, the sooner the community receives airdrops. So the community is motivated to positively spread the word, without any spammy type campaigns or referrals. People don’t have to jump through all the hoops associated with airdrop sign ups that really result in low quality marketing.
Parachute extends this system to partner companies, who literally get airdropped a highly motivated group of early adopters to form a solid underlying community that helps the early stage crypto company expand its footprint among the crypto community. In return, these early adopters receive airdrops and Super Trooper rewards! So, it’s all very healthy and mutually beneficial. Don’t worry if you missed out on being an early adopter on the current partners, more partners are coming and you will have your fair chance to become an early adopter! Parachute uses due diligence to choose the companies before they partner with Parachute. The Parachute partners are real businesses with exciting new ideas and products.
Many of the Parachuters are seasoned crypto community veterans who can lend their experience and expertise to help the early crypto startups. This is where the Freelance Marketplace kicks in, as this is the place where you can earn PAR from companies looking for various skills and services. For now, the Parachute partners will receive 2.5M PAR each to get the marketplace rolling. Eventually though, the future Parachute partners will have to buy PAR from exchanges to pay for skills and services, creating value for PAR and ensuring long-term success for the project.
The Parachute community and signing up
Now that I explained the basic mechanics briefly, we can move on to the fun part. Yes, who knew crypto could actually be fun… Join the fun, by signing up on the Parachute website. After you sign up, head over to the tokens page, and follow the details on the token cards, to participate to the communities the Parachute way!
Parachute isn’t your typical Telegram channel for sure, believe me. It is really interesting and fun to watch the Parachuters float into partner Telegram groups after the announcement of a new partnership. Parachuters roll in one after another growing the community very rapidly. There is great opportunity for direct and open early engagement with company owners and representatives. Engage with their websites, ask questions, help spur conversations, and be helpful where ever possible. Parachute and their partners are an excellent chance to get significant amounts of tokens, with the privileges and opportunities associated with each token.
To conclude, there are games, trivia, quizzes, treasure hunts, and PAR literally scattered all around the Parachute community. Stressed out by the crypto markets? Well unwind a bit and have a laugh or two, this community is a lot of fun!
*Parachute helps people find early-stage crypto projects they love, and get tokens for being an early member.*
Written by Kerry C and edited by Crypto French
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