TRAW - The Real Always Win
Ever since Bitcoin entered the financial markets, thousands of altcoins have sprung up, some to become giant crypto companies and some to die a very quick and painful death. There have been hundreds of scam projects whose sole purpose was to steal hard earned cash from unsuspecting investors. Billionaires and millionaires have been made and on the other hand, many have either gone bankrupt or lost their valuables all in a bid to get a slice of the crypto pie.
The Risks of ICOs
The main form of fundraising for crypto startups has mainly been through Initial Coin Offerings (ICOs). Millions of people have managed to multiply their investments many times over by getting in on the right ICOs. We've seen people getting 10x, 20x etc. of their initial investments in ICOs and that is really amazing if I may say so. Sadly, the majority of ICOs have been big failures to say the least. Most ICOs fail to bring their investors' money back, trading many times lower than the ICO price when they get listed on exchanges. Many people have lost life savings and their retirement funds and many countries have banned ICOs or are tightly regulating it to try and protect their citizens from scammers.
In as much as ICOs can make you a lot of money if you get in on the right one, chances are you are most likely to lose money than make any gains with this form of investment. A lot of projects are just nothing but a dream. They promise the world but they just can't deliver on their promises. ICOs are a huge risk.
Alternative?
Since ICOs are now a very risky business, many have turned to free airdrops and bounty hunting to avoid getting burned. Most people see it as a better option to invest time in startup projects than putting your hard earned cash into something that may never be. True, time is money, but if you have a few minutes to spare a day, you can spend those minutes completing some simple tasks to get some "free" crypto.
When I talk about airdrops, some may think of the countless referral programs offering a measly $5-$10 worth of coins/tokens to participants for their referrals. Personally, I think it's not worth it. Granted, some really influential people can make thousands from such programs, but trust me, the majority of people reading this are not influencers. When I talk about airdrops, I want in projects that offer me a better shot at making it, projects that do not conduct any ICO at all, whose sole form of distribution is the airdrop. Think about DeepOnion, for example, one of the most successful airdrop coins. When it started, a lot of people thought it was a joke. Imagine what people thought when the price reached the $14 levels barely six months after it started, now everyone wanted a piece of the pie, but it was a bit too late.
Introducing Traw
Most people were wishing (and still are), that they had gotten in early. Well, I have good news for you, a better opportunity has availed itself in the form of Traw. Traw is a project that will change lives. Its main purpose is to introduce crypto to the less fortunate, the homeless, the poverty-stricken of this world. The project started roughly 3 months back and has a very active team lead by a passionate founder. One of Traw's goals is to introduce crypto to kids so that they can become financially educated from a young age through the afterschool program. The Traw team is also developing a crypto exchange and an Operating System.
In short:
TRAW Network is looking to introduce a new and innovative way for communities around the world to transfer value with businesses by utilizing the Blockchain. TRAW Network is building a web wallet that will introduce a robust set of tools for utilizing and running the TRAW Network and nodes. TRAW's initial focus will be on introducing local businesses with blockchain based tools to reward new and repetitive customers of their business. Next, TRAW will focus on implementing a reward system that is based on the blockchain for poverty-stricken communities around the world. This platform will allow homeless members of any community to get rewarded for contributing uplifting community services around their neighborhood or town. Our final area of focus is the youth. We at TRAW strongly believe that in order for Blockchain technology to last in our generation, we need to start taking the necessary steps to prepare the future generations.
A tool for community good
When communities embrace blockchain, every member of that community has a new shot at financial freedom. Financial success and empowering those who are less fortunate should be a top priority for any community around the world. - BitcoinGOAT
How to participate
To get involved, all you have to do, at least for now, is to join their discord server. After joining, you need to download the Traw wallet and install it on your machine. From there head over to Cryptohub exchange and buy ~$20 worth of Traw, 2500 Traw to be exact and transfer that to your local wallet.
To start receiving the airdrops you need to contact the project leaders on the discord channel and send them your wallet address. They will verify that you have at least 2500 Traw in your wallet then give you an airdrop ready role and the real fun begins
The airdrop works as follows:
- Each week you need to reach at least level 10 on the discord server by accumulating XP points through chatting.
- The server uses the meeh6 bot to award XP points. Each message earns you a random number of points between 15 - 25. To avoid flooding, the bot awards these points after every minute of chatting.
- Each level gets progressively harder as you level up. You have 7 days each week to rank up to level 10.
- When you reach level 10 you can register for the airdrop for that week and the process starts all over again.
This might look like a long and tedious process, but trust me, when you get your Traw at the end of each week, it is really worth it. It will be even better when the project gains more publicity and everyone is rushing to get in on it as they realize it's potential. You have an opportunity right now to get in while it's easy to do so because soon it will get harder. Don't let this opportunity pass you by because you will regret later. The efforts that you put now will be worth so much more as the project grows.
Coin Details
Total Premine - 25 million
Type - POW/POS
Algo - x13
POW - Blocks 1 - 12,500
POW Block Reward - 25 TRAW
POS - Block 12,501 - Onward
POS Block Reward - 2.5 TRAW
Block time - 60 seconds
Block Maturity - 51 Blocks
Port = 9102
RPC Port = 9103
To find out more about the project check out the links below. Please help spread the word by resteeming this post.
Website - https://www.traw.network
Twitter : https://twitter.com/TrawNetwork
Bitcointalk: https://bitcointalk.org/index.php?topic=3105194.0
Instagram : https://www.instagram.com/trawnetwork/
Telegram : https://t.me/TRAWNetwork
Reddit : https://np.reddit.com/user/trawnetwork/
Investfeed : https://www.investfeed.com/trawnetwork
Github : https://github.com/BitcoinGOAT/TrawNetwork
Discord : https://discord.gg/cqzCSYz
Download Wallet
https://github.com/BitcoinGOAT/TrawNetwork/releases/tag/1.0.0.0