Swiss-based company Soraix is currently running a bounty and airdrop campaign which began on 26 August 2019. The campaign will continue to 24 November 2019 and aims to increase awareness about the Soraix initial coin offering (ICO) which is running concurrently.
Bounty and Airdrop Definition
Bounties and airdrops both involve the allocation of tokens to participants. However, a bounty is more intense than an airdrop. In addition, a bounty offers more tokens than an airdrop. Therefore, tokens distributed during an airdrop are considered free since the tasks involved are light.
A bounty enables a company to receive extra marketing and exposure from the efforts of participants while an airdrop offers users a chance to test the platform and the token.
Bounty and Airdrop Campaign
The bounty campaign requires participants to perform a variety of tasks on LinkedIn, Twitter, Telegram, Facebook, YouTube, and Reddit. Participants can also undertake tasks like translating the project’s whitepaper into languages such as Indonesian, French, Swedish, German, and Vietnamese and publishing blog posts.
The Soraix airdrop campaign encompasses light social media tasks and referrals. The campaign allows participants to earn extra SRX tokens for performing optional tasks.
Tokens in both campaigns are sent to ether wallets 7 days after the completion and validation of tasks.
How to Participate in Bounty and Airdrop
Here is what you should do to participate in the bounty:
- Visit the campaign announcement on Bitcointalk forum
- Read through the campaign instructions carefully
- Choose which tasks you want to take part in
- Fill in the form
- Create a proof of authentication post on Bitcointalk
- Record the tasks you have performed on Bitcointalk
To participate in the airdrop, follow these steps:
- Visit freeaidrop.io
- Fill in the form
- Complete the social media tasks indicated to earn 15 SRX
- Refer someone to the airdrop and earn 10 SRX
- Perform additional tasks and earn 50 SRX
Benefits of Holding SRX
Five percent of the SRX token supply is allocated to the bounty and airdrop campaign. That means that there are 50,000,000 SRX up for grabs.
So, why should you hold the SRX token?
First of all, the SRX token is stable because it is pegged 1:1 to the equity tokens emitted by private and public companies on the ETO platform. This sets SRX apart from most digital currencies
Secondly, SRX token holders will have an opportunity to share in Soraix’s revenue by trading the token with a limited pool of equity tokens.
“Token holders can trade their SRX for equity tokens trading on our exchange via a 1:1 peg, thus rendering the SRX token a valuable token to hold,” the Soraix Co-Founder PJ Przemek explains.
Thirdly, SRX is designed in such a way that it is in limited supply. This means that it will remain valuable.
The Soraix whitepaper reads: “We anticipate the purchasing power of the SRX Token as a means to share in our revenue will greatly enhance its appeal to our user base and ensure its stable growth as a digital asset of significant value to investors. We intend to reward those who invest in our token by enabling them to share in the revenue every new ETO launched on our platform generates for Soraix and SRX Token holders.”
Bounty hunters can check their names on the participant spreadsheet on Bitcointalk forum. In the case that your name does not appear on the list, kindly fill the respective forms again.