Decentralised synthetic assets

A beginner’s guide to the Havven airdrop

A beginner’s guide to the Havven airdrop

An airdrop is the free distribution of cryptocurrency tokens, which are the units of currency native to a blockchain project. This article will explain exactly how to get involved in the Havven airdrop, which is one of the largest of its kind and will take place from February 4–14 (00:00 PST). There is no registration before the airdrop starts, and you will not be able to see the airdrop form on the website until it starts. Please do not contact us before the airdrop begins to provide us with the information below. The only way to participate is to follow these instructions.

What you need to do to receive the tokens

In order to participate in the airdrop, you need a way to receive the havven tokens. Because Havven has been built on the Ethereum network, you need an Ethereum digital wallet to store the tokens. An Ethereum digital wallet is software that securely stores the components needed to use a cryptocurrency: your private key and your public key. A private key is like a PIN number — never reveal it to anyone. A public key is like an account number — you can give it to people to allow them to pay you.

If you don’t already have an Ethereum wallet, you will need one to participate in the airdrop. One popular Ethereum wallet that will work with the Havven airdrop is MyEtherWallet. If you don’t like the idea of storing money digitally, then there are also physical wallets you can purchase, which cryptographically store your funds on a physical hardware device.

What you need to submit

Before joining the airdrop, you will need to join the Havven telegram group. Telegram is a secure social platform for large-scale public discussion. If you don’t already have a Telegram account, you will need to create one. You can do that once you have downloaded the Telegram app for either your phone or your desktop, which you can do here. This is compulsory — we will be confirming the Telegram handles of airdrop participants against the members of our Telegram group.

To participate in the airdrop, you will need to submit some information to the Havven website. Each participant will need to provide the following details:

  • Name
  • Email address
  • ETH digital wallet address (i.e. public key)
  • Telegram handle (e.g. @joecrypto)
  • Country of residence
  • Answers to the following questions: What’s your favourite cryptocurrency exchange? How did you hear about Havven?

What you need to know about how the airdrop works

We are giving away a total of two million havven tokens in the airdrop. The two million tokens will be distributed between everyone who signs up for the airdrop. For example, if 10,000 people sign up, each of them would receive 200 tokens. But if only one person signed up, then that individual would receive all two million tokens.

There’s no limit to the number of people who can participate in the airdrop — the purpose is to get as many people involved in the Havven network as possible.

What you can do to increase your token allocation

The airdrop will include a referral program. Once you complete the form, on the next page there will be a link, specific to each participant, that can be shared with your friends to invite them to participate in the airdrop. For each person that you refer (up to 20 referrals per person), you will receive a 100% bonus on the standard token allocation. For example, if Alice refers 20 people, and the standard allocation is 100 tokens, then Alice receives 2000 tokens, as 100 * 20 = 2000. Fake users and fraud attempts will be strictly checked after the airdrop. You may end up losing your entire airdrop allocation if you are found to have engaged in any fraudulent behaviour.

When you will receive your tokens

After the airdrop ends, you will receive an email asking you to confirm your details. Within a week of the conclusion of the token sale, all tokens will be distributed to participants in both the token sale and the airdrop.

Please note: this article and our promotional content has referred to the value of the two million havven tokens as being worth one million dollars USD. This figure refers to the potential value of the 60,000,000 tokens available in the token sale at the $30,000,000 (USD) hard cap.

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Garth Travers

Garth Travers

Garth is Communications Manager at Synthetix, a synthetic assets platform.