There are plenty of blockchain projects looking to harness “unused” computing power. In the context of blockchain technology, what is unused computing power?
An easy way to think of it is computers that are sitting idle or aren’t being used. When those computers aren’t being used, their computing power is “unused.” And if you can tap into the computing power of millions of unused computers, you can create what amounts to either a decentralized supercomputer or a massive decentralized computer network.
Beowulf takes that concept one step further. By using blockchain technology in combination with artificial intelligence, it’s creating a decentralized communications network that can be used for a variety of purposes, including online classes, telemedicine, secure communication and the development of new communication apps.
Instead of paying monthly or annual fees, people using Beowulf pay (in crypto) for each communications transaction – so for each class or telemedicine session or call.
And the people who “donate” their computers and computing power to the Beowulf network (miners) are rewarded in crypto.
There are two native coins on the Beowulf network – the W coin and the BWF coin. The W is a utility coin pegged to the dollar. Miners earn W coins for donating their computers to the network. And users pay W coins for each communications transaction.
The BWF is the coin given to supernode operators. Supernodes manage key network operations. The BWF is also the coin given to investors and traded on exchanges.
How to Claim the Airdrop
This airdrop is for the W coin. And you get 10 W coins (worth approximately $10 in total) for completing the airdrop steps. You can earn even more by joining the Beowulf network. Here are the directions, per airdrops.io, you need to follow to earn your W coins.
- Chat with this Telegram bot.
- Create an account at Beowulf Blockchain.
- Join its Telegram group and manually invite three friends.
- Submit your details to the bot.
Will Beowulf take off? It’s too early to tell. It seems to be gaining traction in Asia. And that’s a good sign. The fact that miners can earn W coins easily by just installing some software is good too. The incentives are in place to build out the network.
But with airdrops, there are no guarantees. There are no risks either. This is free crypto. You collect it and hope for the best. That’s the beauty of airdrops.
Never give anyone your email password or private keys. No legitimate airdrop will ask for that information.
Never reuse your email or exchange passwords. Always use unique, random passwords. Write them down and store them somewhere safe. We also recommend setting up a separate email account for airdrops.