Today’s airdrop is Fesschain. Fesschain is a decentralized platform powered by artificial intelligence (AI) and blockchain technology.
Fesschain is airdropping 55 FESS tokens (about $5.50) to airdrop participants. Participants can also receive 16 FESS for each referral.
What Is Fesschain?
“FESS” stands for Future of Electronic Settlement System. Fesschain’s goal is to resolve the security and speed issues of existing blockchain settlement systems. And it wants to do this for both individuals and businesses.
Fesschain’s solution marries the security of the bitcoin blockchain with its own unique two-step verification process. Every transaction is verified by its time stamp or blocks mined on the bitcoin blockchain – or both. Then it’s recorded.
In addition to harnessing bitcoin’s powerful blockchain tech, Fesschain also integrates AI into its network. In its white paper, Fesschain outlines how blockchain and AI work together in its unique Neutrino Framework, which can be broken down into five phases: inputs initiated, data optimization, data validation, data aggregation and completion.
Why We Like It
Fesschain developers understand that bitcoin is the most secure blockchain out there. So they’re building on a strong foundation.
And if the technology is successful, it could have a wide range of applications. Fesschain envisions a centralized voucher selling platform called FessPay, a decentralized apparel store, a fitness training application, a supply chain framework, a content sharing platform and more.
Fesschain founder Durga Prasad Tripathi is a serial entrepreneur with experience in the IT industry. He also has a law degree from Guru Gobind Singh Indraprastha University in India. His team has put together an ambitious road map for the project, with plans to launch its main net by May 2020.
And the Fesschain team has clearly outlined its tokenomics. The total supply of FESS is limited to 10 billion. The work it has put into tokenomics shows it’s serious about creating a truly decentralized and sustainable platform.
How to Claim the Airdrop
To participate in the airdrop, go to Fesschain’s airdrop page here. Then follow the step-by-step guide it has listed there. You’ll need to join it on Telegram, follow it on Twitter and complete a number of other small tasks. If you complete all the tasks, you’ll receive 55 FESS tokens. And you’ll receive 16 FESS tokens for every referral you make.
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.
Assistant Managing Editor, First Stage Investor