How I got 3 free BCPT (Blockmason Credit Protocol) tokens
So you might be wondering what the hell is BCPT and how do you get it for free.... exactly the questions I had.
What is BCPT?
Here is an excerpt from Binance on what BCPT is :
" Until now, it was only possible to move money on the blockchain in the form of cash. Bitcoin democratized the transfer and storage of money, and Ethereum democratized the creation and storage of monetary contracts. With the Credit Protocol, BlockMason has taken the next logical step in the decentralized economy: democratizing currency creation through permanently recorded debt and credit obligations between parties.
BCPT produces transaction capacity that can be spent on the Credit Protocol. BCPTs, when staked to applications built atop the protocol, provide transaction capacity allowing those apps to run. Without the token, the application would not have write access.
BlockMason will release the first consumer mobile application built on the Blockchain and the first dapp built atop the Credit Protocol: Lndr (pronounced "lender" - www.lndr.io). Lndr combines full wallet spot settlement features with the ability to keep debts outstanding by using the Credit Protocol. Users can create, track and manage casual debts. When ready, users can then settle with major crypto currencies.
With the Credit Protocol, it is entirely possible to imagine a future in which debts and credits recorded on the blockchain could exceed the total market capitalization of all cryptocurrencies combined.
Anthony Di Lorio, Ethereum Co-Founder and CEO of the Jaxx wallet, is an advisor to Blockmason."
So what does all this mean?
To put simply you this is a credit protocol that tracks debt. They are looking to build real world apps on it such as lender which uses the protocol to track debt.
How do you get BCPT free?
Well apparently Binance airdropped the tokens to their top 500,000 Binance accounts holding BNB so I guess I qualified as I had picked up a few BNB before hand to trade with and minimize my fees.
Here's the link to the airdrop incase you were holding BNB and hadn't noticed some new coins are in your accounts :)
For all you other folks, this is another reason why I like the binance exchange.
If you haven't joined already you should check em out>>> https://www.binance.com/?ref=17933966
Thats my Referral code btw. Use it if you feel like helping me out :)
Peace
Fuble
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