Finance

IOV Token: How to Claim and Withdraw Free $17,000 CarLive Chain

An airdrop for a cryptocurrency is a procedure of distributing new tokens/coins by awarding them in a certain proportion to existing holders of a particular blockchain currency, such as Bitcoin or Ethereum.
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AirDrops in Cryptocurrency

An airdrop for a cryptocurrency is a procedure of distributing new tokens/coins by awarding them in a certain proportion to existing holders of a particular blockchain currency, such as Bitcoin or Ethereum.

Thus, an airdrop is a marketing stunt that involves sending coins or tokens to wallet addresses in order to promote awareness of a new virtual currency. Small amounts (not millions) of the new virtual currency are sent to the wallets of active members of the blockchain community for free or in return for a small service, such as retweeting a post sent by the company issuing the currency.

However, this Carlive token is more of a glitch and most definitely not an airdrop.

How they got the $17,000 Carlive Chain Token

  1. Simply download and create an account on Trust Wallet.
  2. on Tokens press the icon at the top left that looks like a settings toggle
  3. enter an address they give you, “0x0e69d0a2bbb30abcb7e5cfea0e4fde19c00a8d47“
  4. on the screen that shows, click on create a custom token
  5. paste the address again on the Contact address
  6. Change the decimal from 8 to 0 and voila. you have some $18,000 worth or should I say worthless of this token.
  7. Note: If you don’t alter the decimal, you get nothing, because it’s worth nothing!

How to withdraw or trade the $17,000 Carlive Chain Token

You simply can’t. These are worthless coins. A simple log out and log in again and your balance resets to default.

This is not how Crypto works, you don’t just wake up and get some random Sh18 million dropped in your account.

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Alamu Tosin

The writer is Alamu Tosin. I have three strong passions in life — football, blogging and movies — in that order. I love spending time with friends talking about the important things in life and hate nothing more than ‘authority’ and hypocrisy. My personal believe in life is that once an individual sets his/her mind to achieve something, it is totally possible. And oh!, I am a strong Lannister, because I always pay my debt. For writing or fixing gigs, contact tosinalamu@gmail.com.

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