Global Airdrops and their Regulations
Now that our technology introduces the new capability of global airdrops (i.e., massive sending of crypto-currency/tokens to anyone in the world, this new feature not being available in other blockchains), some of you have already been asking for their practical implementation. Just to be on the safe side, some notes concerning their regulation:
- airdrops must be randomized to be considered gifts, otherwise it’s an offer of securities: do not target consecutive addresses or specific regions within a country.
- do not ask for anything in exchange, not even promotions to third parties, otherwise it’s a sale of securities in exchange of non-pecuniary benefits.
These non-legally binding recommendations are based on previous administrative proceedings and may vary from country to country.