CRD Network Airdrop Bomb Exploded!

Published on: 21.06.2021

The CRD Network is powered by Hyperledger Besu, an enterprise blockchain on Ethereum, which uses a set of CRD nodes to operate. The core system is run on a private network, and we have the ability to interact with the Ethereum mainnet. The $CRD is a utility token used on the CRD Network, which is a DeFi ecosystem that bridges crypto and fiat by acting as an API hub. The CRD Network is building a suite of microservices (like a bank with credit lines and debit cards, decentralized exchanges, an NFT creation platform, etc) that would use CRD for their operating fees.

TOKENOMICS

Coin Symbol: CRD
Total Supply (capped): 1,000,000,000
Protocol: ERC-20
Supply Management: Active Supply Management via treasurer committee.
Network Fees Distribution: % of Network fees
Validators and Nodes: Master Node OperatorsCRD Network is currently hosting an airdrop program. An activity where its early users can get a $CRD Token for free just by doing simple task given by the company.

CRD AIRDROP DETAILS:
TIER 1—500 $CRD Token Reward
Task: FollowCRD  Social Media AccounT
Tag at least three of your friends
Tag @CRDnetwork
Add hashtag #crdbomb920

TIER 2—Multiply your CRD Investment
Users who exchange $ETH for a minimum of 10 000 CRD in the Sushiswap or Tacoswap ETH-CRD liquidity pool and hold these $CRD in their address from 20th of June till the 20th of September, will receive an airdrop of $CRD matching the amount they have exchanged.
Get 1000 $CRD Token Reward

AIRDROP HAS 3 PHASES
1.If you do the exchange from 20th June to 20th of July – we will match 100% of exchanged CRD amount
2.
If you do the exchange from 20th of July to 20th of August – we will match 50% of exchanged  CRD amount
3.
If you do the exchange from 20th of August to 20th of September – we will match 25% of exchanged CRD amount

In case there will be more than 80M CRD bought & held, airdrop will be distributed on a first come, first served basis,  from 20th September to 20th of October  in 3 stages (in the same order as stages 1-3). Remember you should not transfer CRD anywhere, or else would not be eligible for the airdrop!

Deflationary Bomb Event
On September 20th CRD Network will have an Airdrop Snapshot and all non-distributed CRDs from the reserved wallet will be burnt.

The event will be broadcasted on their Telegram group and rewards will be distributed daily on a first-come, first-served basis until October 20th.

The CRD Network has a unique coin setup in that the tokens have been pre-minted to their theoretical maximum of 1bn CRD. The minting function has been inactive since 2018 and the contract has been closed for minting.

ABOUT CRD NETWORK
The CRD Network is powered by Hyperledger Besu, an enterprise blockchain on Ethereum, which uses a set of CRD nodes to operate. The core system is run on a private network, and we have the ability to interact with the Ethereum mainnet. The CRD is a utility token used on the CRD Network, which is a DeFi ecosystem that bridges crypto and fiat by acting as an API hub. The CRD Network is building a suite of microservices (like a bank with credit lines and debit cards, decentralized exchanges, an NFT creation platform, etc) that would use CRD for their operating fees.

RESOURCES
Website
CRD Airdrop
Twitter

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