Retroactive is one of the most mentioned phrases during the downtrend when opportunities to make money through investing fade away. Join Weakhand to learn about what retroactive is and why this is considered one of the best ways to change positions in the Crypto market.
What is Retroactive?
A common trend of projects in the Crypto market is to distribute tokens to the community right at the time of TGE. In previous periods, this was done through ICO and IDO forms and it posed a lot of potential risks to investors as the project could take the money and run away at any time.
Retroactive was born as a new form of distributing tokens to the community at TGE without users having to spend any amount of money to own tokens. This is also a gratitude of the project to the community, those who have participated in the experience as well as contributed to making the project more and more complete.
Retroactive is also the most effective way to decentralize rights to the right people. Most of the public sale participants want to sell right at TGE to recoup capital and make a profit. A large portion of those who receive retroactive will retain the tokens to use. Participating in governance contributes to helping the project become more decentralized.
Along with the difficulty and long time of closely monitoring the project, users often receive a retroactive reward worthy of what they spent. Some typical recent examples are Arbitrum which rewarded $1000-$13000 per wallet, Aptos awarded ~$1500 per wallet, etc.
Things to Prepare When Hunting Retroactive
Prepare knowledge
The knowledge to choose a project with retroactive potential is very important when not every project will launch tokens and if they launch tokens, they may not necessarily be retroactive.
Some criteria to select retroactive projects:
- The project is invested by large investment funds.
- The project will definitely launch Layer 1 tokens because native tokens are required for transaction fees after mainnet.
- The project has a long operating time and continuously upgrades and improves its products.
Financial preparation
Besides knowledge, we will still need to prepare a stable financial source so as not to miss the opportunity to experience any project. This is extremely important because we will not know when the project will launch tokens and whether we will be eligible to win the airdrop or not.
Make a specific plan
After fully preparing both knowledge, a specific plan will be needed to:
- Optimize capital use efficiency.
- Save time spent on each project.
- Avoid wandering off to other projects.
Where to Source the Retroactive Project?
Weakhand’s website
In addition to quality information about research, Weakhand’s website also has a money-making section with two main sections: retroactive and airdrop, some projects in this section have airdropped thousands of dollars.
The Weakhand team will continuously search and post projects with retroactive potential as well as update old articles for everyone to refer to.
Weakhand’s community channels
Unlike the detailed tutorials on the website, Weakhand’s community channels are built towards updating information and small retroactive tasks.
Join Weakhand’s retroactive community now:
- Telegram channel: https://t.me/hakretroandairdrop
- Group chat Telegram: https://t.me/+__wnFqS-Bb0xNTll
- Discord:
News websites raise capital
Monitoring capital raising websites is also a good way to find good projects invested in by large VCs, however, the number of projects calling for capital every day is also very large, so everyone needs to have selective skills. good project.
Some fundraising news websites that many people use today are Defillama, Crunchbase,…
Summary
Hopefully after the article about what retroactive is, people will have a more general view as well as find opportunities to change their position in the future.
