CRD Network Airdrop Review: You will get 500 CRD.

About CRD Network

CRD Network is a utility token used on the CRD Network, a DeFi ecosystem bridging crypto and traditional financial services. By using the CRD Network app, you would be able to use DeFi in a compliant manner, so you could easily declare your earnings to the bank later.

CRD Network Airdrop is airdropping a minimum of 500 CRD to participants who complete the below tasks. Complete simple social tasks and submit your details to the airdrop form to get 500 CRD. Convert ETH for a minimum of 10,000 CRD in the Sushiswap/Tacoswap ETH-CRD liquidity pool and submit your details to the airdrop form to get an airdrop of CRD equal to the amount you’ve exchanged.

Step-By-Step Guide CRD Network

1. Visit the CRD Network airdrop form.
2. Join their Telegram group.
3. Follow them on Twitter.
4. Retweet the pinned airdrop tweet using hashtag #crd10, tag @CRDnetwork and tag at least three friends.
5. Follow them on Reddit.
6. Follow them on Discord.
7. Follow them on Bitcointalk.
8. You will get 500 CRD.
9. Exchange ETH for a minimum of 10,000 CRD in the Sushiswap/Tacoswap ETH-CRD liquidity pool and hold it till 20th September. (Optional)
10. Submit your details to the airdrop form
11. You will get an airdrop of CRD equal to the amount you’ve exchanged.
12. If more than 80M CRD is bought & held during the airdrop period, then the airdrop distribution will be based on first come first serve.
13. For more information regarding the airdrop, see this page.

Technology Infrastructure Liquidity

CRD merges Decentralized Finance (DeFi) with everyday banking by creating a legally compliant environment that lessens the points of friction between you and your money. The CRD Network bridges the gap between crypto and the “offline” economy.

DeFi Usability and Adoption

It runs on Hyperledger Besu, an enterprise blockchain on Ethereum, and uses CRD Network Airdrop Nodes and APIs to operate, which allow to be able to interact with your normal bank account and your crypto wallet at the same time.

For Users

Use crypto with no legal risk. In addition, you can generate a valid source of funds to comply with tax requirements.

For Financial Institutions

CRD Network Provide DeFi services to your existing users – including yield farms, DEXes and staking – in a compliant way that meets AML standards.

CRD Token

The CRD token is altcoin token based on the ERC-20 standard, which they use to log internal transactions and associated fees. You can learn more about how to get CRD and earn yields with it here

CRD Liquidity Pools

CRD Network Airdrop is designed from the ground up to be easily convertible into other currencies (crypto or cash) via the liquidity pool program, wherein users lend their assets to these liquidity pools and earn CRD as rewards. These funds, in turn, will be aggregated and used to ensure the instant transferability of CRD into other forms of crypto (ETH, BTC, etc) or fiat (EUR, GBP, etc), which ensures a more efficient financial ecosystem.

The CRD Liquidity Pools are based on the Uniswap, Sushiswap and Tacoswap decentralized exchanges (DEXes). Those three DEXes are the gateway into the CRD Network where CRD can easily be traded.

Current use cases

We’re always developing new apps that will be used on the CRD Network. Here are the latest ones that we’re building, which will increase our ecosystem’s value proposition.

Creators Bank

DeFi banking platform with the capacity to connect your crypto wallet and normal bank account in one space, while also providing other services like NFT-based loans, Credit/Debit cards and much more.

NIFTIT

NFT minting platform that can also tokenize NFTs to increase their market liquidity and availability.

Identify an Influencer-led Community

Search for large influencer groups that have some problem that needs to be solved and pair them with a developer group to help them design the idea. This phase is done by our partner UbranDiFy.

Influencer

DeFi banking platform with the capacity to connect your crypto wallet and normal bank account in one space, while also providing other services like NFT-based loans, Credit/Debit cards and much more.

Developer

NFT minting platform that can also tokenize NFTs to increase their market liquidity and availability.

The CRD ecosystem.

This is a direct link of transactions between the centralized financial world, as well as the decentralized ledger systems underpinning various blockchains. The main benefit of using this system is that it enables a drastic simplification of transaction mechanisms between normal fiat currencies (everyday money – USD, EUR, GBP, etc) and cryptocurrency by reducing operating friction, and thereby making transaction fees negligible.

Users who wish to conduct transactions in this network will use CRD as their only payment mode. In other words, all cryptocurrency or fiat currency when transacted within the network is logged as CRD Network, but can easily be converted into the asset of your choice.

At its core, the CRD Network is an API inter Hub between the crypto and fiat worlds; by leveraging the data streams from spheres it serves as a modular substrate, upon which FinTech apps can be built and operated.

The operant purpose of the CRD Network is to compute transactions and thereby optimize the flow of operations by bundling them and simplifying the flow of data. In this way, the output which gets executed on the Ethereum Blockchain takes advantage of economies of scale and thereby reduces the comparative cost of transactions.