Guarda Partner Up with ETHplode For Token Giveaway

Guarda Partner Up with ETHplode For Token Giveaway

The popular cryptocurrency wallet, Guarda has teamed up with ETHplode to formulate a giveaway which can see users win 200 ETHPLO tokens.

The purpose of the new promotion is to help users learn more about ETHplode. With this in mind, the core of the giveaway revolves around a quiz about the growing crypto asset. However, before you enter this quiz, you have to partake in other steps in order to be eligible for the giveaway. These require you to get closer involved in the Guarda community and are as follows:

  • Get a cryptocurrency wallet on Guarda
  • Follow Guarda on Twitter
  • Participate in the quiz linked in the Bounty section of your wallet or here. Answer the questions correctly and receive the prize of 200 ETHPLO tokens.
  • You can find the right answers to the quiz questions in this article and on the official website of ETHplode https://ethplode.org/
  • Receive ETHPLO tokens to your Guarda Ethereum wallet

Those who participated will then merely have to wait for an update on Twitter by Guarda announcing the beginning of the distribution process. The distribution process is sent out in a series of waves but, as long as you have a Guarda Ethereum wallet, you will receive them automatically in the Tokens section of your account. As such, it is a super simple way to get your hands on this growing token.

What is ETHplode?

 ETHplode is certainly a crypto asset that looks like it is on the up. While it only hit the market back in July, it has shown some steady bursts in value. Most recently, it has seen an increase in value of 11.94%, at the time of writing, over the last 24 hours.

As such, despite being positioned way below the top 100, situated with a rank of 2136 by Coinmarketcap, there is potential for much more progress in terms of value. This is more or less guaranteed due to the way ETHplode is designed.

ETHplode has deflationary characteristics with built-in self-destructive functionality. What this essentially means is that with every transaction, 0.5% of the amount will be burnt. Thus, this increases scarcity of the coin and, as per ETHplode, the concept is “hardcoded directly into our monetary structure”.

It has taken inspiration from the BOMB Token, which was the original hyper deflationary, self-destructing currency. Hence, where ETHplode takes its name from; ETH as in the Ethereum Blockchain it is built on, and “Plode” as in the concept of an explosion or an implode, as the case may be.

Upon release, there was a supply 100,000,000 ETHPLO tokens. Though, of course, since then a portion of ETHplode has been transferred. As a result, the current supply has already dropped to 99,883,825 ETHPLO, at press time. One final thing to consider about ETHplode in relation to its total supply is that it is both guaranteed and impossible to create new tokens due to their system of smart contracts.

With this in mind, it is a promising little token with a lot of potential to see growth. Plus, thanks to this competition, you can get 200 tokens for nothing and then see where the price goes for yourself by getting involved in Guarda’s promotion.

Ready to join our tribe?

We respect your email privacy

Subscribe now to recieve exclusive updates and offers!

Recently Similar News

Latest Guides

Latest News

Bitcoin,CoinMarketCap,Trading

Bitcoin On The Rebound Following Elon Musk’s Latest Announcement

The price of the world’s largest cryptocurrency is rising again following the latest comments from Elon Musk. Bitcoin’s price has climbed and stayed above $40,000 on Monday 14th June, following an announcement by Musk that Tesla will, once again, start accepting BTC payments. The latest comments have proven once more what a powerful influence the […]

16 June, 2021
Bitcoin,Cryptocurrency,Regulation

Bitcoin Is Now Legal Tender In El Salvador

The world largest cryptocurrency has become a legal currency in El Salvador. Following a congressional vote held on Tuesday, a significant majority agreed to adopt Bitcoin and use it alongside the country’s other currency, the US dollar. In the words of El Salvador’s President, this decision has made “history”. Within the next 90 days, all […]

10 June, 2021
advertisement,Cryptocurrency,Google

Google Updates Its Advertising Policy To Allow Crypto Ads

Global search engine giant, Google, has announced that it will be accepting cryptocurrency advertisements targeting customers in the US. This change to the tech giant’s financial products and services ads policy is expected to be made at the start of August 2021. As a result, operators of cryptocurrency exchanges and wallets will be able to […]

8 June, 2021
Bitcoin,Coinbase,Trading

Coinbase Stock Loses Over 25% Since April IPO

It was hailed as one of the greatest moments in cryptocurrency history. The Coinbase IPO was seen as the tipping point of the sector, a moment when cryptocurrencies will finally find their well-deserved place within the financial industry. Interest was high, and when Coinbase (COIN) began trading on the Nasdaq on April 14, 2021, the […]

26 May, 2021
Bitcoin,Cryptocurrency,Social Media

Bitcoin Drops by Over 30% to $30,000 After Another of Elon Musk’s Tweets

Tesla’s CEO and among the top three richest people in the world, Elon Musk, has yet again sent Bitcoin and other altcoins on a wild ride that saw the markets bleed after massive sell-offs. In a flurry of tweets that begun on Sunday, Elon seems to have implied that Tesla would liquidate its Bitcoin holdings. […]

20 May, 2021
Blockchain,Investment,Technology

Tune In To The 4th Edition of the AIBC Pitch

On the 25th of May 2021, Dubai will once again play host to the much-anticipated Draper-Aladdin AIBC Startup Pitch. 100 companies operating in the exciting fields of AI, Blockchain, Quantum Tech, FinTech, Big Data and IoT will be showcasing their ideas to investors and other stakeholders. Up to $500,000 can be won by any single […]

16 May, 2021
Cryptocurrency,DogeCoin,eToro

Dogecoin Now Available At eToro

eToro, the world’s leading social trading and investment platform, has recently announced that it will be adding Dogecoin to its list of supported cryptocurrencies. This means that you can buy DOGE from any supported eToro county, including the US. What was originally dubbed a joke coin is quickly gaining popularity around the world. Earlier this […]

14 May, 2021
Bitcoin,CoinMarketCap,Ethereum

Cryptocurrency Market Cap Jumps Past $2 Trillion

Cryptocurrencies continue to make headline news around the world as the total market cap surpassed $2 trillion on Monday. Supported by increased interest from institutional investors, celebrities, and retail investors, digital coins are now worth more than Apple Inc. Bitcoin has, once again, played a major role in the sector’s market cap. The world’s first […]

6 April, 2021