Havven, a decentralized payment network and stablecoin, is preparing an airdrop of tokens worth up to USD 1 million, one of the largest campaigns launched, according to company. The airdrop, which begins Feb 4, offers participants and potential users a chance to secure havven tokens ahead of the company’s initial coin offering on Feb 28.
Havven allows users to transact with an asset-backed cryptocurrency pegged to the US Dollar, according to the company’s statement. Designed to provide a practical cryptocurrency, useful for everyday economic purposes, Havven uses a stablecoin model to maintain a steady value. The company’s first airdrop campaign, where participating users will receive a free distribution of tokens, will run until Feb 14. The company states that two million havven tokens will be available in the campaign, worth up to USD 1 million, the value is subject to the outcome of the havven token sale.
Founder Kain Warwick said, in a statement, “An airdrop made a lot of sense for us, we want the widest distribution of tokens possible. Our entire project is aligned with the community standards of openness and fairness, and a large airdrop is a great way to demonstrate that.”
The team behind Havven built blueshyft, the largest cryptocurrency payment gateway in Australia, according to the statement. Walter De Brouwer from Doc.ai is one of the company’s high-profile advisors
Havven will offer a digital method of payment that fulfils the same three functions that traditional forms of money and asset-ownership do: act as a unit of account, a medium of exchange, and as a store of value, states the company. The tool allows people to safeguard their crypto-investments, transfer money through stable, digital currency conversions, and safely plan payments in advance as they would with fiat currencies.
For more on how Havven works: https://havven.io/how-it-works