The Secret Behind DOGS Airdrop: Reasons for Withdrawal Listing and Comparison with Notcoin

Bittime - The new DOGS token exchange mechanism was released and is very similar to the Notcoin airdrop system. Users must first deposit tokens into wallets on centralized exchanges (CEXs) and Telegram before being able to claim their tokens in non-custodial wallets on listing day. 

This similarity is interesting because TokenTable, a platform that has successfully distributed tokens for projects like Notcoin, is also responsible for the distribution of DOGS airdrops to 42 million users. Check out the complete news!

TokenTable's Role in the DOGS Airdrop

TokenTable is a platform designed to simplify and improve the token airdrop distribution process, making it more efficient and engaging. TokenTable has a strong track record, including facilitating token distribution for projects like ZETA and MOCA to qualified users.

Now, TokenTable has expanded its services to the TON network, primarily by helping AVACOIN distribute tokens to 2.9 million users with support from the Notcoin team. This connection likely explains why the DOGS airdrop has similarities to Notcoin.

Read also: DOGS Airdrop Distribution Held by TokenTable for 43 Million Users

Airdrop Challenge on TON Network

However, there are significant challenges faced in implementing airdrops on the TON network. One of the main issues was network congestion during the airdrop event, caused by a surge in active users. 

For example, @IKingyru previously highlighted the difficulty in distributing tokens to 9,380 wallets, as developers limited the number of wallet addresses per transaction to 1,000, coupled with issues such as distribution fees.

This problem demands an effective solution. Even Hamster Kombat, TON's leading mini-app, experienced problems in launching its token. This shows that there is a need for a more mature strategy to face similar challenges.

Optimization of the DOGS and Notcoin Airdrop Process

The DOGS and Notcoin airdrop models address these challenges by optimizing the distribution process. The approach involves depositing tokens into a CEX account by sending them to the associated CEX wallet. 

These actions are performed on the blockchain, but subsequent transactions within the exchange occur outside the blockchain, managed internally by the CEX system. This reduces costs and reduces pressure on the network during airdrop events. 

Collaboration with exchanges to open deposit gates early and collect user information allows DOGS to compile a list of recipient addresses and corresponding token amounts, then notify CEX and send most of the tokens. Distribution is then managed internally by the CEX, which reduces costs and reduces pressure on the network.

Speculation and Future Growth

There is speculation that the Notcoin team is behind DOGS, given the widespread support DOGS has received from Notcoin. However, the Notcoin team remained neutral, neither confirming nor denying these rumors. 

But what's more important is that DOGS is an exciting initiative, and the TON network continues to grow with the support of many talented and passionate developers.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn How to Buy Crypto on Bittime.

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