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Kucoin have had a pretty steady stream of contests and trading competition since I've been on their platform.... however, most of them (until recently) have required a significant amount of time or treasure to actually begin to have a hope of appearing on the payout rankings. However, recently some of the more participation based contests and giveaways have started appearing again! Mostly, they have just required the Kucoin account or a significantly smaller investment of time and effort (and treasure!).

For this particular promotion, there are three sections to the giveaway... the regular volume trading contest, a holding contest and a Twitter/YouTube promotion. Well, for the first two... you are going to need a significant amount of time and money to take part... so, unless you have both of those in abundance, I would give it a skip... plus, with an untested cryptocurrency... it is too dangerous, as you run the risk of losing worthwhile crypto (Bitcoin...) in exchange for the danger of holding bags of much less useful currency.

However, the third promotion (running until September 12) is quite an interesting one in that you only require the Kucoin account along with the following steps:

Follow and Retweet Competition: 32,400 VSYS To Give Away!

We’re giving a share of 32,400 VSYS to 500 winners - just for following KuCoin and VSYS on Twitter and Youtube, and retweeting the tweet below!

How to Participate:

Follow @kucoincom and @VSYSCoin on Twitter
Subscribe KuCoin and V SYSTEMS on Youtube
Retweet this tweet
Fill in this brief Google form

So, easy enough... a minimal investment in time and no treasure expenditure... for a chance to win some VSYS tokens. In this way it resembles more of an airdrop than a contest... well, I guess the chance element is the contest part!

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Although this is a "free" investment (if you are lucky...), it is always good to remember and understand why you are holding on to a particular form of magical internet money. After all, these tokens need to have a purpose beyond speculation... and a reason to derive any value. A token is only worth as much as someone ELSE is willing to pay you for it... and that is always a good thing to keep in mind when dealing with magical internet money!

VSYS as a ecosystem is aiming to provide the cloud data infrastructure for a decentralised internet (otherwise known as Web 3.0). Dapps require somewhere to store their information, and if they are truly decentralised applications, then that data layer will also need to decentralised for transparency (if required) and resiliency. Instead of each dApp building out their own decentralised data layer, VSYS aimsto be the provider of that infrastructure... with the VSYS token being the utility token that powers the ecosystem.

So, it is an admirable project (one of a few that are also targeting the same problem) in a world of dApps (and especially decentralised finance (DeFi) projects). Is it a sure bet? Is it a worthwhile investment? As with most things in the crypto world, it is a resounding "Not Sure!" or perhaps a "MAYBE!"

Would I invest my own treasure into this project? No, not at the moment...

Would I turn down a free contest drop of VSYS tokens? No, I would take them and hold them to see what happens...

So, if you have a Kucoin account (you can also just sign up for one, it is free and easy to have ready to go within minutes!) and a Twitter and YouTube account... this is a bit of a no brainer... just do the steps and get your ticket in for the chance to have a couple of VSYS tokens dropped to you. A little bit of time, and no cost... for a chance of that magical mystery internet money!

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