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Stock impact report

OpenSea Faces Sudden Disruption From LooksRare Airdrop -- What You Need to Know [The Motley Fool]

Asana, Inc. Class A (ASAN) 
Company Research Source: The Motley Fool
Launching a new product used to take months or years, and one of the biggest challenges was attracting new users to try -- and then pay for -- the product. Hot growth SaaS stocks companies likeAsana(NYSE: ASAN)Sea Ltd(NYSE: SE)Cloudflare(NYSE: NET) may make the idea of spending on sales and marketing a thing of the past for new companies. On the public blockchain, anyone can find any wallet they want and interact with it directly. Want to offer wealthy people a trial of your product? Just look up addresses with large transactions on the blockchain. Want to disrupt an incumbent? Simply look up their biggest and best customers and offer them your own token for moving their business over to you. It's a simple strategy, and it may just be disrupting OpenSea's once-apparent stranglehold on the multi-billion dollar market on theEthereumCRYPTO:ETHImage source: Getty Images.What's an airdrop?Let's start with a few definitions.One thing to note is that an and a crypto token are both technica Show less Read more
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