Introduction
Etherum was invented in the year 2013 and it was Etherum which brought the concept of smart contract, dapps to the Blockchain technology and the applications of blockchain technology scaled further heights and the reach also get expanded.
Over the last 5 years, Etehrum family has become really big with so many tokens and dapps. Every dapp has its specific use-case. But within the Etherum family, sending/receiving ETH or ERC20 based tokens is also one of the most frequently used use-case and probably it is a very generic use-case for every user.
For bounty managers, organizers of airdrops or events, who usually send tokens to a number of users, sending to the individual address separately is a time consuming and hectic task. Therefore a better solution is needed so that the sending to multiple addresses can be done in a single click, that can also save a lot of time & energy.
Brief Overview of Multisend
Multisend is a dapp in Etherum platform, which allows users to send/distribute ETH/ERC20 tokens to multiple addresses(up to 100 addresses) in one go. The users can add multiple addresses and put the amount for each of the addresses and then send in one go. It is a useful app for bounty managers, event managers who usually deal with sending and distributing bounties/prizes to a number of users.
Multisend in StateoftheDAPPS
StateoftheDAPPS is an online curated directory which keeps a list of dapps on various blockchains. They are categorized. Multisend comes under the category of "Wallet". The current rank of Multisend is 364. Multisend is a decentralized application on the top of Etherum blockchain.
Getting started with Multisend
- Go to https://multisend.co
- Click on "Start Sending".
- Then it will ask you to connect to Metamask. Click on "Connect".
- Now in Metamask, enter your password and click on "Login".
- Then it will ask you to authorize the access to connect to your address. So in order to authorize click on "Connect".
- Now you can send ETH or ERC20 tokens. For sending ETH select "Send Ether" and for tokens select "Send Tokens". Type the address in the relevant box, put the amount, then click on "Add". You can add as many addresses you want(upto 100 addresses) and send them in one go.
- You can also import addresses with Google sheet URL, for that click on "Import".
Advantages
- For bounty managers, airdrops and for managing sending of ETH & ERC20 tokens to a number of users, it is a useful option.
- It can save a lot of time.
- The distribution of tokens can be done in a quickest possible time.
- Simple & easy to understand for an average user.
- Free to use.
- It can save a lot of transaction fee, as the user needs to pay a single transaction fee, yet can send to multiple addresses.
Disadvantages
- Only available in Etherum family.
- Needs additional security features.
Overall Assessment & Rating
I really like the simple user interface of Multisend. Generally, the users spend some amount of time to understand a dapp. But Multisend is so simple that even an average person can understand it without having to spend much time on it. I think sending to multiple addresses is a very common use-case and this dapp has a real use on a daily basis. The sending process is also quite easy and can be executed in a single page. This simplicity is more appealing for the general users. The bounty managers can organize bounties and airdrops in a more organized way with Multisend.
So I want to give a 5 star rating to Multisend.
Conclusion
In Etehrum family, the sending of ETH & ERC20 tokens are very frequent as Etherum family is really big with so many different types of dapps and ERC20 tokens. Further, sending to multiple addresses is a frequent use case. Multisend has really made the task of people very easy & simple when it comes to sending to multiple addresses. Using Multisend is so simple that it can be understood by every type of users.