TRON (TRX) Update: Airdrop - January 11, 2018

in #ripple7 years ago

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At TRON, we believe that tokens are most useful when they are as widely distributed as possible. In the case of a TRON, a wide distribution is also critically important for the token. Unfortunately, not everyone has the time, opportunity, and technical proficiency necessary to get into the earliest moments of a token generating event. How then can a given token find its way into more hands?

In TRX’s case, 7% has already been set aside from the total issuance, ready to be distributed by an automatic airdrop. That is, now every address on the ETH blockchain that has a balance over a minimum threshold of 0.1 ETH will receive a share of this 7% that is proportionate to their share of ETH or TRX.

For every 1 ETH that you hold, you can receive proportionate 2595 TRX tokens as an airdrop. Existent TRX holders will also benefit from this airdrop, for every 1 TRX that you already have, you can receive 0.3 TRX.

We believe that introducing to a few hundred thousand account holders the possibilities of TRON will ultimately make the network stronger, and we hope it will create interest in TRON and its underlying mechanisms as a new, complimentary construction to ETH.

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