On 1 March 2018 all NEO owners will receive an airdrop of the Ontology (ONT) token. The rate is 0.2 ONT per 1 NEO, of which 0.1 ONT will be available from the moment of the airdrop and 0.1 ONT will be locked and released when the Ontology main net is launched (roadmap says: Q2 2018).
Sweet! Free tokens! But wait, what is Ontology?
Ontology is a newly developed blockchain that was initiated by Onchain, the company behind NEO. As such Ontology will be part of the NEO ecosystem. A big part of the ONT tokens will be managed by the NEO Council. According to the NEO website Ontology is “[…] a next-generation multi-chained public chain infrastructure platform initiated by Onchain, a leading blockchain technology company in China. It is also a common platform that supports a decentralized trust ecosystem.”
Al right, so how do I receive the airdrop?
By holding your NEO in your wallet you will automatically receive the airdrop. You don’t have to do anything. Examples of good NEO wallets are the NEON wallet designed by CoZ or the neo-gui wallet designed by the NEO Council. The exchanges Kucoin and Binance also support the airdrop, but the other exchanges don’t.
What are the important dates to keep in mind?
The snapshot of the NEO blockchain will be done at block height 1974823. This will take place on 1 March 2018 at around 5 am Pacific Time. 50% of the airdrop will subsequently be delivered to your wallet in the first weeks after 1 March. The other 50% (the locked one) will be unlocked when Ontology main net launches.
Where can I find more information?
You can visit the NEO website with detailed information, including links to the Ontology website, here: https://neo.org/blog/details/3061
You can also visit the NEO subreddit where a lot of NEO enthusiasts are more than willing to answer any questions you may have or discuss this topic.
[link] [comments]
from Cryptocurrency news and discussions. http://ift.tt/2FvQDCA
No comments: