There are a variety of reasons why a Blockchain company may engage in an airdrop campaign. One popular reason is to reward early contributors and crowdfunders with an airdropped token of gratitude. Other reasons for airdrop include hard forks and establishing a wide spectrum user base in the decentralized community for future engagement.
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CoinMetro, a tokenized exchange platform built by traders and promising transparency has just announced a massive airdrop campaign to its early contributors after a successful token generation event. The token sale raised over EUR 12 million and it has extended its worth in the public’s eyes. The airdrop campaign will offer 68 XCM tokens to qualified backers as a thank you for the trust in the Coinmetro campaign. Airdropped tokens will be subject to the invested coins being locked in the platform for a nominal period of three months.
HOW TO QUALIFY FOR THE TOKEN AIRDROP
The CoinMetro Airdrop is only for previous contributors but if someone wants to take part, they have to join the CoinMetro Telegram group and follow this process:
- Join the group and ask the password from the Admins
- Once password is received, sign up for a CoinMetro Account or sign in if you already have one and claim the required XCM tokens.
- Participants that took part in the pre-token generation event and token generation event are automatically qualified
- New contributors will need to donate 1 XCM or a minimum of 0.1 ETH (or 0.01 BTC or 0.3 LTC or 0.05 BCH) to qualify for the airdrop.
AIRDROP CONFINED TO ETCF PLATFORM
The airdrop will be done through the ETCF (Exchange Traded Crypto Fund) platform only. All the new airdropped tokens will be done through this platform and the donated number of XCM tokens will be locked automatically for three months before they can be sold. The airdrop campaign from CoinMetro will end on April 15 2018 at midnight!
Since governments around the world including Australia are implementing know-your-customer (KYC) protocols for ICOs and cryptocurrencies, CoinMetro is also going to implement these rules and therefore, it will take almost one month to verify the backers. So, the final distribution will be between June 20th – July 20th, 2018.
COINMETRO’S AIRDROP FAMILY
CoinMetro is also giving the chance to its backers to become a part of the CoinMetro Airdrop family and be whitelisted automatically for future airdrops. The first ten thousand people who deposit more than 0.1 ETH will qualify for all potential airdrops undertaken by CoinMetro. Airdrop family could potentially have a lot of worth as the chance to receive free tradeable tokens is a unique chance.