Ethos (ETHOS), a cryptocurrency storage and monitoring platform built on the blockchain, announced this week that it has launched its token airdrop program, which delivers daily free cryptocurrency to the wallets of qualifying users.
Beginning today, Airdrops are on their way. We will be dropping one token a day, so for all our pre-registered users keep an eye on your SmartWallets for your tokens. To learn more about the order of the tokens being sent and what to expect, click here: https://t.co/GDSTyYdPmR pic.twitter.com/KlPbeNMsBB
— Ethos.io (@Ethos_io) August 20, 2018
According to the announcement, Ethos will be staggering the airdrops daily across various different coins in order to limit the load on Ethereum’s network, starting with BitDegree (BDG).
We will be Airdropping one token type at a time to our eligible users, in batches of thousands of users at a time, highlighting one token a day. This process is to ensure we do not clog the Ethereum Network and decrease wallet performance, with over 50,000 users set to receive Airdrops.
In order to be eligible for the first batch of airdrops, Ethos Universal Wallet users must meet the following criteria:
- Pre-registered for the Universal Wallet before July 2nd
- Received an email from the Ethos Team, prompting you to create a SmartWallet to receive airdrops
- Using the same email address entered at the time of pre-registration, users created a SmartWallet in the app by August 16th.
There are a number of notable projects that have offered up free tokens to Ethos users, as part of a marketing effort to increase adoption. So far, top projects including OmiseGO (OMG) and Polymath (POLY) have committed funds to the program.
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.