Dear AidCoin supporters,
Following the previous announcement, we are happy to confirm that the AID tokens will be unlocked within the next 24 hours. We are also excited to announce that we have finalised the agreement with a top 5 exchange and we will communicate further details in the following days!
As previously stated, part of the tokens minted during the ICO will be distributed to token sale participants through an airdrop to reward all of you who will hold their AID tokens for a specific period of time after the ICO.
What is an airdrop?
An airdrop is when a blockchain project decides to distribute free tokens, or coins, to specific token holders.
All participants in the AidCoin pre-sale and/or ICO will receive an airdrop based on the number of tokens bought during the token sale and not moved for a period of time, specifically 3, 6, 9 months from the 16th January 2018.
The structure of the airdrop will be as follows:After 3 months: you will receive 5% of the tokens bought on token sale and not moved for 3 months.After 6 months: you will receive 7,5% of the tokens bought on token sale and not moved for 6 months.After 9 months: you will receive 12,5% of the tokens bought on token sale and not moved for 9 months.
Therefore you will receive an additional 25% of the tokens bought on token sale if you hold AID tokens for 9 months!
Check the table below for more details:AidCoin airdrop details
You bought 1,000 AID tokens during the ICO:You’ll receive 50 AID, if you do not move your AID tokens for 3 months.You’ll receive 125 AID, if you do not move your AID tokens for 6 months.You’ll receive 250 AID, if you do not move your AID tokens for 9 months.
IMPORTANT: ONLY the tokens bought during the pre-sale and the ICO will be counted for the airdrop. If you move the tokens you will lose the right to receive the airdrop on the amount moved. For example, if you bought 1,000 AID and move 300 AID before the vesting period, you will receive the airdrop just on the amount unmoved (700 AID).
The AID received on airdrop (for example after 3 months) will not be taken in consideration for the token count. If you bought 1,000 AID, after 3 months you will receive 50 AID. If you hold for other 3 months, you will receive 75 AID (7.5% of the 1,000 AID bought initially, not of the 1,050 AID cumulated).
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Once again, thanks for your support and stay tuned!