This guide will walk you through the process of participating in the Evolution Airdrops which will take place starting May 10th 2018.
For those of you who are new, Evolution will be running on its own blockchain. Evolution aims to solve the issues taking place in EOS with large ownership stakes by Exchanges and Block Producers as previously discussed.
Why an Airdrop?
Evolution will not be holding an ICO. Evolution is based on the DPOS consensus proposed by EOS and will honor the community by airdropping tokens. The aim is to disperse tokens evenly across the EOS community.
What do I need in order to participate?
To allow for an equal distribution between early and late adopters of the EOS we’ll be providing two EOS airdrops, the Initial Airdrop and the Scale Airdrop. For the Initial Airdrop taking place on May 10th you will need to have your EOS Tokens properly registered through EOS.io and stored on an Ethereum compatible wallet in order receive your tokens. If you have at least 25 EOS Tokens in an EOS Verified Registered wallet for which you control the private key (for example a Hardware Wallet, MyEtherWallet, Metamask, etc) then you will automatically receive your Evolution Tokens, there is nothing else you need to do. DO NOT use an exchange wallet.
There are no other rules to know or adhere to for the Initial Airdrop. We will never ask for your private keys or ask you to send us any funds. Please be careful and reach out to us if you have any questions at all. For questions t.me/EvolutionOS
How do I participate?
There will be three campaigns to participate in for the Evolution Airdrop:
Initial Airdrop: All EOS token holders holding at least 25 EOS Tokens at the end of Day 325 of the EOS crowdsale (May 10th, 2018, 05:30 PM UTC) in the EOS crowdsale snapshot will receive 17.5% of the total supply of Evolution Tokens. These tokens will be transferred directly into your Ethereum (ERC20 compatible) wallet. There will be a number of checks and tests following this and the Evolution Tokens will be delivered following this period.
Scale Airdrop: Full details will be released in late May.
IMPORTANT:
In order to limit Sybil attacks, the initial and scale airdrop campaigns will have the following locked safeguards in place.
In order to be eligible to receive Evolution Tokens, airdrop participants must have registered with EOS.io and have the following predefined amounts in a public addresses:
Wallet Verification Requirements: A minimum of: 25 EOS and a minimum of: 0.025 ETH
Community Airdrops: The Community Airdrops will be ongoing airdrops for members who participate in the community. The first round of community airdrops are scheduled to begin on May 5th 2018.
How many tokens are being airdropped?
There will be a total supply of 5,000,000,000 Evolution. Another allotment will be airdropped to developers and Block Producers candidates after the blockchain launches. You can find a full breakdown of the Evolution Token Allocation here.
Launching the Evolution Blockchain
Once the Evolution Blockchain launches, the ERC20 token contract will be frozen and the ledger will be transferred over to Evolution through a process, defined by the launch team, that will be described on the EvolutionOS.com website.
Why no bounties?
The team came to the conclusion that typical bounties: “retweet this,” “like that,” result in increased levels of spam and bots that ultimately dilute core values and the community with it. Evolution would rather airdrop the tokens to real people who would like to contribute to the growth of the Community and participation in Governance.
Why are we airdropping to the EOS Community
Our token distribution model is designed to put the power back in the hands of the community and allow equal opportunity for all members. Instead of an ICO, we opted to AirDrop tokens onto participants of the EOS crowd sale. Our Airdrop distribution will be equally distributed to EOS holders independent of ownership stake.
The current EOS ICO model run by BlockOne requires an investment to receive EOS tokens and in no way guarantees a main net launch or unfrozen ERC20 converted tokens. As outlined in #21 from the EOS FAQ. The sale of EOS tokens is solely set aside to develop the EOS open source software. There is no separate foundation aligned with BlockOne that will ensure the final initiation of a blockchain nor the final transfer of the current EOS ERC20 tokens to a long term solution.
Through Air Dropping directly to the EOS participants and Evolution community members we propose a different distribution model designed to allow anyone to participate equally, independent of capital investment.
Welcome to the Evolution!
Telegram: t.me/EvolutionOS
Reddit: reddit.com/r/EvolutionOS