Announcing the PAYTHER public airdrop

Payther Foundation
3 min readJun 8, 2018

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Based on our recent publication on our project development plan, We are announcing that PAYTHER will be conducting on of the most biggest airdrop in the history of cryptocurrency. We will be airdropping 300,000,000 PYT tokens which is 30% of the total supply to our community members as well as the members of the public who show interest in welcoming our project.

Limits of participants/tokens

This event will be strictly supervised by the PAYTHER foundation team in a fair and legal manner. The limit of participants is capped at 300,000 users, which deliberately makes it obvious that each participant will be liable to receive 1,000 PYT tokens.

Airdrop registration

The process to which users can participate in the airdrop is quite simple as completing some few easy steps as giving on the official airdrop page and all participants will be subjected to KYC policy which will prevent this event from being abused and filter out cheats. also, to comply with any current and unforseen regulations. All nationals are welcome to participate in the airdrop.

Airdrop duration

The airdrop starts from the date of this post till October 30th [Approximately 5 months] or when the airdrop has reach its maximum cap of 300,000 participants. The reason for this scope of a wider duration airdrop is to recruit as many members to the community & distribute the tokens as fairly as possible to the public.

Why Airdrop?

We believe that only 1% of ICOs nowadays are worth participating. And its worthy to note that, the key to success of a project lies with its supporters and community. They are the best thing we can get, and as often stated in our publications, PAYTHER is a nonprofit and open source project which will be developed by the community for the community. The love we have for Ethereum as a whole decentralized blockchain for apps and smart contracts prompt this movement of creating a useful tool which will aid how payments are being made on the ethereum network. Even though we have seen some projects in a similar attempt, we still believe PAYTHER will be a breakthrough within its norm for decades.

Airdrop Distribution

Every participant in this airdrop will receive 1,000 PYT tokens each. This tokens will be distributed in Q4 2018. This is to ensure we have gather as many users as possible to create a wider and evenly distribution. All participant will be notified through newsletter and Announcements will be made on all our official channels and media regarding the exact date the distribution will commence. In cases where not all the allocated airdrop tokens were claimed during the airdrop period, we will add the remains to the PAYTHER POC (Proof-Of-Contribution) Funds. this funds will be used to fund community contribution in promoting and developing PAYTHER’s ecosystem.

Airdrop requirements

Anyone can participate in the airdrop as much as such person/s is above age 17. Must possess any government issued ID (will be required at a later date to claim their assigned tokens), a valid email address, an ethereum address [not an exchange address] and be a user of these platforms; twitter and telegram, as he/she will need to submit his/her ID of these mentioned social medias to certify him/her as a human and not a bot. As long as all this conditions are met, the participant is bound to qualify for the airdrop.

Further awareness

This airdrop is one of the many airdrops the payther will be conducting. The foundation will still introduce some other community incentives in form of holders and partnership airdrops. More information about these events shall be made known to the community in near future.

WEBISTE |AIRDROP | TELEGRAM | TWITTER

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Payther Foundation

Decentralized payment management tool providing simplified escrow using smart contracts on ethereum blockchain. https://payther.co