Hooray to all HODLers: Airdrop is here

Dear AidCoin supporters,

Yesterday we sent the promised 5% Airdrop to our supporters who had been holding AID for over 3 months. Turned out that out of 32M AID sold, a total of 16413488 AID hadn’t been removed and the airdrop amounted 820674 AID.

It’s motivating more than words can say to see that over 50% of you are holding AID tokens!

This showcases how strongly AidCoin concept appeals to you and how much you believe that there are myriads of opportunities yet to discover and a rising demand for AID, as a token powering AIDChain, to meet. We sincerely thank you all for sharing such a deep belief in AidCoin and its future prospects!

And since we have received so many questions about the airdrop procedure, for your convenience we’re posting the general information about future airdrops and examples of how it can be calculated:

AidCoin Airdrop

As you remember, part of the tokens minted during the ICO was going to 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.

Airdrop details

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

Example

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 this one) will not be taken in consideration for the token count. If you bought 1,000 AID, now you received 50 AID. If you hold for another 3 months, you will receive 75 AID (7.5% of the 1,000 AID bought initially, not of the 1,050 AID cumulated).

So thank you once again for your immense support and enjoy the benefits of staying with us!


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