In our last post, Dominic Williams, President & Chief Scientist of DFINITY, announced our plans to conduct a broad community airdrop of DFINITY (“DFN”) tokens. Today we’re proud to announce that we have solidified the logistics around this distribution period and are ready to get started.
What you need to know
As previously disclosed, the DFINITY Foundation will be distributing tokens to its longstanding community members around the world. These community members will each be able to collect DFN tokens worth some amount between 500 and 2,500 CHF. We’re blown away by the continued support from our community, and we have used a variety of inputs to determine how DFN tokens are to be distributed amongst the community, including community tenure. R&D on the DFINITY project dates back to 2015 and we’re thankful for the community we’ve gathered to date.
As a thank you to our earliest followers, we’ll begin by distributing tokens to those who have been following the DFINITY project the longest. This will take into account users in our original community platforms (such as Slack, Rocket Chat, and our mailing list).
Community members that joined our mailing list prior to April 4, 2018 (the date the airdrop was first announced) will have the opportunity to take part in the distribution of up to 25,000,000 CHF of DFN tokens.
One of the largest airdrops to date.
To our newest community members — welcome! We’re glad you’ve come here to learn more about the DFINITY project, you’ve come to the right place.
For the community members that joined the DFINITY mailing list after April 4th, we’ll be allocating an additional 10,000,000 CHF in DFN tokens spread equally across all of our new members. We aim to guarantee at least 100 CHF in DFN tokens each!
This brings the total value of DFINITY’s airdrop to 35,000,000 CHF, distributed to tens of thousands of DFINITY community members, making this one of the largest community airdrops to date.
Note — Whether you’re a long time follower or brand new to our community, all of us here at DFINITY would love for you to participate in this airdrop. Head over to the DFINITY website and confirm that you are registered to our mailing list and that your subscription is active. This is directed at those who have not received all of our newsletters. Simply enter your email on the landing page and confirm the subscription through email. If you have previously registered, this process will not alter the date on which you joined.
Due to regulatory uncertainty, U.S. citizens and residents will unfortunately be barred from participating. Again — you will not be able to successfully complete the registration portion of the process as a U.S. citizen.
To those supporters that we’re unable to share this opportunity with, don’t fret! There will be many opportunities to earn DFN tokens in the future. The community team looks forward to making DFN tokens available for strategic miners, contributors to protocol development, dapp developers, and community members willing to take part in future bounty programs.
What to expect.
Our Know Your Customer (“KYC”) and Anti-Money Laundering (“AML”) verification process will commence on Wednesday, May 30, 2018.
We’re proud to announce that CoinList will be our official KYC/AML partner for the DFINITY Community Airdrop.
Initial emails will be sent out on a staggered basis, with our first wave of community members being invited to begin the KYC/AML process on May 30, and following waves being invited sporadically until the end of the week, June 2. Be sure to check your email frequently during this period (as well as your spam folder).
The absolute deadline for all participants to complete the KYC/AML process is June 8, 2018.
During this week, we strongly recommend that you scrutinize ALL communications you receive and be on the lookout for phishing attacks and other forms of fraud. DFINITY will NOT invite you to start the KYC/AML process from Telegram, Twitter, our website, or any other social media platform. You will not receive an email from the DFINITY newsletter linking to KYC/AML providers during this process, only expect to receive an official email from CoinList if you were selected to participate.
Participants will receive the official email to begin the KYC/AML process from CoinList.
Important note — Each subscriber will be required to cover their own KYC/AML processing fee (this charge is approximately USD $9 per person). Fees are payable directly to CoinList within the KYC/AML user flow using Ethereum (ETH) or a credit card. If you’ve never sent a payment using ETH before, you can learn how to here.
What you will need to complete KYC/AML.
Move through the KYC process quickly by being prepared in advance. Be sure to have a valid passport or some form of government issued ID on hand.
Upon successful completion of the KYC/AML process, users will receive an email confirmation of completion. Prior to the launch of the DFINITY network (planned later this year), you will receive additional communications from CoinList with instructions on how to create your DFINITY wallet and receive your tokens.
Note — some participants will not receive confirmation of the specific amount of DFN tokens that they will receive at this time as distribution amounts will be dependent upon the amount of participants that successfully complete the KYC/AML process. This group is however guaranteed at least 100 CHF in DFN.
The DFINITY SWAGDrop
Today is also the official launch of the DFINITY Shop! To celebrate, we’ve launched some limited edition T-shirt designs, and every community member that receives an invitation to our airdrop is eligible to claim a free t-shirt.
Be sure to wait and use the activation code that will be provided in your email invitation to the airdrop to receive your free t-shirt. These codes will expire on June 8, 2018, the same day as the KYC/AML deadline.
Note — purchasers will need to cover the cost of shipping and processing. This fee is on average USD $5 for (US) domestic shipments and USD $7 for international shipments.
Community members from the U.S. are absolutely welcome to use the promotional code to claim some DFINITY SWAG (even if you’re not eligible to complete the KYC/AML process).
Due to the volume of t-shirts being ordered, some items may become backordered. That said, please bear with us as we get SWAG to tens of thousands of global DFINITY community members.
So you’ve gone through the KYC/AML process and received your confirmation email. You also went to the DFINITY online shop and picked up some SWAG. What next?
Now we wait! The DFINITY network runs on a standalone blockchain and users will not receive an ERC20 token placeholder. At the time of network launch (currently scheduled for later this year), CoinList will provide all users who successfully completed the KYC/AML process with instructions to claim their DFN tokens. As a part of that process, individuals will also be instructed on how to create their own DFINITY wallets and safely store their private keys.
Don’t risk not being able to claim your DFN tokens later, be sure to hold on to those confirmation emails!
In the meantime, be sure to join us on one of our social media channels:
Also keep an eye out for DFINITY events and presentations from team members near you by periodically visiting our community page.
In the coming months, we look forward to sharing more on token uses, DFINITY’s research and development progress, network updates, new partnerships and more.
Welcome to the DFINITY community!