Drops 12 : AZIT — ‘AziT’ token
Dear members of the KLAYswap community!
We are excited to announce the 12th KLAYswapDrops event — Azit alliance’s token ‘AziT’.
1. What’s AZIT and AziT token
AZIT is a project that provides customized services for the real estate/residential market. AziT was launched to address structural problems faced by consumers using related services and still insufficient customer compensation systems and customized services despite growing demand and transactions in the real estate/residential market.
The problem with the real estate/residential market that AziT paid attention to is that the mileage point system is operated to secure new customers and maintain existing customers, but the level of compensation consumers feel is insufficient due to the limited amount and its usage. Next, customer data is limited to the service sector, so customized marketing and personalized services are bound to be limited. To address this problem, the Azit platform aims to provide integrated point services as a solution to real estate/residential/IoT service platform companies and service users in the field of Property Technology.
At Azit, Blockchain Mileage (BM) is a mileage token with blockchain technology that can be switched 1:1 with existing points of partner companies, and you can obtain AziT Token by selling BM. Azit Token is the only means of purchasing Blockchain Miles and a medium that allows customers to buy and sell Blockchain Miles between heterogeneous services, centered on the AziT platform. There are four ways to acquire AziT Token: 1) purchase on a listed cryptocurrency exchange, 2) sell Blockchain Miles, 3) receive air-drop through promotions, 4) or receive from others.
2. AziT airdrop period and amount, during KLAYswap Drops
AziT airdrop will be performed for 7 days, from Feb 1 to Feb 7. The total quantity of AziT to be distributed through KLAYswap Drops is 160,000 AziT. Among them, the quantity that will be Airdropped to vKSP holders is 96,000 AziT. The amount that each user receives will be determined by snapshots of vKSP voting power, based on their KSP staking amount. Tokens can be claimed on Feb 7th, after the airdrop is over.
Initial Supply : 160,000 AziT
- Drops Airdrop : 96,000 AziT
- LP pair generation: KSP- AziT, KLAY-AziT (8,000 AziT each)
- follow-up Airdrop : 48,000 AziT
KLAY-KSP, KLAY-ETH, KLAY-USDT, ETH-XRP, KSP-ORC, KUSDT-KDAI (8,000 AziT each)
3. How to participate in Drops
If you are a user who is currently staking KSP, you are automatically eligible for the new project airdrops that Drops offers. Tokens will be airdropped based on the snapshot of the user’s vKSP quantity after KSP staking, and the snapshot will be held once a day at 9:00 am (KST/UTC+9). In order to receive the airdrop, you must have vKSP before the snapshot.
4. Token allocation
1) Total supply: 500,000,000 AziT
- Partners (30%)
- Investors (25%)
- Marketing (20%)
- Foundation (20%)
- Operation (5%)
: In the case of AziT tokens, 4.45 million AziT, which account for about 4% of the total marketing volume, are linearly distributed about 370,000 AziT per month for a year in KLAYswap and used for various marketing activities. And the total supply excluding the Drops Initial supply and 4% of total marketing volume will be locked up before listing on the central exchange. Since then, based on the initial listing on the centralized exchange, the rest of the quantity including remaining marketing volume will be vested for three years (20% in the first year and 40% each since then).
5. Project details
- Official website : https://www.azit.partners/
- Kakao community : https://open.kakao.com/o/gMc9IChd
- Naver blog KR : https://blog.naver.com/azitalliance
- Medium KR : https://medium.com/aztialliancekr
- Medium EN : https://medium.com/azitalliance
- Telegram EN : https://t.me/azitalliance
- Twitter EN : https://twitter.com/AzitToken