At ZILLIQA, we believe that tokens are most useful when they are as widely distributed as possible. In the case of accessing, managing and paying with a range of different cryptocurrencies, a wide distribution is also critically important for network security. Unfortunately, not everyone has the time, opportunity, and technical proficiency necessary to get into the earliest moments of a token generation event. The question becomes: how can a given token find its way into more hands?
In ZILLIQA’s case, 4% has been set aside from the total issuance, ready to be distributed by an automatic airdrop. That is, now every address on the Ethereum blockchain that has a balance over a minimum threshold of 0.1 ETH will receive a share of this 4% that is proportional to their share of ETH.
For every 1 ETH that you hold, you can receive 3000 ZIL tokens as an airdrop. Existing ZIL holders will also benefit from this airdrop, for every 1 ZIL that you already have, you can receive an additional 0.3 ZIL.
Exchanges will not support the ZIL airdrop and we will not be able to airdrop the tokens to your wallet. In order to receive the ZIL airdrop you need to:
1. Have a personal Ethereum wallet (like MyEtherWallet, Parity and etc.) where you hold the actual private key.
2. Withdraw your ZIL and ETH balance from the exchange you have them on to your personal wallet.
3. Enter your address, balance and follow the steps above to claim your tokens.
Zilliqa is the world's first high-throughput public blockchain platform - designed to scale to thousands of transactions per second. Zilliqa brings the theory of sharding to practice with its novel protocol that increases transaction rates as its network expands. The platform is tailored towards enabling secure data-driven decentralised apps, designed to meet the scaling requirements of machine learning and financial algorithms.