There is less than a week left for the COLONY Token Airdrop which will have approximately 20% of its 1,000,000,000 (1/21th of the maximum supply) distributed at once for the investors of the Genesis League Sports platform (this is considered a friendly fork) and the rest will be distributed over the course of 5 years.
This second part of the Airdrop will be available for both GLS investors and those who are staking SPS. Districution details are listed in the Whitepaper. I have not seen a 5 year long Airdrop anywhere in the cryptosphere. Even a 1 year Airdrop is very much outside of the norm. I like the long term focus created by the Invennium team. The Airdrop is set to release more of its COLONY Token towards the end of the Airdrop meaning there will be a good reason to HODL SPS + GLX over the next bear market.
I like the minimum requirements for the Fork + Airdrop at the current prices. Only those who have a certain level of skin in the game is given COLONY Tokens for free while keeping the entry point low enough for small investors from different parts of the world to join. This is a trend I would like to see moving forward from more projects.
I Have Minimum GLX Requirements.
I Have Minimum GLUSD Requirements.
I Have Minimum SPS Requirements.
I Do Not Qualify For The Fork + Airdrop
I Did Not Know About @arcadecolony
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I Did Not Know About @arcadecolony
(50.0%)
4
/ 8
I Have Minimum GLX Requirements.
(25.0%)
2
/ 8
I Have Minimum SPS Requirements.
(12.5%)
1
/ 8
I Do Not Qualify For The Fork + Airdrop
(12.5%)
1
/ 8
