It’s commonplace to come across chances in the cryptocurrency industry where owners of particular tokens are rewarded. One such chance is quickly approaching for owners of SOLO and XRP. Here’s how to get your hands on some XCORE coins, the token alternative for the Coreum blockchain’s native currency.
An announcement states that the XCORE airdrop snapshot will take place on March 24, 2023, at 13:00:00 KST. The total quantity of XRP and SOLO held in Upbit accounts will be the estimation criterion used to evaluate eligibility for the airdrop during this snapshot.
The XCORE project team said that there will be 50,000,000 XCORE in total for the airdrop. 25,000,000 XCORE of this amount will be airdropped to XRP holders, while the remaining 25,000,000 XCORE will be given to SOLO holders. The results of the snapshot will determine the final distribution ratio, which will then be declared.
The XCORE airdrop is scheduled to begin on May 15, 2023, according to the distribution plan. Please be aware that this timetable is subject to change based on changes to the XCORE team’s schedule.
Note that beginning on March 24, 2023, at 11:00 KST, deposits and withdrawals of XRP and SOLO will be temporarily halted. They will restart as soon as the airdrop support is finished and stability is confirmed. It’s important to note that any XRP deposits made during this suspension will not be included in the snapshot and will not qualify for the airdrop. Therefore, if you want to be eligible for the airdrop, it’s a good idea to deposit XRP before the suspension period starts.
The Layer 1 decentralised blockchain, Coreum, which is being created by the Sologenic Development Fund, includes xCORE. This airdrop, timed to the opening of Coreum’s mainnet on March 24 at 4:00 UTC, is intended to raise awareness of the new Coreum ecosystem.
