02 May 2018 Update - Tron Airdrop To ETH Holders Status

in #tron6 years ago (edited)
On April 21, TRON announced a 30M TRX airdrop to the Ethereum community to express our gratitude for Ethereum’s support during TRON’s ERC20 phase, and to prepare for the Super Representative Elections after mainnet launch.

You can read about it in my previous post here - TRON Announces 30M TRX Airdrop To Ethereum Community - 22 April 2018

Tron and ETH.png

Airdrop status

Since the airdrop begun there has been a buzz on forums and crypto sites since not much information regarding the airdrop has been released but today Tron has issued a statement regarding the current state of the airdrop.

The ETH Tron Airdrops began on April 27, but due to severe Ethereum network congestion, we have only completed ~4% of airdrops to eligible Ethereum users at the time of writing. We have increased mining fees to accelerate the airdrop process and catch up on the backlog but there was no firm date set on when this Airdrop will be completed and which exchanges and wallets will be compatible for automatic retrieval or will it require a manual request for your airdropped tokens. Tron has urged holders to be patient as the distribution speed is out of their control

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Straight from big mouth Justin Suns mouth

Airdrop distribution

Ethereum user accounts will be given an average of 50 TRX. 30 million tokens in all will be dropped worth over $1.7 million. Currently, the token is trading at $0.052.

How to quality for the Airdrop

Any account with over 0.1ETH will be eligible for the airdrop with over 600,000 accounts eligible to receive the tokens. I am not sure whether purchasing at least 0.1 ETH is worth receiving a free 50 TRX, but that would up to the individual investor to decide.

Airdrop disclaimer

Please note! The TRON team will handle all processes for the airdrop event. We do not require any action from Ethereum users. TRON will not solicit users for tokens or addresses for ANY reason. If you encounter this type of suspicious activity, please contact support immediately at [email protected] or https://twitter.com/Tronfoundation to avoid any financial losses.

Have your say

What do you think of Tron's decsion to Airdrop to ETH holders? Do you own any tron or ETH? What do you think the future holds for Tron? Are you excited about their main net launch? Drop me a comment and lets discuss it

Let's connect

If you looking for regular crypto updates, info on the latest airdrops or just enjoy my take on whats happening in the crypto world then follow me @chekohler & smash that upvote button to buy me a beer

Source: Medium

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