NEO is giving a free airdrop estimated to be at March 1st. You will get 0.2 ONT per NEO hold at the moment of the snapshot.
NEO Council are humbled and grateful for all your contributions and support. With your help, NEO's vision of a Smart Economy is now widely recognized by a range of industries, and the NEO blockchain has evolved into a technology-driven community with blockchain developers and contributors all over the world.
That means NEO is starting to take off as a project. That would be great because I think NEO is undervalued at the minute.
By Economic Theory, two assets with the same risk and the same overall expected cash flows, should worth approximately the same. NEO has better tech than ETH right now and is backed by China. Fundamentals are great.
ETH has been trading way above 1200 usd, which is a +1200% actual NEO's price.
As soon more ICO's take place on top of NEO, this coin will skyrocket.
What is ONT?
Ontology is a next-generation multi-chained public chain infrastructure platform initiated by Onchain, a leading blockchain technology company in China. It is also a common platform that supports a decentralized trust ecosystem.
When will be the free airdrop?
The airdropped tokens are part of a donation from Ontology team to the NEO Council. As a gift to the community, this airdrop will consist of 20 million ONT.
Airdrop ratio: Each NEO will get 0.2 ONT (50% of which are freely tradable and the other 50% are automatically locked).
The snapshot of NEO addresses will be done at block height 1974823, which is estimated to be at March 1st, 2018, around 5:00 am (Pacific Time).
Delivery of the first ONT tokens will be completed in the weeks following March 1 (0.1 ONT per NEO). The other locked half (0.1 ONT per NEO) will be using the same snapshot, but will instead be airdropped on the Ontology MainNet. Ontology MainNet is expected to be released in Q2, 2018, specific date depends on how the Ontology TestNet is operating.
That means you will receive 0.1 ONT completely tradable just after the snapshot and 0.1 that will be locked.
You can learn more about the Ontology project through the following channels.
Official Website: https://ont.io/
WeChat: ONT ontology (ontologynetwork)
Twitter: https://twitter.com/OntologyNetwork
Reddit: https://www.reddit.com/r/OntologyNetwork/
Telegram (English): https://t.me/OntologyNetwork
Telegram (Chinese): https://t.me/OntologyNetworkcn
Medium: https://medium.com/ontologynetwork
Discord: https://discordapp.com/invite/4TQujHj
Source: https://neo.org/blog/details/3061
Upcoming ICO on top of NEO
· Narrative (NRV)
· Moonlight
· Neon Exchange (NEX)
· PeerAtlas (ATLAS)
· Thor
I'll be providing more info about this ICO's in my nexts posts.
· VDT Network
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Good news, I hold a chunk of NEO. I'm going to assume if we are holding it on NEON wallet it will be eligible for the airdrop???
Yes you will! NEO about to go to 200usd before no one expects it!
thanks for new update on Neo.
you're welcome :)
Completely agree with your analysis, NEO is still (even though remarkable stable in stormy weathers) underestimated with regards to its potential, technically. IMO, NEO is just starting to compete with Ethereum for a longer run.