An airdrop of XCORE tokens is scheduled for release, the native token option for the Coreum blockchain. An announcement recently revealed that the XCORE airdrop snapshot had been officially scheduled for March 24, 2023, at precisely 13:00:00 KST. The eligibility criteria for the upcoming airdrop have been announced in the latest development. As per the official statement, the total amount of XRP and SOLO held in Upbit accounts would be considered for the estimation process. This snapshot is expected to bring significant changes for the participants.
As per market reports, many investors warned the traders to be aware on March 24, 2023, at 11:00 KST, while deposits and withdrawals of XRP and SOLO would be temporarily halted until the airdrop support is completed and stability is confirmed. For the duration of the suspension, any XRP deposits would not be included in the snapshot or eligible for the airdrop.
In a recent announcement, the XCORE project team revealed that the total supply for the upcoming airdrop would be 50,000,000 XCORE tokens. 50,000,000 XCORE tokens are set to be distributed among XRP and SOLO holders. As per the plan, half of the total tokens, which amount to 25,000,000 XCORE, would be airdropped to XRP holders. The remaining 25,000,000 XCORE tokens would be distributed among SOLO holders. The ultimate allocation ratio is contingent upon the results of the snapshot and would be disclosed at a later time.
In breaking news, the highly anticipated distribution schedule for the XCORE airdrop has been officially announced for May 15, 2023. It should be noted that the timeline is subject to change based on any modifications to the XCORE team’s schedule.
