Will Helium coins be distributed right after the August 1 snapshot?
If so, how will we hold them? Will there be a Helium wallet by that time, or will they be an ERC20 token or something else that can be exchanged for the Helium coin in the future?
Great question.
The August 1st snapshot date is simply to collect the information for the coin redemption, which will happen soon after the Helium network launches in early September. Once we launch, the circulating supply as per the Speadcoin August 1st snapshot will be fast mined (perhaps in the genesis block) and then we can look at starting the redemption process.
I will be providing updates on this all at the next AMA I will be holding in the Helium slack. Details to follow.