Callisto is a separate blockchain that is based on Ethereum protocol with its own cryptocurrency (CLO)...Callisto introduces a Cold staking protocol that rewards coin holders for being network participants. The airdop will commence on the 5th of March 2018. Everyone holding any ETC will be given 1:1 Callisto.
https://www.youtube.com/watch?v=gktUVJOT--Y
https://cryptovest.com/news/etc-callisto-airdrop-announcement-leads-to-price-surge-and-stability/
How will this influence the current price of ETC?
And what would be a fair price for 1 Callisto (CLO) coin?
https://www.youtube.com/watch?v=gktUVJOT--Y
https://cryptovest.com/news/etc-callisto-airdrop-announcement-leads-to-price-surge-and-stability/
How will this influence the current price of ETC?
And what would be a fair price for 1 Callisto (CLO) coin?You might see a rush of people buying ETC in order to get their airdrop IF the airdrop is widely publicised. From what I can tell though, most investors are completely unaware of it.
More investors are catching on, I think thats why we are seeing this kind of price action, and the airdrop is still in like 20 days so i think its safe to agree with you that there will be a rush of people. Remember ETC is in top 20, i dont think this airdrop will be overlooked like many others.