Relex (RLX) is planning an airdrop that rewards holders with a new token at a 1:1 ratio, so doubling whatever you already have. This is not something like a 50 free tokens. If you have 50,000, you'll get 50,000.
Relex is an investment platform. Their current investment channels include partnerships with major real estate development groups like Woodfine Capital, Cocobay Danang, and Marine Bay.
This new token, the Relex Health token, will be used to invest in healthcare innovations. Relex is partnering with Aura Inhale, the company that made inhalable Viagra, to launch this investment platform. Pharmaceuticals is a huge industry with tons of growth potential.
The new token will be given to anyone holding RLX in a wallet like MEW (not on an exchange). No specific date has been announced yet, but the team has said it'll happen sometime in May or June.
Previous airdrops like this have always seen a crazy run-up in price the days right before the airdrop occurs. Now is a good time to get in early before the price explodes.
Thoughts on this or other major free airdrops?
I want to know about what their purpose of this airdrop, to get adoption from society or just for fun ?
Relex (RLX) hasn't been listed in coinmarketcap, Relex official twitter only has 950 followers and their thread announcement in this forum has only a few pages
I think promotion of this project is bad, at least they must register tokens in market cap if they want to get a new user through this airdrop because it can make potential buyers easier in finding markets that provide their tokens