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? Grin

And what would be a fair price for 1 Callisto (CLO) coin?

"Everyone holding any ETC will be given 1:1 Callisto." How does it happen? Are the ETC holders given CLO for free, what's the process?

take your ETC address and copy/paste here -> https://explorer.callisto.network/, or https://callistoexplorer.com/home , or https://cloexplorer.org/home
if there is some CLO availableyou can manage the CLO address here -> https://ethereumproject.github.io/etherwallet/#send-transaction (CLO - Callisto.netwotk in the dropdown menu)