Trump seems optimistic about an interest rate decrease from the Fed but I’m not so sure. It is nice to have that on the back burner for bullish catalysts though. Between that, the coming report on digital assets from the White House on Wednesday, Strategy getting into the S&P 500, & the Midnight airdrop, it seems there are a lot of reasons to be happy if you hold BTC.
Do you know when one can claim the airdrop and how much you get for each BTC you own?
Diclaimer:
This is not shitcoin talk. Every sane user here should sell that airdopped shit at some point and buy something nice instead, like BTC
What is “known” so far…
The snapshot was taken on June 11th and $NIGHT will be sent to holders of:
• ADA
• BTC
• ETH
• SOL
• XRP
• BNB
• AVAX
• BAT
It is expected to happen in the next 60 days, but no later than 150 days.
It is a native Cardano token and the largest amounts will be airdropped to ADA holders.
You will need a CIP-30 compatible Cardano wallet to claim.
Claim period will be 60 days.
You needed to be holding at least 0.0009071 BTC at an address when the airdrop happened to be eligible.
It claims to add a privacy layer to Bitcoin’s blockchain.
Adding to this:
In the comment section of one of the yt-vids I was watching yesterday, the guy in the vid was asked about how many tokens Blackrock and Saylor would get. He answered that Blackrock, with a stash of around 690k more or less, would get around 1.3 billion tokens. That would break down to about 2k tokens per coin. Another commentator said that a starting price of .02 was expected.
The claim process requires connecting your wallet(s), signing a message, providing a virgin cardano adress (i. e. new wallet without transaction history) plus having some ADA to spend as gas for distribution.
Sounds like the whole process is maxed for complexity, with user experience coming in last.
I am seriously wondering if it`s really worth the hassle.
Especially when you are considering that distribution will be spread out over the course of a whole year, with 25% increments arriving every 90 days. And those tokens will be locked up for a year, respectivly. Plus, tokens will drop at around the (expected) peak of this bull. Can`t imagine where the Night/Btc-ratio will be at two years later.