At ZILLIQA, we believe that tokens are most useful when they are widely used to the extent practicable. In the case of accessing, managing and paying with a range of different cryptocurrencies, a wide distribution is also critically important for network security. Unfortunately, not everyone have spare time, opportunity, and technical proficiency necessary to get on the earliest moments of a token generation’s events.
In ZILLIQA’s case, 4% has been set aside from the total issuance, ready to be distributed by an automatic airdrop. That is, now every address on the Ethereum blockchain that has a balance over a minimum threshold of 0.1 ETH will receive a share of this 4% that is proportional to their share of ETH.
For every 1 ETH that you hold, you can receive 2000 ZIL tokens as an airdrop. Existing ZIL holders will also benefit from this airdrop, for every 1 ZIL that you already have, you can receive an additional 0.3 ZIL.
Exchanges will not support the ZIL airdrop and we will not be able to airdrop the tokens to your wallet. In order to receive the ZIL airdrop you need to:
1. Have a personal Ethereum wallet (like MyEtherWallet, Parity and etc.) where you hold the actual private key.
2. Withdraw your ZIL and ETH balance from the exchange you have them on your personal wallet.
3. Enter your address, balance and follow the steps above to charge your tokens.
Zilliqa is the first public blockchain designed to implement sharding, allowing for linear scaling as the blockchain grows in size.To date, scalability has been an issue for existing blockchain technologies.