The TRON Ethereum Airdrop Explained
In other words, if you held ETH April 20th, 2018, you MAY get some free TRX on the new TRON network, as a thank you for the time TRON spent as an Ethereum-based “ERC20” token.
Details can be confirmed on an Article by Tron Labs and shared by Justin Sun on Medium called “TRON Announces 30M TRX Airdrop To Ethereum Community.” I have offered the essential details below in the form of excerpts (see the citations and Tweets for the full version).
TRON will airdrop 30M TRX (equivalent to approx. USD$1.7M) to active user with a balance of over 1 ETH after January 1,2018. Each account will receive random TRX (an amount between 10 TRX — 100 TRX will be randomly selected for each user).
Ethereum users who meet the following requirements will be eligible for airdrop:
1. Any account on the public blockchain that transfers or receives ETH from Jan-01–2018 00:00:02 AM +UTC — April 20, 2018 00:00:04 +UTC (block 4832686 to block 5471198).
2. Account has an ETH balance of over 1 on April 20, 2018 at 00:00:04 +UTC (block 5471198).
With that said, it is sort of a backhanded thank you, as TRON is planning to compete directly with the Ethereum network and this essentially incentivizes people to start using the new TRON network. Smart move, and a rather cool move too.
Here is the face of TRON Justin Sun making a bold statement related to my last point:
“From today to the last day, we are no longer the ERC20 token and in the future, we will compete with Ethereum as a DApp platform,” Sun had said during the launch of testnet. “We will compete face to face with Ethereum, and we have confidence we will build a large ecosystem; a much large ecosystem than the Ethereum. I will explain to you why we can surpass Ethereum in the future.”
#TRON wouldn’t be where we are today without #Ethereum. But we want to solve issues when we see them. Stay tuned for a $TRX airdrop today! Use #TRX to experience our high TPS platform & join the #TRON democracy—#ETH offers neither. https://t.co/zvQjnzO7Zu
— Justin Sun (@justinsuntron) April 21, 2018
- TRON’s $1.7M Airdrop To Ethereum Community Is A Potential Killer. Ethereumworldnews.com.
- TRON Announces 30M TRX Airdrop To Ethereum Community. Medium.com.