Categories: CryptoNews

Airdrop to Holders of Video-Game Tokens

NITRO, the public-company backed cryptocurrency for the games industry, announces airdrop to holders of current video-game tokens.

Disclosure: This is a Sponsored Article

In line with its mission to empower gamers with the opportunity to have a say in games that are in the process of development, NITRO will airdrop a total of 50 NOX per wallet holders of a carefully curated list of video-games tokens.

To be eligible for the airdrop, token-holders must hold the equivalent of at least 0.1 ETH of major video game tokens and register to stake a claim on NITRO’s website. The major video game tokens are as follows: AppCoins, Decentraland, DMarket, Enjin, Flux, Game Machine, KickICO, MobileGo, NITRO, Playkey, Skincoin and WAX.

Registrations will begin on the 20th of December and last till the 31st of December (23:59 GMT). Only the first 10,000 registrants with eligible wallets will receive NOX. The list of eligible wallets will be obtained from a snapshot taken on 01:00 hours on 24th December (GMT).

The airdrop will enable recipients to join current NOX holders in:

  1. Being able to vote on the funding of games
  2. Receive discounts when converting to in-game currency
  3. Participate in reward programs for their activity within the network

The airdrop will be conducted in the following manner:

  1. A snapshot of the blockchain will be taken on 01:00 of 24th December (GMT)
  2. The distribution of NOX will begin by the second week of January.

For existing NOX holders

As a form of reward for participation in the network, purchasers of of NOX tokens can expect to receive quantity bonuses based on their wallet balance on 26th December. The bonus tokens will range from 5% to 25%, based on the schedule indicated below:

Related Post
  1. A snapshot of the blockchain will be taken on 23:59 on 26th December (GMT)
  2. The distribution of bonus NOX will begin by the second week of January.

“Having previously announced the addition of over 318 games and 348m users to be integrated into our network and raised the equivalent of over US$2.7m in the first phase of its crowdsale, we are excited to open up our project to holders of video-game related tokens at large. We believe that this will give them a greater voice in being able to vote for games to be funded via NITRO. We would also like to reward purchasers of current NOX tokens for their contributions” said Kin-Wai Lau, NITRO’s Director

About NITRO

NITRO is an online blockchain based cryptocurrency project designed to provide a holistic approach to solve end-to-end ecosystem problems of the video-games industry. The Project seeks to integrate all stakeholders of the US$100 billion video-game industry onto a single platform.

NITRO involves the creation of NITRO Token or NOX and an integrated online marketplace called NITRO Marketplace. NOX is developed on the Ethereum network. NITRO is the first cryptocurrency project backed by a publicly listed company — iCandy Interactive Limited, a Southeast Asian mobile entertainment group listed on the Australian Securities Exchange (ASX).

About iCandy Interactive

iCandy Interactive Limited (“iCandy”) is an Australian incorporated public company that has its core business in the development and publishing of mobile games and entertainment for a global audience. iCandy is listed on the Australian Securities Exchange (ASX) under the symbol ICI. iCandy is one of the leading mobile entertainment group in Southeast Asia with over 23 million smartphone users over their network

iCandy runs multiple subsidiary games studios in Malaysia, Singapore and Indonesia, including leading games studios Appxplore and Inzen Studio. In particular Appxplore has been named Google’s Top Developer on the Google Play store. Top games made by iCandy include Crab War, Alien Path, Star Tap and Dark Dot. Almost all of iCandy’s games titles have been recommended and featured on Apple’s App Store (iOS) or the Google Play Store. iCandy has won various awards including the Best Gameplay award at the recently held International Mobile Games Awards (IMGA) Southeast Asia 2017.

For further question on this news release, please contact general@nitro.live

For more information visit www.nitro.live

Guest

The writer of this post is a guest. Opinions in the article are solely of the writer and do not reflect The Merkle's view.

Share
Published by
Guest

Recent Posts

GSR Debuts $BESO ETF On Nasdaq As An Actively Managed Crypto Basket Indicating A Shift In Multi Asset Investment Strategies

GSR has formally entered the ETF market with their first ETF, $BESO, which is listed…

5 hours ago

Dogecoin Community Donates $1M DOGE For Animal Welfare

While the Dogecoin community has always had its share of news to talk about, it…

10 hours ago

Polymarket Natively Integrated With The Bitget Wallet As AI Tools Integrates Prediction Market

In a major development, Bitget Wallet has announced the integration of Polymarket directly into its…

1 day ago

Aave Freeze Sparks Immediate Exit of $274M

The Aave rsETH/wrsETH market froze abruptly, leading to a rapid series of withdrawals, including one…

1 day ago

Strategy Increases Bitcoin Holdings With $2.54B Record Purchase

Last week saw major investment firm Strategy Inc. (MSTR) bust into the crypto world with…

2 days ago

Bitmine Sets Record In Weekly ETH Purchase, Ramping Up 101,627 ETH In Just Seven Days

One of Bitmine Immersion Technologies came out to be the most aggressive in its cryptocurrency…

2 days ago