The Airdrop is our way of rewarding early adopters and seeding the Zulu Republic ecosystem with a free distribution of ZTX*, no strings attached. During the first phase of the Airdrop, the first 10,000 people who signed up claimed a free deposit of 500 ZTX with no need to stake or deposit any of their own funds to participate. Phase two of the Airdrop is coming soon.
Create your account and be ready for when it begins.
HOW IT WORKS
Collect free ZTX in 3 airdrop phases:
- Phase 1 (closed): Signup and enable 2FA
- Phase 2: Create a Passport
- Phase 3: TBA
After the airdrop, people are free to hold ZTX in their Zulu Republic wallet and send it to other Zulu Republic users or any ERC20 compatible wallet. In the future, Zulu Republic Passport holders will also be able to spend ZTX at verified merchants and receive a 5% ZTX bonus** on every transaction.
WHY DO AN AIRDROP?
Airdrops are often used by blockchain companies as an alternative to (or in addition to) conducting an ICO or token sale.
Why are we doing one?
- It’s a more democratic distribution model
- It allows for wider dissemination of tokens
- It lowers the burden of participation and adoption
- It aligns better with our core philosophy (see the Manifesto)
- We don’t need crowdfunding
Learn more about why we’re conducting an airdrop here.
Total token supply: 1 billion tokens
- 100 million for Airdrop
- 100 million kept for use by Zulu Republic LLC
- 800 million held by the smart reserve for use in the ZTX rewards program
Airdrop Phase 1 (CLOSED)
Distribution: 5 million tokens
User cap: 10k users
Tokens per user: 500
Start date: September 10, 2018
End date: September 26, 2018
Participation requirements: Sign up and enable 2FA
Tokens unlocked: End of airdrop
Airdrop Phase 2
Distribution: 90 million tokens
User cap: 90k users
Tokens per user: 1000
Start date: TBD
End date: When user cap is reached
Participation requirements: Sign up for Passport (includes KYC)
Tokens unlocked: Immediately upon receipt
Airdrop Phase 3
*Zulu Republic offers no assurance that ZTX Tokens will be accepted by any provider of goods or services, NOR for trading on any exchange, NOR does it guarantee the value of the ZTX Tokens if merchants should accept them, NOR that a trading market should develop for them. Zulu Republic will not promote or make a market or otherwise support the price or value of ZTX Tokens on any exchange. Any value of ZTX Tokens will be determined by market forces, independent of any action by Zulu Republic. Users should not view the ZTX Tokens they will receive for free as an investment or source of potential profit. Holders of ZTX Tokens will have no interest whatsoever in Zulu Republic, its income nor its assets.
**5% bonus will be paid in ZTX Tokens based on the number of Tokens used in any given transaction, up to a lifetime total cap of 800,000,000 tokens available for the rewards program