World’s First “Proof of HODL” Airdrop to Stimulate Adoption of DCARPE Assurance and Disclosure Platform
There are many airdrop campaigns being promoted in the crypto space and most crypto adopters ignore them. None of them really provide any adoption and all of them usually attract the wrong type of adopter.
The AUDT Token Economics and the Proof of HODL Airdrop has the potential to create the highest staking and utilization ratio in crypto.
Most token sales attract short term “flippers” who are not interested in using the token for accessing the network for which the token was designed. This leads to speculation rather than as a utility designed to function within a specific decentralized network. It also angers regulators.
With this in mind, Auditchain is launching the first Proof of HODL” Airdrop. It is designed to help prove the intent of the early adopters of the DCARPE Assurance and Disclosure Platform. It will reward adopters of the DCARPE Assurance and Disclosure Platform with additional AUDT Tokens ONLY if it is proven that the user did not purchase the AUDT Token for speculation and thus held or staked the AUDT Token to facilitate utility in the DCARPE Assurance and Disclosure Platform.
The “Proof of HODL” Airdrop will feature a drop of up to a total of 45,000,000 AUDT Tokens in four (4) separate airdrops to early adopters over the course of the one year period following the Auditchain IEO.
A snapshot of all AUDT Token balances in all wallets will be taken as of the last block validated on each of the 30th, 91st, 181st and 271st day following the final phase of the IEO. The Airdrop will occur pursuant to the following eligibility conditions; (i) Wallet addresses must contain a balance of AUDT Tokens at the time of the snapshot, (ii) the balance of AUDT Tokens contained in each wallet address must be identical in state for each of the consecutive blocks following the snapshot with one exception; AUDT Token balances may be increased but never decreased.
No AUDT may be moved or transferred at any time from the wallet address. Every block will be audited to verify that no movement of any AUDT occurred between the snapshot block and the Airdrop. Any movement of any amount will result in the disqualification of that address for that specific Airdrop.
It is expected that each snapshot and Airdrop shall occur at each of the estimated times listed below for the following amounts;
Each Airdrop will be distributed to eligible wallets containing an AUDT Token balance in proportionate to their stake in the total amount of AUDT Tokens held by eligible wallets. This will be calculated using the following formula:
Total Airdrop Amount multiplied by the Number of AUDT Held by the Adopter divided by the Total Number of AUDT Eligible to Receive the Airdrop equals the number of AUDT you will receive in each Airdrop.
Sound innovative? It is. But its only for those who actually stake and use the AUDT Token. If you are willing to HODL for each of the four Airdrops, then you will have earned a minimum of an additional 39.13% bonus.
The formula used to calculate your Proof of HODL bonus takes into account a very interesting and unprecedented unique feature. To illustrate how the formula works; if you HODL 100,000 AUDT Tokens and you were the only one who complied with the Airdrop Terms for that drop, you will receive the whole amount of that drop!
So theoretically your wallet address could receive any one of the 4,500,000, 9,000,000, 13,500,000 or 18,000,000 AUDT Token Airdrops if every other wallet address fails to comply with the Airdrop Terms!!