On Ethereum block 14,200,000 (on Valentine's day), we will take a snapshot of all Ethereum balances with 0.02 ETH or more and combine it with the snapshot on block 0 (Ethereum genesis block) and form the genesis of the Decker Network.
There will be no ICO and no premine.
100% of all the initial supply of Decker Network will be airdropped to more than 16 million Ethereum addresses.
Each address in the snapshot will get 200x the amount of ETH (capped at 50,000 ETH per address):
Addresses below 0.02 ETH: Not included in the Decker genesis.
Addresses with 0.02 ETH to 50,000 ETH: Will get 200x DNC (4 DNC to 10M DNC)
Addresses with 50,000 ETH or more: Will get 10M DNC.
After the snapshot, we will process the data and get ready to launch the Decker Network.
Decker Network will be based on Substrate https://substrate.io/ and with the way it will be distributed, we are hoping to make it the biggest and fairest and most successful DAO in the space.