sixexgames
Full Member
 Offline
Activity: 406
Merit: 100
One Social Network
|
 |
August 11, 2017, 12:27:38 PM |
|
But don't worry, you'll lose more money from the ETH drop than you'll make off of the free coin.
This was a marketing ploy to sell their ETH from the ICO.
This is an interesting theory and we'll see if they end up selling. But will this airdrop really affect the price or the number of people holding ETH that much to create a good dump environment for them? |
|
|
|
|
|
|
|
|
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
Za1n
Legendary
Offline
Activity: 1078
Merit: 1011
|
|
August 11, 2017, 12:42:28 PM |
|
In OMG’s case, 5% has already been set aside from the total issuance (see sale doc), ready to be distributed by an automatic airdrop. That is, sometime quite soon (TBA soon), every address on the Ethereum blockchain that held a balance over a minimum threshold of 0.1 ETH at a recent past block height (TBA soon) will receive a share of this 5% that is proportionate to their share of ETH. Before everyone goes crazy, potentially risking their funds trying to move ETH around to take advantage of this, be sure to carefully read the announcement. I bolded the relevant piece from a portion of the announcement that I quoted above, and in two places it is indicating that the "snapshot" has already taken place. Note past tense usage of " held a balance" and than later on " recent past block height". The way I read it is they already have taken a snapshot of the blockchain information that they will use to determine the qualifying address for the airdrop. The announcement of this information is "TBA soon", but the snapshot is already done. |
|
|
|
|
Za1n
Legendary
Offline
Activity: 1078
Merit: 1011
|
|
August 11, 2017, 01:01:43 PM |
|
Would consider moving everything to eth just for this, omg is $6 and so much potential lol . Keep us posted guys !
That could be an interesting strategy but we don't know the date yet... and more importantly we don't know how much the airdrop will be. For all we know they've allocated 10 OMG for this entire drop. So you'd have to keep everything in ETH until they announce the date. My understanding is they're announcing a date that will be in the past for this very reason. If you read the announcement they indicate they allotted 5% of the total issuance of OMG. Since both ETH and OMG have 90 million+ tokens in circulation, it looks like it will be fairly close to a 5% ratio (i.e. for every 100 ETH, you will get about 5 OMG). I am sure they will be announcing official numbers soon, but from the information they posted so far I would expect it to be somewhere in this ballpark. From announcement: In OMG’s case, 5% has already been set aside from the total issuance (see sale doc), ready to be distributed by an automatic airdrop. That is, sometime quite soon (TBA soon), every address on the Ethereum blockchain that held a balance over a minimum threshold of 0.1 ETH at a recent past block height (TBA soon) will receive a share of this 5% that is proportionate to their share of ETH. |
|
|
|
|
|
|
|
styca
|
|
August 12, 2017, 05:32:52 AM |
|
I read the same announcement that Za1n quoted above. So yes, it's the amount of ETH you held at a certain as yet unspecified point in the past. Not sure what the exchanges are doing, but Bittrex credited Stellar Lumens recently in a similar giveaway. |
|
|
|
|
|
|
|
blockchainmarketus
|
|
August 12, 2017, 06:02:21 AM |
|
i like free crypto  How to get AIRDROP. I have more than 5 eth but no omg came in to my wallet. Should we apply? |
|
|
|
|
|
Amalker
|
|
August 12, 2017, 07:05:32 AM |
|
i like free crypto How to get AIRDROP. I have more than 5 eth but no omg came in to my wallet. Should we apply? Don't worry, airdrop is not started yet. |
|
|
|
|
jjacob
Legendary
Offline
Activity: 1554
Merit: 1026
★Nitrogensports.eu★
|
|
August 12, 2017, 07:12:28 AM |
|
https://www.omise.co/omisego-airdrop-updateSo yeah, this is apparently happening Any idea exactly what to do to "qualify" for this? Can you just have your ethereum in your ledger and they will automatically be "added" or what exactly is gonna happen here? Do you have to be a node? They are just distributing 5% of total supply through an airdrop? That is more like a give away, not an airdrop. Compare this to Byteball, where 98% of the total supply is distributed through an airdrop. That was its USP for success. |
|
|
|
|
gomei
|
|
August 12, 2017, 07:31:19 AM |
|
Two points:
1) 5% of the total supply will be given to all the ETH holders, I think the OMG received will be little.
2) How about the ETH holders on the exchange platforms? I do not know if they will receive this tokens.
|
| .Ambit. | | | ██
██ ██
██ ██
██ ██
██ ██
██ ██
██ ██
██ ██
██ ██
██ ██
██ █████
██
████████████ | | ██
██ ██
██ ██
██ ██
██ ██
██ ██
██ ██
██ ██
██ ██
██ ██
█████ ██
██
████████████ | | | | | | | │ | | │ |
|
|
|
db_d
Newbie
Offline
Activity: 12
Merit: 0
|
|
August 12, 2017, 08:04:39 AM |
|
THIS IS SCAM SITE!! DO NOT PUT YOUR PRIVAT KEY! |
|
|
|
|
|
styca
|
|
August 12, 2017, 02:45:36 PM |
|
Two points:
1) 5% of the total supply will be given to all the ETH holders, I think the OMG received will be little.
2) How about the ETH holders on the exchange platforms? I do not know if they will receive this tokens.
Regarding point 2 - no announcements yet, but I suspect Bittrex will participate as a) they already list OMG, and b) they recently credited Stellar Lumens in a similar drop. Not sure about polo and others. Coinbase/GDAX I expect won't participate based on past behaviour. |
|
|
|
|
|
sinner
|
|
August 12, 2017, 03:21:52 PM |
|
when will snapshot be taken? has it already been taken? (some people are claiming this but i see nothing on omise site confirming it)
|
|
|
|
|
|
styca
|
|
August 12, 2017, 05:33:18 PM |
|
when will snapshot be taken? has it already been taken? (some people are claiming this but i see nothing on omise site confirming it)
It's already been taken. Coins will most likely be dropped automatically in the near future. People won't be getting a huge amount though. OMG are giving away 5% to ETH holders. OMG marketcap is $600m, so 5% is $30m. There are around 90m ETH coins. So this means you'll get about $1 worth of OMG for every 3 ETH that you hold. |
|
|
|
|
kodanshakang4
Full Member
Offline
Activity: 252
Merit: 100
Translator Korean/English
|
|
August 12, 2017, 07:58:45 PM |
|
THIS IS SCAM SITE!! DO NOT PUT YOUR PRIVAT KEY! Yes, it is SCAM. I was stolen by numerai.tech which is supposed to be numer.ai I etherscaned the theif stole $45,000 per day. I think this is the same guy. DO NOT EVER EVER PROVIDE PRIVATE KEY! |
|
|
|
|
styca
|
|
August 12, 2017, 09:46:34 PM |
|
THIS IS SCAM SITE!! DO NOT PUT YOUR PRIVAT KEY! Yes, it is SCAM. I was stolen by numerai.tech which is supposed to be numer.ai I etherscaned the theif stole $45,000 per day. I think this is the same guy. DO NOT EVER EVER PROVIDE PRIVATE KEY! Agreed. This is a definite scam. I've reported it to the real OMG team on twitter. FYI the FAKE Twitter profile has a zero at the end rather than an o... |
|
|
|
|
|
rainbow169
|
|
August 13, 2017, 12:03:44 AM |
|
This free airdrop concept could be good for the ETH value if more and more ICO adopts this model.
It's also a good marketing move for user acquisition.
|
|
|
|
|
|
unchained
|
|
August 13, 2017, 02:48:51 PM |
|
when will snapshot be taken? has it already been taken? (some people are claiming this but i see nothing on omise site confirming it)
It's already been taken. Coins will most likely be dropped automatically in the near future. People won't be getting a huge amount though. OMG are giving away 5% to ETH holders. OMG marketcap is $600m, so 5% is $30m. There are around 90m ETH coins. So this means you'll get about $1 worth of OMG for every 3 ETH that you hold. Are you sure that the snapshot was already taken? Can't find an official statement, it just states 'TBA soon'. |
|
|
|
|
|
zzwensel11
|
|
August 13, 2017, 06:56:36 PM |
|
Is the date of that ETH snapshot known? I guess it was somewhere in the past or is it still going to happen?
|
░▒▓█ / / /X42/ / / WELCOME TO FEELESS FUTURE! █▓▒░ |
|
|
|
blockchainmarketus
|
|
August 14, 2017, 09:33:00 AM |
|
THIS IS SCAM SITE!! DO NOT PUT YOUR PRIVAT KEY! Yes, it is SCAM. I was stolen by numerai.tech which is supposed to be numer.ai I etherscaned the theif stole $45,000 per day. I think this is the same guy. DO NOT EVER EVER PROVIDE PRIVATE KEY! Agreed. This is a definite scam. I've reported it to the real OMG team on twitter. FYI the FAKE Twitter profile has a zero at the end rather than an o... PRIVATEKEY, OH no, I will never give my PV to anyone even he will give me big money. |
|
|
|
|
|
