Token holders of NEO blockchain have started receiving free ONT tokens to solidify the base of the latest blockchain/distributed ledger network, Ontology. Recently, users started receiving 10 million ONT tokens that according to the last record valued $42,100,000. Beneficiaries, who received the tokens have essentially been Neo users on March 1.
When did NEO decide to share free coins?
The announcement about the “free tokens” or “air drop” was done in February to eligible NEO token holders. The Ontology makers wrote in March that the makers of Ontology approved 100 million ONT, or 10 percent of the maximum supply, to the Neo Council “for relevant cooperation and to support NEO community feedback”
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A mechanical engineer turned journalist, Shekar takes a keen interest in the study and analysis of cryptocurrencies and blockchain strategy. With the cryptocurrency world blooming in the recent days, he finds great interest in monitoring their growth and gathering every possible piece of information about them. He works as a crypto-journalist for the website Cryptoheed.