NITRO, the public-company backed cryptocurrency for the games industry, announces airdrop to holders of current video-game tokens.
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In line with its mission to empower gamers with the opportunity to have a say in games that are in the process of development, NITRO will airdrop a total of 50 NOX per wallet holders of a carefully curated list of video-games tokens.
To be eligible for the airdrop, token-holders must hold the equivalent of at least 0.1 ETH of major video game tokens and register to stake a claim on NITRO’s website. The major video game tokens are as follows: AppCoins, Decentraland, DMarket, Enjin, Flux, Game Machine, KickICO, MobileGo, NITRO, Playkey, Skincoin and WAX.
Registrations will begin on the 20th of December and last till the 31st of December (23:59 GMT). Only the first 10,000 registrants with eligible wallets will receive NOX. The list of eligible wallets will be obtained from a snapshot taken on 01:00 hours on 24th December (GMT).
The airdrop will enable recipients to join current NOX holders in:
- Being able to vote on the funding of games
- Receive discounts when converting to in-game currency
- Participate in reward programs for their activity within the network
The airdrop will be conducted in the following manner:
- A snapshot of the blockchain will be taken on 01:00 of 24th December (GMT)
- The distribution of NOX will begin by the second week of January.
For existing NOX holders
As a form of reward for participation in the network, purchasers of of NOX tokens can expect to receive quantity bonuses based on their wallet balance on 26th December. The bonus tokens will range from 5% to 25%, based on the schedule indicated below:
- A snapshot of the blockchain will be taken on 23:59 on 26th December (GMT)
- The distribution of bonus NOX will begin by the second week of January.
“Having previously announced the addition of over 318 games and 348m users to be integrated into our network and raised the equivalent of over US$2.7m in the first phase of its crowdsale, we are excited to open up our project to holders of video-game related tokens at large. We believe that this will give them a greater voice in being able to vote for games to be funded via NITRO. We would also like to reward purchasers of current NOX tokens for their contributions” said Kin-Wai Lau, NITRO’s Director
NITRO is an online blockchain based cryptocurrency project designed to provide a holistic approach to solve end-to-end ecosystem problems of the video-games industry. The Project seeks to integrate all stakeholders of the US$100 billion video-game industry onto a single platform.
NITRO involves the creation of NITRO Token or NOX and an integrated online marketplace called NITRO Marketplace. NOX is developed on the Ethereum network. NITRO is the first cryptocurrency project backed by a publicly listed company — iCandy Interactive Limited, a Southeast Asian mobile entertainment group listed on the Australian Securities Exchange (ASX).
About iCandy Interactive
iCandy Interactive Limited (“iCandy”) is an Australian incorporated public company that has its core business in the development and publishing of mobile games and entertainment for a global audience. iCandy is listed on the Australian Securities Exchange (ASX) under the symbol ICI. iCandy is one of the leading mobile entertainment group in Southeast Asia with over 23 million smartphone users over their network
iCandy runs multiple subsidiary games studios in Malaysia, Singapore and Indonesia, including leading games studios Appxplore and Inzen Studio. In particular Appxplore has been named Google’s Top Developer on the Google Play store. Top games made by iCandy include Crab War, Alien Path, Star Tap and Dark Dot. Almost all of iCandy’s games titles have been recommended and featured on Apple’s App Store (iOS) or the Google Play Store. iCandy has won various awards including the Best Gameplay award at the recently held International Mobile Games Awards (IMGA) Southeast Asia 2017.
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