• Market Cap
    $1,585.661B 6.09%
  • POW Market Cap
    $1,106.499B 3.76%
  • POS Market Cap
    $141.463B 5.16%
  • Masternodes Market Cap
    $3.227B 2.53%

Several financial incentives via airdrops for Syscoin holders

By Inkarias - 2020-11-16

The NIX Platform and VibraVid / BeatzCoin recently announced the preparation of future airdrops for the Syscoin masternodes owners. In addition to the frequent passive income received for owning a Syscoin Masternode, financial incentives within the crypto sphere are not uncommon and very often remain issued or offered through an airdrop system. With this in mind, the NIX and BeatzCoin projects recently made the decision to reward the active and most loyal holders of the Syscoin project. This offer will be divided into 3 parts and will be based on the principle of snapshots on the following dates:

  • The first snapshot was taken on November 15, 2020

  • The second snapshot will occur December 15, 2020

  • The last snapshot will take place on January 15, 2021

The exact date of distribution will then be announced shortly by the team once all three snapshots have been taken. Every masternode qualifies for both airdrops. The single rule of this program for node owners is to simply keep a balance above 100,000 SYS collateral in place through January 15, 2021.

NIX & Beatzcoin details

Through this distribution to the support of the Syscoin project, 0.75% of the total NIX supply will be distributed and will be available and accessible at the same address as the SYS masternode collateral.

Likewise, VibraVid will give a total of 125 million BTZC with 105 million for Syscoin masternodes as well as 20 million distributed among all addresses holding at least 20,000 SYS.

It is thus mandatory to hold the SYS in a non-custodial wallet with a complete control over the private key. Therefore, it is strongly recommended to avoid holding Syscoin in any exchange that hasn’t announced to publicly support the airdrop for its users.

More information on these snapshots can be found at https://syscoin.org