Guest post from the Ethershift team.
We are reducing the hard cap and airdropping over 30% of the entire ESH supply to ESH holders!
Hello! We are so excited about the support we’ve seen so far with our exchange and our token sale, and we have a fantastic change for ESH holders we wanted to announce. We are reducing the hard cap for the Ethershift token sale by 50%. The tokens saved from reducing our hard cap will be airdropped to ESH holders as a thank you for supporting our project.
Here’s how it will work!
We are reducing the Main Sale Round 1 hardcap (ends Nov 18th) by 60% which allots 1,500,000 ESH tokens for the airdrop.
We are reducing the Main Sale Round 2 hardcap (starts Dec 3rd) by 60% which allots 3,000,000 ESH tokens for the airdrop.
The 4,500,000 ESH tokens set aside for the airdrop will be distributed as follow:
**2,250,000 ESH tokens will be airdropped on December 21st 2018. The 2,250,000 ESH will be airdropped to token sale buyers only! For reference if only 4,500,000 tokens total were for sale in all 3 rounds combined. So any ICO contribution from ANY round (presale included) will receive a 50% bonus airdropped on December 21st 2018!
**2,250,000 ESH tokens will be split into 12 and airdropped each month in 2019, with the first airdrop on January 31st 2019. The 2,250,000 ESH will be airdropped in proportion to the % of the supply of ESH you own.
Here’s a simple example. If you own 1% of the ESH supply you will receive 1% of the ESH airdrops.
To all those that have participated in the token sale so far, or are planning to do so, we have a great announcement tomorrow that will benefit all ESH holders. Thanks for your support ? pic.twitter.com/H17qQon11m
— EtherShift (@ethershiftco) November 11, 2018