The First GOLD.IO Hybrid Airdrop in Details

The first hybrid airdrop is coming, and here’s what you need to know about it!
So, what is it? The GOLD.IO lockdrop (hybrid airdrop) will help us to introduce the benefits of GOLD.IO to the EOS community. It’s opening the 6-round GOLD.IO airdrop which will take place till December 2019.

The following EOS accounts are excluded from the airdrop:
• Accounts holding less or equal to 10 EOS;
• b1;
• eosio.stake;
• eosio.names;
• eosio.bpay;
• eosio.ram;
• eosio.ramfee;
• eosio.regram;
• eosio.unregd.

Tokens you will see in your wallets will be called FGIO (“frozen GIO”) and will be locked or “frozen.” Holders then can decide whether they want to keep it or not, and if they choose to unlock them, they will have to pay a small fee of 3.236% to claim them starting from Feb. 13, 2019. Claimed tokens will be converted to GIO automatically, and unclaimed tokens will be burnt at the rate of 0.21% a day contributing to the assets scarcity and adding value for the existing GIO holders.

All the airdrop participants can decide how many GIO tokens they want to unlock and send the fee using the GOLD.IO website.

To calculate the fee, you can use this example:

A user has an account with 20 EOS and he receives 60 FGIO tokens:
- To claim all the 60 GOLD.IO Tokens, he has to pay about 3% of the EOS balance of the snapshot date or 0.6 EOS;
- To claim 1 GOLD.IO Token, he has to pay 0.6 EOS / 60 or 0.01 EOS;
- To claim 20%, 50% or any other portion, he can make the same calculations.

GOLD.IO offers a bonus program for the airdrop participants! Each person can refer as many new GOLD.IO Community members as they want. All they need to do to receive the bonus is to provide their EOS Account. As soon as someone claims GIO tokens from the airdrop and fills this account name in their transaction memo field, GOLD.IO smart contract issues additional 5% GIO and sends them to the account mentioned in the memo. This bonus can only be available when claiming the tokens from the airdrop and is a reward for making the GOLD.IO Community stronger.

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