Eosish Airdrops Tokens to All MyWish and EOS Holders
Normally, the cryptocurrency market does not offer any free lunches or guaranteed profits due to its high volatility rates. Airdrops provide the perfect example, as such tokens are normally distributed freely to various groups.
Although many of these airdrops do not amount to much, there exist rare exceptions which help grant coins that have appreciated to hundreds or thousands of dollars’ worth of cryptocurrency. Currently, one airdrop that investors ought to pay attention to in the coming weeks is the Eosish airdrop.
The Eosish token is a derivative of the MyWish project. This is a platform created through the use of a smart contract. It helps to service NEO, Ethereum, and Bitcoin blockchains. It also just recently started servicing the EOS blockchain.
MyWish smart contracts are typically used as a comprehensive initial coin offering creation solution. They are contracts that can be used to execute activities such as crowdfunding, airdrops, and token creation. The tools that maybe required can be accessed for initial coin offerings on NEO, EOS, or ETH.
MyWish also provides additional contracts, e.g., lost key recoveries and investment pools. They can also provide you with a contract for your wedding or will.
The Eosish Airdrop
Eosish announced that it is going to airdrop to all WISH and EOS holders. For current EOS holders, they will receive the Eosish airdrop at a rate of 2 Eosish for every 100 EOS. For this airdrop, WISH holders are expected to enjoy a better deal that will see them receive Eosish at a 1:1 ratio.
The airdrop’ snapshot is expected to be on the 16th of October 2018 starting at 15:00 GMT. EOS and WISH holders can expect the token distribution process to begin within three weeks of this snapshot.
Eosish technically represents an EOS token. This means that all MyWish holders will be required to sign up for EOS accounts before the start of the snapshot. The good news is that MyWish has made it possible for their holders to create accounts directly from their parent platform.
Once the accounts have been successfully created, the participants will have to link their new EOS accounts to their ETH addresses. This must be the ETH address that currently holds their MyWish. The project’s medium page has provided the participants with a step-by-step guide on how to implement these actions.
It is important to note that all EOS accounts with a minimum of 100EOS will automatically become eligible to receive their corresponding Eosish tokens. An amount similar to this will also be distributed to all the EOS and WISH holders. This translates to about 20.2 million to EOS accounts and 19.8 million for every WISH.
Of the total available tokens, five million will be set aside for distribution to bounty opportunities and the platform developers. The airdrop is expected to lead to the release of fifty million Eosish tokens. The bounty supply opportunities are expected to support a supply of forty Eosish to all the individuals who will join the MyWish telegram group, and also submit their registration details for the airdrop.