Not exact matches
Each
holder of a
NEO token has a small stake in the 100 million
NEO coins that will be in circulation.
In order to implement an airdrop, the maker of a new
coin can offer all of the
holders of one cryptocurrency, like
NEO, a chance to receive the up - and - coming token for free.
The aforementioned Ontology airdrop said it would distribute 20 million
coins — or about 10 % of total tokens — to
NEO holders (both
coins are distributed by China - based OnChain).