Cryptocurrency

Thousands of XRP Holders Tie 2.12 Billion XRP To This Airdrop: Details

In a captivating display of community engagement, Evernode’s upcoming airdrop has taken the XRP community by storm, attracting a staggering 2.12 billion XRP. This remarkable response highlights the burgeoning interest in Evernode’s innovative Layer-2 scaling solution and its potential to revolutionize the XRP Ledger (XRPL).

With over 23,858 XRP addresses registered, Evernode’s airdrop has shattered expectations, showcasing the project’s widespread appeal and the XRP community’s enthusiasm for its groundbreaking technology.

Read Also: XRP Community Sounds Alarm Over Evernode Airdrop Security: What You Must Know

The massive 261 million XRP tokens registered from XRPL wallets, complemented by an astonishing 1.86 billion tokens from Bitrue and Uphold users, further underscores the airdrop’s immense popularity.

Bitrue and Uphold exchanges have played a pivotal role in facilitating registrations, connecting thousands of airdrop wallets, and contributing significantly to the surge in participation. Their support has further solidified the collaboration between Evernode and these prominent exchanges, amplifying the project’s visibility within the XRP community.

Fair and Equitable Token Distribution

Evernode’s total offering of 72.25 million Evers tokens will be strategically distributed to various stakeholders, ensuring fair and equitable rewards for all contributors. Approximately 28% of the tokens will be allocated to founders, Evernode, beta testers, and XRP holders, while the remaining 72% will be reserved for post-launch host rewards.

Scheduled for launch on the Xahau Network, Evers will be compatible with any Xahau-compatible wallet, with Evernode recommending Xumm Wallet for users. The platform will exclusively transact in Evers, providing a seamless experience for both hosts and tenants.

In a testament to its self-sufficiency, Evernode has confirmed that Evers will initially trade on the Xahau Network’s native decentralized exchange, demonstrating the project’s commitment to its ecosystem.

Read Also: XRP Holders Set to Receive Airdrop from Evernode. Here’s How to be Eligible

Looking Ahead

The airdrop process commenced on November 27, and interested participants have until December 11 to register. The highly anticipated launch of the Xahau Network is scheduled for December 18, pending any unforeseen adjustments. Evernode’s airdrop has emerged as a resounding success, captivating the XRP community and showcasing the project’s immense potential.

The staggering level of participation, strategic token distribution, compatibility with Xahau-compatible wallets, and self-sufficient approach further solidify Evernode’s position as a game-changer in the XRPL ecosystem.


Follow us on Twitter, Facebook, Telegram, and Google News

Adedoyin Aka

Adedoyin is a graduate of Law and a Crypto & Blockchain expert who strongly believes that Blockchain is the future. At TimesTabloid, she focuses on crypto and blockchain educational content.

Recent Posts

Ripple CEO Reacts to Gensler Coming Resignation With “F*ck the SEC” Gesture

Prominent figures in the cryptocurrency industry, including Ripple’s CEO Brad Garlinghouse and MicroStrategy’s Executive Chairman…

37 minutes ago

Ripple Says RLUSD Is Ready for Deployment, Reveals Major Cause of Delay

Ripple has announced that its new stablecoin, Ripple-USD (RLUSD), is ready for deployment, but waiting…

2 hours ago

Cardano Foundation Unveils First Financial Report With Three Key Investments

The Cardano Foundation, a nonprofit organization headquartered in Switzerland, has released its inaugural Financial Insight…

2 hours ago

Why is This New Meme Coin All You Need to Start Your Millionaire Journey Today?

Over the last few years, meme coins have gone from internet punchlines to legitimate investment…

4 hours ago

Polkadot (DOT) and Toncoin (TON) Swung High – IntelMarkets 400% Rally Since ICO Debut Spark Excitement

The bulls are back, with Bitcoin (BTC) on price discovery. Alternative cryptos are also gaining…

7 hours ago

XRP, DOGE, SHIB, ADA in Focus—Can They Achieve 10x, or Will Newcomer XYZVerse Outpace Them?

As established cryptocurrencies like XRP, Dogecoin, Shiba Inu, and Cardano aim for significant growth, speculation…

10 hours ago