Elys Network

$ELYS Airdrop Details

Compring of $ATOM Stakers / Community Program / Testnet / Mainnet Launch represents:

63% of these 10M $ELYS which is 6.3M $ELYS

• 61.2% allocated to Testnet / Mainnet Launch: 3,855,600 $ELYS
• 6.8% allocated to the Community Program (Cadets): 428,400 $ELYS
• 16% allocated to $ATOM stakers / $stAtom Holders / $stkAtom Holders: 1M $ELYS
• 16% allocated to Brigadier / Major programs: 1M $ELYS (This part will not be distributed all at once).
• Remaining 37% 3.7M $ELYS will be distributed in two RetroDrops during the first year
• Any undistributed portion will be returned to the Airdrop token pool, increasing the subsequent airdrops.

More information on the split between Testnet and Mainnet launch will be provided at a later date. A programmatic reward system will be set up to reward with a bonus those who continue to use Elys Network during the mainnet.

The team wants you to have the choice, so you'll be able to get your initial airdrop from the testnet, and the bonus may be quite substantial for those who wish to continue the adventure.

$ELYS NFTs

What:

• NFTs by Elys Network are designed as long-term community vehicles.
• NFTs serve as “proof of membership” for the Elys Network community.
• NFTs come with benefits beyond a one-time airdrop, including access to future airdrops.

How:

• Minting will be announced soon, with collaboration from StargazeZone on the contract.
• NFTs can be bridged on the Elys Network mainnet in the future.
• Partner programs with other projects will enhance the value and utility of NFTs.

Why:

• Intended to provide ongoing value and engagement for the Elys Network community.
• Aims to revolutionize the NFT airdrop trend by offering more than just a profile picture (PFP) concept.
• NFTs help projects valorize the Elys Network community and foster partnerships.

Update on March 6th, 2024

Elys Network team confirms that $ELYS Airdrop will be coming to:

• $ATOM Stakers
• Incentivized Testnet users

You can sign-up for the for web access wait list to be able to participate in the Testnet: https://tally.so/r/mVQBev

Per Elys Network team, $ELYS Airdrop will -

• Not have grind
• Reward users and Elys community for on-chain actions
• On-chain quests, that will be fun, that may lead to NFTs & Airdrops
• Likely to be geo-blocked in the US

Lot's of information is still TBD and full article is coming soon.

Watch the full video here where Crypto Tank interviews Elys Network Team:

https://twitch.tv/videos/2081947499

Time slots:

• Airdrop: 00:56:40 and 01:01:38
• Geoblocking: 01:03:30