WINk Initiates Airdrops for TRON (TRX) Holders Day After Sun Network Code Release

Wayne Jones by Wayne Jones - 01:09 PM Aug 13, 2019

On August 12th , Wink announced that it would initiate its first airdrop of WINk to TRON (TRX) holders. WINk plans to launch the initiative on the 28th of this month. The first airdrop will be 1.1% of the total supply, which is equivalent to 10,989,000,000 WINk (WIN).

TRX holders will receive a total of 11,988,000 WIN. This amount is equal to 1.2 % of the total supply and will be issued within the first year of the airdrop. Holders will receive 1.3 % and 1.4 % of the total WIN supply in the second and third years, respectively.

Holders Must have a Balance of at least 100 TRX

According to the published on their blog, WINk will airdrop a total of 1,165,500,000 WIN on the 28th of each month to TRX holders. The process will be automatic, and WIN will be airdropped to TR addresses. However, holders must have a balance of 100 TRX or more. 

The foundation said that there might be a lag and holders may have to wait for up to 72 hours to receive their tokens. They attribute this aspect to the fact that vast amounts of data to be distributed. This data will be spread over exchanges and wallets that support the airdrop program only. They further said that holders could contact the customer support service of their exchanges should they need any clarification.

Communication will be Via their Official Channels

WINk also added that they would communicate via their official channels only. The statement read in part, “All announcements will be made on our official channels, and no channels dedicated to the airdrop will be created. WINk will not be held liable for any losses caused by those fraudulent tokens offered.”

The foundation also cautioned users from sending any token in exchange for WINk (WIN). They also said that they reserved the right to change the airdrop strategy and time, depending on the present situation.

TRON Releases Sun Network V1.0 Code

It seems that TRON is making all the big moves this week. The day before, the 11th of August, TRON Foundation released the V1.0 code of their upcoming scaling chain solution, Sun Network. The main aim of the solution is to expand the MainNet’s capacity. By doing so, the network will support several scaling projects such as a DApp chain, side chain solutions, and cross-chain communications, among others.

Sun Network outshines other scaling solutions thanks to two unique features. The network smart contract transactions. It focuses on lowering the transaction fee and improving the transactions’ TPS. Additionally, the side chain comes with several customizable features that cater to the different needs of different developer groups.

Ultimately, Sun Network aims to bring unlimited scalability to the Main Net and impact the blockchain industry positively. 

About The Author
Wayne Jones

Wayne JonesAm Wayne, a Blockchain enthusiast and expert in crypto trading. Currently, I cover trendy issues on digital currencies.


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