When is the airdrop eligibility phase?
There are two eligibility phases; the first phase ended in the first week of November and the second phase ended in the second week of November.
What is a snapshot and when is the snapshot?
A snapshot is a record of the addresses of CXN holders and stakers, their times of entry, and amounts of held or staked CXN; the snapshot will be done in the third week of November.
When is the actual distribution of the airdrop?
The distribution of the airdrop will be done after the token sale, slated for December and will run till Q1, 2021; the actual period of the token sale will be communicated at a later date; kindly stay-tuned.
If I sold before the snapshot, would I receive COX during distribution?
No, you wouldn’t receive COX if you sold before the snapshot.
If I sold after the snapshot but before the distribution, would I receive COX during the distribution?
Yes, but you would only receive 30% of COX during the distribution.
What is the ratio of the COX airdrop?
For holders, whose entry time is before and during the first week of November, holding 6 CXN would allow them to receive 1 COX during the distribution, provided all the conditions are met. For stakers, whose entry time is before and during the first week of November, staking 4 CXN would allows them to receive 1 COX during the distribution, provided all the conditions are met.
For holders, whose entry time is before and during the second week of November, holding 8 CXN would allow them to receive 1 COX during the distribution, provided all the conditions are met. For stakers, whose entry time is before and during the second week of November, staking 6 CXN would allows them to receive 1 COX during the distribution, provided all the conditions are met.
About CXN Network
CXN Network is a tech start-up, which aims to implement solutions in various industries in response to available and viable market opportunities. The leverage of Blockchain and other components of the fourth industrial revolution is at the core of our operations, and the implication of our operational models is we could deploy centralized and decentralized products in any industry as long as the growth potential indicator is positive.
Our mission is to build robust platforms, which can withstand any amount of influx, cast off any security threat, and stand the test of time(as regards positive users’ experience and feedback). To boot, we strive to make CXN Network one of the largest, tech-solution companies in the world in terms of safety, quality products, trust, active support system, and simplified user interface.
At the inception, the primary target is the financial-inclusion markets upon the discovery of viable market opportunities presented by this domain. As a result, our first products will be released with a tactical approach, which inherently grows its influence and is tailored to the target.
