How to get Algorand airdrop:
This Algorand airdrop is a holder crypto airdrop. That means you will need to have ALGO tokens, which are built on Ethereum, in your wallet to get ALOG tokens. Algoran is listed on the CoinMarketCap.
Step-by-step guide on how to get Algorand airdrop:
- Hold a minimum of 25 ALGO in your ALGO wallet. Download wallet for Android or IOS
- Register your wallet by submitting a microtransaction of 0.000001 ALGO to address: “ZGP25YTZL3NF43SQZREMH5BRBTJEXHWPL6TSQDCGJWPEN4XJTIHVOZSOLA” no later than block number 1618450, which is expected to happen between August 31 and September 1, 2019
- The snapshot of the wallet balance will be taken when the deadline block is reached
- The minimum balance must be maintained from the start until the end of the airdrop period
- The rewards will be distributed over the course of four 6-month periods for a total of two years
- The reward is calculated by the number of AlGO for that period (50,000,000) divided by the total number of ALGO across all qualifying wallets.
- For more information regarding the airdrop see this post