Indorse, a blockchain-powered decentralized social network for professionals, has announced an airdrop of 65,000 IND tokens to holders of TenX (PAY), Digix (DGD), Coindash (CDT) and 0x - ZeroX (ZRX) tokens.
“The Indorse network presents a revolutionary approach to professional networking by providing a platform on which users can use crowd-verified endorsements to further their reputations. As such, our ecosystem flourishes as active and engaged participants, receive financial rewards from engaging on the network, in the form of IND tokens,” Indorse Co-Founder and CEO, David Moskowitz said. “In choosing to airdrop our tokens to these communities, we ensure not only wide distribution, but also that our tokens will be placed in the hands and wallets of some of the most active and engaged token holders in the Ethereum network.”
In the Indorse token sale, the Indorse Tokens (IND), a tradeable token, will be distributed to the participants, representing approximately 35% of the total supply created. In addition, participants will also receive Indorse Score (SCR) tokens, a non-tradeable reputation token required to post updates to the member profile or indorse and flag claims, once the platform is released on the main network. The token sale kicked off on August 8, 2017, and will run until September 7, 2017.
In its official release, Indorse said that the snapshot of PAY, DGD, CDT, and ZRX token holders was taken on August 18, 2017. Accounts with the equivalent of 3,000 ether or more, and less than .01 ether, will be scrubbed to prevent sending tokens to exchange accounts and dust accounts.
"The IND token will be added to CoinDash ecosystem soon, following the airdrop our users will be able to manage one more asset in their Coindash portfolio,” Adam Efrima COO of Coindash said.
"We are thrilled that our PAY holders will receive IND tokens in this airdrop, as while Indorse provides a way for people to earn tokens, TenX gives them a way to spend them,” added Airdrop partner and Tenx Co-founder, Dr. Julian Hosp.
“The team at Indorse have been long time supporters of the ethereum and Digix communities. We are very happy to support them in their efforts to expand the universe of IND holders,” noted Shaun Djie, Co-founder of Digix Global.
According to the official website, Indorse has raised 30,764 ETH (over $11 million according to current exchange rates) at the time of writing. It said:
“While holders of the aforementioned tokens, as of August 18, 2017 will automatically receive IND tokens during the Airdrop, holders can register for this Airdrop at https://indorse.io/air-drop until September 4, 2017 to receive double the amount of IND. Please take note, any site claiming to be Indorse and asking for your private key is a scam.”
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