Announcement: NEO will airdrop ONT to the community

Source: https://neo.org/blog/details/3061

Dear NEO Community,

NEO Council are humbled and grateful for all your contributions and support. With your help, NEO’s vision of a Smart Economy is now widely recognized by a range of industries, and the NEO blockchain has evolved into a technology-driven community with blockchain developers and contributors all over the world.

Ontology is a next-generation multi-chained public chain infrastructure platform initiated by Onchain, a leading blockchain technology company in China. It is also a common platform that supports a decentralized trust ecosystem.

To support a joint ecosystem, Ontology project is handing over an amount of ONT tokens to be managed by NEO Council. NEO Council, in turn, hereby announce that it is decided to airdrop ONT tokens to the NEO community as follows:

The airdropped tokens are part of a donation from Ontology team to the NEO Council. As a gift to the community, this airdrop will consist of 20 million ONT.
Airdrop ratio: Each NEO will get 0.2 ONT (50% of which are freely tradable and the other 50% are automatically locked).
The snapshot of NEO addresses will be done at block height 1974823, which is estimated to be at March 1st, 2018, around 5:00 am (Pacific Time).
Delivery of the first ONT tokens will be completed in the weeks following March 1 (0.1 ONT per NEO). The other locked half (0.1 ONT per NEO) will be using the same snapshot, but will instead be airdropped on the Ontology MainNet. Ontology MainNet is expected to be released in Q2, 2018, specific date depends on how the Ontology TestNet is operating. Further details will be released.

Once again, a big thank you to all contributors and supporters in NEO’s global community, this is nothing but a small token of our appreciation! We look forward to foster a healthy NEO ecosystem together with all of you, where Ontology will form an important piece of the puzzle.

You can learn more about the Ontology project through the following channels.
Official Website: https://ont.io/
WeChat: ONT ontology (ontologynetwork)
Twitter: https://twitter.com/OntologyNetwork
Reddit: https://www.reddit.com/r/OntologyNetwork/
Telegram (English): https://t.me/OntologyNetwork
Telegram (Chinese): https://t.me/OntologyNetworkcn
Medium: https://medium.com/ontologynetwork
Discord: https://discordapp.com/invite/4TQujHj

NEO Council
2018-02-12

8 Likes

How are we to receive the ONTs? the will automatically be linked to our NEO Public Key?

2 Likes

They’ll appear in your Neon wallet. I have no idea how exchanges will be dealing with it - but I have no doubt they’ll distribute the airdrop with all the FOMO.

4 Likes

i access my NEON wallet via NANO S LEDGER so I think that way is good

2 Likes

You’re good to go :crystal_ball:

2 Likes

Does anyone know how much 1 ONT is worth roughly?

1 Like

It doesn’t have a value. So far, no one has paid for one. This air drop seems to be giving true believers the idea that ONT will be valued at 1.80*current price of NEO. Doesn’t make sense to me. That would be great for those who received 1k in the first airdrop, and 500 ONT for attending NEO DevCon.

1 Like

Where did you get the 1.8 NEO from? That would be great if that was the case cause I would just dump it for more NEO.

1 Like

They are air dropping 0.2 ONT for every 1 NEO.

1 Like

So does that mean that if I just leave my neo in the wallet provided by binance exchange, I will automatically receive it? I don’t need to do anything else except leaving it there?

1 Like

You should get them yes but better to keep in a wallet like neon.

2 Likes

Do you also get GAS if you keep it in a wallet like neon?

1 Like

Yep I keep my Neo on my Ledger Nano S and access it to claim gas through the Neon Wallet. You can sign into Neon using your ledger just like you use your Ledger on My Ether Wallet with Ether and tokens.

3 Likes

Yes you get gas and can claim every 5minutes neon wallet also support all nep5 tokens.

2 Likes
1 Like

Has anyone managed to get NEO-gui to display this token? Google is all crickets for this wallet.

2 Likes

Google - first hit - https://www.reddit.com/r/NEO/comments/82wcpt/ont_script_hash_for_neogui/?st=jekexj4w&sh=61bfa08f

Advanced
Options
Add ONT Scripthash: ceab719b8baa2310f232ee0d277c061704541cfb
Apply/Ok
Wallet Sync
You should now see your ONT Tokens
Profit!

5 Likes

:rofl::crazy_face::crazy_face: I deserve every bit of that. I probably just glazed right over it. Thanks @ccpsw

4 Likes

Nice work with the help.

My Dad brain wasn’t going to respond to a question that’s been answered several times, all of the solutions being at the end of the Google search rainbow.

2 Likes

Are you guys going to HODL Ontology? I just claimed my tokens, they’re not worth much at the moment even after huge volumes of trade on Binance. I’ll keep mine for now, but I’m interested to know if people here in the pub are dumping them or keeping.

3 Likes

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