CRYPTO NEWS: This week Omise, which became the first Ethereum unicorn, with a market cap of $1 billion last week, will be giving away 5% of the total amount of their token, OmiseGO. Any wallet address that held a balance over a minimum threshold of 0.1 Ether at the point of their snapshot, which was over 450,000 addresses, will receive a share of this 5% that is proportionate to their share of Ether.*
Token airdrops, when a blockchain project decides to distribute free tokens, or coins to the community, seem to be a thing in crypto PR right now, which ultimately will lead to an increase in token value.**
As of time of writing, the value of OmiseGo increased more than 18% to $13.15, a compared to 24 hours ago.**
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- Information source: venturebeat
**Information provided is not a reliable indicator of future performance