Hello Sipherians! We're happy to finally be able to announce that we will be performing a retroactive token airdrop claim to our Sipher NFT holders!
We have been listening to our community members since day one, and we're all about giving back to those who have been supporting us. One of the main considerations as part of the release of the $SIPHER Token was to ensure that our earliest community members could get their hands on $SIPHER - which is especially important, as it will be used in key components of our game ecosystem.
These past few weeks, we were working around the clock with our legal advisory teams to ensure that this airdrop was performed in a compliant manner, while exploring avenues to be as inclusive as possible for our community. Unfortunately, as part of our ongoing compliance efforts, we were unable to make an official statement about this process despite our plan to reward our community members with a $SIPHER Retroactive Airdrop. We hope you can understand why.
We were facing some major hurdles as we were exploring avenues to be as inclusive as possible with the $SIPHER airdrop, given that $SIPHER would be used in components of our upcoming game ecosystem.
However, in our concluding legal meeting - despite our best intentions, we have reached the decision that US-based NFT holders will have to be excluded from the $SIPHER airdrop claim. This decision was made with due consideration given to the various options and their corresponding legal implications, alongside the landscape which SIPHER operates in.
As a result, since we have just tied up all pre-existing loose ends pertaining to the $SIPHER Retroactive Airdrop, and we can finally announce this to the community via this announcement.
Please continue reading below for further details regarding this free airdrop claim for Sipher NFT holders.
To promote a fair system that rewards those Genesis Sipher NFT holders that have been with us longer or since the beginning, the team has decided to airdrop based on tenure. This means that if you held a Genesis Sipher NFT longer, you will be able to claim more $SIPHER tokens. Conversely, if you held a Genesis Sipher NFT for less amount of time, you will receive less tokens.
Since the beginning of our journey we have been taking multiple snapshots at different points in time - starting with with the release of the INUs back in August 2021 and dating all the way until now. We will be utilizing these snapshots to identify Genesis Sipher NFT holders that have been holding ever since.
You can still be eligible for the airdrop if you purchased after a specific snapshot and before the next one, but you will receive less tokens than those who purchased and were holding prior to that particular snapshot.
Examples: