PIEXGO will list Algorand (ALGO) very soon, and the official listing date is to be announced. Prior to that, PIEXGO decided to rain USD 20,000 worth of ALGO to the second round PXG Vault Programme participants.
Eligible Users for the Airdrop: users participating in the second round of the PXG Vault Programme
Airdrop Method: according to proportions of each user's locked amount compared to the total amount locked, users will be distributed ALGO tokens proportionally.
Airdrop Amount: ALGO equivalent of USD 20,000 (the unit price of the token is calculated at the auction price of USD2.4)
Releasing Time: ALGO airdrop tokens will be released within 7 working days after the end of the second round of the PXG Vault Programme
Deadline of the second round of the PXG Vault Programme: 23 June 2019 (UTC+8)
60% of ALGO (USD 12,000) airdrops to the users who locked PXG 6 months
40% of ALGO (USD 8,000) airdrops to the users who locked PXG 2 months
Founded by Turing award winner and MIT professor Silvio Micali, Algorand is a permissionless pure proof-of-stake blockchain protocol. Unlike first-generation consensus mechanisms, Algorand's technology finalises blocks in seconds and provides immediate transaction finality while preventing forks. Algorand does also not reward validators with newly minted tokens.
Learn more about Algorand (ALGO) through the project website and block browser.
Project Website: https://www.algorand.com
White Paper: https://www.algorand.com/resources/white-papers/
Thank you for your continuous interest and support for PIEXGO.
20 June 2019