We have been sent a Gift for us all from the almighty Cones.
The Cones have minted and prepared an Airdrop for the all the devout and loyal wearers of the Cone Heads.
BitCones (CONE) are 608,000,000,000 (608 billion) fractionalized tokens for Cone Head NFT owners.
No mint function exists in the token, and as there will only ever be 608 Cone Head NFTs, so shall there only ever be 608,000,000,000 CONES in existence.
The token contract can be viewed on polygonscan here.
(contract address: 0xbA777aE3a3C91fCD83EF85bfe65410592Bdd0f7c)
Each of the most loyal advocates to the Cone Head are entitled to receive a free allocation of 1,000,000,000 (1 billion) CONE tokens for each Cone Head NFT they own.
BitCones (CONE) are distributed as a fractionalized representation of the ownership of their 001–608 Cone Head NFT counterparts.
How Do I Get the Airdrop???
Many Cone Heads have already received their gift from the Cones, make sure to check your Reddit Vault wallet address in polygonscan if you’re uncertain.
If you have yet to receive the drop or you’re unsure and you would like some BitCones (CONE), all you need to do is send me a PM or comment on this thread to be eligible for receiving the Airdrop, and you’ll receive 1,000,000,000 CONE for every Cone Head you own.
Important Notice:
Please spread the word with other followers of the divine CONE, as the Airdrop is only accessible until the 17th of October (the 1 Month Anniversary of the day Cone Head NFT sold out).
Once the initial distribution period has ended, the Cones have instructed me to conduct a Poll to determine the fate of the remaining (CONE) tokens:
- 🔥🔥🔥 BURN — The remaining (CONE) tokens will be burned to a verifiably inaccessible wallet address, and the supply of BitCone (CONE) will forever be destined to become scarcer.
- 🏆 Rewards for LP and CONE Stakers — All unclaimed (CONE) tokens will be used as incentives for staking CONE tokens and providing liquidity to the almighty (CONE) pairs. Increasing the distribution to existing Coners.
- 📅 Monthly/Weekly Distributions to all Current Coners — Cone Head owners will receive a Monthly/Weekly distribution of (CONE) tokens, allowing current and future Coners to receive their portion of the remaining (CONE) supply over an extended period of time. (*Suggested by u/crypto_grandma) [Future Polls will be conducted to decide on Weekly or Monthly distributions. Another option could even have halvenings for the distributions, every month or 4 months, for example]
- 🥇 Distribute to All Gen 1 Avatar Hodlers — Distribute the remaining BitCone (CONE) tokens all at once, to all the owners of any Generation 1 Reddit Avatar NFT collectible.Thus creating a greater distribution, along with more awareness and attention to Cone Head NFTs. (*Suggested by u/crypto_grandma)
- ♻️ A combination of Some or all of the Aforementioned Options — The final percentage allocated to each of the distributions options will be voted on by Cone Head community, in a second Poll. (*Suggested by u/cryptothenews)
- More Potential Community Suggestions
The BitCone (CONE) token distributions has already begun, so make sure to leave your Polygon wallet Address in the comments below fellow Coneians.
Distributions will be available until the 17th of October at 11:59 UTC.
TL;DR The Cones have instructed me to conduct the distribution of 1 billion CONE tokens to each Cone Head Avatar owner.
spread the CONE. ❤
