To celebrate the launch of the ICO on Eidoo, K-tune has decided to run an airdrop of 1 million tokens.
A guide has been published showing how to receive the KTT tokens that will be distributed for free. A total of 1,000,000 tokens will be distributed, for a total value of about 100,000 USD.
The airdrop is accessible by downloading and installing the Eidoo app from the following link: eidoo.page.link/ktune. If the app is downloaded directly from the store, the user will not have access to the airdrop.
After downloading and installing the App, it is necessary to follow the procedure described in the guide in order to be eligible for the distribution of tokens.
The procedure involves verifying the identity as a private user: the tokens will be distributed only to those who download the Eidoo wallet from the special URL mentioned above and complete the tier 1 or 2 KYC procedure.
Those who complete tier 1 will receive 100 KTT, or about 10 USD, while those who complete tier 2 will receive another 400 KTT, or about 40 USD. So whoever reaches tier 2 will receive a total of 500 KTT tokens.
There is time until November 30th, 2019 to perform this procedure, whereas the maximum number of KTT tokens that will be distributed is one million.
The whitepaper is available on k-tune.org, which specifies that KTT (K-Tune Token) is a classic ERC-20 utility token based on the Ethereum blockchain, usable within the K-tune platform, which supports only this token.
Obviously, the KTT tokens can also be freely exchanged or transferred to other wallets, such as the Eidoo one.
K-tune is a platform created in South Korea that allows musicians to collaborate with each other. It uses blockchain technology and the KTT as a utility token.