NEO token holders are about to get $40 million dollars’ worth of ONT tokens in a free airdrop.
NEO and ONT are both blockchain projects based out of China and have their foundations connected to Onchain, a Shanghai-based blockchain R&D company. Ontology launched its main network recently with projects such as TRON and EOS and has moved from being an NEP-5 token on the NEO blockchain to its own asset.
NEO Council has earlier confirmed that all users who were holding NEO on March 2 will get 0.1 ONT for every 1 NEO. This was revealed following Ontology’s announcement that they will give 100 million ONT, 10 percent of the highest supply, to the NEO Council for “relevant cooperation and to support NEO community feedback”. NEO recently confirmed the second half of the airdrop where users are ready to receive more 0.1 ONT for every 1 NEO they hold. Many users on Reddit have stated that they have received the airdrop over the weekend.
Users can access their free airdrop on the ONT blockchain by utilizing the same private key as NEO as stated here.
ONT has already airdropped 1000 ONT to all users who signed up for their mailing list and fulfilled the KYC requirement previously this year.