As means of driving up traffic to the newly formed cryptocurrency exchange, SingularX, its creators, SingularDTV and Centrality are preparing to conduct an airdrop to all their current token holders. The two companies (SingularDTV and Centrality) both hold 5,000,000 SNGX tokens each and will split them equally between holders of the SNGLS and CENNZ tokens at the time of the snapshot.
The snapshot will be taken on May 31st 2018 at 12pm (midday) GMT and, to be included in it, you will need to withdraw your SNGLS and CENNZ tokens from any exchanges to keep in your own personal wallet, which you control the private key of. The distribution of the tokens is said to be scheduled for the following week according to the announcement post.
The weight of the two tokens will be calculated as follows:
<li><b>1 SNGL will return you with 0.005 SNGX</b></li>
<li><b>1 CENNZ will return you with 0.00416 SNGX</b></li>
As mentioned above, the SNGX token will be the native token for the SingularX cryptocurrency exchange, which was created as a means of providing liquidity to tokens which are used in the SingularDTV/Centrality ecosystem (SNGLS, CENNZ, GRMTK). The exchange will provide traders with set fees of 0.3% for all transactions.
If you would like to read the original announcement post I have included it on the link below. Enjoy it and prepare for the drop.
Happiness.
Please remember that this article is not to be taken as any form of investment advice and that you should do your own research before investing your hard earned cash into anything. We would also like to remind you that Something Decent is not in anyway responsible for the distribution of airdrops, bounties or giveaways unless it is stated that we are personally conducting them