in Blog Intl, In English, Internacional

It’s been a while since we had any special campaigns for you guys to win ABC, but it is our pleasure to announce a new one starting on September 9th!

 

As you probably know by now, OriginalMy’sAnti-Bureaucracy Coin was designed to help fulfill our mission: reducing bureaucracy and improving governance in Brazil and all around the world.

ABC is currently listed on several exchanges, with one of them being a Top 100 CoinMarketCap exchange, ABCC! You can read the interview they conducted with our CEO in Combining Governance and Blockchain.

To celebrate our partnership with ABCC, we are now working together to promote a new campaign, in which TWO MILLION ABC will be distributed! 

Do you want to know how to participate and win tokens? So keep on reading this post!

What is the ABC token?

The Anti-Bureaucracy Coin is a utility token based on Ethereum’s blockchain technology. It is NOT a form of digital currency, nor it constitutes a security or commodity of any kind.

With it, holders can access the services and applications of the OriginalMy platform, such as contract signing and Blockchain ID, with progressive discounts. In addition, it can also be used to purchase products from our partners, and in the future, it will be used in incentive programs for our decentralized network of validators.

You can read more about it on the What is the ABC token? FAQ.

How to earn ABC tokens?

The campaign will start on September 9th and will run until September 15th.

In it, it will be possible to win tokens in two different ways, either through holding or trading.

Earning ABCs through holding

During the campaign, all users who hold at least 50,000 ABC, on a five-day average, will be qualified, and then:

  • The user who holds the most ABC will win a reward of 200,000 ABC
  • The second place will win 100,000 ABC
  • The third will win 50,000 ABC
  • All the other users who qualified will share 150,00 ABC equally

In this way, 500,000 tokens will be distributed. The criteria used here will be very simple: the more ABC you hold, the more you win!

Earning tokens through trading

The second way to win is by trading. All users who trade at least 150,000 ABC during the campaign period will qualify, with the rewards being distributed in the following manner:

  • The user who trades the most ABC in that time will win 600,000 ABC
  • The second place will win 300,000 ABC
  • The third will win 150,000
  • All other users who qualified will share 450,000 ABC equally.

1,5 MILLION tokens will be distributed through the trading contest. Again, the criteria are simple: the more you trade, the more you win!

Important considerations

  • Although the name of our token is similar to that of exchange, ABCC, we have no connection whatsoever to it and this is, in fact, nothing more than a coincidence;
  • Be aware of the deadlines and requirements informed by the exchange. The airdrop is being conducted by them and not by us, so in case you have any problem related to it, it is quite likely that we will not be able to interfere to help you;
  • To participate in the airdrop, users will either have to complete the entire KYC process, OR authorize SMS authentication, OR allow Google authentication before September 15th. Any of the three must necessarily be done. We understand that many users are not comfortable with such procedures, but unfortunately, this is a requirement of the exchange so you can open an account there;
  • If you have any complaints about the rewards, please contact the exchange within three days of distribution. Complaints submitted after this period will not be reviewed;
  • Participants caught cheating will be disqualified immediately. The final decision on such cases is done by the exchange and we have no influence over it;
  • You can contact the ABCC exchange via Twitter and Telegram, both in English;
  • If you decide to join the airdrop campaign, understand that the ABC token, like any other token or cryptocurrency, may have high price volatility. You are solely responsible for the decision whether to participate or not, and OriginalMy is not responsible for any fluctuation in the price of tokens.

 

Excited about the airdrop? Then don’t forget to share it with your friends!

Want to learn more about OriginalMy and what we’ve been up to lately? Then check out these interesting news about us and watch the video below about 5 things you probably didn’t know about OriginalMy!

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OriginalMy 2018 Recap
Clipping: Exame magazine, digitalization and Government 4.0