The crypto investment platform is launching a free distribution of $ 1 billion worth of cryptoassets to holders of XRP and its native tokens.
The Sologenic Ecosystem (SOLO), built on the XRP Ledger (XRPL) ledger and tokenizing a wide range of assets in traditional financial markets, is launching a new decentralized non-fungible token (NFT) market.
To leverage the ecosystem of the new marketplace, Sologenic will initially give away 200 million of its own SOLO tokens to investors who already own SOLO or XRP, according to a new statement from the company.
In order to receive free SOLO tokens, crypto investors must store their SOLO and / or XRP on centralized exchanges that support airdrops, or create a “trust line” from their personal Sologenic wallet.
The airdrop snapshot will be taken on December 24, and the Sologenic team will split 100 million SOLO between XRP and SOLO accounts. Investors who set Trustlines will receive their tokens on January 20th.
The new Sologenic marketplace will allow users to issue XRP NFTs in the registry in eight different categories, including animated graphics, music and sports collectibles.
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