Everything about the MWC project has gone according to, or exceeding, its initial plan. To wit, the airdrop claim process started nine days ahead of schedule – and today, juw5 nine days in, more than five million of the six million to be airdropped have been claimed.
Roughly one million MWC has already traded – on HotBit, and OTC; and on January 2nd, the claim process will be closed - at which point, the dev team can re-focus on technological advancement of crypto’s most revolutionary technology breakthrough.
In the roadmap released earlier this month, it was disclosed that details of the “MWC HODL” program would be announced in 1Q20, and implemented in 2Q20. Lead Dev @chrisgilliard has previously hinted at the most likely structure the program might take – and today, published his first official thoughts.
I believe you will be blown away by the articulation of the plan, to bestow holders - BOTH passive and active - with quarterly MWC rewards, with rewards scaled to increase with holding period length. The initial plan is for it to run for 10 quarters – but potentially, an additional 1-2 quarters, to distribute unclaimed HODL rewards to existing holders.
Moreover, the dev team is debating what to do with unclaimed MWC from the airdrop – the amount of which will be known after January 2nd. Of the available choices, they are leaning toward burning whatever is left – a boon to all, as it could materially decrease supply from the already scant 20 million coin lifetime cap.
Please read his article carefully, and prepare for final details roughly one month hence. MWC aims to be the most valuable of the “MimbleWimbleTrinity” coins – and its pioneering “HODL program” will be one of the main reasons.
The MWC airdrop registration ended July 19th; MainNet launched November 11th; and airdrop claims commenced December 2nd, ending January 2nd…at which point, details of the “MWC HODL” rewards program will be announced. A total of 148,474 Bitcoin registered – roughly 1% of the entire BTC float - yielding an MWC/BTC ratio of roughly 40.41…and currently, it trades at HotBit.io. For more information, please check out the MWC website, Discord room, Twitter feed, and Telegram Forum.
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