Layer-1 blockchain firm Aptos Basis announced on Oct 18 that it had rewarded its early community members with free APT tokens.
1/ The Aptos Basis has supplied early community members with APT tokens. In case you are eligible to assert, you’ll obtain an e mail from airdrop@aptosfoundation.org within the subsequent few hours.
— Aptos (@AptosFoundation) October 18, 2022
The inspiration shared that it had allotted an estimated 20 million APT tokens, representing 2% of its preliminary complete provide of 1 billion APT, to about 110,235 eligible members. The airdropped tokens had an estimated worth of about $200–$260 million USD primarily based on the token’s market worth on the time the drop passed off.
In accordance with the blockchain firm, eligibility for the airdropped tokens was primarily based on two classes: “Customers who accomplished an software for an Aptos Incentivized Testnet” and customers who minted “an APTOS: ZERO testnet [nonfungible token, or] NFT.” Solely the unique minters of those NFTs had been eligible, not the present or secondary homeowners of the NFTs.
The corporate shared that Aptos tokens might solely be claimed by way of the official Aptos Group web page with extra data supplied within the eligibility e mail despatched out by the corporate. They cautioned customers to train excessive warning and solely belief official sources and channels to keep away from being defrauded.
Aptos Basis’s first airdrop to its neighborhood members comes at a time when the venture has been underneath a lot scrutiny by members of the crypto neighborhood on Twitter.
Associated: Courtroom partially denies Aptos Labs’ movement to dismiss Glazer’s $1 billion lawsuit
Solana Blockchain developer Paul Fidika, who had allegedly labored on Aptos staking, claimed in a sequence of tweets that the venture had “Dodgey tokenomics” and “Pretend POS.”
1. Dodgey tokenomics. The FTX / Coinbase / Binance tokens happening sale tomorrow are already owned by the exchanges and are already staked (I believe???) Nonetheless these exchanges are advertising as if these tokens are being offered by the neighborhood (which is unattainable—there was no ICO)
— Paul Fidika | OpenRails.dev (@PaulFidika) October 18, 2022
Aptos was created by former Meta workers Mo Shaikh and Avery Ching, each of whom had been concerned in Mark Zuckerberg’s failed Diem blockchain venture. Diem wound down in February of this 12 months, with Meta promoting its mental property and different property.
In July, Aptos closed a $150 million funding spherical co-led by enterprise studios FTX Ventures and Bounce Crypto, with extra participation from Andreessen Horowitz, Apollo, Franklin Templeton and Circle Ventures. In accordance with Bloomberg, the funding spherical greater than doubled the startup’s valuation, which was over $1 billion as of March.