Subsocial Community is determined to commence its Third token state round later this week, the build an additional 250,000 SUB tokens will be distributed to the contributors. Up to now, 500,000 SUB tokens fill already been claimed within the old Dotsama token state rounds.
The eligibility for participation in this token state round is per wallet snapshots taken by Subsocial on April 15th and May per chance presumably perchance also 21st. Dot and Kusama token holders who held 1 DOT or 0.1 KSM all over both snapshots are eligible to participate within the upcoming round.
Completely different eligible contributors are contributors to the winning initiatives within the Kusama crowdloans (Karura, Moonbeam, Khala, Shiden, Bifrost, KILT, Basilisk, and Calamari). However, an yarn must fill contributed thru Polkadot.js forward of September 24th.
Eligible contributors will receive Subsocial’s native token SUB, with primarily the most capped at 100 tokens for every taking part yarn. This native token powers the Subsocial decentralized social networks and marketplaces platform.
Ideally, SUB will allow token holders to fill interaction with the Subsocial community in relatively heaps of how. These consist of making a matter, making posts, interacting with relatively heaps of community users and balloting on posts.
Dotsama Token Claim Rounds
Subsocial launched the Dotsama token state as an initiative to reward the early adopters of the Polkadot and Kusama networks. The goal is to distribute 1,000,000 SUB tokens (1% of the total present) to energetic Dot and Kusama users.
There had been winning two rounds, with the indispensable launching on September 25th whereas the second round was held on October seventh. In both rounds, Subsocial distributed 250,000 SUB tokens to 2,500 accounts on a critical-come, first-lend a hand foundation.
The Dotsama token state also incorporates a vesting interval the build 90 tokens are vested for over 3-6 months whereas the final 10 tokens will be claimed straight away. Subsocial will transfer the claimed tokens from the present operational beta community to the mainnet as soon as launched.
Severely, there’ll be another token state round to finalize the distribution of the 1,000,000 SUB tokens. The project has outlined extra particulars on the token claiming direction of on their FAQ documentation.
