The lockdrop

Edgeware will be launched via a lockdrop, a modified airdrop where participants timelock ETH to receive EDG.

The lockdrop will take place in Summer 2019, and give away >90% of tokens in the genesis block to participants.

Lockdroppers will be able to timelock their ETH for 3 months, 6 months, or 1 year. Participants will get 100% of their ETH back afterwards.

This broad token distribution will bring a wide set of participants into the governance process.