What is Songbird airdrop?

Songbird Airdrop will have its own token, Songbird ($SGB), which will be distributed once only and in the same ratio to all the same recipients of the FLR distribution. Total starting supply will be 15 Billion with initial inflation of 10% per annum through the FTSO and validator rewards systems.

What is a crypto airdrop?

Small amounts of the new virtual currency are sent to the wallets of active members of the blockchain community for free or in return for a small service, such as retweeting a post sent by the company issuing the currency. The ultimate goal of a crypto airdrop is to promote awareness and circulation of a new token or coin.

What is Songbird (SGB) crypto?

What's Songbird (SGB) crypto? Songbird is the test platform for the Flare Network, a blockchain that seeks, like Ethereum, to bring smart contract capability to other blockchains, including Ripple, Litecoin, and Dogecoin. That will enable developers to build apps that can run on these blockchains.

Will Songbird airdrop free SGB to XRP holder?

Songbird will be airdropping free SGB to XRP holders based on the same snapshot as of Flare which was taken at the first validated XRP ledger index number with a timestamp greater than or equal to 00:00 GMT on 12th December 2020. Eligible users will get free SGB at a ratio of 0.1511 SGB : 1 XRP.