XRP Holders Need to Pay Attention Now: Evernode (EVRS) Airdrop Announced

In a move that has caught the attention of crypto enthusiasts, Uphold, the digital money platform, has officially announced its support for the upcoming Evernode (EVRS) airdrop. This is a significant development for XRP holders using Uphold’s platform, as they can now qualify for the Evernode airdrop by simply holding XRP tokens in their accounts.

The eligibility snapshot will be taken on Friday, September 1st at 8:00 am UTC (6:00 pm AEST). If you are an XRP holder on Uphold at this specific time, you will be included in the airdrop.

Uphold has set a cap to ensure equitable distribution of EVRS tokens. Specifically, XRP holders will receive airdropped EVRS tokens proportional to the amount of XRP they hold, up to a maximum value of 50,000 XRP tokens. This method of distribution aims to ensure a fair and equal dispersal among participants.

Airdrop Date TBA

While Uphold has confirmed its support, the exact date for the Evernode airdrop remains undefined. The timing depends on various external factors, including the impending launch of the new Xahau Network. Uphold promises to keep its customers updated regarding any significant developments.

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It’s worth noting that while EVRS tokens will be airdropped into Uphold wallets, they may not be immediately available for trading. Uphold has outlined that EVRS must meet specific listing criteria and liquidity requirements before trading is enabled. Initially, recipients might only have the options to hold or withdraw their airdropped EVRS tokens.

As always in the crypto realm, it’s important to acknowledge the risks involved. Uphold cautions that crypto assets, including EVRS, are unregulated, volatile, and come with significant risks that may not be suitable for all investors. Additionally, the availability of these features may vary depending on jurisdictional regulations.

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Rene Peters
Rene Peters

Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. He is particularly interested in the long-term implications of blockchain technology for politics, society and the economy.

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