{"id":20023,"date":"2024-05-08T12:00:32","date_gmt":"2024-05-08T12:00:32","guid":{"rendered":"https:\/\/coinengineer.io\/?p=20023"},"modified":"2024-05-08T10:31:44","modified_gmt":"2024-05-08T10:31:44","slug":"layerzero-airdrop-90-of-addresses-ineligible","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/layerzero-airdrop-90-of-addresses-ineligible\/","title":{"rendered":"LayerZero Airdrop: 90% of Addresses Ineligible"},"content":{"rendered":"<p>Another piece of new information was provided by <a href=\"https:\/\/twitter.com\/PrimordialAA\">Bryan Pellegrino<\/a>, one of the founders and CEOs of <strong>LayerZero Labs<\/strong>. Pellegrino recently made the announcement that <a href=\"https:\/\/coinengineer.net\/blog\/layerzero-labs-combats-airdrop-abusers-with-token-incentive\/\">employees of the company would not be eligible to receive airdrops<\/a>. Pellegrino provided information over Telegram, indicating that around ten percent of the company&#8217;s employees are likely to be eligible for the airdrop, while the remainder of the of the millions of addresses are &#8220;not real.&#8221;<\/p>\n<p>The founder and chief executive officer of <strong>LayerZero<\/strong>, a system that facilitates direct communication between several blockchains, Bryan Pellegrino, indicated that just 6% to 13% of addresses are genuine and will be eligible for the airdrop.<\/p>\n<p>Within the information that he provided over Telegram, Pellegrino made use of the following statements:<\/p>\n<p><em>&#8220;It is possible to estimate that only between 400 and 800 thousand of the 6 million addresses are genuine, taking into account the fact that almost half of the addresses only completed a single transaction. The exact percentage of people who will be eligible for the airdrop is anywhere between 6.67 and 13.33 percent.&#8221;<\/em><\/p>\n<p>A further piece of information that Pellegrino had lately received was that personnel of <strong>LayerZero Labs<\/strong> would not be eligible for any kind of airdrop in any fashion.<\/p>\n<p>Since the first of May, <strong>LayerZero Labs<\/strong> has been collecting screenshots for use in airdrops.<\/p>\n<p><strong>LayerZero<\/strong> makes it possible for users and decentralized applications (DApps) to store their assets and data on different blockchains in a seamless manner and then move them to other networks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Another piece of new information was provided by Bryan Pellegrino, one of the founders and CEOs of LayerZero Labs. Pellegrino recently made the announcement that employees of the company would not be eligible to receive airdrops. Pellegrino provided information over Telegram, indicating that around ten percent of the company&#8217;s employees are likely to be eligible<\/p>\n","protected":false},"author":6,"featured_media":19835,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[64,176,5912],"class_list":["post-20023","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-news","tag-airdrop","tag-layerzero-airdrop","tag-layerzero-labs"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>LayerZero Airdrop: 90% of Addresses Ineligible - Coin Engineer<\/title>\n<meta name=\"description\" content=\"LayerZero Labs CEO Bryan Pellegrino announces company employees are ineligible for airdrops, while only 6%-13% of addresses qualify.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/layerzero-airdrop-90-of-addresses-ineligible\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LayerZero Airdrop: 90% of Addresses Ineligible - 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