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Japanese Crypto Exchange to Offer Songbird (SGB) to XRP Holders in Yen


Japanese Crypto Exchange to Offer Songbird (SGB) to XRP Holders in Yen

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  • Japanese crypto exchange GMO offers airdrops for XRP holders in 2020.
  • Eligible customers will receive the Japanese yen equivalent of Songbird (SGB).
  • Every holder of XRP at the time of the snapshot is eligible to claim the airdrop, even if they sold the coin afterward.

Japanese crypto exchange GMO announced that they will offer Songbird (SGB) to XRP holders in Japanese yen. The exchange shared on its website that a snapshot was acquired at 9:00 on Saturday, December 12, 2020, that shows XRP holders and the holding quantity. Based on the snapshot, they would issue the airdrop.

Customers who are eligible for the SBG airdrop are those who held “physical Ripple (XRP) in our company account as of 9:00 on Saturday, December 12, 2020.” Moreover, they shared that customers who were using crypto asset lending services were also eligible.

SGB is the native token of the Songbird network, a Canary blockchain for the Flare network, which is a Layer-1 network that’s fully compatible with the Ethereum Virtual Machine (EVM).

The announcement clarified that even if customers sold or sent their XRP after the snapshot was acquired, they would still be eligible for the …

The post Japanese Crypto Exchange to Offer Songbird (SGB) to XRP Holders in Yen appeared first on Coin Edition.

Read the article at CoinEdition

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