If you already own some IGNT tokens, then you are in for a treat – there are some free, new digital currency units up for grabs. The first firm to license Ignite (IGNT) technology is an upcoming cryptocurrency called Cornucopia (HORN), and it’s a “pre-IPO ratings and investment intelligence platform.”
HORN tokens are ERC20 tokens built on top of the Ethereum (ETH) network, and it allows people on the Cornucopia platform to rate and review assets of companies that haven’t completed an initial public offering (IPO) yet – like Lyft and AirBnB.
This is how it is described by the Ignite team:
“Cornucopia acquires pre-IPO assets based on the ratings generated by its users and, in a similar fashion to the Ignite RATINGS platform, rewards those users that participate in the ratings process by distributing 50% of any trading gains back to active token holders. Once generated, ratings may be distributed to popular news sites and made available via Ignite RATINGS, Cornucopia and other partner websites.”
This is a unique coin because it is not directly related to cryptocurrency – it’s more tied in with traditional equity capital markets but allows its participants to earn income and rewards just by being a part of the review and rating process.
So, what about the airdrop?
You need to own at least 100 IGNT on the date of the snapshot – which will take place on June 15th. The actual air drop will happen sometime before the 20th of June, but we don’t know the exact date yet.
If you have more than 100 IGNT tokens, you are eligible – and you will get 25% back in the new HORN tokens.
They are holding the Cornucopia token event at 10 cents apiece.
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.