New KICKICO project to airdrop $40 million of its native tokens to KICK holders

03 Aug, 2018
by David Robb
News
New KICKICO project to airdrop $40 million of its native tokens to KICK holders

A new project from investors and members of the KICKICO team is soon to be launched, and it is planning an airdrop to reward KICK holders. The U.Community team will be giving away up to $40 million in the native token of its UOS blockchain.

The U.Community is a new social capital platform, based on the UOS blockchain. It will reward participants with increased influence, for useful actions in the space.

Exact details of its upcoming airdrop are not yet available, but KICK holders can now sign up for the UOS whitelist, which will give them access to the UOS tokens. The total giveaway could be worth up to $40 million.

Although a major hack on the network recently saw many holders lose funds, KICKCoin saw a huge surge in value recently, likely due to the announcement of the upcoming UOS launch.

After increasing in price by 45 percent, the token entered the top 100 cryptos on August 2. In the last 24 hours, it has fallen back down to roughly where it started the week, but it is still up for the month. The price is currently $0.115286. 

The KICKICO team will soon be refunding all users for their stolen funds, which amounted to around $7 million.

Read more: KICKICO (KICK) hacked for over $7 million, will refund tokens

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