CoinSpot will be supporting the distribution of Sologenic (SOLO) to users holding Ripple (XRP) on our platform.
The snapshot is due to occur on the 25th of December 2021 at approximately 7am AEDT, with the airdrop date to be confirmed. The entire process will be handled by CoinSpot.
XRP deposits & withdrawals will be temporarily halted on the 25th of December 2021
If you would like CoinSpot to handle the process on your behalf, please ensure that you leave sufficient time for your Ripple (XRP) transfers to be processed prior to the 25th of December 2021.
Allocations will be based on each user’s Ripple (XRP) CoinSpot wallet balance at the time of the snapshot.
We will calculate the amount of Sologenic (SOLO) to distribute to holders of Ripple (XRP), based on the amount of Ripple (XRP) held by each user at the time of the snapshot and the total Sologenic (SOLO) CoinSpot receives.
Sologenic (SOLO) token distribution complete!
The Sologenic (SOLO) distribution has now been completed and all eligible CoinSpot users have since received their token allocations.
In line with the ratio listed by the Sologenic (SOLO) Team, Sologenic (SOLO) tokens have been distributed to eligible user accounts at a ratio of 0.004456338205 SOLO : 1 XRP.
For more info from the Sologenic (SOLO) team regarding this airdrop, please refer to this article.
Need more help?
Please submit your request via Zendesk - https://coinspot.zendesk.com/hc/en-us/requests/new
or start a conversation with us via Live Chat and our team will provide full instructions and advice.
Comments
5 comments
So what happened with the drop??
Hello
I received feedback from Coinspot today ( Saturday, 22 Jan 2022 ), here is the reply from Coinspot sent to me through the ZenDesk platform of CoinSpot ... Here it goes
Hello Desmond thank you reaching out to us. CoinSpot will be supporting the distribution of SOLO to users holding XRP on our platform, however we are still awaiting for further updates from the SOLO network.
The snapshot was completed on December 25 at approximately 7am AEDT, with the airdrop date to be confirmed.
The entire process will be handled by CoinSpot.
We'll just need to be patient and wait for the process to be completed by the SOLO network.
Cheers
Des
Well this is what I received! I have advised back to them that their customer/investors have not been provided with an update since the snapshot and I am already aware of the below etc. I advised them they have had months to sort out their internal protocols/infrastructure and some other stuff which I wont repeat on hear in why they are taking so long to update anybody. And I would like to know an approx timeframe!
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Thanks for getting back to us.
Rest assured, CoinSpot will support the SOLO airdrop on behalf of users holding XRP.
The snapshot has already been completed, distribution of SOLO to our eligible customers will occur once our Development team have ensured the new SOLO wallets and network are secure.
As an platform, we require that internal protocols and infrastructure both to our wallets and platform are established before we are able to safely and effectively allocate the rewarded coin to our users.
Our team are working hard on having this made available as soon as possible and we greatly appreciate your patience.
Alright now we need a time frame. Surely you can give us a timeframe. I have had no real concerns with CoinSpot to this point but it concerns me you have had nearly 2 months to create the wallets and secure your protocols. It's not previously taken this amount of time. You have been better. I have already received SOLO on Xumm so what's holding you up?
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