The unit price of the SPC airdrop is US$1.55, what you get is what you earn!

NGK.IO
3 min readJan 19, 2021

One of the best features of NGK is that it can host any form of financial activities. The NGK decentralization protocol aims to express financial activities to the greatest extent, so a complete classification of potential activities can be realized on the network.

SPC airdrop

Some people want to build things that cannot maximize trust on NGK, such as tokenized securities, real-world assets, etc. Whether it is trust or distrust, it is a useful product. Although we believe that similar things will not fall into the argument of the sunk cost theory, there are no rules that require you to build something on NGK. At present, the most popular project built by NGK is the SPC sidechain token. Due to the airdrop of the SPC sidechain token in the last two days, the NGK community went wild. Some big names in the industry even posted their 4–5 figure of sidechain tokens. At present, the single price of OTC SPC tokens has reached US$1.55, and according to this figure, 2 million SPC sidechain tokens airdrop means that the total value of this airdrop is US$1.55 multiplied by 2 million equals to US$3.1 million.

SPC airdrop

In my previous article, I encouraged all participants in the ecological construction to hold more NGK computing power and create more NGK accounts. There is no doubt that this SPC airdrop candy will be another feast of wealth. Based on my personal experience, by owning 200 computing power, I have received the revenue generated by the NGK official on the 12th. The total revenue was counted according to the equivalent of 1 computing power is 0.36SPC. Thus, with 200 computing power, I have received 72 SPC sidechain tokens. According to the current price of SPC in the market, which is US$1.55, so the 72 SPC that I own are worth US$111.6 off the counter.

SPC airdrop

Talking about finance, the rate of return is an important topic. Finally, I analyze the rate of return of the SPC sidechain tokens. According to the actual data of the current airdrop, it is 0.363. This means that you can obtain 363 tokens with 1000 computing power. It shows that the computing power of the entire network has increased slightly than the official estimation. As the subsequent rewards for the NGK computing power holders become more frequent, it is believed that the computing power value of the entire network will continue to rise. It is expected that the NGK official will airdrop to the market at such a ratio for a long time, for example once a week. Then, we can conclude that each computing power holder can obtain a monthly revenue of 5.7% multiplied by 4=22.8%. That’s really a considerable amount! If the price of SPC in the secondary market continues to rise, the benefits are even more inestimable. Hence, rising to tens of dollars for one SPC sidechain token is not a problem.

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