Aptos Foundation airdrops 20M tokens to its early testnet users

Cointelegraph

Published Oct 19, 2022 04:00PM ET

Updated Oct 19, 2022 05:40PM ET

Layer-1 blockchain company Aptos Foundation announced on Oct 18 that it had rewarded its early network participants with free APT tokens.

The foundation shared that it had allocated an estimated 20 million APT tokens, representing 2% of its initial total supply of 1 billion APT, to about 110,235 eligible participants. The airdropped tokens had an estimated value of about $200–$260 million USD based on the token's market price at the time the drop took place.

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