PulseChain Airdrop Review: ETH Holders will Receive free PLS

About PulseChain Airdrop

PulseChain Airdrop is a new blockchain-based cryptocurrency ecosystem that will fork from Ethereum to offer significant enhancements over the legacy Ethereum platform. They will be doing a fork of Ethereum and copy all ETH, ERC20 and NFT balances once the fork occurs. All balances will be copied 1:1 (1 ETH = 1 PLS) to the Pulsechain mainnet.

As members of the PulseChain community, mission is to make the onboarding process as simple as possible. They research so you don’t have to and provide quality information for the most popular questions regarding, PulseX and HEX. The vision carrying us forward is one of a more accessible decentralized internet and the belief that financial freedom is an essential human right.

The How To Pulse blog contains extensive information on the PulseChain Airdrop ecosystem, including how to buy Pulse, how to secure your coins, how compares to Ethereum and much more. Knowledge makes us and the projects we stand for stronger. By helping others they help ourselves.

Step-by-Step Guide

1. Hold ETH, ERC-20 tokens, and NFTs on the Ethereum blockchain once the fork happens.
2. The exact date and block height have not yet been announced, but it’s likely to happen once the mainnet goes live.
3. ETH holders will receive free PLS at a ratio of 1:1.
4. ERC-20 tokens and NFTs will also be copied 1:1 and available to you on the PulseChain network after the fork.
5. There’s no manual action required. You will be able to see your balance after changing the network to PulseChain on Metamask. (Mainnet is not live yet!)
6. Only non-custodial holders are eligible for the airdrop, so make sure to transfer the assets from exchanges to private wallets before the fork happens.
7. The copied ERC-20 tokens and NFTs will have value only if the respective projects support them on PulseChain.
8. Follow their social channels to stay updated regarding the airdrop.

Testnet preview:

1. Pulsechain already has a testnet fork running based on a block height 13,244,745 (September 14th, 2021 at 3:48 +UTC).
2. Just add the Pulscechain testnet network to Metamask by following the steps available here.
3. Now you will see a PLS balance at the same ratio of an earlier ETH/ERC20/NFT balance.

PulseChain Is A Hard Fork Of Ethereum!

PulseChain Airdrop is a new blockchain to be launched in the first quarter of 2022. It is a hard fork of the Ethereum blockchain.

This means that on the day that PulseChain mainnet will be launched, instead of it being an empty blockchain, it will contain all the data from Ethereum (tokens, NFTs, smart contracts, addresses, transaction history & states). 

Everything any address owns on the Ethereum blockchain (ERC-20 & NFTs), the same address will own on PulseChain on day 1. No action from a user’s perspective is required.  Just wait for it to launch and the tokens will be there. 

Congratulations, you’ve just gotten access to 1:1 copies of all the tokens you had on the Ethereum blockchain!

This will be the biggest airdrop to ever occur since the genesis of blockchain technology.

Who Is Eligible?

Anyone who holds in their non-custodial wallet ERC-20 tokens or NFTs on the Ethereum blockchain will receive a 1 to 1 copy of their tokens on PulseChain. An ERC-20 is a fungible token that lives on the Ethereum blockchain, for example, Ether (ETH), HEX, Chainlink (LINK), Shiba Inu (SHIB), Tether (USDT), Wrapped Bitcoin (WBTC), etc. A non-custodial wallet means that you have the private key to the wallet and can access it directly (e.g. MetaMask).

Any PulseChain Airdrop copies of tokens that you hold on a centralized exchange such as Binance, Coinbase, Kucoin or others, will not be yours when PulseChain launches. You would have to then beg the exchange to give you the tokens, but it’s a lost cause. So rather, get the tokens out of the exchange and into your own wallet as soon as possible, before the hard fork happens (e.g.

MetaMask, Trust Wallet, Exodus, etc.) In essence, get as many tokens as you can into your own private wallet, hold them and they’ll be doubled once PulseChain launches! Note that all copied tokens will retain their current name, except for Ether (ETH) which shall be renamed to Pulse (PLS). This is because each one of these tokens is the native token of their hosting blockchain.

2nd Method

Whoever “Sacrificed” Coins or Donated to the SENS Foundation

A large number of coins and tokens were sacrificed for the PulseChain project, totaling several billions of dollars in value. The sacrifice phase is technically still live, but it is practically over, and the founder, Richard Heart, recommends that you should NOT sacrifice now. The rate is about 2,500 times worse than it was on 15 July 2021!! So, you are much more likely to get a better deal for coins after launch.

How it worked was as follows: for every sacrificed coin, people would get a certain amount of “sacrifice points” in return. The ratio between $ sacrificed vs “sacrifice points” received decreases every day. On the first days of the sacrifice, you would have gotten 10K “sacrifice points” per $1, on October 15 it was roughly 137 “sacrifice points” per $1. This value gets lower by the day- and it is currently 2,500 times worse than on day 1. 

How about tokens on other chains like BSC, Matic & Polygon?

Any token held on blockchains other than ethereum will not be copied over to PulseChain Airdrop . Only tokens (ERC-20 & NFTs) on Ethereum will get copied over to. So think about migrating all your assets to Ethereum before the hard fork takes place

However, if you do not want to hold your tokens on the Ethereum blockchain but you do want to participate in the airdrop, you can sacrifice from many different blockchains

Will I Get A Copy Of My Staked HEX?

You will get all your staked HEX 1 to 1 as well as any other token that is locked on a contract on the Ethereum blockchain. It does not matter if your tokens are staked or liquid.

Since the smart contracts holding the locked tokens will also be copied over to PulseChain, the copy of the staked tokens will also be staked for the same amount of time. For example, if you currently have HEX staked for 10 years, their copy on will also be staked for 10 years.