Initial Distribution Program

Initial Distribution Program

The Allvor initial offer will be free and for the community

Allvor believes in the power and engagement of the community for the maturation and strengthening of digital cryptocurrencies. It has been so far and will certainly be so in the future. Allvor will not do an ICO or a crowdfunding to raise funds. Its initial distribution will be made directly to the XRP holders community under the terms of our Initial Distribution program.

The initial circulation of ALV will be performed through the free distribution to Ripple accounts created until March 27, 2018. If your Ripple account was active on this date, you may receive ALV through this Program.

Add a trust line for Allvor in your Ripple account

To receive ALV from the Initial Distribution Program, you must first add a trust line for Allvor in your Ripple account.

Use the application

The only channel to perform the ALV’s distribution under this Program will be firstly made through the application made available on the Allvor´s portal. The user must enter the Ripple account number in the appropriate field and click the button to see if the trust line has already been added. If the trust line has already been added, the user can request a payment, which will be done automatically.

How many ALV you may receive

The amount of ALV to be received corresponds to the amount of XRP available in the user’s Ripple account at 1:00 (GMT 00) on March 28, 2018, (Ledger 37539810), with an increase of 30%, added to the standard amount of 5,000 ALV.

In short: Add 30% to the amount of XRP you had on this date and time and sum with 5,000. This is the amount of ALV you can receive. But be aware that the maximum payment limit of the Program is 1,000,000 ALV.

Initial Distribution Program

The Allvor initial offer will be free and for the community.

Allvor proposes the integration of the XRP Ledger’s superior technology with systems and protocols used in e-commerce as a way to boost the cryptocurrency use on a global scale.

Allvor White Paper