Chiliz (CHZ) Holders Face Cancellation of 1000PEPPER Airdrop

In a recent development, Binance has announced that the planned fourth snapshot for the airdrop of Pepper (1000PEPPER) tokens to Chiliz (CHZ) holders will no longer occur. This decision follows updates from the Chiliz project team, as stated by Binance on October 30, 2024.

Impact on Chiliz Holders

The cancellation of the airdrop snapshot has significant implications for CHZ holders who were expecting to receive the 1000PEPPER tokens. Binance has indicated that they will update users with a new announcement once the distribution to Binance users is complete.

Official Announcement

Binance has urged users to refer to the Chiliz project team's announcement for more detailed information on the cancellation. The decision to forego the snapshot marks a notable shift in the planned distribution strategy for the 1000PEPPER tokens, which were intended to enhance community engagement and reward CHZ holders.

For those seeking further details, the official update from the Chiliz team can be accessed here.

Future Updates

Binance has committed to keeping users informed with subsequent announcements regarding the airdrop's completion status. The exchange also noted potential discrepancies between the English version of the announcement and any translated versions, recommending users rely on the English version for the most accurate information.

Binance also reserves the right to amend or cancel this announcement at any time without prior notice, underscoring the inherent volatility and risks associated with digital assets. Users are advised to consider their investment strategies carefully and consult with financial advisors where necessary.

For the latest developments on this and other crypto-related news, Binance encourages users to stay updated via their official channels.