There is a Callisto (CLO) airdrop planned for Ethereum Classic holders. A snapshot will occur at block 5500000. Those who held ETC during the snapshot will get CLO coins at a 1:1 ratio during the airdrop. Estimates for when block 5500000 will occur are March 2 – 5th, 2018.
The bottomline on the Callisto Airdrop: Be in Ethereum Classic (ETC) in a wallet where you control your private keys before block 5500000, then you’ll have access a 1 Callisto for every ETC you had after the Callisto main network goes live.
Callisto is a separate blockchain that is based on Ethereum protocol with its own cryptocurrency (CLO). Callisto has a fixed cap monetary policy similar to ETC. Unlike ETH, ETC is posing itself as a value storage. It should be noted that the ETC does not have any incentives for coin holders. The whole emission is completely controlled by miners and their influence grows with the growth of the network. Callisto introduces a Cold staking protocol that rewards coin holders for being a network participants.
- Read more: https://www.reinisfischer.com/how-prepare-upcoming-callisto-airdrop-ethereum-classic