It looks like the price for ETC has finally stabled down. It took a major drop last week from 43$ to almost 28$. But the good news are yet to come and I am expecting a pull back in the near future. Today there is going to be a Ethereum Classic fork"or airdrop or what ever you want to call it. Every Ethereum Classic holder will get a Callisto (CLO) coins at a 1:1 ratio during the airdrop. A snapshot will occur at block 5500000 . In order to get CLO you have to store your 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 have. Callisto is a separate blockchain that is based on Ethereum protocol with its own cryptocurrency (CLO). It introduces a Cold staking protocol that rewards coin holders for being a network participants. ETC does not have any incentives for coin holders and The whole emission is completely controlled by miners and their influence grows with the growth of the network.
