What is this Airdrop snapshot ? Can u share information on exact date when? I only see April 2018 on your post. Thanks in advance.
Every 1 PRL you have you will get 1SHLs, and this is the reason why PRL price go up now and I think will up to $5 untill the Airdrop, you better buy now.
Read this post for more information
https://medium.com/oysterprotocol/shell-shl-update-and-new-hires-87978ad687a9Thanks mate! I'm going to read this now. Still holding my PRL hoping it'll reach an All time high. Will the SHL be also listed on their already listed exchanges of PRL?
Of course you should understand that snapshots always influence the price in the short term. Look at ethereum classic is also experiencing gains in the price because of the callisto snapshot in march. Independently from this, you should know the intrinsic value of each coin and determine it's potential price based in real use cases they can have, not entirely on speculation. The main advantage of PRL is that it's pegged to it's GB storage value. The basic concept to this peg is that, each PRL's storage value will increase overtime either measuring it with time like with months, or with storage usage overtime of the overall network. So the more demand of PRLs, the more it appreciates in value, not defined by speculation but by its intrinsic value: its storage value because this also appreciates. The initial storage value of one PRL will be 64GB per year.
If you look at dropbox storage prices, they charge $12.50 (
https://www.dropbox.com/business/buy#0) for 2,000 GB per user per month. That means $150 per 2TB per year. With PRLs you pay $1.49 (at current price and current market conditions, which are purely speculative) for 64 GB. So you need 31.25 PRL to match the storage value drop box currently offers you (That would bring your total of $46.56 per year for 2TB). This only show you how undervalued the token is because of not even being live in the tangle yet. Once that happens, its pegged value will increase, and it's value will increase too. Not even thinking about all the decentralised properties Oyster have with using the IOTA tangle and the Ethereum ecosystem, price comparisons with current mainstream storage systems favour oyster. That's the wonder of PRL