The PHIL (PHIL) token was created by a mysterious Ethereum developer known as ZZ-410, an early crypto pioneer. PHIL launched in August 2024 with a mission to unite top memecoins for charity events and community impact.
The PHIL airdrop specifically targets Shiba Inu (SHIB) holders who have their tokens in self-custody wallets like MetaMask or Trust Wallet. Eligibility for the airdrop was based on holding SHIB in these wallets by August 28, 2024, at block height 20,627,000. SHIB holders could claim the airdrop by submitting their wallet addresses, with early claimants receiving at least 500 PHIL tokens, and some up to 500,000 PHIL.
To boost their PHIL airdrop rewards, participants could complete social media tasks, like following PHIL and SHIB on Twitter and retweeting the announcement, to enter a "Lucky Draw" for additional tokens, including a grand prize of 250,000 PHIL.
KuCoin also launched a separate PHIL token airdrop campaign from November 1 to November 8, 2024, with two main activities:
1. New User Airdrop: New users who signed up, completed KYC, and traded or deposited 100 PHIL could share a pool of 2,000,000 PHIL tokens.
2. KCS Holder Airdrop: Existing KuCoin users with at least 10 KCS were eligible for a share of 3,000,000 PHIL tokens, distributed based on their KCS holdings, with a maximum reward of 5,000 PHIL per user.
PHIL’s community-driven approach aims to build partnerships and host charity events, with plans for additional collaborations and philanthropic activities.