ETC development team announced the Callisto Network project, which will result in a 1:1 airdrop.
The blockchain snapshot happened at 5500000 blocks. KuCoin will distribute CLO to all users who have their Ethereum Classic tokens on KuCoin in the following weeks.
The main goal of Callisto is to research and develop a reference implementation of self-sustaining, self-governed, self-funded blockchain ecosystem and development environment. Callisto aims to establish a secure and contribution-friendly environment for further protocol development and improvements. It will rely on built-in system of smart-contracts to achieve this goal.
One of the main problems of Ethereum smart contracts is the lack of tools to make them secure. Smart-contract hacking results in millions of dollars loss for the whole ecosystem. Callisto is intended to solve this problem for CLO and ETC ecosystems with “Official Smart-contract Auditing Department of CLO & ETC”. This represents a completely free opportunity for professional smart-contract auditing for end users.
You can read Callisto white paper at the following link: https://drive.google.com/file/d/16sW_0YajCedBdLvr9jmgJqE9L-SzuYKq/view