Litecoin is a peer-to-peer cryptocurrency created by Charlie Lee. It was created based on the Bitcoin protocol but differs in terms of the hashing algorithm used. Litecoin uses the memory intensive Scrypt proof of work mining algorithm. Scrypt allows consumer-grade hardware such as GPU to mine those coins.
"Reward will be airdropped before Oct 30th. The maximum amount of LTC an individual participant could get is no more than the market value (on Sept 30th) of 10 USDT."