Celestia announces an airdrop of 60 million TIA tokens

After a time period of comparatively quiet action, Celestia out of the blue announced the airdrop of the TIA token for developers and early contributors.

Celestia announces an airdrop of 60 million TIA tokens

According to the announcement on the evening of September 26, there are about seven,579 programmers and 576,653 on-chain wallet addresses that meet the circumstances to get airdrops from Celestia, a pioneering undertaking to develop modular blockchains.

Starting currently, seven,579 developers and 576,653 onchain addresses will have the possibility to join Celestia from block 1.

Eligible participants can declare up to 60 million TIA, Celestia’s native asset, until finally October 17, 2023, twelve:00 UTC.https://t.co/X11DVJpPSS

— Celestia (@CelestiaOrg) September 26, 2023

Total provide of TIA Want one billion tokens. Project shelved six% of the complete circulating provide equivalent to 60 million TIA, the ecosystem’s native token, for this Genesis airdrop. The time to declare the bonus is legitimate until finally 19:00 on October 17, 2023 (Vietnam time).

Specifically, the quantity of airdrop tokens assigned is as follows:

• twenty million TIA for seven,579 developers and researchers, such as contributors from Publics Good and the most important platform Eth Research, to go over tips about LazyLedger. Genesis Drop also rewards individuals who contributed to setting up the preliminary module ecosystem, such as contributing to other ongoing modular DA tiers. Useful, EigenLayeKing Solana.

• twenty million TIA distributed to 576,653 on-chain wallet addresses who are the most lively consumers of Ethereum rollups. Among these, we can mention the most important layer-2s this kind of as OP Mainnet, Arbitrum One, Arbitrum Nova, Starknet, zkSync Lite, dYdX (StarkEx), Immutable (StarkEx), SoRare (StarkEx), Loopring and Metis Andromeda.

• twenty million TIA for Cosmos Hub and Osmosis stakers and IBC Relayers.

The undertaking moved forward snapshot of January one, 2023.

Uses of the TIA token incorporate paying out blob room charges, launching new rollups, staking, and network administration. To examine your airdrop eligibility, take a look at genesis.celestia.org and see the particulars on https://blog.celestia.org/genesis-drop/.

Born in 2019, Celestia chose to develop a “modular” blockchain architecture in hopes of solving the problems inherent in blockchain implementation and scaling. Celestia separates execution from consent. As of October 2022, the undertaking was valued at $one billion just after a $fifty five million capital get in touch with led by Bain Capital Crypto and Polychain Capital money.

Celestia’s architecture

Celestia Ecosystem beginning July 2023

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