

Celestia (TIA) Airdrop: Everything You Need to Know



Celestia is giving out 60M TIA to eligible participants as it prepares for its community-driven launch sequence in the blockchain industry.
Celestia is at the forefront of blockchain evolution. With its innovative approach to Decentralized Applications (dApps), the platform offers a unique opportunity for users to be part of its journey through its airdrop—Genesis Drop.
According to the protocol’s X (Twitter) page, eligible participants can claim up to 60M of its native TIA token, representing 6% of the total supply, from September 26 to October 17, 2023.
Initiating Genesis Drophttps://t.co/jd6OwoNktc pic.twitter.com/YgeXDn1Gxw
— Celestia (@CelestiaOrg) September 26, 2023
Here's everything you need to know about the Celestia (TIA) Airdrop:
What is Celestia?
Celestia is a modular blockchain protocol that stands out due to its distinctive architecture. By separating the data availability layer from the execution layer, Celestia offers a solution to scale blockchains without compromising on security or decentralization.
According to the protocol’s website, “Celestia is a modular consensus and data network, built to enable anyone to easily deploy their own blockchain with minimal overhead.”
With Celestia, users can deploy their own blockchain within minutes, customize applications, gain access to dynamic scaling, and build sovereign rollups, a new self-governing blockchain with minimal platform risk. This approach is set to redefine how users create and engage with decentralized applications.
Airdrop Details
In light of its Genesis Block expected later this year, Celestia is airdropping 60 million TIA tokens. This presents a rare chance for users to acquire a stake in the project.
The blog announcement shows that the Celestia Genesis Drop is open for 7,579 developers and 576,653 onchain addresses on Ethereum rollups, Cosmos Hub, and Osmosis.
Eligible developers and addresses can add their addresses to the Celestia genesis block by visiting genesis.celestia.org. Tokens claimed via the Genesis Drop will be accessible directly in-wallet from the first block.
Eligibility Criteria
The Celestia airdrop is available to the users in the following categories:
RESEARCH AND PUBLIC GOODS
- Public GitHub contributors to public goods and key protocol infrastructure of Ethereum, rollups, Bitcoin, and Cosmos.
- Public GitHub contributors to Ethereum Improvement Proposals and Bitcoin Improvement Proposals.
- Contributors (topic creators and posters) to Eth Research.
EARLY MODULAR ECOSYSTEM
- Public Github contributors to the organisations and key repositories represented at Modular Summits 1 & 2 and in Celestia’s most recent ecosystem map (July 2023).
- Modular Fellows, cohort 1.
EARLY ADOPTERS OF ETHEREUM ROLLUPS
- Top 50% active users of the top 10 rollups by TVL on L2 Beat
STAKERS AND IBC RELAYERS ON COSMOS HUB AND OSMOSIS
- Stakers of at least $75, allocated by stake and onchain activity.
- IBC relayers.
The first two categories will be allocated an airdrop of 20M TIA, while Celestia will allocate 20M TIA each to the other two categories.
Claiming Your Tokens
If eligible, users are expected to follow these steps:
- To secure your share of the airdrop, head to the Celestia Genesis Drop website and register your wallet address for whitelisting.
- Remember, this window is limited, closing on October 17, 2023.
- Post this period, the tokens will be sent directly to the wallets of eligible participants, coinciding with the mainnet's launch.
After the Genesis Drop, unclaimed tokens, up to 45 million TIA, will be allocated to developers and accounts with submitted addresses.
Refer to the Celestia blog for details about the eligibility for each category, including information on the Ethereum rollups rewards, criteria, and more.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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Related News


Do Kwon Faces Extradition to the United States Over Terra Crypto Collapse

The decision, yet to be officially announced, follows the US Securities and Exchange Commission's (SEC) charges against Kwon for alleged crypto asset securities fraud.
Montenegro's Justice Minister is reportedly inclined to extradite Do Kwon, the founder of Terraform Labs, to the United States, according to a recent report from The Wall Street Journal.
Do Kwon, a key figure in the Terra blockchain ecosystem, is wanted by the United States and South Korea for his alleged involvement in the downfall of Terra's digital assets.
The decision follows Kwon's arrest in Montenegro last March. The collapse, which occurred in May 2022, triggered a broader market downturn affecting major players in the cryptocurrency space.
Legal Maneuvers and Extradition Talks
Kwon, who initially agreed to be extradited to South Korea, now faces the possibility of extradition to the United States. Montenegro's Justice Minister has privately communicated the decision to send Kwon to the US to answer charges related to financial crimes.
The specific charges include commodities fraud, securities fraud, wire fraud, and conspiracy to defraud and engage in market manipulation during Kwon's tenure at Terra.
Despite Kwon's earlier agreement for extradition to South Korea, the final decision rests with Justice Minister Milovic. The minister may await the outcome of a potential last-ditch appeal by Kwon against the court ruling.
Milovic emphasized that the decision would be made public "in a timely manner," leaving room for speculation on the intricate legal proceedings.
SEC Charges and Market Impact
The United States Securities and Exchange Commission (SEC) had previously charged Kwon with defrauding investors in crypto schemes in February. The legal action marked a pivotal moment, linking Kwon to allegations of orchestrating a multibillion-dollar crypto asset securities fraud.
In May 2022, Terraform Labs' collapse had a significant impact on the broader cryptocurrency market, impacting major platforms like Voyager Digital, BlockFi, Celsius Network, and FTX.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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