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Celestia (TIA) Airdrop: Everything You Need to Know

by BSC News

September 27, 2023

chain

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. 

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. 

Disclaimer

Disclaimer: The views expressed in this article do not necessarily represent the views of BSCNews. The information provided in this article is for educational and informational purposes only and should not be construed as investment advice. BSCNews assumes no responsibility for any investment decisions made based on the information provided in this article

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