{"id":163376,"date":"2023-09-27T02:44:37","date_gmt":"2023-09-26T21:14:37","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=163376"},"modified":"2023-09-27T02:44:37","modified_gmt":"2023-09-26T21:14:37","slug":"celestia-unveils-airdrop-and-launch-plans-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/celestia-unveils-airdrop-and-launch-plans-crypto-news\/","title":{"rendered":"Celestia Unveils Airdrop and Launch Plans &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<p>Eligible Users Of Leading Layer 2s and Cosmos Can Claim TIA Tokens From Modular Blockchain Project<\/p>\n<div>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/modular-blockchains-celestia\">Celestia<\/a>, a project working on data availability, a technical term which entails ensuring that a blockchain\u2019s data is widely accessible, plans to launch before the end of the year.<\/p>\n<p>As part of the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/blog.celestia.org\/genesis-drop\/\">launch<\/a>, Celestia will deploy the TIA token, which will be used to pay for data availability services. TIA will also be used for governance and to establish consensus in the project\u2019s proof-of-stake blockchain \u2014 Celestia is using the Cosmos SDK, a leading framework for developing application-specific blockchains, to deploy its own solution.<\/p>\n<p>TIA\u2019s launch will include an airdrop of 6% of the token\u2019s 1B supply \u2014 eligible users include\u00a0those who contributed to public goods and other research efforts associated with Celestia, early adopters of Ethereum rollups like Arbitrum and Optimism, and stakers in the Cosmos ecosystem.<\/p>\n<p>Eligible users can <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/genesis.celestia.org\/\">claim TIA<\/a> testnet tokens for the next three weeks.<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/genesis.celestia.org\/\" class=\"no-underline\"><\/p>\n<figure><figcaption class=\"text-center text-xs\">TIA Airdrop Page<\/figcaption><\/figure>\n<p><\/a><\/p>\n<p>Celestia is part of a growing trend in crypto to modularize blockchains \u2014 this means that instead of one solution being responsible for many different functions like executing and settling transactions, solutions like Celestia unbundle different aspects of the blockchain stack.<\/p>\n<p>The modular model has its critics \u2014 Kyle Samani, partner at venture firm Multicoin Capital, which <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/multicoin.capital\/2022\/07\/12\/announcing-venture-fund-iii\/\">raised<\/a> $422M in 2022, has <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/multicoin.capital\/2023\/08\/15\/the-hidden-costs-of-modular-systems\/\">argued<\/a> that modular architecture adds too much complexity for developers.<\/p>\n<p>In 2022, Celestia <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/blog.celestia.org\/celestia-raises-55m-to-launch-modular-blockchain-network\/\">raised<\/a> $55M from major crypto venture outfits like Polychain and Bain Capital. Notably, the TIA airdrop is not available in the United States, according to Celestia\u2019s <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/genesis.celestia.org\/not-available\/\">website<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Eligible Users Of Leading Layer 2s and Cosmos Can Claim TIA Tokens From Modular Blockchain Project Celestia, a project working on data availability, a technical term which entails ensuring that a blockchain\u2019s data is widely accessible, plans to launch before the end of the year. As part of the launch, Celestia will deploy the TIA [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":163377,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-163376","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/163376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=163376"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/163376\/revisions"}],"predecessor-version":[{"id":163378,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/163376\/revisions\/163378"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/163377"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=163376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=163376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=163376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}