Celestia Announces Airdrop of 60 Million TIA Tokens

After a relatively quiet period, Celestia has unexpectedly announced an airdrop of TIA tokens for developers and early contributors.

Celestia Announces Airdrop of 60 Million TIA Tokens

In an announcement on the evening of September 26, approximately 7,579 developers and 576,653 on-chain wallet addresses are eligible to receive Celestia's airdrop. Celestia, a pioneering project in modular blockchain development, has allocated 6% of its total token supply, equivalent to 60 million TIA tokens, for this Genesis airdrop. The claim period is effective until 07:00 PM on October 17, 2023 (Vietnam time).

Specifically, the distribution of airdropped tokens is as follows:

• 20 million TIA tokens for 7,579 developers and researchers, including those contributing to Public Goods and the core infrastructure like Eth Research, focusing on discussions around ideas related to LazyLedger. The Genesis Drop also rewards contributors to the initial module ecosystem, including contributors to other modular DA layers such as Avail, EigenLayer, and Solana.
• 20 million TIA tokens allocated to 576,653 on-chain wallet addresses representing the most active users of Ethereum rollups. Key layer-2 solutions include OP Mainnet, Arbitrum One, Arbitrum Nova, Starknet, zkSync Lite, dYdX (StarkEx), Immutable (StarkEx), SoRare (StarkEx), Loopring, and Metis Andromeda.
• 20 million TIA tokens for stakers and IBC relayers of Cosmos Hub and Osmosis.

The project conducted a snapshot on January 1, 2023.

TIA tokens serve various purposes such as fee payment for blobspace, launching new rollups, staking, and network governance. To check eligibility for the airdrop, users can visit genesis.celestia.org and refer to details at https://blog.celestia.org/genesis-drop/. After connecting their wallet and verifying the amount of the airdrop, TIA tokens will be transferred to users' wallets upon the mainnet deployment.

Founded in 2019, Celestia opted to build a "Modular" blockchain architecture aimed at addressing challenges in deployment and scaling blockchain networks. Celestia separates execution from consensus. As of October 2022, the project was valued at $1 billion following a $55 million funding round led by Bain Capital Crypto and Polychain Capital.

Celestia's Architecture

Celestia Ecosystem as of July 2023

Additionally, Celestia has been noted for blocking users from the United States and those using VPNs to mitigate legal risks with U.S. authorities.