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Home»Blockchain»Avail, Blockchain Data Availability Project, Sketches Out Eligibility for Token Airdrop
Blockchain

Avail, Blockchain Data Availability Project, Sketches Out Eligibility for Token Airdrop

2024-04-12Updated:2024-04-14No Comments2 Mins Read
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Avail, a carefully watched blockchain data-availability challenge presently working on a take a look at community, is sketching out the eligibility standards for a token airdrop – a transfer that may comply with within the footsteps of the rival knowledge challenge Celestia, whose personal token has gained a market capitalization of greater than $1 billion.

A screenshot of a doc describing the eligibility standards for the airdrop was posted on the social-media platform X by the person @Bitcoineo, and Avail’s public-relations crew flagged the tweet to CoinDesk, describing it as a “leak.”

A challenge spokesperson mentioned that the Avail crew was not out there to make a press release on Friday.

The screenshot of the eligibility necessities means that customers of layer-2 rollups, like Arbitrum, Optimism, Polygon, zkSync and Starknet, in addition to ecosystem builders and Polygon PoS stakers, might obtain the AVAIL token.

Sandeep Nailwal, the co-founder of Polygon, additionally expressed pleasure concerning the airdrop for the Polygon neighborhood, in his personal publish on X.

Avail was once a part of Polygon, however was spun out in March 2023. Anurag Arjun, the founding father of Avail, was a co-founder of Polygon.

Avail’s airdrop comes as its rivals within the knowledge availability house are gaining momentum – a part of the pattern of “modular” blockchains, the place performance beforehand was solely out there on “monolithic” blockchains like Ethereum are actually being damaged out as separate plug-in modules.

Celestia, one other knowledge availability (DA) resolution, had its TIA airdrop in November 2023, and the token already has a circulating market capitalization of $1.8 billion.EigenLayer, with its personal in-house DA resolution EigenDA, went dwell earlier this week with the challenge on the Ethereum blockchain, although officers haven’t confirmed plans for a token.

See also  Blockchain applications in music explored in South Korean study

Learn extra: Avail, an Ethereum Information Community to Rival Celestia, Raises $27M In Seed Spherical

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Airdrop Avail Availability Blockchain Data eligibility Project Sketches Token
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