Avail, Blockchain Data Availability Project, Sketches Out Eligibility for Token Airdrop
Avail, a intently watched blockchain data-availability venture at present operating on a check community, is sketching out the eligibility standards for a token airdrop – a transfer that might comply with within the footsteps of the rival knowledge venture 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 workforce flagged the tweet to CoinDesk, describing it as a “leak.”
A venture spokesperson mentioned that the Avail workforce was not obtainable to make an announcement 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 in regards to the airdrop for the Polygon neighborhood, in his personal submit 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 opponents within the knowledge availability area are gaining momentum – a part of the pattern of “modular” blockchains, the place performance beforehand was solely obtainable 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 stay earlier this week with the venture on the Ethereum blockchain, although officers haven’t confirmed plans for a token.
Learn extra: Avail, an Ethereum Information Community to Rival Celestia, Raises $27M In Seed Spherical
