Celestia, the first modular network in the blockchain ecosystem, announced its airdrop on September 26th, delighting many airdrop hunters. Let’s take a closer look at the airdrop criteria and what the future holds for the Layer-1 network.
Celestia Airdrop Creates Buzz
According to the official announcement on their website, Celestia revealed that a total of 7,579 developers and 576,653 users meet the airdrop criteria. The airdrop will distribute a total of 60 million TIA tokens, with 6% of the token supply allocated for the airdrop. The distribution was based on four main criteria, with two criteria for developers and the other two for Ethereum network users, Cosmos network users, and Osmosis network users.
6 million TIA tokens were allocated for wallets that meet the research and development criteria, with 4.6 million tokens specifically designated for the Cosmos network. Early adopters in the Celestia ecosystem received 8.5 million TIA tokens. Users active on the testnet were also rewarded by the team.
The team behind Celestia, which encompasses the Ethereum ecosystem with Layer-2 networks, set aside 20 million TIA tokens for early users. Users will receive tokens based on the number of transactions they perform on Optimism, Arbitrum, Starknet, and zkSync, as well as the transaction dates. Furthermore, regular users of prominent platforms in the ecosystem, such as dYdX, Immutable, and SoRare, were not forgotten in this airdrop event.
Users who stake tokens in the Cosmos and Osmosis ecosystems will also be rewarded with 20 million TIA tokens. Users will be able to benefit from the event based on criteria such as stake score, number of transactions, total asset value in USD, and wallet age.
What are the Airdrop Details?
The claim activity, which will last until October 17th, will end on that date. Following the airdrop announcement, Celestia shared a control panel for users on their official website, but there have been discussions on social media about Ethereum network users encountering errors due to a system glitch. The team will undoubtedly release a statement regarding this issue in the future.
Although there have been numerous comments about the token price, it is evident that airdrop events are not as profitable as they used to be. The team’s decision to set January 2023 as the snapshot date for the Ethereum network has also been subject to criticism. According to many analysts, the event, which will benefit almost 584,000 wallets, will not be lucrative.
