Avail, a carefully watched blockchain data-availability venture at present operating 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 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 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, may 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 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 development of “modular” blockchains, the place performance beforehand was solely obtainable on “monolithic” blockchains like Ethereum at the moment are 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 reside 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
