HomeBlockchainBlockchain Data Availability Project, Avail, Outlines Token Airdrop Eligibility Criteria

Blockchain Data Availability Project, Avail, Outlines Token Airdrop Eligibility Criteria

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Avail Project Sketches Out Eligibility Criteria for Token Airdrop Following Celestia’s Success

Avail, a blockchain data-availability project, is gearing up for a token airdrop following in the footsteps of its rival Celestia, whose token has already reached a market capitalization of over $1 billion. The eligibility criteria for the airdrop were leaked on social media platform X, sparking excitement among users and ecosystem developers.

The leaked document suggests that users of layer-2 rollups like Arbitrum, Optimism, Polygon, zkSync, and Starknet, as well as ecosystem developers and Polygon PoS stakers, could potentially receive the AVAIL token. Sandeep Nailwal, co-founder of Polygon, expressed enthusiasm for the airdrop in a post on X, highlighting the potential benefits for the Polygon community.

Avail, which was spun out from Polygon in March 2023, is making waves in the data availability space alongside competitors like Celestia and EigenLayer. These projects are part of the growing trend of “modular” blockchains, where functionalities are being separated into plug-in modules.

Celestia recently had its TIA airdrop, which has already garnered a circulating market capitalization of $1.8 billion. EigenLayer, with its EigenDA solution, launched on the Ethereum blockchain this week, although plans for a token have not been confirmed.

As Avail prepares for its token airdrop, the blockchain community is eagerly anticipating the potential impact on the ecosystem and the broader data availability space. Stay tuned for updates on this developing story.

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