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

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Avail, a intently watched blockchain data-availability challenge at the moment working on a check community, is sketching out the eligibility standards for a token airdrop – a transfer that might observe within the footsteps of the rival information 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 consumer @Bitcoineo, and Avail’s public-relations workforce flagged the tweet to CoinDesk, describing it as a “leak.”

A challenge spokesperson stated 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 group, 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 opponents within the information availability house 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 information availability (DA) answer, 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 answer EigenDA, went reside earlier this week with the challenge 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

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