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Avail, Blockchain Data Availability Project, Sketches Out Eligibility for Token Airdrop
A screenshot of a document describing the eligibility criteria for the airdrop was posted on the social-media platform X by the user @Bitcoineo, and Avail’s public-relations team flagged the tweet to CoinDesk, describing it as a "leak."
Updated Apr 12, 2024, 6:26 p.m. Published Apr 12, 2024, 6:24 p.m.
Avail, a closely watched blockchain data-availability project currently running on a test network, is sketching out the eligibility criteria for a token airdrop – a move that would follow in the footsteps of the rival data project Celestia, whose own token has gained a market capitalization of more than $1 billion.
A screenshot of a document describing the eligibility criteria for the airdrop was posted on the social-media platform X by the user @Bitcoineo, and Avail’s public-relations team flagged the tweet to CoinDesk, describing it as a "leak."
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It looks like @AvailProject airdrop criteria leaked.
— Bitcoineo 🪂 (@Bitcoineo) April 11, 2024
If true:
1. Fair categories.
2. Devs eating well (which is normal since they're the main DAS customers).
3. Users aren't completely left behind, $AVAIL launch should be bullish on CT timeline.
4. Stake $MATIC for airdrops… pic.twitter.com/ULRcU7n91r
A project spokesperson said that the Avail team was not available to make a statement on Friday.
The screenshot of the eligibility requirements suggests that users of layer-2 rollups, like Arbitrum, Optimism, Polygon, zkSync and Starknet, as well as ecosystem developers and Polygon PoS stakers, could receive the AVAIL token.
Sandeep Nailwal, the co-founder of Polygon, also expressed excitement about the airdrop for the Polygon community, in his own post on X.
Oooh, looks like a massive airdrop is upon @0xPolygon community. https://t.co/KhdvFM8XNN
— Sandeep AggLayer. polygon 💜 (@sandeepnailwal) April 12, 2024
Avail used to be part of Polygon, but was spun out in March 2023. Anurag Arjun, the founder of Avail, was a co-founder of Polygon.
Avail’s airdrop comes as its competitors in the data availability space are gaining momentum – part of the trend of "modular" blockchains, where functionality previously was only available on "monolithic" blockchains like Ethereum are now being broken out as separate plug-in modules.
Celestia, another data availability (DA) solution, had its TIA airdrop in November 2023, and the token already has a circulating market capitalization of $1.8 billion.EigenLayer, with its own in-house DA solution EigenDA, went live earlier this week with the project on the Ethereum blockchain, though officials have not confirmed plans for a token.
Read more:Avail, an Ethereum Data Network to Rival Celestia, Raises $27M In Seed Round
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