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

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

cryptovert April 13, 2024 2 min read

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.”

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.

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

Continue Reading

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