- Celestia, a modular blockchain network, launches its mainnet.
- The native token of Celestia, TIA, is listed on several major centralized exchanges.
- Celestia opens a 60 million TIA token airdrop.
Celestia launches its mainnet officially
Celestia, a modular blockchain network, has officially launched its mainnet. This milestone will set it apart in the crypto ecosystem by offering a modular architecture, meaning a flexible structure that facilitates the creation and deployment of new blockchains by developers.
In contrast to monolithic layer 1 blockchains like Ethereum or Solana, Celestia aims to simplify the lives of developers by allowing them to create new blockchains while preserving scalability and increased interoperability. The network also plans to release a maximum of one billion tokens during this launch.
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The TIA token makes its entry on exchanges
The native token of Celestia, known as TIA, will not lag behind. Several centralized exchanges, including KuCoin and Bybit, have recently officially listed the TIA token on their platforms. Trading is done with the USDT stablecoin.
Binance will also list the TIA token at 5 pm French time with a ‘Seed Tag’, indicating it is a highly anticipated young project that could cause significant volatility.
The TIA token is distributed as an airdrop
Celestia doesn’t stop there. The project has allocated 60 million tokens for an airdrop aimed at various ecosystem actors, such as ‘active’ users of certain Ethereum layer 2 solutions, stakers on Cosmos Hub and Osmosis, as well as crypto developers as a whole, with a snapshot taken on January 1, 2023.
The claim period for the airdrop has already ended, and the TIA tokens of the eligible users will appear directly in their wallets (often Keplr) after adding the Celestia network.
Note that this airdrop represents approximately 6% of the total token supply, which shows the project’s ambition to establish a solid presence in the ecosystem.
The launch of Celestia’s mainnet and the listing of the TIA token on multiple trading platforms mark an important milestone for the project. Now, we must observe how the TIA token’s price will fare in the upcoming weeks and months.