Celestia announces Airdrop plan, distribution of 60 million TIA Tokens

Celestia recently announced its airdrop plan, which will distribute a total of 60 million TIA tokens. This airdrop benefits 7,579 developers and 576,653 active on-chain addresses, but members and advisors of the Celestia Labs team are excluded. Eligible users must complete the claim by October 17.

Looking back at Celestia's previous financing history, both the scale and investors are top-level in the industry. In 2021, an investment firm invested $40 million in Celestia through a fund. In July and October 2022, Celestia received investments of $62.61 million and $55 million respectively, with the latter bringing its valuation to $1 billion.

Despite the substantial total of the airdrop, there has not been a large-scale "sheep shearing" frenzy in the community. Compared to other previous projects, Celestia places greater emphasis on fairness and genuine contribution when designing its airdrop rules.

Celestia Airdrop Details

Celestia will distribute 60 million TIA Tokens as follows:

• 20 million for research, public goods, and early modular ecosystems
• 20 million to early adopters of Ethereum rollups
• 20 million to stakers and IBC relayers on Cosmos Hub and Osmosis

Protocol public goods and infrastructure

4.6 million coins distributed to 3,838 eligible users, with each receiving at least 1,198 coins. Eligibility includes: contributors to public goods and infrastructure of the protocol, contributors to Celestia and dependent projects, EIP and BIP contributors.

Eth Research

1.4 million Tokens distributed to 1947 eligible users, with at least 719 Tokens per person. Eligibility requires creating at least 1 topic or 1 post on the Eth Research forum before the specified date.

Early Modular Ecosystem

8.35 million Tokens distributed to 3,371 eligible users, with each receiving at least 2,477 Tokens. This includes the first cohort of modular researchers, organizations participating in specific summits, projects within the ecosystem map, etc.

GitHub Super Contributor

• 1.65 million coins distributed to 1,604 contributors who have submitted at least 4 times, with each receiving at least 1,028 coins.
• 4 million tokens distributed to 1210 contributors who have at least 23 submissions, with each receiving at least 3305 tokens.

Ethereum rollups early adopters

20 million tokens are allocated to active users of rollups ranked in the top 10 by TVL with a balance of at least 50 USD. Based on activity, it is divided into three tiers:

• Top 10% active addresses: 7.15 million coins, 78,793 addresses, 90 coins per address
• Top 20% active addresses: 4.25 million coins, 60,186 addresses, 70 coins per address
• Top 50% active addresses: 8.6 million coins, over 170,000 addresses, 50 coins per address

Cosmos Hub and Osmosis stakers

18.5 million Tokens are allocated to users who stake at least 75 dollars, divided into three tiers:

• Top 10% active addresses: 3.25 million tokens, 29,630 addresses, 109 tokens per address
• Top 20% active addresses: 9.25 million tokens, over 110,000 addresses, 79 tokens per address.
• Top 50% active addresses: 6 million coins, over 110,000 addresses, 50 coins per address

IBC Relayer

1.5 million tokens distributed to 540 eligible addresses, 2777 tokens per address.

Celestia Economic Model

The total supply of TIA tokens is 1 billion, with an initial inflation rate of 8%, decreasing by 10% each year until it reaches 1.5%. TIA can be used for paying network fees, gas fees, POS staking, and decentralized governance.

Token distribution is as follows:

• 20% for the public community ( including Airdrop )
• 26.8% for R&D and ecosystem
• 19.7% to Series A and Series B investors
• 15.9% to seed round investors
• 17.6% for early core contributors

The initial circulation is 267 million tokens, with a circulating market value of approximately 270 million USD. The total market value is around 1.1 billion USD, situated between Cosmos and Polkadot.

Airdrop Trend Analysis

Airdrop is shifting from merely distributing coins to incentivizing genuine contributors and highly active users. Project teams are more inclined to design rules that allocate tokens to developers and real active users who contribute to the development of blockchain.

Future airdrops may consider more dimensions, such as cross-chain activity and governance participation. For developers, it is necessary to engage deeply in project development; ordinary users should continuously enhance account activity to increase their chances of receiving airdrops.

Overall, Celestia's recent airdrop reflects a new trend - incentivizing genuine contributors more while also considering highly active users to achieve marketing effects. This approach can attract core developers and also achieve better promotional outcomes.

![Detailed explanation of Celestia Airdrop and economic model, how will future project airdrop methods evolve?](https://img-cdn.gateio.im/webp-social/moments-61225f706a2de783348f9f1019271795.webp01