Celestia Airdrop Innovation, Focusing on Real Contributions and Active Users

Recently, the modular blockchain Celestia announced an airdrop plan totaling 60 million TIA tokens, covering 7,579 developers and 576,653 on-chain active addresses. This airdrop will end on October 17, 2023, at 20:00.

Looking back at Celestia's financing journey, both its scale and investors are at the forefront of the industry. In 2021, a cryptocurrency 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 later round valuing it at $1 billion.

Despite the substantial total amount of the Airdrop, there has not been a large-scale "fleece" frenzy in the community. This time, Celestia's Airdrop design places more emphasis on fairness and actual contributions. This article will delve into its distribution methods and economic model.

Airdrop Distribution Details

Celestia divides 60 million TIA tokens into three main categories:

1. 20 million for research, public goods, and early modular ecosystems
2. 20 million to early adopters of Ethereum rollups
3. 20 million to stakers on Cosmos Hub and Osmosis, as well as IBC relayers.

Research and Ecological Contributors

• Protocol public goods and infrastructure contributors: 4.6 million TIA, 3,838 eligible participants
• Eth Research Participants: 1.4 million TIA, 1947 eligible participants
• Early modular ecosystem contributors: 8.35 million TIA, 3,371 eligible individuals
• GitHub Super Contributor:
  • More than 4 submissions: 1.65 million TIA, 1,604 eligible participants
  • More than 23 submissions: 4 million TIA, 1210 eligible participants

Ethereum rollups early adopters

Based on the TVL ranking and user activity on L2Beat, allocate 20 million TIA:

• Top 10% active addresses: 7.15 million TIA, 78,793 addresses
• Top 20% active addresses: 4.25 million TIA, 60,186 addresses
• Top 50% active addresses: 8.6 million TIA, over 170,000 addresses

Cosmos ecosystem participants

• Cosmos Hub and Osmosis stakers: 18.5 million TIA
  • Top 10% active addresses: 3.25 million TIA, 29,630 addresses
  • Top 20% active addresses: 9.25 million TIA, over 110,000 addresses
  • Top 50% active addresses: 6 million TIA, over 110,000 addresses
• IBC Relay: 1.5 million TIA, 540 addresses

Overview of Economic Model

The total supply of TIA tokens is 1 billion, with an initial annual inflation rate of 8%, decreasing by 10% each year until it reaches 1.5%. The main uses of the tokens include paying network fees, Gas fees, POS staking, and decentralized governance.

Token distribution plan:

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

The initial circulation volume is approximately 267 million tokens, and the expected market capitalization at opening is between 270 million and 8.6 billion USD, likely positioned between Cosmos and Polkadot.

Airdrop Trend Analysis

As the method of airdrops continues to evolve, the relationship between project parties and users is gradually shifting to a counterparty model. In the future, airdrops may be more inclined to reward genuine technical contributors and highly active users, rather than simple "sprinkling coins" actions.

The Celestia airdrop reflects this trend, focusing on developer contributors and genuinely active users. The rewards for developers are significantly higher than for regular active addresses, demonstrating the project's emphasis on substantial contributions.

For ordinary users, maintaining address activity and diversifying participation are still the main ways to obtain Airdrops. For developers, deep involvement in project development and ecosystem building is more likely to yield substantial rewards.

![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