Taiko, a second-level solution project for scaling Ethereum, announced the distribution of tokens to community members and the imminent launch of the mainnet.
Dear community,
The moment that you've been waiting for has arrived: The Taiko token airdrop is here! 🪂
Check your airdrop eligibility: https://t.co/rI3yTSxvxf.
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The team allocated 5% of the total offer of 1 billion TKO to Genesis Airdrop. You can check the allocation by following the link.
Community members who have interacted with the Taiko test network, including validators and verifiers (provers), GitHub contributors, and members of the Loopring ecosystem, have the right to receive coins. The possibility of branding will open with the launch of the mainnet.
Phase 1 of our airdrop season offers a substantial 5% of the initial TKO token supply for claiming.
Check your eligibility now if you are a Taiko proposer, prover, bridgooor, user (Galxe points included), developer, GitHub contributor, or a @loopringorg community member.
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TKO distribution structure:
48.5% — key stakeholders;20% — Taiko Labs and the core development team;16.88% — Taiko Foundation reserves;11.62% are investors.Data: Taiko.The DAO Treasury will hold 20% of the coins. The team also allocated 5% of the offer to grants and RetroPGF. Another 5% will be directed to marketmaking and 10% to Trailblazer airdrop.
The launch of the mainnet is expected "in the near future." The network is a roll-up and zkEVM of the first type (equivalent to Ethereum).
Taiko Labs has raised $37 million following two funding rounds involving Sequoia China, OKX Ventures, Generative Ventures and other investors.
Recall that in January, the project launched the final Katla test network (Alpha-6).