Avail Web3 Infrastructure Announces 600M AVAIL Token Airdrop

Avail, a new blockchain project that can be easily expanded with modules, makes an announcement: They’re giving away 600 million AVAIL tokens in the form of an airdrop to their user base. Users can now claim these tokens through the Avail Claims Portal, which is up and running.

“The ‘Unification Drop’ project aims to bring together various blockchain communities, acknowledging and compensating key contributors such as developers, stakers, and educators. Avail, established in 2020, is made up of three main sectors: Nexus, Fusion, and DA.”

The Unification Drop from Avail is now available. (This is the only link endorsed by Avail for accessing the Unification Drop.)

— Avail (@AvailProject) April 18, 2024

Using DA (Decentralized Storage), we can enhance the foundational transactions by employing scaling methods such as KZG commitments and data availability sampling. This enables nodes to validate transactions without having to download the entire block data, while KZG commitments ensure data security without disclosing confidential information.

With Avail Nexus, you can exchange assets across different blockchains through a bridge. Meanwhile, Avail Fusion facilitates staking for Ethereum and Bitcoin with liquidity. AVAIL tokens are essential for utilizing Avail DA services, participating in staking processes, and making governance decisions.

At the mainnet launch, tokens will be distributed to 354,605 wallets as a reward for their dedication to our ecosystem. The total supply consists of 600 million tokens. Among these, 90 million are allocated for developers who contribute to our ecosystem, 49.5 million are set aside for users who tested the network, and 380 million will go to those using rollups. Additionally, 70 million tokens have been reserved for Polygon stakers, while 10.5 million tokens are intended for community supporters.

In the airdrop, you’ll find Bitcoin, Ethereum, Solana, Cosmos, Avalanche, Near, and other cryptocurrencies, each bringing distinct advantages to the blockchain community.

The distribution of Avail tokens for the airdrop is extensive, signifying a deliberate effort to promote inclusivity and foster community development within the realm of blockchain technology.

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2024-04-19 10:19