Avail, the much-hyped blockchain data availability project currently running on a test network, is working on eligibility criteria for token airdrops – a move that would follow in the footsteps of rival data project Celestia, whose own tokens have garnered a market capitalization of more than $1 billion.
Avail’s PR team flagged the tweet to CoinDesk as a “leak” after user @Bitcoineo posted a screenshot of a document describing the eligibility criteria for the airdrop on social media platform X. A spokesperson for the project said that Avail is working on a token airdrop eligibility criteria, following the lead of rival data project Celestia, whose own tokens have garnered more than $1 billion in market capitalization.
A program spokesperson said the Avail team was unable to issue a statement Friday.
Screenshots of the eligibility requirements show that users of Tier 2 volumes, such as Arbitrum, Optimism, Polygon, zkSync and Starknet, as well as ecosystem developers and Polygon PoS stakeholders, can receive AVAIL tokens.
Polygon’s co-founder, Sandeep Nailwal, also expressed his excitement about the Polygon community airdrop in his own post about X.
Avail used to be a part of Polygon but was spun off in March 2023.Avail’s founder Anurag Arjun is a co-founder of Polygon.
Avail’s airdrop comes at a time when its competitors in the data availability space are gaining momentum – part of a trend toward “modular” blockchains, which were previously only available on “monolithic” blockchains like Ether. Functionality that was previously only available on “monolithic” blockchains like Ether is now being broken down into individual plug-in modules.
Another data availability (DA) solution, Celestia, had a TIA airdrop in November 2023, and the token has already reached a market capitalization of $1.8 billion in circulation. Earlier this week, EigenLayer, which has its own in-house data processing solution, EigenDA, launched the project on the Ether blockchain, although no official confirmation of the token program has been made.
