News

Taiko TKO Token Will Be Launched With 5% Allocation For Airdrop

Key Points:

  • Taiko launched an airdrop after securing $15 million in funding, allocating 5% of TKO tokens to community members.
  • Users can check eligibility and claim Taiko TKO tokens within specified periods, supported by the new Trailblazers program for weekly point earning.
Taiko, a new Ethereum Layer-2 solution, has just officially launched an airdrop after receiving an additional $15 million in funding back in March.
Taiko TKO Token Will Be Launched With 5% Allocation For Airdrop 2

Read More: Taiko Review: Potential zkEVM Solution With High Compatibility

Eligibility And Claim Periods Announced For Taiko TKO Token Airdrop

Taiko TKO token airdrop was announced on May 22, marking the completion of two years of work in the zkEVM Taiko framework.

A total of 5% of its total supply of the Taiko TKO token will be used for the inaugural season airdrop. The categories involved include Taiko Proposer, Prover, and Bridger, while general users who have collected points via Galxe, programmers, GitHub contributors, and the Loopring community will also be eligible for the airdrop. Users can check their eligibility via claim.taiko.xyz. There will be 7 days to check eligibility, followed by a one-month window to collect the tokens.

In addition to the airdrop, Taiko has just launched the Trailblazers program. This is a campaign inviting users to complete tasks for earning points weekly, both before and after the mainnet launch.

Taiko is positioning itself as a decentralized, scalable Layer-2 solution for Ethereum, using ZK-Rollup to provide scalability in a very efficient way. It supports a large set of ZK-EVM opcodes in a framework that is decentralized, permissionless, and secure.

Taiko’s ZK-Rollup Technology Garners Praise and Secures Total Funding of $37 Million

Unlike other Layer-2 solutions that typically have their own proprietary sequencer networks for the rollup, Taiko delegates the authentication infrastructure to the Ethereum authentication infrastructure to manage transactions and blocks. This makes it the most secure and censorship-resistant solution.

Two months ago, the latest funding round for Taiko brought the total external capital to $37 million since inception. Ethereum co-founder Vitalik Buterin has praised Taiko for doing “fascinating work”. As a Type-1 ZK-EVM, Taiko targets the goal of perfect compatibility with Ethereum’s EVM above all else—even if it means it generates the ZK-proofs slowly.

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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