{"id":21112,"date":"2024-05-23T12:00:47","date_gmt":"2024-05-23T09:00:47","guid":{"rendered":"https:\/\/coinengineer.io\/?p=21112"},"modified":"2024-05-23T10:51:16","modified_gmt":"2024-05-23T07:51:16","slug":"taiko-announces-genesis-airdrop-ahead-of-mainnet-launch","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/taiko-announces-genesis-airdrop-ahead-of-mainnet-launch\/","title":{"rendered":"Taiko Announces Genesis Airdrop Ahead of Mainnet Launch"},"content":{"rendered":"<p><strong>Taiko<\/strong>, a Layer 2 rollup project working on Ethereum, recently revealed an interesting airdrop that will be held in preparation for the mainnet release. This \u201cgenesis airdrop\u201d will grant stakeholders 5% of Taiko\u2019s total token supply of 1 billion tokens. To be eligible for this airdrop, a participant must have used the Taiko testnet, block proposers and provers, contributors to certain GitHub repositories and Ethereum ICO.<\/p>\n<p>Speaking to Forbes, Daniel Wang, the co-founder, and CEO of Taiko Labs, highlighted the project\u2019s aim of being as fair as possible when issuing tokens. <strong>\u201cOur aim is to be fair and equal but it is impossible to make everyone happy. Congratulations to those who got the TKO, and sorry to those who did not\u201d<\/strong> Wang said. The airdrop will be claimed once Taiko\u2019s Layer 2 mainnet is launched and this is anticipated to happen soon after going through development and testing phases.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/taiko-announces-genesis-airdrop-ahead-of-mainnet-launch\/#Token_Allocation_and_Stakeholders\" title=\"Token Allocation and Stakeholders\">Token Allocation and Stakeholders<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/taiko-announces-genesis-airdrop-ahead-of-mainnet-launch\/#Funding_and_Development_Milestones\" title=\"Funding and Development Milestones\">Funding and Development Milestones<\/a><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"Token_Allocation_and_Stakeholders\"><\/span>Token Allocation and Stakeholders<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>To ensure the long-term viability of the project, the distribution of <strong>Taiko<\/strong> tokens is carefully considered. An impressive 48.5% of the entire supply is set aside for important stakeholders. The core team and Taiko Labs will receive 20% of the total, the Taiko Foundation will receive 16.88%, and investors will receive 11.62%. Furthermore, 20% of the tokens will be held by the DAO Treasury.<\/p>\n<p>Additional allocations include 5% for Grants and RetroPGF, another 5% for liquidity and market making, and 10% for the Trailblazer airdrop, which is separate from the genesis airdrop. The detailed and transparent distribution strategy reflects Taiko&#8217;s dedication to fostering a robust and supportive ecosystem.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Funding_and_Development_Milestones\"><\/span>Funding and Development Milestones<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><a href=\"https:\/\/coinengineer.net\/blog\/taiko-announces-15-million-dollar-series-a-investment-round\/\">Taiko<\/a> Labs has gained significant capital to support its progressive strategies, achieving <strong>$22 million<\/strong> in two funding rounds. The first funding was raised in 2022, in the form of a $10 million seed round, backed by Sequoia China. Another funding round was a $12 million pre-Series A round in 2023 led by Generative Ventures.<\/p>\n<p>The new mainnet update is set to occur after a development period spanning several years and six testnets. Taiko\u2019s network plans to be an Ethereum equivalent ZK-EVM (Type-1), which means it has to be fully compatible with the Ethereum mainnet.<\/p>\n<p>These strategic developments and the community-focused initiatives mentioned above indicate that Taiko has what it takes to make a big difference in the blockchain industry. The genesis airdrop is an important way to incentivize its early adopters as the project progresses towards its next stage.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Taiko, a Layer 2 rollup project working on Ethereum, recently revealed an interesting airdrop that will be held in preparation for the mainnet release. This \u201cgenesis airdrop\u201d will grant stakeholders 5% of Taiko\u2019s total token supply of 1 billion tokens. To be eligible for this airdrop, a participant must have used the Taiko testnet, block<\/p>\n","protected":false},"author":6,"featured_media":21114,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,9,1],"tags":[64,3683],"class_list":["post-21112","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin-projects","category-crypto-news","category-genel","tag-airdrop","tag-taiko"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Taiko Announces Genesis Airdrop Ahead of Mainnet Launch<\/title>\n<meta name=\"description\" content=\"Taiko, an Ethereum Layer 2 rollup project, plans a genesis airdrop distributing 5% of its 1 billion token supply ahead of its mainnet launch, rewarding early community members.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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