Celestia (TIA)

IEO

Last updated: Feb 27, 2024

Celestia is the first modular blockchain network. By decoupling consensus from execution, Celestia enables anyone to easily deploy their own blockchain, without the overhead of bootstrapping a new consensus network.

Strategic Seed Fundraise: $1.5 Million

Series A and B round: $55 Million

Mamaki Testnet: https://docs.celestia.org/nodes/mamaki-testnet

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Overview

Project industry	Blockchain Infrastructure / Web 3.0 / Node
Project launchpad	ByBit Launchpad
Product type	Technology
Whitepaper	Open

Bounty

What is Celestia

Celestia is a unique layer 1 blockchain whose only job is to order transactions and verify that the published data is available. This allows specialized blockchains for hosting applications to deploy on top of it. By taking this approach, Celestia achieves properties of scalability, flexibility and interoperability unmatched by previous blockchain designs.

Celestia is building a modular consensus and data network so that anyone can easily deploy their own blockchain with minimal overhead. Celestia’s new modular blockchain architecture is made to supercharge the scale and rate of Web3 innovation in the next decade.

Celestia introduces modular blockchain architecture to solve the challenge of deploying and scaling blockchains. These specialized chains are less constrained and break the rigidity of monolithic chains into flexible components, promising greater scale, security, and decentralization.

Details

IEO (Bybit Launchpool): Oct 31, 2023 - Oct 31, 2023
Token supply: 1,000,000,000 TIA
Raised: 56,500,000 USD

Legal

Registration country: Liechtenstein
Registration year: 2019

Office address: Pradafant 11, 9490 Vaduz, Liechtenstein

Token info

Ticker: TIA
Token distribution:
Genesis Drop & Incentivized Testnet - 7.4%
Future Initiatives - 12.6%
R&D Ecosystem - 22.6%
Initial Core Contributors - 17.6%
Early Backers: Seed - 15.9%
Early Backers: Series A&B - 19.7%