Taiko is a Layer-2 blockchain and zero-knowledge proof (ZK) roll-up on Ethereum that was developed as an open-source platform to convince the crypto community to contribute to the ongoing development of ZK-powered Ethereum Virtual Machine (EVM).
The network introduces products that are primarily designed for developers and builders in the Ethereum ecosystem, such as smart contract deployment, verifying a smart contract, running a Sepolia node, and enabling a Taiko node to be a proposer or a prover on Ethereum.
Taiko also offers basic token functionalities like buying, receiving tokens from a testnet, bridging, and swapping tokens.
What is the Taiko (TKO) Airdrop?
Last month, the project announced an airdrop for its community members ahead of the launch of its mainnet. Taiko is set to distribute 5% of TKO token’s 1 billion supply in what is being described as the “genesis airdrop”.
In terms of token allocation, 48.5% of the total supply is reserved for key stakeholders – 20% for Taiko Labs and core team, 16.88% for Taiko Foundation reserves, and 11.62% for investors.
The decentralized autonomous organization (DAO) in charge of the Taiko treasury will hold 20% of the TKO supply, while 5% is earmarked for Grants, another 5% for liquidity and market-making activities, and the remaining 10% for the Trailblazer airdrop, which is separate from the Genesis airdrop.
The TKO genesis airdrop will be available to claim on the Taiko Layer-2 chain once it goes live on Ethereum.
Who is Eligible for Taiko (TKO) Genesis Airdrop?
Eligibility for the Genesis airdrop extends to community members who have interacted with the Taiko testnet, block proposers and provers, contributors to Taiko’s GitHub repositories, and participants of the Initial Coin Offering (ICO) of Ethereum.
How to Claim Taiko (TKO) Airdrop?
Here is a step-by-step guide on how you can claim Taiko tokens from the Genesis airdrop:
1. Visit the Official Airdrop Page:
Keep a close eye on official announcements from Taiko, and project updates to be aware of any upcoming airdrop or mainnet launch events.
2. Check Eligibility
Before taking part in the airdrop, make sure that you meet the eligibility criteria, such as holding a minimum number of tokens or fulfilling specific tasks.
3. Follow All Instructions
Follow the instructions provided for participating in the Taiko airdrop. This includes connecting your wallet, confirming participation, and completing certain tasks.
You can visit the DappRadar website and navigate to the Airdrops section to look for information on Taiko’s genesis airdrop. Then connect your Ethereum wallet to the DappRadar platform.
Make sure that you note down any details and instructions related to ongoing or upcoming Taiko airdrops.
4. Hold Crypto Tokens
In order to be eligible for the airdrop, you must hold a certain amount of a specific cryptocurrency in your wallet. Due to its deep connection to the Ethereum blockchain, Taiko is asking participants to hold Ether (ETH) to be eligible for the TKO airdrop.
5. Confirm Participation
Confirm your participation in the Taiko airdrop through designated channels or from within your wallet interface.
6. Await Token Distribution
Once your participation is confirmed, patiently wait for the free TKO tokens to be distributed to your wallet.
Launch Date Of Taiko (TKO) Airdrop:
As the Taiko airdrop has been confirmed, savvy traders have been waiting for the launch. The airdrop will take place in 2024, but the exact date is yet to be confirmed. Stay tuned for the latest update on Taiko Airdrop!
Is Taiko (TKO) Airdrop Free?
Yes, you can own tokens for free. No need to spend a single rupee for tokens. Follow the given instructions to earn tokens. It’s that easy!
Conclusion
The steps provided in this article will help you successfully claim Taiko (TKO) tokens from the Genesis airdrop. Airdrops are a popular way for cryptocurrency projects to distribute their tokens to a wider audience and get the word out there about the blockchain.
Following these steps diligently is important to make sure that you are eligible to receive the tokens. Once launched, TKO can be used for trading on exchanges, cross-platform decentralized finance (DeFi) applications, participating in saving programs, as well as buying and selling NFTs on marketplaces.
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