Blockchain Data-Availability Protocol Availa Announces 600M Token Airdrop

AVAIL, a Web3 infrastructure layer built using Polygon's software development kit, will release 600 million of its native AVAIL tokens to users.

“Integration Drop is an unifying force that brings together diverse communities, rewarding developers, management contributors, technical educators, package users, stakeholders and other valuable contributions from multiple blockchain communities,” Avail said in a statement on April 18.

Founded in 2020, Avail consists of three divisions: Nexus, Fusion and DA. Avail DA further improves base-layer transactions by extending bundles with methods such as KZG commitment and data availability sampling.

Data availability allows nodes to confirm synchronized transactions without having to download all data for a block. Meanwhile, KZG commits, common in zero-knowledge protocols, allow for verification of underlying data without revealing private information.

At the same time, Avail Nexus provides a cross-chain bridge for users to exchange or exchange assets on multiple blockchains. Finally, AvailFusion allows for asset inventory on Ethereum, Bitcoin, and more.

According to the developers, AVAIL is used to “access Avail DA services, secure the unified layer by staking, and participate in management.” Tokens are downloaded based on the user's total time, depth, and commitment to the ecosystem. A total of 354,605 ​​wallet addresses will receive the over-the-air AVAIL token when the mainnet launches.

Of the 600 million token airdrop supply, 90 million went to blockchain ecosystem developers, 49.5 million to testnet users, 380 million to users on various blockchains such as Arbitrum One, 70 million to Polygon Stakers, and 10.5 million to community contributors.

The airdrop is not limited to users of the Avail or Polygon ecosystem. “It requires Web 3 integration to happen at a very basic level,” Avail wrote. “This [airdrop] Bitcoin, Ethereum, Solana, Cosmos, Avalanche, Near and others have each made unique contributions to the blockchain ecosystem.

Much of the Polygon community spoke highly of the air drop. Commenting on the news, Polygon co-founder Sandeep Nailwal commented, “Ooh, looks like there's a big air drop in the @0xPolygon community.”

Avail was spun off from Polygon Labs in 2011. It is on March 16, 2023. At the time, developers explained that the move was due to Polygon shifting its focus to more Ethereum-native data availability efforts. “As an independent layer, Polygon Labs is best positioned to play a leadership role in bringing modular blockchain architecture to market and enabling any Web3 project to scale,” Polygon Labs said in a statement.

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