The Celestia project, which uses the TIA token, is a pioneering blockchain protocol focused on providing modular and scalable infrastructure. The TIA token serves multiple functions: it is used for staking to ensure network security, participating in governance decisions, and facilitating data availability and validation. This token is integral to Celestia's unique "Blobspace" concept, which ensures data accessibility across the network by requiring TIA for transaction fees and rewards [oai_citation:1,Celestia’s TIA Token Pops 22% as Staking, ‘Modular’ Narrative Gains Favor](https://www.coindesk.com/markets/2024/01/05/celestias-tia-token-pops-22-as-staking-modular-narrative-gains-favor/) [oai_citation:2,Celestia (TIA): Ratings & Details | CryptoTotem](https://cryptototem.com/celestia/) [oai_citation:3,What Is Celestia? All About TIA Token](https://crypto.com/university/what-is-celestia-all-about-tia-token).
Celestia aims to simplify blockchain deployment, allowing developers to launch their own blockchains using TIA as the native token for paying gas fees, thus eliminating the immediate need to create a new token. The protocol uses a Proof of Stake consensus mechanism, where TIA holders can delegate tokens to validators for staking rewards. Additionally, TIA holders play a significant role in decentralized governance by voting on network parameters and managing the community pool [oai_citation:4,Celestia’s TIA Token Pops 22% as Staking, ‘Modular’ Narrative Gains Favor](https://www.coindesk.com/markets/2024/01/05/celestias-tia-token-pops-22-as-staking-modular-narrative-gains-favor/) [oai_citation:5,What Is Celestia? All About TIA Token](https://crypto.com/university/what-is-celestia-all-about-tia-token).
