Author: CryptoDoctor, crypto KOL; Translation: Golden Finance 0xxz
The Celestia Genesis Airdrop will end within 48 hours. If you are eligible for the TIA airdrop, you must be wondering at what price you should sell to get the maximum profit.
This article mainly draws conclusions by comparing the market value and FDV of TIA with other L1/L2 projects.
Introduction to Celestia
Celestia is the first modular blockchain network that focuses on building a scalable data availability layer to upgrade from a single blockchain chain to a scalable modular blockchain architecture.
Celesia scales by decoupling execution from consensus and introducing new samples of raw data availability. This allows every developer to deploy their own blockchain as easily as deploying a new smart contract.
TIA details
Before diving into the details of TIA. Don’t forget to check your Celestia genesis airdrop eligibility first, and then claim the airdrop at this address (https://genesis.celestia.org) after 12:00 UTC on October 17, 2023.
TIA Token Economics
TIA supply is 1 billion pieces
26.8% allocated to Celestia Foundation and core members
20% for public distribution
17.6% allocated to initial core contributors
15.9% allocated to seed investors
19.7% allocated to early Series A and B investors
TIA 通胀率从 8% 开始，每年递减 10%，直至达到 1.5% 的长期发行率
TIA has four roles in the Celestia network
1. Pay blobspace
To achieve Data Availability (DA) with Celestia, Rollup developers submit PayForBlobs (PFB) transactions on the network, paying a fee in the form of TIA.
2. Start new rollups
Similar to ETH, developers can choose TIA as the gas token and currency to quickly launch their own chains.
3、PoS
As with the rest of the Cosmos network, any user can delegate their TIA to a Celestia validator to receive a portion of the validator’s staking rewards, helping to secure the network
4. Governance and voting
Users can stake TIA to propose governance motions and vote
Comparison with other L1 and L2 project market capitalization and FDV
Celestia is a blockchain network, so my comparison will focus on Layer 1 and Layer 2 solutions, and I will compare them in two dimensions: Market Cap and Fully Diluted Value (FDV)
Market capitalization:
If TIA’s market cap = Solana SOL’s market cap → TIA = 32.2
If TIA market cap = Polygon Matic’s market cap → TIA = 18.48
If TIA market cap = Aptos APT market cap → TIA = 4.82
If TIA market cap = Arbitrum ARB market cap → TIA = 4.35
If market cap TIA = Market cap of Optimism OP → TIA = 3.96
VAT：
If TIA’s FDV = Solana SOL → TIA = 11.63
If TIA’s FDV = Polygon Matic → TIA = 5.32
If TIA’s FDV = Aptos APT → TIA = 5.72
If TIA’s FDV = Arbitrum ARB → TIA = 9.09
If FDV of TIA = Optimism OP → TIA = 5.68
in conclusion
After comparing with some other major networks, $4-6 is the ideal price for TIA
Above $6 I will sell my TIA airdrop, below $2 I will buy waiting for the next bull run.
