Binance Announces Listing of TIA Token Ahead of Celestia Mainnet Launch. 🚀
- On October 31, 2023, the Celestia blockchain's mainnet is set to launch.
- Binance, one of the largest cryptocurrency exchanges, has announced its support for the TIA token.
- Binance will list the TIA token at 16:00 UTC, while Kucoin and Bybit will offer trading at 14:00 UTC.
- On the decentralized exchange Helix, TIA-based futures are trading at around $3 with a daily trading volume nearing $140,000.
- The Celestia project plans to distribute 60 million tokens through a retrodrop to early users and developers.
- TIA will have a total supply of 1 billion coins and allows participation in network consensus confirmation, decentralized parameter management, and community pools.
- Celestia's mission is to enable anyone to launch their own blockchain quickly by paying for space with TIA.
- In October 2022, the project secured $55 million in funding with support from Bain Capital Crypto and Polychain Capital.
- Celestia Labs introduced Rollkit, a modular structure to support Bitcoin blockchain rollups.
About Celestia and TIA
Celestia is launching its mainnet, a modular blockchain that aims to provide accessible blockchain creation.
TIA is the native token of Celestia, which will play a crucial role in the network's consensus mechanism and decentralized governance.
