What is TIA

Learned by 2.8k usersPublished on 2024.03.29Last updated on 2025.01.26

1.65

+0.91%

  • Last Price1.65
  • Turnover (24h)5.15M
  • All-Time High20.85
  • Total Supply1.12B
  • Fully Diluted Market Cap1.87B
  • Ranking87
  • Market Cap1.11B
  • All-Time Low1.6
  • Circulating Supply676.07M

Note: The project description is sourced from official materials provided by the project team. However, it is important to note that these materials may be outdated, contain errors, or omit certain details. The provided content is for reference purposes only and should not be considered investment advice. HTX does not assume any liability for any direct or indirect losses incurred as a result of relying on this information.

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1. Project Introduction
Celestia is a modular blockchain project focused on data availability. Its foundational layer comprises consensus and data availability, often referred to as the DA layer by the team. Modular blockchains represent a new paradigm in blockchain design, where each layer is optimized for specific tasks rather than performing all functions within a single blockchain. This specialization enables breakthroughs in scalability, flexibility, and interoperability, allowing developers to build blockchain applications for mass adoption. Celestia's mainnet launched on October 31, 2023.
Summary: Celestia can scale securely with the number of users, and its mission is to make it easy for anyone to launch their own blockchain.
2. Team & Investment Info
Mustafa Al-Bassam: Co-founder, previously co-founded Chainspace (acquired by Facebook), X account: @musalbas
John Adler: Co-founder and Chief Research Officer, former co-founder and CTO of Fuel, X account: @jadler0
Ismail Khoffi: Co-founder and CTO, former senior engineer at Tendermint and Interchain Foundation
Funding: In October 2022, Celestia raised $55 million in a round co-led by Bain Capital Crypto and Polychain Capital, with participation from Placeholder, Galaxy, Delphi Digital, Blockchain Capital, NFX, Protocol Labs, Figment, Maven 11, Spartan Group, FTX Ventures, Jump Crypto, A&T Capital, CFG Labs, and angel investors such as Balaji Srinivasan, Eric Wall, and Jutta Steiner.
3. Social Media URLs
X: https://x.com/CelestiaOrg
Telegram: https://t.me/CelestiaCommunity
Discord: https://discord.com/invite/YsnTPcSfWQ
4. Token Info
Token Symbol: TIA
Total Supply: 1,000,000,000
Token Type: Celestia
Issuance/Burn Mechanism: Inflation Model
Contract Address: https://celestiascan.com/
Token Distribution:
Genesis airdrop: 7.4%
Community rewards: 12.6%
R&D and ecosystem fund: 26.8%
Early investors: 35.6%
Team: 17.6%
5. Related Links
Official Website: https://celestia.org/
LinkedIn: https://www.linkedin.com/company/celestiaorg/
DOCS: https://docs.celestia.org/
Other Info: https://www.rootdata.com/Projects/detail/Celestia?k=MTk4NA%3D%3D

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