Celestia is the star of the modular network at the end of 2023, after the airdrop and strike, TIA has become a good way to receive airdrops. Celestia is a chain that many people overlooked because there wasn’t much information about Celestia and the airdrop before launch. However, in the fast-paced world of cryptocurrency, overlooked gems can often surprise the market, and Celestia Network is no exception.
Celestia (TIA) Airdrop and what people missed
The Celestia Network had stayed out of the spotlight until it made an announcement air drop fitness site. Many people didn’t bother to check if they were eligible for an airdrop because they felt it was irrelevant. People didn’t claim their airdrops by the team’s requested deadline, causing the team to extend the date to give more people a chance to claim.
At the end of the claim period, there were many unclaimed airdrops, to the extent that the team had to distribute all unclaimed airdrops to the wallets that had claimed their airdrops, meaning eligible wallets received double their original allocations .
After the airdrop, the team focused on developing and creating utility for their chain, driving the price up TIA skyrocketed, as demand for the chain and its token began to grow.
TIA Utility: Data Availability and Scalability
Celestia indicates great utility Availability of data And Scalability giving other chains or emerging chains a basis to learn from and work on. The Celestia team’s innovative approach, combined with partnerships and a focus on utility, set it apart in a crowded space.
In this guide, we’ll dive into the dynamics of Celestia, explore its transformative airdrop strategy, and discuss how leveraging TIA can position you not only for sweet rewards, but for exclusive airdrops as well.
Unlike many projects that fail after the airdrop, Celestia took a different path. The team continued developing the platform, significantly expanding the Celestia chain. This utility, focused on data availability and scalability, boosted demand for the native token, TIA, ultimately driving up its price.
Celestia (TIA) network collaborations
Celestia works with most roll-ups from other chains such as the Manta Network which is another package that contains the utility of the calamari networkand the EVM network. Working with Celestia for better scalability and data availability has increased demand for Celestia (TIA).
Celestia (TIA) Network Airdrop Distribution
Celestia changed the way they distributed their TIA airdrop, which was different from what the market was used to. Celestia’s pre-launch had incentivized node running events and rewarded node runners, but that wasn’t enough to get more people to explore its ecosystem; it had to distribute its airdrop by rewarding all EVM users. If you had interacted with the EVM chain, you were eligible for the TIA airdrop.
Let’s now delve deeper into the details surrounding TIA’s strike, Celestia’s impact on the crypto space, and the broader implications for investors looking to navigate this dynamic landscape.
Reasons to use TIA
Staking TIA offers a versatile investment strategy, which combines an attractive Annual Percentage Rate (APR)., potential airdrop suitability and the broader positive trajectory of the Celestia platform. Taking a closer look at the TIA strike, investors are attracted by the attractive APRoften above 10%.
However, it is essential to note that the choice of validator plays a crucial role in determining the wagering rewards. As the Celestia platform continues to innovate and gain prominence, the appeal of TIA staking will continue to expand.
Celestia’s commitment to improving scalability and data availability. This, in turn, has led to increased demand for TIA, solidifying its position as a valuable asset within the crypto market.
Celestia’s unique utility and breakthrough capabilities have positioned Celestia as a frontrunner in the blockchain space. As a result, any new chain looking to launch and execute a successful airdrop will find integrating TIA strikers an effective strategy to gain attention. This is especially true for projects that build on the Celestia platform, where TIA’s association adds a layer of credibility and visibility.
TIA’s association with projects such as Size, where TIA strikers met the criteria to qualify for airdrops, underscoring the growing trend of projects using TIA strikers for greater visibility and credibility. As more projects emerge within the Celestia chain ecosystem, the potential for additional airdrops targeting TIA strikers becomes more and more promising.
While this analysis sheds light on the potential benefits of staking TIA, it is critical to recognize the ever-changing nature of the crypto market. Therefore, individuals considering TIA staking should conduct thorough research and stay abreast of market trends in order to make informed decisions.
Exchange to buy Celestia (TIA).
To begin the journey towards acquiring TIA, one can explore various prominent exchanges where TIA is listed. Platforms such as Binance, Kucoin, OKXAnd Bite provide a convenient gateway for purchasing TIA.
A crucial part of the staking process is securing a Keplr wallet. The Keplr wallet is an essential tool for safely managing and abandoning TIA. Users can download the wallet, create a new wallet by saving the seed phrase and take precautions to secure their keys. The importance of protecting access to one’s crypto assets cannot be overstated, as the security of the Keplr wallet is directly tied to the security of the stored TIA holdings.
How to get your TIA Wallet address
Go to your Keplr wallet and get your TIA address. You can get it by typing TIA in the search bar, but if it’s not available, you’ll have to make it available.
Click on the hamburger sign in the top left corner:
Then click Manage Chain Visibility, type TIA, enable it and save it:
Go to your wallet dashboard and copy your TIA address. Remember that the address must start with “Celestia”. Go to your crypto exchange and send TIA to that address.
The process for obtaining TIA is simple as the cryptocurrency is available on major exchanges. Additionally, users can explore the possibility of bridging other Cosmos chains, such as converting ATOM on the Cosmos chain or INJ on the Injective chain to TIA.
Once TIA is secured in the Keplr wallet, staking becomes the next logical step. Users can access the Celestia Staking dashboard on Keplr, choose a validator based on their preferences and stake their TIA accordingly. It is best to choose a validator that offers a high reward rate.
It is important to note that reversing the TIA involves a 21-day processing period, requiring users to plan their actions accordingly.
Protect your TIA
Securing a Keplr wallet is of utmost importance for those who want to participate in TIA staking. The wallet serves as a secure tool for managing and staking TIA, requiring users to download it, create a new wallet with a saved seed phrase, and take necessary precautions to secure their private keys.
Never store your seed phrase where it can be accessed on the internet. Do not copy your seed sentence to your device. It is best to write your seed phrase on a piece of paper and keep it in a place that only you have access to.
CONCLUSION
It is crucial to emphasize that the information provided here is not financial advice, but rather an analysis of current trends in the crypto market. However, the logic behind acquiring TIA and staking is compelling.
Demand for TIA has been on a consistent upward trend, increasing its value from an initial $2.2 to over $10. The combination of robust wagering rewards and the prospect of participating in airdrops makes TIA an attractive asset for investors looking to maximize their returns.
TIA price crosses $13 | Source: TIAUSD on Tradingview.com
Featured image from BSC News, chart from Tradingview.com
Disclaimer: The article is for educational purposes only. It does not represent NewsBTC’s views on buying, selling or holding investments and of course investing involves risks. You are advised to conduct your own research before making any investment decisions. Use the information on this website entirely at your own risk.