Espresso's first airdrop will be distributed to over 1 million addresses, using a holder scoring mechanism.

GateNews

2026-02-11 01:45:32

ESP-3.04%

ARB0.26%

UNI-0.15%

Foresight News reports that the Espresso Foundation has announced the launch of the ESP token. According to the ESP token economic model, 10% of the initial total supply will be allocated for the first airdrop. Additionally, another 24.81% will be reserved for future airdrops, grants, and rewards. Unclaimed tokens from the initial airdrop will also be redistributed for future airdrops. Espresso stated that the airdrop will be distributed by calculating a holder score for each wallet address, which is measured by analyzing the address’s behavior after receiving previous airdrops to assess long-term investment intent. This method considers whether users have held, staked, or sold tokens from major ecosystem airdrops, including projects such as Caldera, Arbitrum, ApeChain, Hyperlane, Succinct, LayerZero, Uniswap, EigenLayer, and others.

This airdrop will be distributed to over one million addresses that participated in more than 30 activities. Eligible addresses can claim tokens on the day of the token launch. These users include participants in the 2024 mainnet registration event, holders of Espresso’s NFT series “The Composables” who will receive rewards based on specific snapshot dates and long-term holding, developers participating in Espresso’s Build & Brew hackathon and Brew House accelerator, members of the Espresso Caffeinated Creator Program, participants in community sales on Kaito Launchpad who bid for quotas, individuals who have received POAPs from various Espresso events (online and offline) over the past two years, those involved in the first seamless cross-chain NFT minting between ApeChain and RARI Chain, other community activities, and users within the partner ecosystem.

View Original

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

RootData: IO will unlock tokens worth approximately $1.59 million in one week

Token Events

ChainCatcher message: According to Web3 asset data platform RootData token unlock data, io.net (IO) will unlock approximately 14.14 million tokens, worth about $1.59 million, at 00:00 Beijing time on March 11.

GateNews46m ago

RootData: MOCA will unlock tokens worth approximately $4.19 million in one week

Token Events

ChainCatcher message: According to token unlock data from the Web3 asset data platform RootData, Moca Network (MOCA) will unlock approximately 275.8 million tokens at 0:00 Beijing time on March 11, valued at about $4.19 million.

GateNews46m ago

Pi Network mainnet token supply exceeds 9 billion, with daily 50 million mapped tokens reaching a new high

pi network news Project Progress Token Events On-Chain Data

The total supply of PI tokens on the Pi Network mainnet has exceeded 9 billion, with a daily mapping speed of 50 million. There are 17.7 million KYC-verified users who have completed over 16 million migrations. The KYC verifier reward system is in final testing and is expected to go live by the end of March 2026. Some users remain cautious about the reward timeline; the actual application and ecosystem growth will influence the long-term prospects of Pi Network.

MarketWhisper1h ago

Over $572 Million in Crypto Token Unlocks Expected Across SOL, WLD, DOGE, and More

solana news Token Events

Over $572 million in token unlocks is set for March 2–9, with HYPE, SOL, WLD, DOGE, and ENA among the scheduled releases. HYPE leads by value with a $316.64 million unlock, while SOL faces $39.87 million and WLD is set for a $14.33 million release this week. Crypto markets are preparing for

CryptoNewsFlash12h ago

SoFi and Mastercard collaborate to support the settlement of SoFiUSD stablecoin on the global payment network

Token Events Partnerships & Ecosystem

The first nationwide licensed bank in the United States to offer Bitcoin trading, SoFi, plans to launch SoFiUSD as a settlement currency through Mastercard. The Galileo technology platform will provide this settlement option to customers, and both parties will also explore the interoperability applications between stablecoins and fiat currencies.

GateNews15h ago

Comment

0/400

No comments