What is Celestia (TIA)

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