Lava Network has launched its public mainnet and announced an airdrop of 55 million LAVA tokens. The modular blockchain project, supported by Filecoin Network, Starknet Foundation, and Cosmos Hub, aims to provide data access for other projects through remote procedure calls （RPCs）.
Points
- Lava Network launched its public mainnet and announced a 55 million LAVA token airdrop.
- The project is supported by Filecoin Network, Starknet Foundation, and Cosmos Hub.
- Lava provides data access for other projects through remote procedure calls （RPCs）.
- The project raised $15 million in a seed round and $11 million from various investors.
Lava Network, a modular blockchain startup, has officially launched its public mainnet and announced an airdrop of 55 million LAVA tokens. The project, which provides data access for other projects through remote procedure calls （RPCs）, has garnered significant support from prominent entities like Filecoin Network, Starknet Foundation, and Cosmos Hub. This phased mainnet launch is expected to bring enhanced data accessibility and efficiency to the blockchain ecosystem.
Founded in 2022, Lava Network aims to decentralize data access by incentivizing blockchain node operators to provide RPC services. These services are rewarded based on the number of users served and qualitative measures like speed, uptime, and accuracy. During its testnet phase, Lava claims to have processed over 40 billion RPC requests, showcasing the project’s potential and readiness for public deployment.
Lava Network’s incentive pools are designed to create a competitive market, attracting more providers and improving the overall user experience for app developers and users. Illia Polosukhin, co-founder of NEAR Protocol, praised Lava’s approach, stating, “Lava Network’s incentive pools are decentralizing the NEAR RPC layer by creating a competitive market and bringing more providers. This has improved the experience for NEAR app developers and users.”
The project has also attracted considerable attention from investors. Late last year, Lava Network raised $15 million in a seed round co-led by Jump Capital, Hashkey Capital, and Tribe Capital. More recently, the non-profit Lava Foundation raised $11 million from Animoca Brands, CoinGecko Ventures, and Polygon co-founder Sandeep Nailwal, among others.
Lava Network’s unique approach to tokenomics involves starting with a high number of tokens in circulation and a capped supply, in contrast to many recent projects that plan to unlock tokens and gradually inflate the supply. Ethan Luc, Lava’s Head of Marketing, emphasized, “We believe this approach is how all crypto protocols should be built – prioritizing community and sustainability, not only VCs.”
解説
- Lava Network’s launch of its public mainnet and airdrop of 55 million LAVA tokens marks a significant milestone for the project.
- Supported by major entities like Filecoin Network, Starknet Foundation, and Cosmos Hub, Lava provides crucial data access services through RPCs.
- The project’s incentive pools create a
competitive market for RPC providers, enhancing the overall user experience for blockchain developers and users.
– Lava Network has raised substantial funding from prominent investors, demonstrating strong confidence in its potential.
– The project’s unique tokenomics approach prioritizes community and sustainability, setting a new standard for crypto protocols.