Interesting facts about TIA

Modified on Tue, 19 Mar 2024 at 10:28 AM

 Celestia Founders

Mustafa Al-Bassam is the co-founder and CEO of Celestia Labs. Before this role, he served as a co-founder and researcher at Chainspace, which was later acquired by Facebook. He holds a doctoral degree in Blockchain Scaling from University College London (UCL).

Ismail Khoffi is another co-founder and the Chief Technology Officer (CTO) of Celestia Labs. With a diverse background, he has worked on various projects in the education and technology industry, ranging from small to large organizations. Ismail Khoffi also has experience as a former engineer at Tendermint and Interchain Foundation.

TIA Token Distribution

On 31 October 2023, a distribution of 60 million TIA tokens (equivalent to 6% of the total supply) took place. These tokens were allocated to developers, researchers, and early backers, and discussions were made regarding Ethereum, Ethereum Rollups, Cosmos, and Osmosis. The maximum supply of TIA is set at 1,000,000,000 TIA, with a circulating supply of 141,043,528 TIA as of 14 November 2023.

As of 9 November 2023, information from Techopedia indicates that Celestia has not announced any details regarding the second TIA airdrop. However, caution is advised for investors, as several clickbait articles circulating on the internet mention “Celestia Airdrop Season 2” and “TIA Airdrop 2.” Investors should be wary of clicking on links from unofficial sources.

Current Value of TIA

As of 14 November 2023, according to Coinmarketcap, the value of Celestia (TIA) is $4.99 (approximately 179.52 Thai Baht per the exchange rate at the time). The 24-hour trading volume is reported to be $927.02 million (approximately 33,350,471,520 Thai Baht). Celestia holds the current rank of 66 on CoinMarketCap, determined by its market capitalization of $701 million (approximately 25,214,970,000 Thai Baht).


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