A blockchain project focused on creating a multichain ecosystem is preparing to reward its early supporters with a substantial airdrop.

The project plans to distribute 50 million tokens to participants ahead of its mainnet launch, representing 5% of the total supply of 1 billion tokens.

A blockchain project is set to reward early supporters with a substantial airdrop ahead of its mainnet launch, distributing 50 million tokens—5% of the total supply of 1 billion tokens.

The majority of the airdrop, around 44.7 million tokens (90%), will go to nearly 195,000 users who participated in the project's 2024 testnet campaigns. These initiatives involved interactive blockchain activities, such as a virtual pet breeding experiment called Jennie, aimed at testing the project's technical capabilities.

Another 3 million tokens (6%) are reserved for community members who actively participated on social platforms like Discord, Telegram, and X, helping to expand the project's community presence.

The project's foundation has clarified that internal team members will not receive airdrop tokens, ensuring that the distribution focuses on community supporters.

Eligible participants can check their status on the project's official airdrop page and will have 30 days to claim their tokens once the mainnet becomes operational.

According to the foundation, this airdrop marks the beginning of building a native economy focused on both Layer 1 users and decentralized applications, including DeFi, on-chain games, and NFTs.

The project has attracted significant investment, raising over $24 million from notable backers including YZi Labs (formerly Binance Labs), Delphi Ventures, and Hack VC. Its most recent funding round valued the token at $350 million, following an earlier round at $250 million.

The project's development roadmap includes two core components: a Layer 1 blockchain and a platform for deploying interwoven optimistic rollups. The goal is to build a multichain ecosystem that integrates architecture, product, and economic layers. The rollups, branded as Minitias, utilize the Cosmos SDK and support various virtual machines, including EVM, MoveVM, and WasmVM, enabling flexible transaction processing within the Cosmos network.

More than a dozen projects are reportedly building Layer 2 solutions using this interwoven framework, highlighting the project's vision for a rollup-centric blockchain future.