The number of airdrops is confusing. Do I still insist on doing Taiko’s interactive tasks this week?

This morning, with the launch of Taiko’s TKO token airdrop query page and the announcement of the TKO token economic model, the major “Lumao” communities suddenly became lively, and users who participated in the interaction went to check the number of tokens received. , but what followed was all kinds of grievances spreading on social media:

• "I heard that Taiko issued an airdrop, and when I checked, it turned out to be 0. I felt like scolding my mother. In December last year I just started doing it, but I don’t understand what the operation is? "
• "Currently, some accounts are given tokens for completing Galaxy missions with more than 3000 points, but some accounts are not given tokens. Regarding this wave of airdrops from Taiko, I only think of three words: Mouse Cang. "
• "What's going on? I did at least 3 testnets, and Galaxy also did it, but in the end I still got 0 eggs."
• "Taiko's airdrop rules are very rough, and the coins are given out in a confused manner. Next, the competition will begin."
• ......

Although there are some Users immediately posted the number of their TKO airdrops, but in general, Taiko's airdrops dissatisfied many people. Below, Odaily Planet Daily will take you to understand Taiko, the TKO token economic model and team members’ responses to this.

Taiko Comprehensive Analysis

Introduction

##Taiko is a decentralized Ethereum equivalent of ZK-Rollup. The aim is to allow developers and users of dApps developed for Ethereum L1 to use these dApps on Taiko without any modifications. As a result, dApps can be quickly deployed to L2, generating lower transaction fees than L1 while maintaining the security of Ethereum. In general, the main features of its project are as follows:

No permission required and decentralized: Taiko is a based Rollup (Based Rollup). Taiko does not have a centralized orderer, instead relying on Ethereum validators to order transactions and blocks;
• Frictionless developer experience: Taiko uses the Ethereum equivalent of ZK-EVM (Type 1 ZK-EVM) to achieve execution-level compatibility with Ethereum, fundamentally providing "scaled Ethereum";
• Highly configurable and future-oriented: As a controversial Rollup, Taiko allows applications The chain defines its own proof system and adopts newer and more efficient validity proofs as technology advances without modifying Taiko's core protocol.

Financing situation

According to ROOTDATA data, Taiko has raised a total of US$37 million. From 2022 to 2023, it completed two rounds of financing and raised a total of US$22 million. The first round of financing is US$10 million, led by Sequoia China, and will close in the third quarter of 2022. The recent second round of financing raised $12 million, led by Generative Ventures. Other investors in Taiko Labs’ two funding rounds include IOSG Ventures, GSR and GGV Capital, as well as angel investors such as POAP founder Patricio Worthalter, the Ethereum Foundation’s Tim Beiko and Anthony Sassano.

In March 2024, Taiko announced that it had received US$15 million in Series A financing, led by Lightspeed Faction, Hashed, Generative Ventures and Token Bay Capital. Other investors in this round of financing include Wintermute Ventures, Flow Traders, Amber Group, OKX Ventures, GSR, etc.

Taiko Financing

Token Economic Model

According to the relevant information released by Taiko, its native token TKO has a total supply of 1,000,000,000 tokens, and the specific distribution ratio is as follows:

• Taiko Labs/ Core Team: 200,000,000 TKO pieces, accounting for 20.00% of the total supply;
• DAO Teasury: 200,000,000 TKO pieces, accounting for 20.00% of the total supply;
• Taiko Foundation Reserve: 168,800,000 TKO coins, accounting for 16.88% of the total supply;
• Investors: 116,200,000 TKO coins, accounting for 11.62% of the total supply;
• Trailblazer airdrop: 100,000,000 TKO coins, accounting for 10% of the total supply 10.00%;
• Genesis airdrop: up to 50,000,000 TKO coins, accounting for 5.00% of the total supply;
• Liquidity and market making: 50,000,000 TKO coins, accounting for 5.00% of the total supply;
• Grants & RetroPGF: 50,000,000 TKO pieces, accounting for 5.00% of the total supply;
• Guardian Prover Bonds: 20,000,000 TKO pieces, accounting for 2.00% of the total supply;
• Taiko Official Prover Bonds: 15,000,000 TKO pieces, accounting for 1.50% of the total supply;
• Protocol Guild: 10,000,000 TKO pieces, accounting for 1.00% of the total supply.

(According to the information given on the official website, the allocation proportions of each part add up to only 98% of the token supply.)

TKO Token Economic Model

Response to the Token Airdrop Controversy

Social media is flooded with Taiko airdrops With all kinds of grievances, community members are asking: What are the specific rules for token distribution? Why didn’t I get a TKO token after running many phases of testnet? Galaxy Mission has been completed for N phases, what is the specific distribution ratio?

In this regard, Taiko’s co-founder and CEO danielwang.eth said: “In order to avoid unnecessary disputes, we will not disclose the detailed TKO genesis airdrop rules. Our goal is to be fair, but it cannot be met. Everyone. Congratulations to those who received TKO, and apologies to those who did not."

# Source: Taiko Co-Founder. Human and CEO danielwang.eth tweeted

As soon as this statement came out, the resentment in the community skyrocketed, and there was a lot of curses, scolding the team for obviously running a "rat warehouse"!

Interestingly, after releasing the token airdrop, Taiko released a new mission in the galaxy, with a score of 300 points and ending on May 27. So, if you participate in the interaction, will you continue to do it?

Taiko’s latest galactic mission

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