BlockBeats News, May 27th, Lagrange Labs, the developer of ZK Network, announced that the LA token airdrop registration will be open from May 28th to June 2nd. LA will serve as a utility token for paying ZK proof fees and for staking, with the initial airdrop allocation accounting for 10% of the total supply. To qualify for the airdrop, participants must have engaged in the Turing Roulette game and completed identity and uniqueness verification. The project is built on EigenLayer and aims to drive the entire proof ecosystem economy model through the LA token.
BlockBeats previously reported that on May 8, 2024, Lagrange Labs completed a $13.2 million financing round. The round was led by Peter Thiel's Founders Fund, with participation from Archetype Ventures, 1kx, Maven11, Fenbushi Capital, Volt Capital, CMT Digital, Mantle, and Ecosystem.
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