I Dumped Celestia (TIA) for Optimism (OP): Here's Why

By Bfab | Good vibes | 31 Oct 2023

I got as expected the Celestia (TIA) airdrop but dumped it for Optimism (OP)... I will explain you why.

TIA and OP are two of the most popular altcoins on the market today. But which one is the better investment? In this article, we'll take a look at the pre-sale price and tokenomics of TIA and OP, as well as the recent airdrop and unlock events. We'll also discuss why I dumped TIA for OP.

TIA

TIA is a utility token that plays a vital role in the Celestia ecosystem. It is used to pay for blobspace, bootstrap new rollups, stake in the consensus process, and participate in governance. The initial distribution of TIA tokens is as follows:

Investors: 25%
Team and Advisors: 25%
Community Development: 25%
Genesis Drop: 25%

The Genesis Drop was an airdrop of TIA tokens to Ethereum users who had interacted with certain decentralized applications (dapps). The goal of the Genesis Drop was to distribute TIA tokens to the community in a fair and equitable manner.

OP is a utility and governance token for the Optimism layer-two scaling solution. It is used to pay for transaction fees on Optimism, as well as to participate in governance. The initial distribution of OP tokens is as follows:

Airdrop: 50%
Ecosystem Fund: 25%
Foundation: 15%
Team and Advisors: 10%

The airdrop was distributed to Ethereum users who had interacted with certain decentralized applications (dapps) on Ethereum. The goal of the airdrop was to distribute OP tokens to the community in a fair and equitable manner.

Why I Dumped TIA for OP

I dumped TIA for OP because TIA is only in the very early stage after the mainnet launch and is almost starting from scratch, whereas I believe that OP has a brighter future. OP is already being used by a number of popular decentralized applications, and it is backed by a strong team of developers. Additionally, the OP airdrop has already taken place, and the recent unlock event is having its effect on the price. This means that OP is likely in a good price zone already, but it might dump further so please DYOR.

Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.

Ethereum Optimism (OP) OP Celestia TIA

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