Foresight News reports that the Espresso Foundation has announced the launch of the ESP token. According to the ESP token economic model, 10% of the initial total supply will be allocated for the first airdrop. Additionally, another 24.81% will be reserved for future airdrops, grants, and rewards. Unclaimed tokens from the initial airdrop will also be redistributed for future airdrops. Espresso stated that the airdrop will be distributed by calculating a holder score for each wallet address, which is measured by analyzing the address’s behavior after receiving previous airdrops to assess long-term investment intent. This method considers whether users have held, staked, or sold tokens from major ecosystem airdrops, including projects such as Caldera, Arbitrum, ApeChain, Hyperlane, Succinct, LayerZero, Uniswap, EigenLayer, and others.
This airdrop will be distributed to over one million addresses that participated in more than 30 activities. Eligible addresses can claim tokens on the day of the token launch. These users include participants in the 2024 mainnet registration event, holders of Espresso’s NFT series “The Composables” who will receive rewards based on specific snapshot dates and long-term holding, developers participating in Espresso’s Build & Brew hackathon and Brew House accelerator, members of the Espresso Caffeinated Creator Program, participants in community sales on Kaito Launchpad who bid for quotas, individuals who have received POAPs from various Espresso events (online and offline) over the past two years, those involved in the first seamless cross-chain NFT minting between ApeChain and RARI Chain, other community activities, and users within the partner ecosystem.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
The UAE Central Bank approves the Dirham stablecoin DDSC! Middle East's first machine-to-machine payment goes live
The Central Bank of the United Arab Emirates has approved Abu Dhabi First Bank's UAE Dirham stablecoin DDSC, which is now live on the Layer 2 blockchain ADI Chain. DDSC will be used for payments and collections, settlement, fund operations, trade supply chain flows for institutional and government entities, as well as providing programmable financial services for regulated entities.
MarketWhisper1h ago
RootData: ZRO will unlock tokens worth approximately $50.65 million in one week.
ChainCatcher message: According to Web3 asset data platform RootData's token unlock data, LayerZero (ZRO) will unlock approximately 25.71 million tokens, worth about $50.65 million, at 11:00 AM Beijing time on February 20.
GateNewsBot1h ago
RootData: KAITO will unlock tokens worth approximately $18.35 million in one week
ChainCatcher message: According to Web3 asset data platform RootData's token unlock data, Kaito (KAITO) will unlock approximately 58.11 million tokens at 12:00 PM Beijing time on February 20, valued at about $18.35 million.
GateNewsBot1h ago
AZTEC (Aztec) 24-hour increase of 19.26%
Gate News Bot Message, February 13th, according to CoinMarketCap data, AZTEC (Aztec) is currently trading at $0.02, up 19.26% in the past 24 hours, with a high of $0.02 and a low of $0.02. The current market capitalization is approximately $59.5 million, an increase of $9.62 million compared to yesterday.
AZTEC is the first decentralized privacy-preserving layer 2 network (L2) on Ethereum, dedicated to solving blockchain privacy issues. The network features programmable privacy, client proofs, composable privacy, and first-day decentralization, enabling developers to flexibly program privacy protections across multiple layers such as users, data, metadata, transactions, and code.
The Aztec Ignition Chain went live in November 2025, becoming the first truly decentralized L
GateNewsBot2h ago
Pi coin falls below its all-time low! The unlocking wave at the 15th milestone deadline is pressuring the market, potentially triggering a new round of selling.
The Pi coin mainnet blockchain protocol underwent a key upgrade, with February 15th as the deadline for all mainnet nodes to complete the update. The Pi core team stated that 16 million users have migrated to the mainnet, which is based on the Stellar consensus protocol. However, due to the overall decline in the crypto market, Pi coin has fallen 12% over the past week, hitting a historic low of $0.132.
MarketWhisper2h ago
MON (Monad) increased by 8.06% in the past 24 hours
Gate News Bot Message, February 13 — According to CoinMarketCap data, as of press time, MON (Monad) is trading at $0.02, up 8.06% in the past 24 hours. The price reached a high of $0.02 and a low of $0.02. The current market cap is approximately $225 million, an increase of $16.8 million compared to yesterday.
Monad is a high-performance EVM-compatible blockchain built for scalability, offering 10,000 TPS throughput, near-instant finality, low fees, and scalable decentralization. The chain is fully compatible with EVM at the bytecode level, with Solidity contracts, EVM addresses, infrastructure, tools, and libraries ready to use out of the box. Monad uses a custom database and low system requirements design, allowing validators to run nodes on consumer-grade hardware, achieving a truly decentralized network. The ecosystem already has 200
GateNewsBot2h ago
