On May 27, ZK network developer Lagrange Labs announced the opening of LA token airdrop registration from May 28 to June 2. LA will serve as a utility token for paying ZK proof fees and staking, with an initial airdrop allocation of 10% of the total supply. Airdrop eligibility requires participation in the Turing Roulette game and completion of identity and uniqueness verification. The project is developed based on EigenLayer and plans to drive the entire proof ecosystem economic model through the LA token.
BlockBeats previously reported that on May 8, 2024, Lagrange Labs completed a $13.2 million financing round, led by Peter Thiel's Founders Fund, with participation from Archetype Ventures, 1kx, Maven11, Fenbushi Capital, Volt Capital, CMT Digital, Mantle, and Ecosystem.
