The Linea community has received clarification from the project’s founder, Declan Fox, regarding the token launch and distribution plans. According to his statement, the exact date of the TGE (Token Generation Event) has not been set yet and depends on external factors, including centralized exchange (CEX) positions. However, the team promises to publish tokenomics and governance details by the end of July.
Tokenomics Coming at Month-End, Distribution Will Follow
Fox announced that the Linea team will present the token distribution structure (tokenomics) and the governance framework by late July, but the token itself will not launch at that time. He specifically emphasized that this is not yet the TGE. Participation rules for the airdrop and a dedicated tool to verify eligibility will be introduced a few days before the token goes live.
He also noted that the delay is linked to external conditions. Among them is coordination with centralized exchanges (CEX). While he didn’t provide a concrete date, he reassured the community that the launch “won’t be too far off.”
Airdrop Will Accompany the Launch, but Details Are Coming Later
When asked about the transparency of the future distribution, Fox confirmed that an airdrop will indeed take place at the time of the TGE. This means that a certain portion of the tokens will be allocated to users right at launch.
Addressing concerns about potential dilution of initial promises, he clarified that all eligibility criteria will be outlined in the checker. This public tool will allow anyone to verify whether they qualify for token distribution.
Community Discussion and Doubts
A user named Community First questioned why the project couldn't release both the tokenomics and the eligibility criteria for the airdrop at the end of July. They pointed out that projects often announce 40-60% of tokens “for the community,” yet only 5-10% are actually distributed during the initial airdrop, with the rest trickling out in later phases. Some of those tokens, they added, could end up going to large exchanges and partners under the guise of “community” distribution.
In response, Fox did not specify when the criteria would be released. He only reaffirmed that they would be made public shortly before the TGE.
About Linea
Linea is a Layer 2 scaling network built on Ethereum, leveraging zk-Rollup technology. It was developed by Consensys and is designed to support infrastructure for Web3 applications while maintaining compatibility with the Ethereum ecosystem. The network’s testnet gained significant attention, and many projects are already deploying solutions on it.
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