[Announcement] $BN Airdrop Starting Soon

TNA
3 min readJun 3, 2024

--

We are thrilled to announce the launch of the $BN airdrop, starting on 📆June 5, 12 PM UTC.

This airdrop marks the beginning of an exciting, high-energy TNA ecosystem. We would like to utilize this event to reward our dedicated users and community members for their ongoing efforts in helping us build a dynamic and vibrant community! 🚀

What is TNA?

TNA is a naming and data availability (DA) protocol for Bitcoin. By leveraging Bitcoin’s inherent security combined with innovative naming and DA solutions, TNA aims to revolutionize how we interact with the Bitcoin ecosystem, driving its widespread adoption and utility.

TNA is important, because it:
- Introduces new assets and utilities native to Bitcoin
- Bridges the mainnet and layer-2 networks for seamless interoperability
- Establishes a robust system for identities and social assets on Bitcoin

The $BN Token

$BN, short for “Bitcoin Names”, is TNA’s ecosystem token, playing a pivotal role in powering various functionalities and incentivizing participation within the protocol.

It serves multiple use cases: $BN holders can stake their tokens to issue subnames, lower registration fees, and gain access to airdrops and other benefits from TNA and its partners. Additionally, $BN is an integral component of TNA Core, TNA’s Data Availability (DA) layer for Bitcoin, enabling participants to contribute as node operators and share in the protocol’s growth.

The power of $BN is further amplified by TNA’s unique token-name dual flywheel model. This innovative model ensures that token holders gain exclusive rights to names, while name holders receive $BN token rewards and additional benefits, creating a self-reinforcing cycle of value and utility, driving demand and engagement within the ecosystem.

The demand-driven nature of $BN, combined with its strong utilities and integration within the rapidly growing TNA ecosystem, positions it as a token with significant potential. As TNA continues to expand its partnerships and develop innovative solutions, $BN is set to become a valuable asset for early adopters and investors, driving further adoption and enhancing the overall value of the TNA protocol.

The $BN Airdrop

We believe in fostering a strong, engaged community, and this airdrop is a significant step towards achieving that goal.

The airdrop takes into account several factors to determine participant rewards. These include the holding status of TNA names (both main names and subnames), $TNA token holdings, and participation in TNA events such as name auctions and $TNA trading. Impact is also a key factor, measured by subname minting performance and airdrop referrals.

Each of these metrics plays a crucial role in calculating the airdrop score, ensuring that all forms of participation and support are recognized and rewarded.

The Value of TNA Names

TNA names are foundational building blocks of the TNA ecosystem and play a crucial role in the $BN airdrop.

These names hold significant economic, utility, and investment value, not only for the upcoming airdrop but also in ongoing developments within the ecosystem:

  • TNA name holders will continue to receive exclusive benefits and rights from TNA and its ecosystem partners
  • The value of TNA names will be further boosted by ongoing integrations, allowing them to function as payment identifiers, interoperable DIDs, and community building tools
  • The rarity of TNA names make them highly sought after, contributing to their substantial investment potential

Airdrop Preparation

$BN Airdrop participants will receive an Airdrop Score based on the following rules. Higher score potentially leads to a larger $BN airdrop.

The Airdrop is starting soon. You don’t want to miss it!

Follow us on Twitter @TNA_Protocol and join our Telegram community here.

Stay connected for more updates and detailed instructions on our official channels. We look forward to growing together and achieving new heights in the Bitcoin ecosystem! 💗💗💗

--

--