Espresso will additionally airdrop 25,000 ESP tokens, favoring NFT holders
The Hash World Chain has reported that the Espresso Foundation, which focuses on building Rollup-native infrastructure, has announced that its community token public sale on the KaitoAI platform has ended, with subscription demand far exceeding the supply of $4 million worth of ESP tokens. Due to oversubscription, actual allocations are based on factors such as subscription time, holding Composables NFTs, and influence in the L2 space. To reward supporters, Espresso will additionally airdrop tokens, including a fixed amount of 25,000 ESP, 33% of the subscription amount, and an additional 10% for Composables NFT holders. These tokens will be fully unlocked at the project's launch. Previously, it was reported that the crypto infrastructure company Espresso Systems completed a $28 million Series B funding round, led by a16z crypto.