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Ethereum L2 Linea: TGE will not take place in Q1

BlockBeats News, March 8th, a Linea Discord community admin stated that the TGE will not take place in Q1. The team will announce progress once the final schedule is determined.


Last November, Linea, an Ethereum zkEVM L2 Rollup developed by Consensys, announced the establishment of the Linea Association to drive Linea governance. Previous messages indicated that the project's TGE would take place in Q1 this year.

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There is significant disagreement within the community regarding the post-TGE price prediction of LINEA; some analysts believe that LINEA's FDV could reach $8 billion.
Early users will receive 9% of the total token supply, and airdrop will occur at TGE with no lock-up period.
Linea is trying to prove that L2 can not only scale Ethereum, but should also be a catalyst for its value growth.
The most crucial signal of the Linea airdrop is its avoidance of a "Sybil Attack", directly targeting the strategy of "using multiple accounts for airdrop farming".
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