Taiko (TAIKO)

Taiko is a fully permissionless and decentralized ZK-Rollup equivalent to Ethereum. This means that using Taiko is the same as using Ethereum. Taiko not only supports all EVM opcodes, but also a full client API for performing JSON-RPC.

The project is an L2 that gets its security from Ethereum. It does not have a centralized sequencer or verifiers, all operations are performed without permission and are managed by the community.

Taiko offers different rollup solutions such us:

• Based Contestable Rollup with a modular, multi-proof design;
• Based Booster Rollup that scales natively and composes synchronously.

Taiko Bridge provides a simple solution for bridging assets across chains. There are two variations of bridging: token and NFT.

Since 2022, the project has had six successful Taiko testnets involving over 1,200,000+ unique wallets, 30,000+ proposers, and 14,000+ provers.

Recently, the Taiko crypto project launched its Mainnet.

On May 22, 2024, it was announced that Taiko Airdrop is live. Users have 7 days to check their eligibility. Rewards claim will be available on June 5, 2024. Eligible users will have one month to claim their tokens.

🤑 $TAIKO is a native token of the Taiko project with total supply of 1,000,000,000 tokens.

On May 27, 2024, Bybit announced $TAIKO ByStarter token sale, which has been active from May 29, 2024, and will be lasting till June 5, 2024.

CoinLaunch is here to help you navigate through the project’s pros and cons to enable you to make an informed investment decision.

✅ Taiko’s pros:

• Product meets the current ZK-Rollup narrative; 
• Above-the-average SMM coverage;
• Great PR performance;
• Solid Search Engine Optimization;
• Good Growth Marketing performance;
• Huge amount of reputable Backers and Partners;
• Not bad Influencer Marketing;
• Team actively participates in AMA sessions.

📛 Taiko’s cons:

• No info about Initial Circulation Supply;
• No vesting schedule;
• 20% of tokens distributed for Team;
• Has only one public security audit;
• Weak Marketing Infrastructure.