The People's Alliance hosts $ALLY Inscription Campaign on Linea, creating largest Inscription community ever
The People's Alliance hosts $ALLY Inscription Campaign on Linea, creating largest Inscription community ever
The People's Alliance recently hosted the $ALLY Inscription Campaign on Linea, resulting in millions of interactions and making it the largest Inscription community ever. Inscriptions are information written on-chain, and they allow for the creation of special 'token' standards. The campaign had 120k unique users and distributed $ALLY fairly. Particle is now building the first Linea Inscription marketplace. Linea's use of Particle's smart wallets has positioned it as a top chain in the AA ecosystem. The campaign resulted in $3M worth of gas fees without significant spikes. The future looks bright for Inscriptions on Linea.
Last weekend, The People's Alliance, a collective of 50+ protocols across Web3, hosted the $ALLY Inscription Campaign, resulting in millions of interactions on Linea. ALLY has since become the largest Inscription community ever 🧵👇
We are thrilled to support The People's Alliance and their inscription event, hosted #OnLinea✨ We know that you have some concerns about participating, and we've met with the Particle Team to address these on behalf of users. ⤵️🧵
For the first time ever, 50+ protocols across Web3, with a joint valuation of $10B+, are coming together to reward your loyalty. Introducing The People's Alliance. The People’s Alliance is launching the first and largest community-exclusive Inscription system on any blockchain.
Blockchain is about building fair communities, so let’s do it properly! We’re issuing 150LXP to holders of People’s Alliance Inscription!🤝✨ Criteria: - Successfully mint 100 Inscription Cards ally.build/?inviteCode=QQ… - Make sure your Particle Wallet is binded to a Wallet
WE'RE LIVE! The People's Alliance's Inscription ($ALLY) can now be minted on @lineabuild. From now, and until all 21 Billion $ALLY are minted, you can participate in the first-ever community-exclusive Inscription system. Details 🧵, or get started at ally.build!
LINEA Token Launches with Ecosystem-First Approach
**LINEA token officially launched** after mainnet debut in 2023, positioning itself as an ETH-centric Layer 2 solution. **Key Features:** - **85% ecosystem allocation** - largest fund in crypto history - **No team or investor allocations** - zero insider sell pressure - **Dual burn mechanism** - every transaction burns both ETH and LINEA - **Deflationary supply** with native yield features **Trading Availability:** Live on major exchanges including Binance, OKX, Bybit, KuCoin, and others. **LP Incentives:** - **12 million LINEA rewards** for ETH/LINEA liquidity providers on [Etherex](https://www.etherex.finance/liquidity/0x73045fe421f1f1719946cc664cf6020b0c183854) - Earn both REX and LINEA through Linea Ignition program - Tracking begins Monday via Brevis **Tokenomics Structure:** - 10% early users/builders (fully unlocked) - 75% ecosystem fund managed by Linea Consortium - 15% ConsenSys treasury (5-year lockup) The launch emphasizes **sustainable ecosystem growth** over speculative trading, with value flowing back to Ethereum Layer 1.
**Linea Teases Major Announcement**
Linea, the ConsenSys-powered zk rollup, is building anticipation with cryptic messaging hinting at a significant upcoming development. The Ethereum scaling solution has been dropping hints about **"somETHing big"** coming, following a pattern of mysterious announcements that began earlier this year. - Previous teasers in March suggested major developments were on the horizon - The latest messaging continues the suspenseful marketing approach - No specific details have been revealed about the nature of the announcement As a **developer-ready zk rollup** focused on scaling Ethereum dApps, any major update from Linea could impact the broader Layer 2 ecosystem. The community awaits concrete details about what this "big" development might entail.
**Binance Alpha Claims Go Live on Linea Network**
Binance Alpha has activated claims on the **Linea network** today, September 10th. Eligible users can now claim their **LINEA airdrops** using Binance Alpha Points through the Alpha Events page. The claims process is available once trading opens on the platform. - Claims are processed through Binance Alpha Points system - Access via Alpha Events page on Binance platform - Trading must be active for claims to process This marks Linea's debut on Binance Alpha as the first featured platform for the zk rollup token.
Linea Token Launch Creates Unique Market Dynamics
**Linea's token launch presents an unusual market structure** with only airdrop recipients able to sell initially. **Key characteristics:** - No team or investor token allocations creating sell pressure - Only airdrop recipients can currently trade - Token supply designed to be deflationary - ETH capital expected to flow into the ecosystem **This setup eliminates traditional launch selling pressure** from insiders and early investors, potentially creating different price dynamics than typical token launches. The deflationary tokenomics combined with limited initial supply could impact long-term value accrual as the Ethereum scaling solution develops.
Linea Documentary Goes Live
**Linea releases documentary** chronicling its journey from concept to reality. [**Ethereum For All: The Linea Origin Story**](https://linea.build/documentary?utm_source=twitter&utm_medium=social&utm_campaign=cmp-4535859-afbf08) is now available, showcasing the development of the zk rollup. The documentary arrives alongside Linea's major token launch: - **85% ecosystem allocation** (no team/VC tokens) - **Airdrop opens September 10th** for LXP holders - **90-day claim window** until December 9th - **Fully unlocked tokens** with no vesting Linea positions itself as **"silver to ETH's gold"** with native yield on bridged assets and dual burn mechanism. The project aims to strengthen Ethereum while scaling it through zk rollup technology.