🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
Celestia co-founder responds to FUD: has over $100 million in reserves, enough to operate for more than 6 years.
According to a TechFlow report on June 24, Celestia co-founder Mustafa Al-Bassam revealed in a tweet that despite the increasing FUD (fear, uncertainty and doubt) targeting Celestia in the market, all founders, early employees, and core engineers are still holding their positions and maintaining the same work enthusiasm as at the project's launch. Al-Bassam stated that Celestia currently has over $100 million in reserves and more than 6 years of operational funding, and the team is prepared for long-term development. He also mentioned that he has been involved in the crypto assets field since 2010 and understands that all tokens experience about a 95% drawdown in their lifecycle, so he is not surprised by the current market fluctuations.