PANews reported on November 20 that ai16z co-founder Shaw announced that the ELIZA token airdrop plan has been officially launched and will be distributed to all ai16zeliza holders. According to snapshot data, a total of 100 million tokens will be airdropped according to the holding ratio, with 20% unlocked immediately and the remaining part unlocked linearly every day, in order to prevent the tokens from being sold in a concentrated manner.

Currently, ai16z DAO holds more than 10% of the token supply, and the project itself holds 3% of the supply through the Squads wallet for future development and growth support. Users can check the airdrop eligibility through the official GitHub link and complete the claim on the Streamflow platform.

Shaw also emphasized that the development team did not profit from yesterday’s events and will use all resources to support the development of the ai16z DAO and ai16zeliza projects.