Lava Network launches mainnet with Filecoin, Starknet, Cosmos support

Source: Crypto Briefing

Modular infrastructure Lava Network has launched its public mainnet with support from Filecoin Network, Starknet Foundation, and Cosmos Hub today. The launch includes $2 million in incentive pools from supported ecosystems for mainnet participants.

The mainnet debut features the community-first launch of the LAVA token, with an airdrop distribution of 55 million LAVA. This approach aims to increase decentralization and participation, starting with a high initial float and a capped supply.

“By going with this radically unique approach, the Lava Foundation is encouraging engagement and supporting decentralization,” stated Amir Aaronson, Head of the Lava Foundation.

Lava’s incentive pools attract high-quality infrastructure providers, rewarding them for reliable service. Google Cloud is already operating as an RPC provider on Lava testnet, running 9 nodes and handling millions of Ethereum requests.

“The true potential of Lava Network lies in our community. This is why we’ve committed to a community-first launch,” emphasized Ethan Luc, Head of Marketing at Lava.

Lava Network is a blockchain infrastructure provider focused on serving quality nodes to different ecosystems, boosting interoperability and network reliance. As reported by Crypto Briefing, the Web3 adoption by the mainstream relies on high-quality nodes that can assure a runtime nearing 100%.

Illia Polosukhin, Co-Founder of NEAR Protocol, commented, “Lava Network’s incentive pools are decentralizing the NEAR RPC layer by creating a competitive market and bringing more providers. This has improved the experience for NEAR app developers and users.

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Author: Gino Matos