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ZK-Focused Lagrange Labs to Launch New Token - Unchained
Lagrange Labs, a cryptography startup focused on decentralized zero-knowledge proof generation, is launching a new utility token following the creation of the independent Lagrange Foundation
The LA token will be central to the Lagrange Prover Network, powering proof generation, staking, and subsidizing network activities for use cases such as verifiable artificial intelligence and zero-knowledge rollups.
One of the main eligibility requirements for the airdrop is participation in “Turing Roulette,” a game in which users guess whether they have interacted with an AI or a human.
Registrants must complete proof-of-uniqueness and proof-of-humanity checks during the process, with dates to sign up between May 28 and June 2.
This story is an excerpt from the Unchained Daily newsletter
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The team plans to airdrop 10% of the total 1 billion LA supply in the initial airdrop, with 11.3% allocated to the foundation and 18.5% to investors
Lagrange Labs has raised more than $17 million in funding, including a $13.2 million seed round led by Founders Fund.
Tokens for early contributors and investors will be locked for one year following the token generation event, with gradual unlocks over a two-year period.