Collab.Land to Airdrop Token to Over 2M Wallets on Optimism

The automated management tool for on-chain asset verification and token gating is growing its ecosystem by establishing a decentralized autonomous organization governed by COLLAB.

AccessTimeIconFeb 23, 2023 at 2:48 p.m. UTC
Updated May 9, 2023 at 4:08 a.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global event for everything crypto, blockchain and Web3.Register Now

Collab.Land, an automated management tool that integrates into Discord and Telegram for token-gated communities, is distributing its token (COLLAB) on Optimism in the form on an airdrop on Feb. 23.

The distribution of COLLAB will spearhead the ecosystem’s decentralized autonomous organization (DAO).

  • 'The Voice' Makes Its Way to the Metaverse
    'The Voice' Makes Its Way to the Metaverse
  • Staking Has Been a Major Liquidity Sink for ETH: Coinbase Institutional
    Staking Has Been a Major Liquidity Sink for ETH: Coinbase Institutional
  • Fantom Token Jumps; Dolce & Gabbana Sued for NFT Deliveries
    Fantom Token Jumps; Dolce & Gabbana Sued for NFT Deliveries
  • What's the Key to Winning a Hackathon?
    What's the Key to Winning a Hackathon?
  • Used by roughly two million wallets in over 40,000 non-fungible token (NFT)-centric communities like Axie Infinity, Aavegotchi, World of Women, Pudgy Penguins, Doodles and BanklessDAO, Collab.Land is a service that enables token-gated spaces. Collab.Land verifies and confirms whether a wallet possesses a certain NFT or token before granting the address access to a given community.

    Collab.Land token holders can participate in the DAO’s governance process as well as curate and review applications submitted to Collab.Land’s upcoming marketplace, which will allow developers explore new tools beyond on-chain asset verification and token gating.

    “This distribution is just the beginning. We are working towards creating a positive sum future where developers, creators and members share in the value of the network they are building together,” said James Young, CEO of Abridged, makers of Collab.Land.

    Four parties will be eligible to take part in the retroactive distribution of COLLAB including verified community members on Discord or Telegram, Collab.Land’s top 100 Discord communities, Collab.Land Patron NFT holders and Collab.Land Membership NFT holders.

    The retroactive distribution of COLLAB makes up 25% of the total supply, while the DAO Treasury will hold 50%. Collab.Land’s core team, investors and partners will hold the remaining 25% of the total supply, according to Collab.Land’s website.


    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

    Sage D. Young

    Sage D. Young was a tech protocol reporter at CoinDesk. He owns a few NFTs, gold and silver, as well as BTC, ETH, LINK, AAVE, ARB, PEOPLE, DOGE, OS, and HTR.

    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.

    Read more about