Share this article
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.
Updated May 9, 2023, 4:08 a.m. Published Feb 23, 2023, 2:48 p.m.
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).
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
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.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Turkey's Paribu Buys CoinMENA in $240M Deal, Expanding Into High-Growth Crypto Markets
With the acquisition, Paribu gains regulatory foothold in Bahrain and Dubai and access to the region's fast-growing crypto user base.
What to know:
- Paribu acquires Bahrain- and Dubai-based CoinMENA for up to $240 million.
- Deal marks Turkey’s biggest fintech acquisition and first international crypto M&A, the firm said.
- The move taps into the MENA region’s fast-growing crypto user base and supportive regulatory hubs.
Top Stories
