image with the CV Pad background featuring the Taiko logo

Taiko

$TAIKO

Taiko is an open-source, Ethereum-equivalent ZK-rollup scaling solution that boosts Ethereum's scalability and efficiency. It features the Taiko Bridge for asset transfers, a Swap feature for token trading, and the Hekla Explorer for transparency. TAIKO, the native token, is used for transaction fees, governance, and incentives.

Taiko Logo
Taiko Logo
NetworkTaiko Mainnet
Total Supply1B
Launchpad allocation$4M
Fundraise (hardcap)$4M
Initial Marketcap TGEN/A
Fully Diluted Marketcap TGEN/A
Launch Price$2
Total Raise$45,000
Min. allocation$250
Max. allocation$250
Tokens issued30,000 TAIKO
TGE distribution33%
CliffN/A
Vesting2 Months Linear Vesting

Welcome to the Taiko Early Birds Pool offered by CV Pad! Read below for more information about this exciting project.

Important Note: The public round is $2, and CV Pad independently offers users an exclusive bonus of 25% TAIKO tokens (the bonus is not affiliated to Taiko).

We are also rewarding the whitelisted users who created an account with us before the announcement of the project with 50 additional TAIKO tokens. Only the first 30 participants from this initial whitelisted pool will receive this prize. New users are not eligible for this bonus but will still enjoy the discounted rate.

Register on CV Pad to participate!

Project Overview

Taiko Labs is revolutionizing blockchain with its decentralized, Ethereum-equivalent ZK-EVM. Having secured $37 million in funding from premier investors such as Faction VC and Sequoia China, Taiko is dedicated to expanding Ethereum's capabilities while upholding its foundational principles of decentralization, permissionlessness, and security. The rollup protocol, launched on May 27, 2024, leverages Ethereum’s infrastructure, offering cost efficiency and robust security.

The Trailblazer incentive program and genesis airdrop exemplify Taiko’s commitment to community engagement, fostering active participation. With plans to transition control to a DAO, Taiko Labs is paving the way for the future of Ethereum scaling.

Key Features

  • Type 1 zkEVM: Achieves the highest level of compatibility with the Ethereum Virtual Machine (EVM), requiring zero code changes for developers.
  • Multi-Proof L2 Protocol: The only Layer 2 protocol featuring a multi-proof system, enhancing security and efficiency.
  • Based Contestable Rollup (BCR): Ensures security and cost efficiency through contestable proof mechanisms.
  • Based Booster Rollup (BBR): Enhances performance and scalability with an innovative rollup structure.
  • Ethereum Block Validators: Utilizes Ethereum block validators for transaction sequencing, maintaining decentralization and trust.
  • SGX Proofs Transition: Initially employs SGX proofs, transitioning to 50% zero-knowledge (ZK) proofs for improved scaling and security.

Traction

Funding Success

Taiko funds raised
Taiko funds raised
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Taiko has raised $37 million across three funding rounds, with top investors like Faction VC, Hashed, and Sequoia Capital. This substantial backing reflects strong investor confidence. Other investors include:

  • Token Bay Capital
  • Generative Ventures
  • Wintermute
  • Presto Labs
  • Flow Traders
  • Amber Group
  • OKX Ventures
  • GSR
  • WW Ventures
  • BAI Capital
  • GGV Capital
  • IOSG Ventures
  • KuCoin Ventures
  • Mirana
  • Skyland Ventures
  • Token Bay Capital
  • Yunqi Partners

Community Growth

Boasting over 1 million Discord users and 950k followers on X (Twitter), Taiko has one of the largest and most active communities in blockchain. Programs like the Trailblazer incentive and Genesis Airdrop engage and retroactively reward participants fueling the growth we are seeing.

Development Milestones

Since 2022, Taiko has hit significant milestones, most recently a successful mainnet launch on May 27, 2024. The inaugural block, proposed by Ethereum co-founder Vitalik Buterin, underscores its credibility.

Previously Taiko has gone through 7 test networks, each with increasing the technological complexity and testing by the thousands of users and developers supporting the core team. Now, Taiko’s Based Ethereum-equivalent ZK-EVM technology is quickly gaining traction, addressing key scalability and security issues.

Commenting on the Taiko project, Vitalik said "I'm excited to see that Taiko is launching as a based rollup. Ethereum benefits from L2s taking a plurality of different approaches, and I appreciate them being among the first to go in this direction."

Media Coverage:

Featured in 40+ news publications, including The Block, CoinDesk, and Crypto Briefing, Taiko is garnering significant media attention, a clear signal for traction in the market.

Github Activity

The Taiko GitHub organization has many repositories dedicated to blockchain and Ethereum technologies. We have summarized the key metrics and activities across its repositories.

Key Metrics

  • Total Repositories: 54
  • Total Stars: 31,472
  • Total Forks: 6,409
  • Total Issues: 180
  • Total Pull Requests: 195
  • GitHub contributors on main repo: +200

Primary Languages

  • Rust, TypeScript, Go, Solidity, JavaScript

Recent Activity

  • Most Active Repositories: taiko-mono, simple-taiko-node, website-v2, raiko, taiko-geth
  • Frequent Updates: Repositories have been updated as recently as minutes and hours ago, indicating ongoing and active development.

The Taiko GitHub organization shows strong activity and engagement across its 54 repositories. With a diverse set of programming languages and consistent updates, it is clear that the organization is dedicated to advancing blockchain and Ethereum technologies.

$TAIKO Token Utility

The $TAIKO token serves as the primary medium for transaction fees, governance, and incentivizing network participants.

  • Participation in governance.
  • Incentives for proposers and provers.
  • Transaction fees within the Taiko ecosystem.

Taiko's Business Case 

Taiko addresses Ethereum’s scalability issues by enhancing transaction throughput while reducing fees. The project aligns with the vision of Ethereum researchers, providing a robust Layer 2 solution that preserves decentralization and security. As Taiko continues to develop and attract high-quality projects, the demand for its $TAIKO token is expected to rise, driving its value and presenting a compelling investment opportunity.

Tokenomics Allocation

  • DAO Treasury: 22%
  • Guardian Prover Bonds: 2%
  • Grants & RetroPGF: 5%
  • Trailblazer Airdrop: 10%
  • Protocol Guild Airdrop: 1%
  • Genesis Airdrop: Up to 5%
  • Initial Liquidity & Market Making: 5%
  • Investors: 11.62%
  • Taiko Labs/Core Team: 20%
  • Taiko Foundation Reserve: 16.88%
  • Taiko Official Prover Bonds: 1.5%

Taiko Roadmap

  • Q1 2022: Taiko begins development.
  • December 2022: Launch of Alpha-1 Testnet.
  • March 2023: Expected launch of Alpha-2 Testnet.
  • May 2024: Mainnet launch with full ZK-EVM circuits and decentralized network.
  • June 2024: TAIKO TGE

Taiko is set to be a game-changer in the Ethereum ecosystem, offering a secure, decentralized, and scalable solution. With a strong development team and a clear roadmap, Taiko stands out as a leading Layer 2 solution, promising to enhance Ethereum’s efficiency and user experience.

Register on CV Pad to participate!

Terms and Conditions

This presentation is for informational purposes only and does not constitute an offer or solicitation to sell securities or tokens in any jurisdiction. This presentation does not constitute legal, financial, or investment advice. Any information contained in this presentation is subject to change without notice. Investing in cryptocurrencies and blockchain projects involves substantial risk. Potential investors should conduct their own research and seek professional advice before making any investment decisions. The value of cryptocurrencies can be highly volatile, and investors may lose all or a significant portion of their investment. The project described in this presentation may be subject to regulatory scrutiny in various jurisdictions, and the legal and regulatory status of cryptocurrencies and blockchain technology may change in the future. It is the responsibility of potential investors to ensure compliance with all applicable laws and regulations in their respective jurisdictions. The information provided in this presentation is based on the assumptions and opinions of the project team, and there can be no assurance that the project's goals and objectives will be achieved. Past performance is not indicative of future results, and no representation or warranty is made regarding the accuracy or completeness of the information contained herein. By accessing or using this presentation, you agree to release the project team, its affiliates, and its representatives from any and all liability associated with the use of this information. You should not rely solely on the information in this presentation when making investment decisions. This presentation may include forward-looking statements that are based on the project team's current beliefs and expectations. These statements involve risks and uncertainties that may cause actual results to differ materially from those expressed or implied in the forward-looking statements. Investors should be aware that the regulatory environment for cryptocurrencies and blockchain technology is evolving, and changes in regulations or enforcement actions could have a material impact on the project and its tokens.

This presentation is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation. It is the responsibility of potential investors to determine whether they are eligible to participate in the project based on their jurisdiction's laws and regulations.

By accepting this presentation, you acknowledge that you have read and understood this disclaimer and agree to be bound by its terms.