• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Arbitrum plans to launch a token

Arbitrum plans to launch a token

user avatar

by dapp_writer005

4 years ago


Arbitrum – one of the most popular Layer 2 (L2) solutions for Ethereum. The project community began to discuss the possible release of tokens in the near future (end of 2022 - beginning of 2023).

The rumors about the token came just weeks after Abritrum developer OffChain Labs bought Prysm’s Ethereum client creator, Prysmatic Labs. The financial details of the deal were not disclosed, but OffChain Labs said that the parties are already working on some innovations.

Analyst Miles Deutscher was the first to talk about this innovation on his Twitter. He simply expressed his opinion without referring to other sources. Deutscher noted that the token could be designated ARBI or ARB. In order to take part in the distribution of future tokens, the analyst recommends Arbitrum participants to link their tokens through a cross-chain bridge. It is not clear how many bonus tokens will be given away via airdrop. 

Recently it became known that Meta is adding the NFT trading function through Instagram.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other articles

Kenshi (KNS): How Deep Index, Blockchain Oracles, and Web3 Data Infrastructure Work

chest

Learn what Kenshi is, how Deep Index, Web3 data pipelines, and the KNS token work, and what role the project plays in the blockchain infrastructure ecosystem.

user avatarElena Ryabokon

Prop-AMM on Solana: Proprietary Market Makers and Coinbase Ventures’ View on the Future of Liquidity

chest

Learn what Prop-AMM is, how proprietary market makers operate on Solana, why Coinbase Ventures highlights this narrative, and how it is reshaping the DeFi landscape.

user avatarElena Ryabokon

Fableborne Season 4 Explained: New Heroes, Guild Features, POWER, and the Evolution of a Ronin Web3 Game

chest

Learn what’s new in Fableborne Season 4, how Guild Wars, the POWER token, and NFTs work, and why the game remains a standout project within the Ronin ecosystem.

user avatarElena Ryabokon

The Beacon and Goblin’s Gambit Season Explained: Gameplay, Treasure DAO, and the Future of Web3 Gaming

chest

Learn about The Beacon, Goblin’s Gambit Season, Treasure DAO, and how the project combines roguelite gameplay, digital ownership, and Web3 gaming infrastructure.

user avatarElena Ryabokon

Proof-of-Physical-Work (PoPW) and DePAI Explained: The Future of Decentralized AI, DePIN, and Physical Infrastructure

chest

Learn what Proof-of-Physical-Work and DePAI are, how decentralized AI networks and autonomous agents operate, and why these narratives are becoming an important part of the future of Web3.

user avatarElena Ryabokon

Hivemapper (HONEY) Explained: How a Decentralized Mapping Platform Uses DePIN and Solana

chest

Learn what Hivemapper is, how its DePIN mapping network works, the role of the HONEY token, and why decentralized geospatial data is becoming important in the Solana ecosystem.

user avatarElena Ryabokon

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.