• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

New Proposal Sparks Debate in Crypto Community

user avatar

by Giorgi Kostiuk

2 years ago


New Proposal Sparks Debate in Crypto Community

A recent controversial proposal has stirred discussions within the cryptocurrency community. The topic under scrutiny involves Arbitrum's (ARB) Reputation NFTs potentially enabling retroactive airdrops in the future.

ArbitrumDAO has unveiled its innovative Reputation NFTs system, set to be implemented on the Arbitrum (ARB) platform in the near future. TogetherCrew experts have been granted the opportunity by ArbitrumDAO to explore this new system. This announcement was made public on Arbitrum's primary community platform by Daniel Ospina from RnDAO.

RnDAO has incubated TogetherCrew to develop a mechanism that assesses and validates the genuine social media engagement of Arbitrum (ARB) supporters. Contributors will generate nontransferable NFTs at no cost using the TogetherCrew UI to create Reputation NFTs.

The algorithm embedded in the system will scrutinize discussions and construct social connectivity graphs, determining the level of community engagement of individuals. This strategy, resistant to Sybil attacks, can be utilized for incentivization, as a verifiable membership credential, and more.

The grant request highlights Discord, Discourse, Telegram, and Github as potential platforms for scrutiny within the mechanism. However, the finalized list of eligible social media platforms remains undisclosed.

Massive Gaming Catalyst Program Launched by Arbitrum (ARB)

Arbitrum (ARB) recently initiated an extensive Gaming Catalyst Program with an investment of $210,000,000. While the project is financially supported through grants, the precise timeline for its activation has not been revealed yet. The platform that powers Arbitrum's Reputation NFTs has already implemented similar systems for Aave and other key players in the crypto sphere.

The Arbitrum (ARB) community approved the launch of a colossal gaming-focused initiative, distributing 225 million ARB tokens to the newly established Gaming Catalyst Program (GCP). The primary objective of this program is the accelerated adoption of Arbitrum (ARB), the L3 development framework Orbit, and the language-neutral SDK Stylus in the realms of Play-to-Earn and GameFi.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Major Online Investment Fraud Cartel Dismantled in Karachi

chest

Pakistani authorities dismantled an international online investment fraud cartel, arresting 34 individuals, including 15 foreign nationals. The operation revealed significant scams exploiting social media, amid a rise in cybercrime.

user avatarLuis Flores

Expert Predicts Unprecedented Wealth for XRP Holders

chest

An expert predicts that XRP holders could achieve unprecedented wealth, potentially reaching millionaire or billionaire status.

user avatarArif Mukhtar

XRP: A More Reliable Reserve Currency than Bitcoin, Claims Expert

chest

Joshua Dalton argues that XRP is a more reliable reserve currency for the US than Bitcoin due to Bitcoin's unknown creator and potential control by China, positioning XRP as a strategically valuable asset for economic stability.

user avatarMaria Gutierrez

Upcoming XRPL Lending Protocol Set to Transform On-Ledger Lending

chest

Ripple plans to launch a new XRPL Lending Protocol by 2026, designed for institutional lending with fixed-term and fixed-rate options.

user avatarDavid Robinson

Pi Network Struggles with Declining Volume and Bearish Outlook

chest

The Pi Network is facing challenges with a 10% decrease in trading volume and bearish sentiment among investors, leading to a mixed outlook for its future value.

user avatarAndrew Smith

US Proposes Joint Operation of Zaporizhzhia Nuclear Power Plant

chest

The US has proposed a joint operation of the Zaporizhzhia Nuclear Power Plant involving Russia, the US, and Ukraine to build trust and ensure safety.

user avatarJacob Williams

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.