• 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

ADP Employment Report to Kick Off Key Labor Market Week

chest

The ADP National Employment Report will be released on January 7, 2025, providing insights into the private-sector labor market and measuring monthly changes in employment.

user avatarAndrew Smith

Initial Jobless Claims Report Set for January 8, 2025

chest

The US Department of Labor will release the Initial Jobless Claims report on January 8, 2025, providing a timely assessment of labor market conditions.

user avatarJacob Williams

Snek: A Cult-Favorite Meme Coin with Serious Potential

chest

Snek is a meme coin inspired by a popular internet meme of a snake, with a strong following and potential for growth in 2025.

user avatarAyman Ben Youssef

Fluctuating Market Conditions Impact Ethena's Trading Volume

chest

Fluctuating market conditions are impacting Ethena's trading volume and price stability, with a total value locked in DeFi around 649 billion and a 24-hour trading volume of 160.76 million.

user avatarZainab Kamara

Pudgy Penguins: A Meme Coin with a Growing NFT Ecosystem

chest

Pudgy Penguins started as a meme coin but quickly evolved into a full-fledged NFT project with a loyal community.

user avatarKofi Adjeman

Cheems Coin: A Fun, Meme-Driven Investment

chest

Cheems Coin, inspired by the Cheems meme, has captured the hearts of meme coin enthusiasts with its lighthearted nature.

user avatarSon Min-ho

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.