• 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

Bitcoin Shows Signs of Short-Term Rebound Amid Ongoing Market Analysis

chest

Bitcoin shows signs of short-term rebound with increased buying momentum and liquid supply on Binance.

user avatarDiego Alvarez

Ethereum Derivatives Market Contracts as Traders Respond to Global Pressures

chest

The Ethereum derivatives market is experiencing a significant decline as traders unwind leverage in response to macroeconomic and geopolitical pressures.

user avatarKenji Takahashi

David Schwartz Addresses XRP Ledger Transaction Control Speculation

chest

David Schwartz clarifies that valid transactions on the XRP Ledger cannot be blocked unless users agree to change the validity rules.

user avatarMaria Fernandez

UK Gambling Commission's Crypto Payment Review Linked to FCA's New Framework

chest

The UK Gambling Commission's potential move to allow cryptocurrency payments at licensed gambling venues is linked to the FCA's new oversight framework for cryptocurrencies.

user avatarGustavo Mendoza

UK Gambling Commission Explores Cryptocurrency Payments Amid Illegal Gambling Concerns

chest

The UK Gambling Commission is exploring the possibility of allowing cryptocurrency as a payment method for licensed online gambling platforms due to rising illegal gambling activities.

user avatarRajesh Kumar

Apple's Strategic Advantage in AI Amidst Market Challenges

chest

Jim Cramer highlights Apple's strategic advantage in the AI sector through its Google Gemini deal, despite concerns over stock performance.

user avatarMiguel Rodriguez

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.