• 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

Analyst Identifies Key Resistance and Support Levels for Bitcoin

chest

Crypto analyst Behdark identifies key resistance and support levels for Bitcoin price.

user avatarTando Nkube

Solana Price Decline Continues Below Key Levels

chest

Solana's price has failed to stabilize above 90, leading to a decline below 85 and further losses.

user avatarKofi Adjeman

Crypto Market Experiences Dip Following Iran's Closure of Strait of Hormuz

chest

The cryptocurrency market faced a decline after Iran announced the closure of the Strait of Hormuz, impacting digital asset prices.

user avatarNguyen Van Long

Michael Saylor's Strategy Plans Major Bitcoin Acquisition

chest

Michael Saylor's company, Strategy, is preparing for a significant Bitcoin purchase, potentially exceeding previous acquisitions.

user avatarSatoshi Nakamura

Bitcoin Mining Sector Faces Critical Health Metrics

chest

The Bitcoin mining sector is facing critical health metrics, indicating potential challenges for miners.

user avatarJesper Sørensen

Proposed Clarity Act Aims to Enhance XRP Adoption

chest

The proposed Clarity Act aims to define rules around crypto assets, potentially accelerating XRP's adoption.

user avatarLucas Weissmann

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.