NFTs
ArbitrumDAO discusses reputation NFTs, here are the criteria
Vladislav Sopov
New mechanism will reward cryptocurrency enthusiasts for their activities on public social media channels
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A new proposal has already generated a lot of controversy in the cryptocurrency community. Crypto Twitter is discussing whether Arbitrum (ARB) Reputation NFTs can be used to claim retroactive airdrops in the future.
ArbitrumDAO Introduces Reputation NFTs: See How They Work
The Reputation NFT system may soon go live on Arbitrum (ARB) as TogetherCrew analysts have received a corresponding grant from ArbitrumDAO. This statement was shared on the main Arbitrum community forum by Daniel Ospina of RnDAO.
Incubated by RnDAO, TogetherCrew will build a system that measures and verifies the real activity on social networks of this or that Arbitrum (ARB) enthusiast.
Reputation NFTs will be created by contributors who mint (free of charge) a non-transferable NFT through the TogetherCrew UI.
The algorithm will analyze conversations and map social graphs. These, in turn, will be used to calculate how much context someone has in the community. This is a Sybil-resistant approach that can be used for rewards such as a portable credential (proof of membership/participation), etc.
The grant application mentioned Discord, Discourse, Telegram and Github as potential platforms to be analyzed by the mechanism, while the exact list of eligible social media platforms has not yet been released.
$210M: Arbitrum (ARB) Launches Massive Gaming Catalyst Program
Although the project is fully funded through donations, the exact timeline for its activation has not yet been released. The platform behind Arbitrum Reputation NFTs has already created such systems for Aave and other crypto market players.
Yesterday, the Arbitrum (ARB) community gave the green light to the launch of a massive gaming-centric initiative. The project transferred 225 million ARB tokens to the recently launched Gaming Catalyst Program (GCP).
The program is focused on the “immediate” adoption of Arbitrum (ARB), its language-independent L3 Orbit development framework and Stylus SDK in the Play-to-Earn and GameFi segments.
About the author
Vladislav Sopov
Blockchain analyst and writer with a scientific background. More than 6 years in IT analysis, more than 3 years in blockchain.
He worked on independent analyzes and also on start-ups (Swap.online, Monoreto, Attic Lab, etc.)