A new proposal has already caused a lot of controversy in the cryptocurrency community. Crypto Twitter is discussing whether Arbitrum’s (ARB) Reputation NFTs can be used to claim retroactive airdrops in the future.
ArbitrumDAO Introduces Reputation NFTs: Here’s How They Work
The Reputation NFT system could soon go live on Arbitrum (ARB), as TogetherCrew analysts received a matching grant from ArbitrumDAO. This statement was shared on Arbitrum’s main community forum by Daniel Ospina of RnDAO.
join us 🙂
I’ll share some of the ways we’re approaching this in @RnDAO__ and also the Dynamic Reputation NFTs we’re working on at @together_crew (in partnership with @arbitrum and @SnapshotLabs) to offer board rewards and more 🙂 https:// t. co/9DSwu4Zw2m— Daniel Ospina (@_Daniel_Ospina) May 6, 2024
TogetherCrew, incubated by RnDAO, will build a system that measures and verifies the real social media activity of this or that Arbitrum (ARB) enthusiast.
The Reputation NFTs are created by contributors who create a non-transferable NFT (for free) through the TogetherCrew user interface.
The algorithm analyzes conversations and maps social graphs. They will in turn be used to calculate how much context someone has about the community. This is a Sybil-resistant approach that can be used for rewards, as a portable ID (proof of membership/participation), etc.
The grant request 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 yet to be announced.
$210,000,000: Arbitrum (ARB) Launches Major Gaming Catalyst Program
Although the project is entirely funded through grants, the exact timeline of its activation has not yet been revealed. The platform behind Arbitrum’s Reputation NFTs has already created these systems for Aave and other players in the crypto market.
Yesterday, the Arbitrum (ARB) community greenlighted 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 aimed at the “immediate” adoption of Arbitrum (ARB), the L3 development framework Orbit and the language-independent SDK Stylus in the Play-to-Earn and GameFi segments.