Nfts
ArbitrumDAO discusses reputation NFTs, here are the criteria
Vladislav Sopov
A brand new mechanism will reward cryptocurrency enthusiasts for their activity on public social networks
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A new proposal has already sparked a lot of controversy within the cryptocurrency community. Crypto Twitter is discussing whether Arbitrum Reputation (ARB) NFTs can be used to claim retroactive airdrops in the future.
ArbitrumDAO Introduces Reputation NFTs: Here’s How They Work
The Reputation NFT system may soon go live on Arbitrum (ARB), as TogetherCrew analysts have received a matching 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 enthusiast (ARB).
Reputation NFTs will be created by contributors creating (for free) a non-transferable NFT through the TogetherCrew user interface.
The algorithm will analyze conversations and map social graphs. They will in turn be used to calculate the context a person has about the community. This is a Sybil-resistant approach that can be used for rewards, as a portable identifier (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 disclosed.
$210,000,000: Arbitrum (ARB) launches extensive Gaming Catalyst program
Although the project is entirely funded by grants, the exact timeline for its activation has not yet been revealed. The platform behind Arbitrum reputation NFTs has already created these systems for Aave and other crypto market participants.
Yesterday, the Arbitrum Community (ARB) gave the green light to the launch of a massive gaming-centric initiative. The project transferred 225 million ARB tokens to the new Gaming Catalyst Program (GCP).
The program focuses on “immediate” adoption of Arbitrum (ARB), its L3 Orbit development framework, and the language-agnostic Stylus SDK in the Play-to-Earn and GameFi segments.
About the Author
Vladislav Sopov
Blockchain analyst and writer with a scientific background. 6+ years in computer analysis, 3+ years in blockchain.
Worked in independent analyzes as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)