Currencies34739
Market Cap$ 4.11T+1.68%
24h Spot Volume$ 64.36B-8.11%
DominanceBTC54.38%-0.78%ETH13.14%+1.56%
ETH Gas1.51 Gwei
Cryptorank

Buterin’s Take on Airdrops: A Use Case for Blockchain Identity


by CoinEdition
Vitalik Buterin Reveals Airdrops as the Future of Fair Token Distribution
  • Vitalik Buterin sees Airdrops as key to testing blockchain identity systems, ensuring tokens reach real community members.
  • The Ethereum founder advocates rewarding meaningful contributions through blockchain identity frameworks for fairer token distribution.
  • Discounted token sales can drive genuine participation, ensuring buyers have a vested interest, says Buterin.

Ethereum founder Vitalik Buterin suggests using airdrops — the free distribution of tokens — to test blockchain-based identity systems. These systems can ensure tokens go to real community members, reward project contributors, maintain fairness, and prevent exploitation. He also proposes selling tokens at a discount to valuable contributors as another way to distribute tokens more evenly, making sure buyers have a real stake in the project’s success.

The post Buterin’s Take on Airdrops: A Use Case for Blockchain Identity appeared first on Coin Edition.

Read the article at CoinEdition

Read More

ArbitrumDAO Incentivizes DeFi Growth With 24M ARB Token Rollout

ArbitrumDAO Incentivizes DeFi Growth With 24M ARB Token Rollout

Season one of the DAO's $40 million DeFi Renaissance Incentive Program (DRIP), is aim...
Ethereum (ETH) Price Prediction: Foundation Sale Sparks Market Debate

Ethereum (ETH) Price Prediction: Foundation Sale Sparks Market Debate

Ethereum price today is trading at $4,333, consolidating near the lower end of its de...

Buterin’s Take on Airdrops: A Use Case for Blockchain Identity


by CoinEdition
Vitalik Buterin Reveals Airdrops as the Future of Fair Token Distribution
  • Vitalik Buterin sees Airdrops as key to testing blockchain identity systems, ensuring tokens reach real community members.
  • The Ethereum founder advocates rewarding meaningful contributions through blockchain identity frameworks for fairer token distribution.
  • Discounted token sales can drive genuine participation, ensuring buyers have a vested interest, says Buterin.

Ethereum founder Vitalik Buterin suggests using airdrops — the free distribution of tokens — to test blockchain-based identity systems. These systems can ensure tokens go to real community members, reward project contributors, maintain fairness, and prevent exploitation. He also proposes selling tokens at a discount to valuable contributors as another way to distribute tokens more evenly, making sure buyers have a real stake in the project’s success.

The post Buterin’s Take on Airdrops: A Use Case for Blockchain Identity appeared first on Coin Edition.

Read the article at CoinEdition

Read More

ArbitrumDAO Incentivizes DeFi Growth With 24M ARB Token Rollout

ArbitrumDAO Incentivizes DeFi Growth With 24M ARB Token Rollout

Season one of the DAO's $40 million DeFi Renaissance Incentive Program (DRIP), is aim...
Ethereum (ETH) Price Prediction: Foundation Sale Sparks Market Debate

Ethereum (ETH) Price Prediction: Foundation Sale Sparks Market Debate

Ethereum price today is trading at $4,333, consolidating near the lower end of its de...