Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
The Anoma Foundation, the organisation behind asset-agnostic privacy blockchain Namada, has launched its Retroactive Public Goods Funding (RPGF) airdrop program, targeting 65 million $NAM tokens for early participants.
Zcash, Cosmos and Rust communities among other participants eligible
The airdrop, which accounts for 6.5% of the total supply of $NAM, is live and will be open till December 28, 2023. According to Namada, over 200 public goods builders including developers, researchers, on-chain account holders and contributors are eligible for the RPGF.
“Namada is built on public goods that wouldn’t exist without the communities across Zcash, Rust, ZKP, interchain, Cosmos, and PGF ecosystems,” the Anoma Foundation posted on X.
These groups have worked and helped shape the IBC-based multi-asset blockchain’s development, with input across privacy, zero knowledge proofs, tooling and other areas.
Among those to benefit from the airdrop are 7,094 researchers and developers and 191,715 on-chain accounts and BadKids NFTs holders. Over 2,500 contributors of the Namada Trusted Setup will also participate alongside other early Namada communities and stakeholders.
Eligible participants are expected to submit their Namada genesis accounts, which will be included in Anoma Foundation’s genesis block proposal. $NAM allocations will be available directly in participants’ accounts when the Namada mainnet goes live.
Eligible participants can use the latest Namada Extension available on @googlechrome and @firefox to generate pre-genesis accounts and submit them to complete the claim process
More info: https://t.co/gKFLMdj1Jl pic.twitter.com/w8N7fRbYjG
— Namada (@namada) December 7, 2023
Namada proposed the first ever shielded airdrop for the Zcash community in April this year and launched a Community Builders Program with 10 million $NAM in October.
The layer-1 proof-of-stake blockchain’s incentive program was aimed at accelerating the adoption of privacy solutions across public blockchains.
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.