Gitcoin

Stargaze

Zcash

Cosmos

Asset-agnostic multichain privacy blockchain,&nbsp;<a href="https://namada.net/" rel="noopener noreferrer nofollow">Namada</a> has announced the launch of its Retroactive Public Goods Funding (RPGF) program for developers, researchers, stakers and its community. The program aims to acknowledge and thank the community’s contributions by distributing 65 M $NAM tokens to contributors.&nbsp;
This airdrop aims to recognize the efforts made by the community in building and funding public goods on the blockchain in the fields of privacy, zero knowledge technology and more — without which, Namada wouldn’t be possible. A significant portion of the airdrop will go to developers and researchers working with Zcash, Rust, zero-knowledge proof, privacy and interchain systems on the platform.&nbsp;
According to the team’s statement, 7,094 researchers and developers, ​​191,715 on-chain accounts and Bad Kids NFT holders, and 2510 contributors in the Trusted Setup, held on Nov-Dec 2022 will be eligible for the rewards. These eligible accounts will have until 28 December 2024 to submit their Genesis Namada account on rpgfdrop.namada.net and claim their allocation.
Speaking on the distribution, Christopher Goes, co-founder of Namada, said:
<blockquote>
 "If we want to live in a flourishing world of public goods, we must design and use economic systems which support them not only in rhetoric but also in material compensation. Namada depends upon many public goods which have come before, and this RPGF drop is part of our attempt to give some ownership back to the creators and supporters of those goods and do our part in realising such a world."
</blockquote>
The RPGF program aims to reward six sets of contributors to the Namada blockchain who helped build and fund public goods on the blockchain. Developers of key Zcash infrastructure including wallets, cryptographic libraries, and ZIPs, as well as Rust developers who helped build the ecosystem, will receive a large portion of the airdrops. researchers on ZKPs, cryptography public goods funding (CPGF), privacy and learning are also eligible for the airdrop.&nbsp;
Other eligible participants include researchers and developers on interchain public goods, shielded ecosystem, and public goods funding mechanisms; the shielded community ($ATOM and $OSMO stakers) on Namada; Gitcoin donors of ZK Tech and Crypto Advocacy; and Namada trusted setup participants.&nbsp;
To be considered developers need to have submitted at least two commits on a wide number of GitHub repositories as of November 30 2023. Alternatively, researchers need to have posted at least once on the etheresear.ch forum in zk-s[nt]arks, Cryptography, and Privacy categories or at least 1 post on ethresear.ch on other eligible categories by November 30, 2023.&nbsp;
Other allocations to the community include researchers and developers who contributed to researching, building, and experimenting with alternative public goods funding mechanisms, such as quadratic funding, voting and RPGF programs. Additionally, Gitcoin donors Gitcoin donors who donated to ZK Tech projects in GG rounds 12, 13, 14, 15, and 17 and donors who donated to Advocacy in GG rounds 12, 14, 15, and 17 will also be rewarded on their Genesis Namada accounts.&nbsp;
Finally, the broader community of stakers in the Cosmos Hub or Osmosis, with at least $100 staked on these platforms will be eligible to claim rewards. Moreover, BadKids NFT holders on Stargaze will also be eligible for rewards. The snapshots for the staked accounts were taken on November 1 and that of BadKids NFTs were taken on November 14 this year.&nbsp;
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice

Namada Unveils 65 M $NAM RPGF Airdrop For Contributors

Crypto Daily™

Other articles published on Dec 7, 2023

This Year, the Number of ETFs Launched in the U.S. Approaches 500: Could Spot Bitcoin ETFs Be Inc...

European Central Bank report highlights the role of crypto

Montenegro Allegedly Intends to Extradite Do Kwon to the United States

Bitcoin Pullback Possible, but Upward Trend Remains Strong: Expert Trader

Shiba Inu: First Shibarium Hard Fork Is Completed; Here’s What New

Lugano Pioneers Bitcoin and USDT Payments for Municipal Services

Join our free newsletter for daily crypto updates!