The post Namada Unveils 65 M $NAM RPGF Airdrop For Contributors appeared on BitcoinEthereumNews.com.

Asset-agnostic multichain privacy blockchain, Namada 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.  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.  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: “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.” 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…

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Filed under: News - @ December 9, 2023 7:24 am