Arbitrum Announces DAO Air Drop Rules

According to reports, Arbitrum has announced the DAO air drop rules, stating that one of the core principles of air drop is to reach the sub community of Arbitrum. Only projects with DAO and community coffers on Arbitrum are eligible to participate in this distribution, with the exception of the collective Protocol Guild, which includes core Ethereum developers and contributors.

Interpretation of this information:

Arbitrum, a layer two scaling solution for Ethereum, has recently announced its DAO air drop rules. The air drop is considered as one of the effective ways to distribute tokens quickly and efficiently to a vast number of people. Arbitrum has ensured that the distribution of the DAO air drop is done in a way that is equitable and transparent to the sub-community of Arbitrum.

The announcement states that only projects with DAO and community coffers on Arbitrum are qualified to take part in this air drop. This condition would require the projects to have a functional decentralized autonomous organization (DAO) in place and a community fund held within the Arbitrum ecosystem. This requirement ensures that the token distribution reaches the participants who are invested in the platform’s growth and development.

There is, however, an exception to the above condition. The collective Protocol Guild, which includes core Ethereum developers and contributors, is permitted to participate in the air drop. The Protocol Guild is an autonomous and decentralized entity, aiming to build a better ecosystem for Ethereum.

This announcement demonstrates that Arbitrum is serious about providing opportunity and support to the participants who have actively contributed to the development of the ecosystem through the DAO and community coffers. The focus is on fair distribution, and only eligible projects will have access to this air drop.

The three keywords that summarize the content are Arbitrum, DAO, and community fund. Arbitrum is a layer two scaling solution for Ethereum, whereas DAO and community coffers are the prerequisites for qualifying for the air drop. The Protocol Guild’s exception highlights the importance of decentralization and collaboration in building a better ecosystem for Ethereum.

In conclusion, the announcement of the DAO air drop rules by Arbitrum highlights the importance of fair distribution, active contribution, and decentralized collaboration in building a vibrant blockchain ecosystem. It is an indication that the industry is evolving and maturing, with community growth and support at the forefront.