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Home»Blockchain»Anoma announces Namada Community Builders Program with rewards
Blockchain

Anoma announces Namada Community Builders Program with rewards

2023-10-19No Comments2 Mins Read
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The Anoma Foundation, a charitable organization that focuses on blockchain technology, made an announcement on October 19 about the introduction of a Community Builders Program for Namada, a multichain privacy protocol.

The aim of the program is to hasten the adoption of greater privacy features in public blockchain systems, according to the most recent information that Finbold has received.

By using zero-knowledge encryption across a number of different blockchains, Namada offers anonymity that is independent of the underlying assets. The Namada Community Builders Program pulls together a network of people and groups in order to construct a gateway that bridges the gap between the public and private digital spheres.

Participants in the program have the chance to work together, share information, and make meaningful contributions to the advancement of digital privacy.

Anoma Foundation plans to reward contributors

The Anoma Foundation intends to incentivize and reward the contributions of Community Builders by giving 10,000,000 NAM tokens solely to selected participants in Namada’s Community Builders Program to encourage and recognize their efforts.

The Anoma Foundation will Allocate 10 Million NAM Tokens to Reward Early Community Builders and Validators in Namada RPGF Round 🛠️

🟡 Initiative Overview
This RPGF round serves as a mechanism to honor early contributors and validators who have played a significant role in… pic.twitter.com/hPudsO3a98

— Namada (@namada) October 19, 2023

After the conclusion of the Retroactive Public Goods Funding (RPGF) Round, the information on the allocation of NAM tokens will be encoded into the genesis block of the Namada blockchain.

Between November 20 and 26, the Namada community will vote on who deserves recognition and compensation for their contributions to the project’s early stages as part of the Community Builder RPGF Round.

See also  Biggest Crypto Hack of the Year: Mixin Network Announces $200,000,000 Exploit

The privacy-enhancing activities that Namada supports are funded via a number of different channels. Public Goods Funding (PGF) enables governance-elected stewards to support public goods across multiple domains, and it includes Shielded Set Rewards, a kind of Continuous Public Goods Funding (CPGF).

Finally, participants in the Community Builders Program are also encouraged to follow Namada on Twitter and join the Namada Discord Server in addition to submitting the Community Builder Form.

Announces Anoma Builders Community Namada Program rewards
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