Vitalik Buterin Named the Goals of Airdrops

Ethereum co-founder Vitalik Buterin sees airdrops as “an interesting early use case for zero-knowledge proof technology” (ZK).

Airdrops are a fascinating initial use case for ZK / blockchain-based identity / credential / attestation frameworks. The goals of an airdrop are:

(i) distribute to community members [and not randos who will all immediately sell](ii) reward contributions to the project
(iii) be…

— vitalik.eth (@VitalikButerin) August 28, 2024

According to the expert, the distribution of tokens has several main goals. First of all, airdrops are intended to award tokens to real community members, not to random users interested in immediate sale of coins. In addition, the co-founder of Ethereum views this process as an attempt to reward participants for their contribution to the development of the project.

In addition, airdrops should establish some equality in the community, be egalitarian and resist the creation of multiple accounts (farming), the expert concluded.

One of the users objectedthat today the goals of airdrops are limited to creating hype around the project and then distributing 80% of the tokens among the team members. User identification solutions can fix some of the shortcomings, the expert answered.

Another participant askedwhich is the biggest obstacle to implementing Buterin’s approach without violating privacy.

Vitalik Buterin also added that developers do not necessarily have to give away tokens for free. For example, they can sell coins at a significant discount. The size of this discount, as well as the number of available tokens, may depend on the contribution made by the community member to the development of the project.

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