Distribute COLLAB
Collab.Land, a user management platform for the NFT community, announced on the 17th its distribution plan for the governance token “COLLAB”. It will be airdropped to over 2 million users across the community that uses the tool.
Today, we are excited to announce the next phase of the https://t.co/kaQO2LirGJ ecosystem with the COLLAB token and DAO!
Feb. 23 token claim
+2MM eligible
No wallet signing, no gas!
Get ready to #COLABL https://t.co/gIs99nHici pic.twitter.com/b0pVu4pv0f
— Collab.Land (@Collab_Land_) February 16, 2023
Since Collab.Land can be directly integrated into communication tools such as Discord and Telegram, many NFT projects are using it for DAO (Distributed Autonomous Organization) operations. Discord allows users to manage user privileges, such as access to exclusive channels based on their holdings of NFTs and cryptocurrencies, through a method called “token gates.”
At the time of writing, over 43,000 tokenized communities (DAOs) are using Collab.Land, with over 8 million wallets connected. There are 23 supported blockchains, including Ethereum (ETH), Optimism (OP), Arbitrum, Flow (FLOW), Polygon (MATIC), and Solana (SOL). Be efficient.
COLLAB tokens will have 25% of their issuance allocated for the airdrop, targeting relevant NFT holders, verified members, and the top 100 communities.
Specifically, the top 100 communities will receive 15% of the total supply and will consider how to use the tokens in their respective DAOs. NFT collections included in the list include Parallel, Axie Infinity, NBA Top Shot, Aavegotchi, World of Women, Adidas, Pudgy Penguins, Doodles and BanklessDAO. The token application (claim) period is from February 23, 2011 to May 23, 2023.
connection:Blur, an electronic marketplace for NFTs for professional traders, becomes a unicorn with a $1 billion valuation: report
Adopt Optimism
Collab.Land chooses L2 blockchain Optimism for Ethereum as its token issuance and DAO operation platform. Based on the Optimism Collective, which employs a retroactive distribution model for protocol revenue, it hopes to contribute to the mass adoption of Layer 2.
What is the Optimism Collective?
An experimental digital governance initiative driven by OP token voting. Operated in accordance with “Retroactive Public Goods Funding” advocated by Vitalik Buterin. Emphasize “what has worked (past)” rather than “what will work (future)”.
Cryptocurrency Glossary
COLLAB Tokens are used in governance votes and proposals that determine the direction of Collab.Land’s operation and development. It is also used in the review process of applications submitted to the marketplace, which functions as a portal site for Web3 applications.
James Young, CEO of Collab.Land developer Abridged, said:
Distribution of COLLAB is just the beginning. We are working towards creating a positive future where developers, creators and members share the value of the network they are building together. Innovation, safety and security are paramount to our success and we are proud to lead that responsibility.
In 2023, as funds slowly return to the cryptocurrency market, the usage of Collab.Land is also increasing. February saw record bot installs, 25% above bull market levels. The number of verified community wallets has increased from over 6.6 million in October 2010 to 8.2 million today.
connection:Ethereum L2 “Optimism” Announces Operation Plan for Ecosystem Development Fund
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