Bankless

ROLLUP: OpenSea Arrest | Optimism OP Airdrop | Kanye West NFTs | OpenSea Arrest | Solana Halted | ETH 2.0 Merge | Velodrome

7 snips
Jun 3, 2022
The podcast dives into the arrest of a former OpenSea employee, highlighting the implications of insider trading in the crypto world. It explores the impending Ethereum merge and Kanye West's intriguing venture into NFTs. Listeners learn about the significant Optimism airdrop and its equitable distribution approach, alongside market dynamics featuring FTX's rapid rise. The discussion also touches on governance ethics in the crypto space and addresses the operational challenges facing Solana. Overall, it’s a lively exploration of evolving trends in digital assets.
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INSIGHT

Optimism Airdrop Distribution

  • Optimism airdrop is comparable in size to the Uniswap airdrop, reaching almost a quarter million addresses.
  • This wide distribution makes OP the second largest airdrop after Uniswap.
ANECDOTE

Web2 Bottleneck in Web3 Airdrop

  • The Optimism RPC endpoint, a Web2 component, got clogged due to high demand from token claimers.
  • Jing (Bankless) had to request more server power from Alchemy, illustrating Web3's dependence on Web2 infrastructure.
INSIGHT

Optimism Fee Revenue for Public Goods

  • The Optimism airdrop generates substantial fee revenue on the Optimism Network.
  • These fees will be used for retroactive public goods funding, aligning incentives for users and the ecosystem.
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