Bankless

Introducing: The Optimism Collective & $OP Airdrop #1

Apr 27, 2022
Discover the exciting launch of the Optimism token and its first airdrop. The discussion highlights a unique governance model balancing token holders and community voices. Explore the transformative potential of Layer 2 solutions and their role in decentralizing the Ethereum ecosystem. Learn about innovative token distribution strategies designed to engage diverse users. Delve into visionary ideas for future governance and the importance of retroactive public goods funding in creating an inclusive crypto landscape.
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INSIGHT

Unprecedented Moment in Ethereum

  • Ethereum's migration to L2s allows for designing new human coordination systems.
  • This changes the game theory and offers an opportunity to reinvent participation.
INSIGHT

Avoid Recreating Web2 Incentives

  • Web2 incentives, accruing power and revenue centrally, should not be replicated in Web3.
  • Web3 has the potential to reimagine these systems but faces centralization pressures.
ANECDOTE

Declaration of Cyberspace

  • Carl recounts John Perry Barlow's "Declaration of Independence of Cyberspace."
  • He highlights the internet's potential for decentralization and Barlow's warning against recreating old power structures.
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