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Ethereum Co-Founder Vitalik Buterin See encryption Airdrop As a promising early use case for blockchain-based identity frameworks.
In an August 28 post on X, Buterin outlined the goals of the airdrop as distributing tokens to real community members, rewarding project contributions, and ensuring fairness. He suggested that projects could benefit ZK– Develop identity-based, accreditation-based and authentication frameworks to achieve these goals.
he Confirmed:
“We can actually use all the identity/credential/proofing solutions that identity experts have been working on for the past five years to… actually… [have] “Good token distributions.”
Buterin Added Current identity projects such as Worldcoin It may be necessary to incorporate community membership proofs because crypto projects aim to reward compliant community members, not just random individuals.
Buterin’s idea comes at a crucial time as cryptocurrency airdrops face a major blow Growing controversyMany participants try to game the system by using multiple wallets to raise funds via airdrops, often with profitable results.
This has prompted projects to tighten their distribution methods to filter out farmers who distribute aid by air. However, these measures can sometimes lead to Impact on real users.
Discounted sales
Buterin also suggested that the same framework could be used for discounted token sales. He explained that an individual’s level of community membership or contributions could determine how many tokens they could purchase at a discounted price.
He noted that this approach would help distribute the supply more fairly, reward non-financial shareholders, and ensure that buyers get a stake in the project.
Buterin commented:
“Any technique that works for airdrops also works for debits. A related concept is to subsidize savings rates for small accounts as an alternative to universal basic income. Singapore’s Central Provident Fund already does something similar.”
However, one of the founders of Ethereum admitted that his idea may face challenges in implementation. According to him:
“I don’t think there is a single solution to this problem, I think it’s a multi-factor problem that will evolve over time. It’s an inherently difficult problem, but it’s also a very rewarding one, because if we can solve it, then that solution can be naturally exported to reward all kinds of unpaid labor currently in our economy across humanity.”
