BTC PULSE
  • News
    • Altcoins
    • Blockchain
    • Bitcoin
    • Ethereum
    • NFT
    • Regulation
    • WEB 3.0
  • Price Prediction
  • Learn
  • Events
  • Advertise
No Result
View All Result
Play Now
  • News
    • Altcoins
    • Blockchain
    • Bitcoin
    • Ethereum
    • NFT
    • Regulation
    • WEB 3.0
  • Price Prediction
  • Learn
  • Events
  • Advertise
No Result
View All Result
BTC PULSE
No Result
View All Result
Play Now
Home Blockchain

Optimism Warns Against Fake “Airdrops” as it Allocates 10 Million OP for Developments

by Chiwuike Owunwa
Jan 18, 2023 - 12:00 am
in Blockchain
Optimism Warns Against Fake "Airdrops" as it Allocates 10 Million OP for Developments

On the 17th of January 2023, Optimism warned the general public to be skeptical of fake news relating to OP Airdrop, that isn’t from their official handles.

⚠️ Be aware: Optimism has not released any news relating to OP Airdrop #2. ⚠️

Always be skeptical of any and all information from accounts other than @optimismFND, @OptimismGov, and @OPLabsPBC.

— Optimism (@Optimism) January 17, 2023

In the early weeks of December 2022, Optimism announced its second round of Retroactive Public Goods Funding. Retro PGF 2 will allocate 10m OP tokens to fund public goods that support the development and usage of the OP Stack.

Although they warned that no news concerning OP Airdrop has been released yet and people should not trust any and all information from accounts other than @optimismFND, @OptimismGov, and @OPLabsPBC.

Retroactive public goods funding or RetroPGF is Optimism’s solution to fixing the problem of misaligned incentives in software development. It functions to continue to bring better developer tooling, widespread user education, safer infrastructure, and industry-leading research to the network through the funding of public goods.

Its vision is to build a global system where a positive impact on the collective is rewarded by profit to the individual. Retro PGF is an experimental mechanism to find positive impact.

The OP Stack is a series of modules that work together to form coherent, reliable blockchains. Each of these components implements a specific layer of the stack which enables developers to build their own bespoke, custom blockchains to meet their specific needs.

Bringing the OP Stack to a broader market is an important initiative for Optimism to drive Web3 mass adoption. And that’s why the funding focuses on OP Stack.

The comprehensive Retro PGF document explains three categories in which developers can decide to partake of.

One, infrastructure + dependencies comprising software used to build or deploy the OP Stack or contribute to the protocols or standards on which the OP stack depends.

Two, tooling + utilities which helps builders create applications on Optimism mainnet, build on the OP Stack, interact with the governance of the Collective, or use applications built on Optimism.

And finally, education which functions to spread awareness and knowledge of how Optimism works, whether technically or socially.

It is no secret that the beginning phase of kicking off a project is extraordinarily difficult. The majority of startups don’t make it to any kind of exit, and it’s even harder for FOSS projects. RetroPGF 2 focuses on a narrow, Optimism-specific scope of impact to drive the core engine for ecosystem growth.

Hopefully, this scope will be expanded In the near future.

Tags: Optimism
Chiwuike Owunwa

Chiwuike Owunwa

Chiwuike is a frontend programmer and writer with 3 years experience in the Web3. He's meticulous researcher, enthusiastic about Blockchain and the future of crypto, DeFi, and the Metaverse.

Related Posts

Crypto traders favoring Europe’s MiCA regulation over US uncertainty

Despite Trump’s Support, Crypto Firms Flock to MiCA Over US Regulations

June 22, 2025

Europe draws crypto momentum under MiCA, while US retail interest falls despite Trump’s backing and lack of clear...

creenshot of fake CoinBridge crypto exchange linked to $860K scam

Florida Investor Scammed Out of $860K by Crypto Trading ‘School’ and Fake Exchange

June 22, 2025

Fake crypto school and exchange scammed a Florida man out of $860K through fake trade signals and phantom...

Young South Korean man trading cryptocurrency on a laptop in a small apartment

South Korean Youth Turn to Crypto Amid Economic Desperation

June 20, 2025

South Korea’s youth are embracing crypto not for belief in blockchain, but due to rising housing costs and...

AgriFORCE's Bitcoin mining site in Alberta powered by stranded natural gas

AgriFORCE Powers 120 Bitcoin Mining Rigs With Stranded Natural Gas in Alberta

June 19, 2025

AgriFORCE powers 120 Bitcoin miners with stranded gas in Alberta, eyes two more sites. It may keep 50%...

Press Releases

image2

Could XYZVerse Overtake DOGE and SHIB? Analysts Say $0.003333 Could Explode to $10!

March 30, 2025

XYZVerse aims to outpace DOGE and SHIB, with bold $10 price goals, strong community rewards, and rising demand as it...

image1 1

Massive Institutional BTC Buys Could Launch the Next Bull Market: 5 Altcoins to Watch

March 29, 2025

Institutional Bitcoin buys may trigger a market surge. Five altcoins, including $XYZ, stand to gain—early investors could see major ROI...

image1

XRP Faces Strong Resistance While XYZVerse Gains Early Investor Attention With 10 Billion $XYZ Airdrop

March 28, 2025

XRP struggles at resistance, while XYZVerse grabs early investor attention with a 10B token airdrop and rapid growth toward a...

BTC

Popular Memecoin MEW Pledges $10,000 to Pasadena Humane Organization to Aid Animals Affected by California Wildfires

January 20, 2025

MEW memecoin donates $10K to Pasadena Humane for wildfire-affected animals. Join the mission to aid pets and wildlife in crisis...

View All
BTC-Pulse LogoTransparent

© 2024 BTC-PULSE. Disclaimer: The content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.

News

  • Altcoins
  • Bitcoin
  • Ethereum
  • NFT
  • Regulation
  • WEB 3.0

Info

  • Learn
  • Price Prediction
  • Events
  • Press Releases
  • Sitemap

Company

  • About Us
  • Terms of Service
  • Privacy Policy
  • Contact Us
  • Advertise

©2024 BTC-PULSE – All right Reserved.

No Result
View All Result
  • News
    • Altcoins
    • Blockchain
    • Bitcoin
    • Ethereum
    • NFT
    • Regulation
    • WEB 3.0
  • Price Prediction
  • Learn
  • Events
  • Advertise