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Namada Will Airdrop 65 Million NAM Tokens

Namada unveils its RPGF airdrop with 65M $NAM

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Written on Dec 7, 2023
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  • Namada says the airdrop will run up to December 28, 2023 and benefit over 200,000 participants.
  • The 65 million $NAM account for 6.5% of the token's total supply.
  • Eligible paticipants include developers, researchers and on-chain account holders.

The Anoma Foundation, the organisation behind asset-agnostic privacy blockchain Namada, has launched its Retroactive Public Goods Funding (RPGF) airdrop program, targeting 65 million $NAM tokens for early participants.

Zcash, Cosmos and Rust communities among other participants eligible

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The airdrop, which accounts for 6.5% of the total supply of $NAM, is live and will be open till December 28, 2023. According to Namada, over 200 public goods builders including developers, researchers, on-chain account holders and contributors are eligible for the RPGF.

“Namada is built on public goods that wouldn’t exist without the communities across Zcash, Rust, ZKP, interchain, Cosmos, and PGF ecosystems,” the Anoma Foundation posted on X.

These groups have worked and helped shape the IBC-based multi-asset blockchain’s development, with input across privacy, zero knowledge proofs, tooling and other areas. 

Among those to benefit from the airdrop are 7,094 researchers and developers and ​​191,715 on-chain accounts and BadKids NFTs holders. Over 2,500 contributors of the Namada Trusted Setup will also participate alongside other early Namada communities and stakeholders.

Eligible participants are expected to submit their Namada genesis accounts, which will be included in Anoma Foundation’s genesis block proposal. $NAM allocations will be available directly in participants’ accounts when the Namada mainnet goes live.

Namada proposed the first ever shielded airdrop for the Zcash community in April this year and launched a Community Builders Program with 10 million $NAM in October.

The layer-1 proof-of-stake blockchain’s incentive program was aimed at accelerating the adoption of privacy solutions across public blockchains.