Contents
- 1 Scroll Launches Native Token SCR to Reward Contributors and Support Decentralization
Scroll Launches Native Token SCR to Reward Contributors and Support Decentralization
Introduction of SCR Token by Scroll
Recognition and Support for Global Community
Scroll, a prominent zero-knowledge rollup for Ethereum, has disclosed the debut of its own token, SCR. This strategic move by Scroll aims to acknowledge and appreciate its diverse community of contributors worldwide for their steadfast support. The introduction of SCR seeks to offer opportunities to individuals everywhere to actively participate in building the decentralized future envisioned by Scroll.
Initial Distribution and Airdrop
Allocations for Scroll Contributors
The distribution of SCR will be initiated with a carefully crafted airdrop targeting participants who have engaged in various on-chain activities and projects developed on the Scroll platform. This includes individuals such as technical contributors, zero-knowledge researchers, open-source developers, public goods organizations, and educational data providers. The allocation of SCR will also extend to global community organizers, hackathon winners, Road to DevCon participants, and Ethereum translators. The airdrop structure emphasizes the significance of community involvement and support within the Scroll ecosystem.
Reward Programs and Innovation
Scroll Open Program
In a bid to foster innovation and elevate community support, Scroll is set to unveil the Scroll Open program. This initiative will recognize and reward the most inventive, creative, and rapidly growing builders on the platform. With retro grants totaling a potential size of $100 million, Scroll Open aims to incentivize and empower the pioneering individuals contributing to Scroll’s growth and success.
Enhanced Security and Finality
Utilizing Zero-Knowledge Technology
Utilizing advanced zero-knowledge technology, Scroll boasts the fastest finality among all rollups, underscoring its pivotal role in ensuring heightened security and interoperability within the platform. This technological innovation elevates the significance of finality from a mere technical aspect to a fundamental feature that will bolster the robustness of the entire network, thereby enriching the utility of SCR within the ecosystem.
Statements from Scroll’s Leadership
Commitment to Decentralization and Innovation
Raza Zaidi, head of growth at Scroll, emphasized the significance of SCR in decentralizing governance and fortifying the platform’s technical infrastructure. Sandy Peng, co-founder of Scroll, highlighted the mission of Scroll to create a more scalable and secure decentralized world, enabling the community to drive innovation and growth through decentralized governance and participation incentives.
About Scroll
Scroll, the leading zero-knowledge rollup, is dedicated to fostering a more accessible and secure on-chain future for all users. By empowering builders with a developer-friendly environment and cutting-edge technology, Scroll aims to transcend current limitations and deliver tangible real-world impact. For further details, individuals can visit the Scroll website.
Media Contact
Ryan Dennis, head of communications at Scroll
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