MEMBERS OF OUR TEAM HAVE RECEIVED OP AIRDROP. THIS STATEMENT IS INTENDED TO DISCLOSE ANY CONFLICT OF INTEREST AND SHOULD NOT BE MISCONSTRUED AS A RECOMMENDATION TO PURCHASE ANY TOKEN. THIS CONTENT IS FOR INFORMATIONAL PURPOSES ONLY AND YOU SHOULD NOT MAKE DECISIONS BASED SOLELY ON IT. THIS IS NOT INVESTMENT ADVICE.
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Vitalik has done it again. This time taking the Web3 world by storm with a piece on soulbound tokens (SBTs) – “a way to encode the trust networks of the real economy to establish provenance and reputation”. This 37-page report describes key issues in Web3 today and how the introduction of Souls and SBTs can solve them. The idea of non-transferrable soulbound NFTs has actually been toyed with by Vitalik in the past. Optimism recreates this inspiration by drawing on the same soulbound post by Vitalik and creating the concept of “Citizens”. Citizenship is one of two parts of Optimism’s governance model and forms the foundation on which all its novel concepts are based. Optimism will essentially be one of the first public applications of SBTs on an ecosystem-wide scale.
Alongside Citizens will be OP token holders, newly minted thanks to the airdrop announcement which sent ripples across the crypto community as a long-anticipated event. Details on this airdrop, as well
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