Anoma Foundation’s Generous Contribution of 10 Million NAM to Empower Namada Community Builders

Anoma Foundation's Generous Contribution of 10 Million NAM to Empower Namada Community Builders


Anoma Foundation and Namada Launch Community Builders Program for Privacy Solutions on Blockchains

The Anoma Foundation, a Swiss-based non-profit organization supporting blockchain technology development, has partnered with Namada, a layer 1 blockchain platform offering interchain privacy, to introduce the Community Builders Program. The program aims to advance the creation, development, and adoption of privacy solutions on public blockchains.

As an incentive for participants and contributors, the program will provide rewards. The Anoma Foundation will allocate 10 million $NAM tokens, the native token of Namada, exclusively to selected participants in the program.

Namada: A Platform for Privacy in DApps

Namada is a layer 1 proof-of-stake platform that prioritizes privacy for its decentralized applications (DApps). Through shielded transfers and the unified shielded set, Namada ensures optimal privacy guarantees for users. The platform connects with IBC-enabled chains and Ethereum via a trustless bridge, enabling fast transactions while maintaining Ethereum’s security.

Building a Portal for Public and Private Digital Realms

The Namada Community Builders Program aims to bring together developers, users, and communities to create a portal that bridges public and private digital realms. Participants can network, collaborate, exchange knowledge, and form partnerships to make impactful contributions to digital privacy.

Namada Mainnet Launch and Contribution by Anoma Foundation

As the mainnet launch approaches, the Anoma Foundation will mark its contribution by encoding the allocated $NAM tokens into the genesis block of the Namada blockchain. This significant contribution will be recognized through the Retroactive Public Goods Funding (RPGF) Round.

Furthermore, after the mainnet launch, the community will vote on the “Community Builder RPGF Round” to reward early members who made substantial contributions to the development of the Namada blockchain.

Namada’s Efforts in Promoting Blockchain Privacy

Namada has been actively promoting blockchain privacy through various initiatives. These include launching shielded set rewards, Continuous Public Goods Funding (CPGF), and a Public Goods Funding (PGF) feature that enables governance-elected stewards to fund public goods across different domains.

To join the Community Builders Program, interested individuals can fill out the form available on Namada’s website. Updates about the program can be found on Namada’s Twitter and Discord pages. Detailed information is provided in the program’s exclusive handbook.

Hot Take: Anoma Foundation and Namada Collaborate for Enhanced Privacy Solutions on Blockchains

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The partnership between Anoma Foundation and Namada signifies a significant step towards advancing privacy solutions on blockchains. By introducing the Community Builders Program, they aim to foster collaboration among developers, users, and communities to create a portal that bridges public and private digital realms. With the upcoming mainnet launch and the contribution of 10 million $NAM tokens, Namada is set to provide impeccable privacy for its DApps while rewarding early community members for their contributions. This initiative showcases Namada’s commitment to promoting privacy in the blockchain ecosystem.

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