Monday, August 18, 2025
Coin Insights
No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    From Apes to Punks, NFTs roar back with triple the buyers

    From Apes to Punks, NFTs roar back with triple the buyers

    What’s Behind the Price Surge

    What’s Behind the Price Surge

    Azuki and H. Moser & Cie. Launch Limited Edition Elements of Time Watch Seri

    Azuki and H. Moser & Cie. Launch Limited Edition Elements of Time Watch Seri

    NFT market cap hits $9.3B, fueled by Ether surge

    NFT market cap hits $9.3B, fueled by Ether surge

    Moonbirds Cross 3 ETH on Token Speculation

    Moonbirds Cross 3 ETH on Token Speculation

    Could Animoca Brands’ investment bring the Cool Cats back?

    Could Animoca Brands’ investment bring the Cool Cats back?

    Beeple’s CryptoPunks marketing stunt briefly pumps Nakamigos NFTs

    Beeple’s CryptoPunks marketing stunt briefly pumps Nakamigos NFTs

    NFT sales slide despite record Ethereum prices

    NFT sales slide despite record Ethereum prices

    Nyan Cat Creator Calls Meme Coins ‘Wild West’, Claims $700K in Fees—But Denies Endorsement

    Nyan Cat Creator Calls Meme Coins ‘Wild West’, Claims $700K in Fees—But Denies Endorsement

  • Gaming
    Tom Talk Partners with MZZC Global Foundation’s Crypto Investment Fund to Its Expand Web3 Gaming Global Presence

    Tom Talk Partners with MZZC Global Foundation’s Crypto Investment Fund to Its Expand Web3 Gaming Global Presence

    Coinbase’s Jesse Pollak argued that Fortnite’s economy would be “10x better onchain”

    Coinbase’s Jesse Pollak argued that Fortnite’s economy would be “10x better onchain”

    Salvo Games Taps Bullbit to Redefine Web3 Gaming and Token Creation

    Salvo Games Taps Bullbit to Redefine Web3 Gaming and Token Creation

    Web3 esports platform Miomi Game integrates AUSD on Polygon

    Web3 esports platform Miomi Game integrates AUSD on Polygon

    Over 50% of July’s Web3 Gaming Funding Went to a Single Title

    Over 50% of July’s Web3 Gaming Funding Went to a Single Title

    Polemos Partners with Civitas to Expand Web3 Gaming Access

    Polemos Partners with Civitas to Expand Web3 Gaming Access

    Investors target ‘fun-first’ crypto games as funding jumps 94% in July

    Investors target ‘fun-first’ crypto games as funding jumps 94% in July

    Early Web3 Gaming Pioneers Could Become Tomorrow’s Game Moguls

    Early Web3 Gaming Pioneers Could Become Tomorrow’s Game Moguls

    Doodles to Launch First Telegram Game ‘Kyle’s Journey’ on TON Blockchain

    Doodles to Launch First Telegram Game ‘Kyle’s Journey’ on TON Blockchain

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What is Crypto FOMO? How to Avoid Emotional Investing Mistakes

    What is Crypto FOMO? How to Avoid Emotional Investing Mistakes

    What Is Crypto Arbitrage and How to Use It in Trading?

    What Is Crypto Arbitrage and How to Use It in Trading?

    What’s the Difference & Which Is Better to Trade?

    What’s the Difference & Which Is Better to Trade?

    Think Your Cold Wallet Is Safe? Not If You Make These 7 Mistakes

    Think Your Cold Wallet Is Safe? Not If You Make These 7 Mistakes

    What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

    What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

    What Is Copy Trading in Crypto? A Beginner’s Guide

    What Is Copy Trading in Crypto? A Beginner’s Guide

    A Step-by-Step Guide for Risk-Takers

    A Step-by-Step Guide for Risk-Takers

    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

    How It Works and What to Watch Out For

    How It Works and What to Watch Out For

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    From Apes to Punks, NFTs roar back with triple the buyers

    From Apes to Punks, NFTs roar back with triple the buyers

    What’s Behind the Price Surge

    What’s Behind the Price Surge

    Azuki and H. Moser & Cie. Launch Limited Edition Elements of Time Watch Seri

    Azuki and H. Moser & Cie. Launch Limited Edition Elements of Time Watch Seri

    NFT market cap hits $9.3B, fueled by Ether surge

    NFT market cap hits $9.3B, fueled by Ether surge

    Moonbirds Cross 3 ETH on Token Speculation

    Moonbirds Cross 3 ETH on Token Speculation

    Could Animoca Brands’ investment bring the Cool Cats back?

    Could Animoca Brands’ investment bring the Cool Cats back?

    Beeple’s CryptoPunks marketing stunt briefly pumps Nakamigos NFTs

    Beeple’s CryptoPunks marketing stunt briefly pumps Nakamigos NFTs

    NFT sales slide despite record Ethereum prices

    NFT sales slide despite record Ethereum prices

    Nyan Cat Creator Calls Meme Coins ‘Wild West’, Claims $700K in Fees—But Denies Endorsement

    Nyan Cat Creator Calls Meme Coins ‘Wild West’, Claims $700K in Fees—But Denies Endorsement

  • Gaming
    Tom Talk Partners with MZZC Global Foundation’s Crypto Investment Fund to Its Expand Web3 Gaming Global Presence

    Tom Talk Partners with MZZC Global Foundation’s Crypto Investment Fund to Its Expand Web3 Gaming Global Presence

    Coinbase’s Jesse Pollak argued that Fortnite’s economy would be “10x better onchain”

    Coinbase’s Jesse Pollak argued that Fortnite’s economy would be “10x better onchain”

    Salvo Games Taps Bullbit to Redefine Web3 Gaming and Token Creation

    Salvo Games Taps Bullbit to Redefine Web3 Gaming and Token Creation

    Web3 esports platform Miomi Game integrates AUSD on Polygon

    Web3 esports platform Miomi Game integrates AUSD on Polygon

    Over 50% of July’s Web3 Gaming Funding Went to a Single Title

    Over 50% of July’s Web3 Gaming Funding Went to a Single Title

    Polemos Partners with Civitas to Expand Web3 Gaming Access

    Polemos Partners with Civitas to Expand Web3 Gaming Access

    Investors target ‘fun-first’ crypto games as funding jumps 94% in July

    Investors target ‘fun-first’ crypto games as funding jumps 94% in July

    Early Web3 Gaming Pioneers Could Become Tomorrow’s Game Moguls

    Early Web3 Gaming Pioneers Could Become Tomorrow’s Game Moguls

    Doodles to Launch First Telegram Game ‘Kyle’s Journey’ on TON Blockchain

    Doodles to Launch First Telegram Game ‘Kyle’s Journey’ on TON Blockchain

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What is Crypto FOMO? How to Avoid Emotional Investing Mistakes

    What is Crypto FOMO? How to Avoid Emotional Investing Mistakes

    What Is Crypto Arbitrage and How to Use It in Trading?

    What Is Crypto Arbitrage and How to Use It in Trading?

    What’s the Difference & Which Is Better to Trade?

    What’s the Difference & Which Is Better to Trade?

    Think Your Cold Wallet Is Safe? Not If You Make These 7 Mistakes

    Think Your Cold Wallet Is Safe? Not If You Make These 7 Mistakes

    What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

    What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

    What Is Copy Trading in Crypto? A Beginner’s Guide

    What Is Copy Trading in Crypto? A Beginner’s Guide

    A Step-by-Step Guide for Risk-Takers

    A Step-by-Step Guide for Risk-Takers

    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

    How It Works and What to Watch Out For

    How It Works and What to Watch Out For

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
No Result
View All Result
Coin Insights
No Result
View All Result
Home DeFi

EigenLayer airdrop faces backlash over inability to move tokens and blocked jurisdictions

April 30, 2024
in DeFi
28
EigenLayer airdrop faces backlash over inability to move tokens and blocked jurisdictions
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

The details surrounding the long-awaited EigenLayer airdrop were revealed yesterday with much fanfare – but also with considerable criticism.

The plan outlined that 45% of the 1.67 billion token supply will be allocated to the community at launch, with a third of that coming in the form of an airdrop. That airdrop will be split into multiple seasons, with the first season – which will see 5% of the supply handed out – taking place in two parts, with a focus on rewarding those who have adhered to the protocol.

READ ALSO

ZkSNACKs to sunset coinjoin anonymizing service amid US coin mixer crackdown

Jito becomes largest protocol on Solana with $1.4 billion in TVL

A number of concerns were highlighted, but the main one seems to be the lack of portability of the token when it first goes live. EigenLayer said that when the token is launched, it will be non-transferable for “months” to allow enough time for decentralization and to promote community consensus on the token’s usefulness and governance.

However, this raised concerns as it could have negative consequences for those receiving the airdrop. “The EigenLayer team and investors will get 55%, but stakers will only get 5% and even that will be non-transferable at first,” Posted a crypto trader known as CoinMamba on X.

It’s not surprising that this was such a controversial topic, as it was a major issue for the Starknet airdrop in February.

When the Starknet token went live for trading, it was initially expected that investors and core contributors would get their tokens unlocked just a few weeks later. This would happen because the token was technically made available for trading a year before it was made available for trading – silently rushing through investors’ fortress schemes even though the token wasn’t actually live. However, following his own response, investor unlocks were pushed back.

See also  Swarm launches permissionless trading platform for tokenized real-world assets

EigenLayer did not respond when asked whether investors’ token allocations would be awarded from the moment the token was created or when the community tokens became transferable.

Facing more heat

Another major criticism was that the airdrop not only blocked a long list of countries, including the United States and Canada, but also blocked VPN users. Although this was likely due to concerns about regulatory risks, some users complained that it was inconsistent that they were not excluded from using the platform, but were excluded from the airdrop.

Others criticized the size of the airdrop, as the majority of the tokens go to investors and early contributors – although this is quite common with airdrops these days. Some claimed that the whitepaper, which includes the “Universal Intersubjective Work Token” and concepts such as “intersubjective forkingas overly complex.

There was too confusion related to Pendle users’ eligibility for the airdrop. When the announcement was first made, crypto users believed that those who had participated in EigenLayer indirectly through Pendle would not be part of the airdrop. Stichting Eigen clarified that Pendle users would get a share of the 10% of the initial airdrop of 5% of the token supply. However, Pendle’s price, which had already fallen, failed to recover and is now down 16% since the airdrop was announced.

The impact on the future of the project

While many airdrops have received a lot of criticism, the response to EigenLayer’s token plan has had a major impact.

Over the past 24 hours there has been a major spike in the number of withdrawals from the platform. According to data from, more than 7,000 recordings have been started Dune Analytics. According to DefiLlama, this removed approximately 150,000 ETH ($457 million) from the platform.

See also  These developers are mashing ERC-20 tokens and NFTs together: Will it work?

On the other hand, with the total value of the project’s smart contracts at $15.6 billion, that hasn’t made much difference for now.


Tags: airdropbacklashBlockedEigenLayerFacesinabilityJurisdictionsmoveTokens

Related Posts

ZkSNACKs to sunset coinjoin anonymizing service amid US coin mixer crackdown
DeFi

ZkSNACKs to sunset coinjoin anonymizing service amid US coin mixer crackdown

May 6, 2024
Jito becomes largest protocol on Solana with $1.4 billion in TVL
DeFi

Jito becomes largest protocol on Solana with $1.4 billion in TVL

May 2, 2024
AltLayer introduces reALT token in second phase of staking program
DeFi

AltLayer introduces reALT token in second phase of staking program

May 2, 2024
MicroStrategy plans to launch decentralized ID solution: report
DeFi

MicroStrategy plans to launch decentralized ID solution: report

May 2, 2024
Aave Chan founder Marc Zeller teases upcoming ‘fee switch’ vote for Aave stakers
DeFi

Aave Labs debuts V4 roadmap in series of governance proposal

May 2, 2024
Uniswap DAO to invest $12 million of UNI for 20% share in Ekubo’s future governance token
DeFi

Uniswap enables crypto purchases via Robinhood Connect

May 1, 2024
Next Post
what’s next for the market?

what’s next for the market?

Comments 28

  1. 6repi says:
    2 months ago

    can i get clomiphene online buying clomiphene tablets can you buy cheap clomiphene without rx how can i get generic clomiphene pill where can i buy clomiphene price where buy cheap clomiphene tablets clomiphene for sale

    Reply
  2. order cialis at online pharmacy says:
    2 months ago

    Greetings! Very serviceable advice within this article! It’s the little changes which choice espy the largest changes. Thanks a lot quest of sharing!

    Reply
  3. iv flagyl for c diff says:
    2 months ago

    With thanks. Loads of knowledge!

    Reply
  4. i8dzc says:
    2 months ago

    oral zithromax – buy tindamax 500mg sale metronidazole 200mg drug

    Reply
  5. 8s0y1 says:
    2 months ago

    buy semaglutide 14mg sale – semaglutide cheap purchase periactin generic

    Reply
  6. ohn9i says:
    2 months ago

    oral domperidone 10mg – cost cyclobenzaprine how to buy cyclobenzaprine

    Reply
  7. rna29 says:
    2 months ago

    purchase amoxiclav generic – atbioinfo.com acillin us

    Reply
  8. 5z8f7 says:
    2 months ago

    buy esomeprazole generic – https://anexamate.com/ buy nexium without a prescription

    Reply
  9. gyx0y says:
    2 months ago

    order medex pill – coumamide buy hyzaar pill

    Reply
  10. oangm says:
    2 months ago

    mobic 7.5mg pills – mobo sin buy mobic 15mg online cheap

    Reply
  11. exvif says:
    2 months ago

    buy deltasone 40mg pill – https://apreplson.com/ buy deltasone 40mg generic

    Reply
  12. 3eo29 says:
    2 months ago

    buy erectile dysfunction medicine – fastedtotake.com buy erectile dysfunction drugs

    Reply
  13. qbipv says:
    1 month ago

    cheap amoxil online – https://combamoxi.com/ brand amoxil

    Reply
  14. combamoxi says:
    1 month ago

    More text pieces like this would insinuate the интернет better.

    Reply
  15. Connielet says:
    1 month ago

    I’ll certainly bring to skim more.

    Reply
  16. 8a4r2 says:
    1 month ago

    order generic diflucan 100mg – forcan cheap fluconazole canada

    Reply
  17. abv6o says:
    1 month ago

    cenforce cheap – buy cheap generic cenforce order cenforce 100mg without prescription

    Reply
  18. l069d says:
    1 month ago

    cialis package insert – https://ciltadgn.com/ vidalista tadalafil reviews

    Reply
  19. 2c05q says:
    1 month ago

    cialis manufacturer coupon free trial – what is the generic name for cialis buy voucher for cialis daily online

    Reply
  20. Connielet says:
    1 month ago

    ranitidine drug – https://aranitidine.com/# buy cheap generic ranitidine

    Reply
  21. Connielet says:
    1 month ago

    This is the amicable of content I get high on reading. fildena 100 profesional

    Reply
  22. pwqa9 says:
    1 month ago

    Facts blog you possess here.. It’s obdurate to on elevated calibre script like yours these days. I justifiably respect individuals like you! Take guardianship!! neurontin 600mg without prescription

    Reply
  23. Connielet says:
    1 month ago

    Thanks on putting this up. It’s well done. buy modafinil sale

    Reply
  24. razpk says:
    4 weeks ago

    More posts like this would force the blogosphere more useful. https://prohnrg.com/

    Reply
  25. he590 says:
    4 weeks ago

    This website really has all of the tidings and facts I needed adjacent to this case and didn’t know who to ask. aranitidine.com

    Reply
  26. Connielet says:
    2 weeks ago

    This is the gentle of criticism I rightly appreciate. https://ondactone.com/product/domperidone/

    Reply
  27. Connielet says:
    2 weeks ago

    More peace pieces like this would make the интернет better.
    https://proisotrepl.com/product/domperidone/

    Reply
  28. Connielet says:
    4 days ago

    This is a question which is virtually to my callousness… Diverse thanks! Unerringly where can I find the acquaintance details in the course of questions? https://sportavesti.ru/forums/users/ovoix-2/

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

October 28, 2023
Tezos 2023 Outlook: An Overview of Tezos (XTZ)

Tezos 2023 Outlook: An Overview of Tezos (XTZ)

November 2, 2023
UK risks regulating NFTs the wrong way, says Mintable CEO

UK risks regulating NFTs the wrong way, says Mintable CEO

October 30, 2023
Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

August 3, 2024
How to Earn Keys to Boost Your HMSTR Airdrop

How to Earn Keys to Boost Your HMSTR Airdrop

September 10, 2024

Don't miss a single story

Subscribe to our free Newsletter

EDITOR'S PICK

Base Network Surpasses OP Mainnet

Base Network Surpasses OP Mainnet

June 9, 2024
Meet the US Congressman Who’s Now Repping Ethereum on His X Profile

Meet the US Congressman Who’s Now Repping Ethereum on His X Profile

February 5, 2025
How Does the New-And-Improved Ethereum ACTUALLY Work?

How Does the New-And-Improved Ethereum ACTUALLY Work?

March 13, 2024
DM Reebok and They’ll Make You Custom Digital Kicks To Wear in Fortnite and Roblox

DM Reebok and They’ll Make You Custom Digital Kicks To Wear in Fortnite and Roblox

May 14, 2024

About

Dive into the world of cryptocurrency. Our news site offers insights, trends, and updates to guide your journey into the realm of digital finance.

Follow us

Categories

  • AI
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • DeFi
  • Ethereum
  • Gaming
  • Guides
  • Metaverse
  • Mining
  • NFT
  • Other
  • Web 3

Recent Posts

  • Cryptojacker gets 1 year prison after admitting to $3.5M fraud
  • Qubic community, Monero’s 51% attacker, votes to target Dogecoin next
  • Block Targets Mining Decentralization With Air-Cooled Proto Rig Delivering up to 819 TH/s

Newsletter

Don't miss a single story

Subscribe to our free Newsletter

  • Contact
  • Disclosure
  • Privacy Policy
  • Terms & conditions

© 2023 Coininsights.com - All rights reserved.

No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
  • Metaverse
  • NFT
  • Gaming
  • Blockchain
  • AI
  • Guides
  • Analysis
  • Coin Marketcaps

© 2023 Coininsights.com - All rights reserved.