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It’s the first Optimistic Alpha of the New Year. In a slight shift from our usual "Week" format to "Episode," this adjustment reflects the dynamic nature of these alphas, which are not consistently released every week but rather based on the latest and most relevant information at hand.
Let’s delve into this week’s episode
Optimism has announced the recipients of RetroPGF Round 3, awarding 30M OP tokens to 501 contributors across the Optimism ecosystem.
The RetroPGF initiative serves as an economic flywheel supporting public goods, ensuring the sustainability of blockchain tools and infrastructure. It offers an alternative funding source for builders and creators, with rewards determined by badgeholders.
Some Key Points to note:
RetroPGF Round 3 rewards 501 contributors with 30M OP tokens across four categories.
RetroPGF supports public goods, ensuring the sustainability of blockchain tools and infrastructure.
It provides an alternative funding source for builders and creators, with rewards determined by badgeholders.
RetroPGF has awarded 643 projects to date, spanning various categories.
Optimism aims to create a self-sustaining economic system, experimenting with RetroPGF's scope and structure.
Learnings from previous rounds will inform future developments, progressively making RetroPGF more community-driven.
Badgeholders and infrastructure builders play vital roles in the success of RetroPGF.
Recipients will receive OP token grants after completing the necessary procedures.
Optimism plans to run more rounds of RetroPGF in 2024, focusing on building a new global economy.
Read the full announcement here.
Season 5 of Optimism Grant Council is back
Season 5 of the Optimism Grants Council has resumed its activities, inviting Mission Proposals from the top 100 Delegates. The deadline for submission is January 17th, and the proposals approved by the Token House will qualify for project applications starting February 1st.
Key takeaways:
Submission Deadline: Top 100 Delegates must submit Mission Proposals by January 17th.
Submission Link: Proposals can be submitted at mission request.
Eligibility: Proposals approved by the Token House will be eligible for project applications beginning February 1st.
Community Involvement: If not in the top 100 Delegates, individuals with Mission Proposals can seek sponsorship through Mission Requests.
This presents an opportunity for active community members to contribute to the development and growth of projects within the Optimism ecosystem.
On September 13th, 2023, Ancient8 launched its Testnet V1, and after significant achievements, it introduces Testnet V2 with Celestia integration.
Ancient8 aims to be the pioneering modular blockchain for Web3 games, focusing on scalability, flexibility, and interoperability. With Celestia, data availability costs on Ancient8 are expected to reduce significantly, making gas fees nearly invisible for game developers and gamers. This integration addresses challenges in the Ethereum Layer 2 ecosystem, particularly high data validation costs. Celestia, as a modular data availability network, enhances scalability and interoperability for Ancient8, providing benefits for both game developers and gamers. The key advantages include scaling opportunities, choice in the execution environment, reduced gas fees, smoother gameplay, and increased accessibility.
Ancient8 invites developers and individuals to contribute to Testnet V2, with plans to launch the mainnet, bringing the vision of a gaming revolution closer to reality. Celestia is introduced as a modular data availability network, while Ancient8 emphasizes its focus on gaming in the Ethereum Layer 2 ecosystem, having raised $10M in total financing from prominent investors.
The full announcement can be found here.
In December, Mint announced the eligibility check for their Genesis NFT whitelist, with over 30,000 wallets eligible. Minting of the NFT has commenced on the 10th and will end on the 24th of January, 2024 (2 weeks).
Mint is a Layer2 blockchain for NFTs, powered by the OP Stack and NFTScan.
Who is Eligible for this Genesis Mint?
The Mint Genesis NFT Whitelist is designed for active participants in the NFT ecosystem and Mint Blockchain. Eligibility is based on five categories with a snapshot taken on December 21, 2023:
NFT Marketplace Users: Those with a trading value exceeding 20 ETH on platforms like Opensea, Blur, LooksRare, etc.
NFT Collection Holders: Owners of NFTs from specific collections like CryptoPunks and BAYC etc.
NFTFi Users: Users of Blur and BendDAO with more than 3 NFT-Fi interactions on these platforms.
Ethereum Inscription Asset Holders: Holders of Ethereum inscriptions such as eths, Facet, gwei, etc.
Mint Blockchain Early Contributors: Reserved for Mint Blockchain community members, accessible through official events or special roles in the Mint Discord community based on snapshots taken on December 21, 2023, and January 9, 2024.
Mint Genesis Benefit:
$MINT Airdrop Rewards
Mint Ecosystem Privileges
If you’re not eligible for the Genesis Mint, there’s another opportunity to get in by Minting the MintID.
MintID, a multifunctional asset on Mint Blockchain, has a total supply of 10,000 with no future expansion. The minting period is from Jan 17 to Jan 24, 2024, for 0.28 ETH. Each wallet can mint up to 5 MintIDs, and participation is open to all wallets.
Benefits of MintID:
Utility Staking: Holders can stake MintID to become validators on Mint Blockchain.
$MINT Airdrops: MintID holders qualify for $MINT airdrop rewards.
Ecosystem Privileges: MintID holders enjoy special benefits and potential airdrops from integrated projects in the Mint ecosystem.
MintID is designed to evolve into a unique NFT asset, continuously developed by Mint Blockchain, showcasing innovation.
See full details and official announcement here.
The update announces rewards for 600+ wallets across main and protocol leaderboards. Even if criteria aren't met, users have a chance to earn extra OP through 'Feedback Rewards.' Claiming an attestation and providing feedback enters users into a free raffle for 3,000 OP, with 120 winners getting 25 OP each.
Events #1 and #2 are tailored for power users significantly contributing to on-chain activity. To ensure fairness, Event #3 is introduced as an inclusive raffle open to everyone who completes five steps and claims the necessary attestations.
The announcement teases a forthcoming product launch, and in appreciation of user loyalty, plans are underway to reward those who claimed attestations over the past year.
Event 2, the battle of DEXs, is ongoing, offering participants a chance to explore top dApps and earn rewards, with over 25,000 OP in total.
The announcement concludes with an enthusiastic call to action, encouraging immediate participation in the ongoing event and expressing gratitude for community engagement.
See the full official announcement here.
If you haven’t joined the OP Red Wars yet, kindly use my referral link. You will earn 10XP by using my referral link.
Clipper Army Season 1 is still on; a chance to grab your portion of the 174,538 $SAIL pool prize.
Find the details in the previous episode here.
In November 2023, Clipper introduced the PPC program and so far it has rewarded the first set of contributors to the program for NOV/DEC.
The Pay Per Contribution (PPC) scheme is designed to reward active members of the Clipper community for their efforts in enhancing the Clipper platform. This initiative introduces a point system where members earn points for each satisfactory contribution they make to the community, aiming to recognize and incentivize their contributions to make Clipper better.
To know more about the program and how to be a part of it, kindly read this doc.
That’s it for this week's Optimistic Alphas.
If you find this piece useful, do well to subscribe to me and follow me on X so it can reach as many people as possible.
Reach out to me on Telegram for collaborations 👉🏽 @ayohtundeh
Until the next episode, stay Optimistic 🔴🔵🟡.
It’s the first Optimistic Alpha of the New Year. In a slight shift from our usual "Week" format to "Episode," this adjustment reflects the dynamic nature of these alphas, which are not consistently released every week but rather based on the latest and most relevant information at hand.
Let’s delve into this week’s episode
Optimism has announced the recipients of RetroPGF Round 3, awarding 30M OP tokens to 501 contributors across the Optimism ecosystem.
The RetroPGF initiative serves as an economic flywheel supporting public goods, ensuring the sustainability of blockchain tools and infrastructure. It offers an alternative funding source for builders and creators, with rewards determined by badgeholders.
Some Key Points to note:
RetroPGF Round 3 rewards 501 contributors with 30M OP tokens across four categories.
RetroPGF supports public goods, ensuring the sustainability of blockchain tools and infrastructure.
It provides an alternative funding source for builders and creators, with rewards determined by badgeholders.
RetroPGF has awarded 643 projects to date, spanning various categories.
Optimism aims to create a self-sustaining economic system, experimenting with RetroPGF's scope and structure.
Learnings from previous rounds will inform future developments, progressively making RetroPGF more community-driven.
Badgeholders and infrastructure builders play vital roles in the success of RetroPGF.
Recipients will receive OP token grants after completing the necessary procedures.
Optimism plans to run more rounds of RetroPGF in 2024, focusing on building a new global economy.
Read the full announcement here.
Season 5 of Optimism Grant Council is back
Season 5 of the Optimism Grants Council has resumed its activities, inviting Mission Proposals from the top 100 Delegates. The deadline for submission is January 17th, and the proposals approved by the Token House will qualify for project applications starting February 1st.
Key takeaways:
Submission Deadline: Top 100 Delegates must submit Mission Proposals by January 17th.
Submission Link: Proposals can be submitted at mission request.
Eligibility: Proposals approved by the Token House will be eligible for project applications beginning February 1st.
Community Involvement: If not in the top 100 Delegates, individuals with Mission Proposals can seek sponsorship through Mission Requests.
This presents an opportunity for active community members to contribute to the development and growth of projects within the Optimism ecosystem.
On September 13th, 2023, Ancient8 launched its Testnet V1, and after significant achievements, it introduces Testnet V2 with Celestia integration.
Ancient8 aims to be the pioneering modular blockchain for Web3 games, focusing on scalability, flexibility, and interoperability. With Celestia, data availability costs on Ancient8 are expected to reduce significantly, making gas fees nearly invisible for game developers and gamers. This integration addresses challenges in the Ethereum Layer 2 ecosystem, particularly high data validation costs. Celestia, as a modular data availability network, enhances scalability and interoperability for Ancient8, providing benefits for both game developers and gamers. The key advantages include scaling opportunities, choice in the execution environment, reduced gas fees, smoother gameplay, and increased accessibility.
Ancient8 invites developers and individuals to contribute to Testnet V2, with plans to launch the mainnet, bringing the vision of a gaming revolution closer to reality. Celestia is introduced as a modular data availability network, while Ancient8 emphasizes its focus on gaming in the Ethereum Layer 2 ecosystem, having raised $10M in total financing from prominent investors.
The full announcement can be found here.
In December, Mint announced the eligibility check for their Genesis NFT whitelist, with over 30,000 wallets eligible. Minting of the NFT has commenced on the 10th and will end on the 24th of January, 2024 (2 weeks).
Mint is a Layer2 blockchain for NFTs, powered by the OP Stack and NFTScan.
Who is Eligible for this Genesis Mint?
The Mint Genesis NFT Whitelist is designed for active participants in the NFT ecosystem and Mint Blockchain. Eligibility is based on five categories with a snapshot taken on December 21, 2023:
NFT Marketplace Users: Those with a trading value exceeding 20 ETH on platforms like Opensea, Blur, LooksRare, etc.
NFT Collection Holders: Owners of NFTs from specific collections like CryptoPunks and BAYC etc.
NFTFi Users: Users of Blur and BendDAO with more than 3 NFT-Fi interactions on these platforms.
Ethereum Inscription Asset Holders: Holders of Ethereum inscriptions such as eths, Facet, gwei, etc.
Mint Blockchain Early Contributors: Reserved for Mint Blockchain community members, accessible through official events or special roles in the Mint Discord community based on snapshots taken on December 21, 2023, and January 9, 2024.
Mint Genesis Benefit:
$MINT Airdrop Rewards
Mint Ecosystem Privileges
If you’re not eligible for the Genesis Mint, there’s another opportunity to get in by Minting the MintID.
MintID, a multifunctional asset on Mint Blockchain, has a total supply of 10,000 with no future expansion. The minting period is from Jan 17 to Jan 24, 2024, for 0.28 ETH. Each wallet can mint up to 5 MintIDs, and participation is open to all wallets.
Benefits of MintID:
Utility Staking: Holders can stake MintID to become validators on Mint Blockchain.
$MINT Airdrops: MintID holders qualify for $MINT airdrop rewards.
Ecosystem Privileges: MintID holders enjoy special benefits and potential airdrops from integrated projects in the Mint ecosystem.
MintID is designed to evolve into a unique NFT asset, continuously developed by Mint Blockchain, showcasing innovation.
See full details and official announcement here.
The update announces rewards for 600+ wallets across main and protocol leaderboards. Even if criteria aren't met, users have a chance to earn extra OP through 'Feedback Rewards.' Claiming an attestation and providing feedback enters users into a free raffle for 3,000 OP, with 120 winners getting 25 OP each.
Events #1 and #2 are tailored for power users significantly contributing to on-chain activity. To ensure fairness, Event #3 is introduced as an inclusive raffle open to everyone who completes five steps and claims the necessary attestations.
The announcement teases a forthcoming product launch, and in appreciation of user loyalty, plans are underway to reward those who claimed attestations over the past year.
Event 2, the battle of DEXs, is ongoing, offering participants a chance to explore top dApps and earn rewards, with over 25,000 OP in total.
The announcement concludes with an enthusiastic call to action, encouraging immediate participation in the ongoing event and expressing gratitude for community engagement.
See the full official announcement here.
If you haven’t joined the OP Red Wars yet, kindly use my referral link. You will earn 10XP by using my referral link.
Clipper Army Season 1 is still on; a chance to grab your portion of the 174,538 $SAIL pool prize.
Find the details in the previous episode here.
In November 2023, Clipper introduced the PPC program and so far it has rewarded the first set of contributors to the program for NOV/DEC.
The Pay Per Contribution (PPC) scheme is designed to reward active members of the Clipper community for their efforts in enhancing the Clipper platform. This initiative introduces a point system where members earn points for each satisfactory contribution they make to the community, aiming to recognize and incentivize their contributions to make Clipper better.
To know more about the program and how to be a part of it, kindly read this doc.
That’s it for this week's Optimistic Alphas.
If you find this piece useful, do well to subscribe to me and follow me on X so it can reach as many people as possible.
Reach out to me on Telegram for collaborations 👉🏽 @ayohtundeh
Until the next episode, stay Optimistic 🔴🔵🟡.
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AyohTunde
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