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INTRODUCTION Blockchain networks initially were more like closed-loop systems, meaning the value created and traded on-chain was confined to crypto native assets. As technology has developed, blockchains and the real world are becoming more intertwined. Crypto protocols and TradFi institutions alike are looking to tokenize real-world assets and benefit from transaction efficiencies, cost savings, interoperability, composability, and transparency. Protocols have already begun bringing assets like dollars and treasuries on-chain while...

SCALABILITY PROBLEM Transaction fees on Ethereum have jumped to hundreds of dollars during times of high activity, rendering the mainnet unusable for anyone without deep pockets. Ethereum can only process 7-15 transactions per second, while centralized networks like Visa can scale up to over 65k tps. Since network fees function similarly to a road with a fluctuating toll, the more congested and in demand Ethereum’s rails become, the higher the...

WHAT ARE AIRDROPS? Crypto Airdrops are a unique growth and distribution mechanism that crypto protocols use to attract users and give them ownership of the protocol through the "airdropping" of tokens. Airdrops involve giving away tokens to selected users to generate interest, raise awareness, and attract potential users to the project. Most airdrops aim to distribute tokens to early users and backers of the project, ideally rewarding these early backers...