Research Summary
This report provides updates on various blockchain projects for the week. Key highlights include Arbitrum’s reboot of Odyssey, Optimism’s third airdrop, the launch of zkSync’s ZK Fellowship, Scroll’s upcoming launch of zkEVM, Canto’s migration to Ethereum L2 via Polygon, BIT Exchange’s launch of Filecoin options trading, OpenSea’s upcoming launch of Creator Studio, and Metis’s $5 million DeFi incentive program.
Key Takeaways
Arbitrum’s Odyssey Reboot
- Relaunch of Odyssey: Arbitrum announced the relaunch of Odyssey on September 26th. The event will run for 7 weeks, covering 13 project communities and collecting custom badges. Unlike the previous event, there will be no airdrops, only badges for task completion.
- Previous Termination: The Odyssey event was previously terminated due to high gas fees caused by the chase for Arbitrum airdrops.
- Collaboration with Galxe: The Odyssey event is a collaboration with Galxe and will feature custom badges created by Ratwell and frens.
Optimism’s Third Airdrop
- Third Airdrop: Optimism launched its third round of OP token airdrop program, distributing approximately 19 million OP tokens to over 31,000 unique addresses as a reward for active community members participating in governance.
- Private Token Sale: Optimism also conducted a private token sale of 116 million OP tokens, valued at $162 million, for fund management purposes. The tokens will be locked for a period of 2 years but can be delegated to unrelated third parties for participation in governance.
- Token Distribution: The tokens are from the undistributed portion of the OP token treasury and were originally part of the foundation’s initial operational budget, representing 30% of the initial OP token supply.
OpenSea’s Creator Studio Launch
- Creator Studio Launch: OpenSea announced its plans to launch the Creator Studio in the coming weeks. The studio will include expanded tools for creating, managing, and analyzing projects.
- Features: The Creator Studio will encompass basic no-code tools, including launching community mints and sending minted items directly to wallets. Additional features will be added over the next few months, allowing for more enriching content on collection pages.
Actionable Insights
- Investigate the Potential of Arbitrum’s Odyssey: With the relaunch of Odyssey, there may be opportunities for community engagement and potential collaborations.
- Monitor Optimism’s Governance Participation: The distribution of OP tokens to active community members could lead to increased governance participation and community engagement.
- Explore OpenSea’s Creator Studio: The upcoming launch of OpenSea’s Creator Studio could provide new tools and opportunities for creators and project managers in the NFT space.
