The Good Tech Companies - Scroll Launches $SCR Token To Recognize Global Community Contribution And Decentralize its Ecosystem

Episode Date: October 22, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/scroll-launches-$scr-token-to-recognize-global-community-contribution-and-decentralize-its-ecosystem. $SCR will be distributed to Scroll contributors through thoughtfully designed allocations to maximize impact in creating opportunities for a decentralized globa Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #scroll, #chainwire, #press-release, #scroll-announcement, #crypto-listing, #crypto-exchange, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Scroll,** the leading zero-knowledge rollup for Ethereum, announced the launch of its native token, $SCR today. Scroll will be introducing the next generation of reward programs, to generate new ways of fostering innovation. Scroll Open, a new program designed to reward the most innovative, creative, and fast-growing builders on Scroll will provide retro grants with a potential allocation size of US$100 million.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Scroll launches $SCR token to recognize global community contribution and decentralize its ecosystem, by Chainwire. Hong Kong, Singapore, London, and Dubai, Global, October 22, 2024, Chainwire, Scroll, the leading zero-knowledge roll-up for Ethereum, announced the launch of its native token, $SCR, today. With the introduction of $SCR, Scroll recognizes its global community of contributors for their ongoing support and aims to provide everyone, everywhere with opportunities to participate in the decentralized future of Scroll. $SCR will be distributed to Scroll contributors through thoughtfully designed allocations to maximize impact in creating opportunities for a decentralized global community. such as technical contributors, zero-knowledge researchers, open-source developers, public goods

organizations, and educational data providers, as well as broader global community organizers, hackathon winners, road-to-devcon and Ethereum translators. The design of this first airdrop recognizes the importance of Scroll Contributor's participation, involvement, and community support. In addition, Scroll will be introducing the next generation of reward programs to generate new ways of fostering innovation and elevating support for the Scroll community. Scroll Open, a new program designed to reward the most innovative, creative, and fast growing builders on Scroll will provide retrogrants with a potential allocation size of 100 million United States dollars. Using advanced zero

knowledge technology, Scroll has the fastest finality amingal rollups, making it a cornerstone of the platform's security and interoperability. This innovation transforms finality from a mere technical milestone into a vital feature that will drive the resilience of the entire network, further enhancing the utility of $SCR within the ecosystem. Greater than. The launch of $SCR embodies the momentum of our protocol's evolution, said Greater Than Raza Zaydi, head of growth for Scroll. This token aims to help decentralize greater than governance while enhancing our technical infrastructure. Our commitment to a greater than fully decentralized ecosystem ensures that $SCR will play a critical role in greater than driving the future growth and resilience of our platform.

Greater than, Scroll's mission is to build a more scalable and secure decentralized world. Greater than the launch of $SCR is a significant milestone in realizing this vision, as it greater than empowers our community with greater control and rewards their contributions, greater than said Sandy Pung, co-founder of Scroll. By decentralizing governance and greater than incentivizing participation, we are creating a robust and resilient ecosystem. Greater than this launch marks the beginning of a new chapter for Scroll, where our greater than community drives innovation and growth. About Scroll Scroll is the leading zero-knowledge roll-up. Leveraging fast finality and high throughput, Scroll is creating a more

accessible and secure on-chain future for everyone. Our mission is to provide an easy-to-use, developer-friendly environment to scale Ethereum for good. Scroll empowers builders to ascend beyond today's limitations and drive real-world impact. For more information, users can visit scroll.io. Contact Head of Communications Ryan Dennis ScrollPress at scroll.io. Tip This story was distributed as a release by Chainwire under HackerNoon's business blogging program. Learn more about the program here. And thank you for listening to this HackerNoon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.