Namada is a multichain privacy protocol, and on October 19th, the Anoma Foundation, a nonprofit dedicated to blockchain technology, announced the launch of a Community Builders Program for Namada.
According to the most up-to-date information available to Finbold, the initiative intends to speed up the adoption of enhanced privacy features in public blockchain systems.
Namada provides privacy that is not tied to the underlying assets via the use of zero-knowledge encryption across many blockchains. Through the Namada Community Builders Program, a broad coalition of individuals and organizations work together to build a portal connecting the public and private sectors of the Internet.
The initiative offers its participants the ability to collaborate, exchange resources, and make important strides in the field of digital privacy.
By distributing 10,000,000 NAM tokens to a select group of Namada Community Builders, the Anoma Foundation hopes to motivate and reward the work of these individuals.
Token distribution details will be stored in the Namada blockchain’s genesis block after the close of the Retroactive Public Goods Funding (RPGF) Round.
As part of the Community Builder RPGF Round, the Namada community will decide between November 20 and November 26 who should be recognized and compensated for their work on the project to date.
Namada uses a variety of resources to sponsor privacy-protecting initiatives. Continuous Public Goods Funding (CPGF) is a subset of Public Goods Funding (PGF) that incorporates Shielded Set Rewards as a means of compensating the governance-elected stewards who provide funding for public goods across many domains.
Those interested in participating in the Community Builders Program are strongly urged to do more than just fill out the Community Builder Form; they should also follow Namada on Twitter and join the Namada Discord Server.
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