Neighborhood-driven crypto initiatives nonetheless thriving regardless of headwinds

The extremely anticipated launch and airdrop of Arbitrum’s native governance token ARB occurred on March 23, making a buzz across the layer-2 protocol as a whole lot of hundreds of eligible customers and DAOs tried to assert the token. Overwhelming consumer demand led the airdrop declare web page to crash shortly after its launch, displaying 404 and 429 errors for over an hour, Cointelegraph reported.

Since Arbitrum was one of many largest blockchain initiatives and not using a token, the hype round its drop was anticipated. Nonetheless, it exemplifies how community-driven initiatives within the house can nonetheless thrive, regardless of rivals, technical challenges, market downturns and regulatory uncertainty.

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