Scroll has acquired $80 million from a number of significant investment institutions and will officially launch its mainnet on October 17, 2023. This is the ideal moment for us to engage in experiencing the environment and receiving airdrops from the Scroll project. Let’s explore the potential of this project with Coincu through this Scroll Airdrop article.
What is Scroll?
In the rapidly evolving landscape of blockchain technology, Scroll has emerged as a promising Layer 2 blockchain solution based on zkEVM Equivalence technology. Developed in early 2021, this innovative platform seeks to address the limitations of existing Zk-Rollup solutions, with a primary focus on enhancing the development experience for programmers and DApp interoperability.
Many Zk-Rollup solutions currently available in the market predominantly concentrate on the application layer, resulting in challenges when it comes to maintaining code consistency or transitioning DApps between different systems. This fragmentation across layers 1 and 2 has made it cumbersome for developers, limiting the functionality and adaptability of Zk-Rollup technology as a whole.
In response to these challenges, Scroll has positioned itself as a Layer 2 solution based on the Zk-Rollups model, aiming to provide infinite scalability, rapid confirmation times, complete decentralization, and maximum security. The platform achieves these ambitious goals by combining the ZK-Rollups infrastructure with a high-performance off-chain distributed system, incorporating several key innovations.
To offer a superior product development experience for programmers, Scroll has adopted zkEVM, a fully EVM-compatible Zk-Rollup solution. This strategic choice ensures that developers can enjoy a seamless transition and improved composability in Layer 2. With zkEVM, programming methods are unified, facilitating the migration of DApps from the Ethereum blockchain to the zk-Rollup chain without requiring extensive modification of source code.
Check out our LayerZero Airdrop Guide article for another highly anticipated token airdrop.
What are the highlights of Scroll?
EVM-Equivalence for Seamless DApp Migration
One of Scroll’s standout features is its full compatibility with Ethereum’s EVM, known as EVM-Equivalence. This technology operates in a manner that closely resembles Ethereum’s virtual machine, enabling users and programmers to effortlessly migrate decentralized applications (DApps) between different blockchain layers without the need for extensive modifications or intricate code alterations. This compatibility not only saves time but also frees up valuable resources for the development of novel features and functionalities.
zkEVM: Enabling Zero-Knowledge Smart Contracts
Scroll introduces zkEVM, the zero-knowledge Ethereum Virtual Machine, designed to create zero-knowledge proofs for verifying data accuracy, including input and output data. This revolutionary technology supports the implementation and expansion of smart contracts using zero-knowledge methodologies. Previously, limitations in liquidity and compatibility with existing smart contracts hindered the growth of the blockchain ecosystem.
However, zkEVM aims to bridge these gaps by bringing zero-knowledge technology into the world of smart contracts. It opens up new possibilities for Ethereum DApps to expand to ZK-Rollups Layer 2, enhancing interoperability across the blockchain landscape.
Enhanced Scalability Through Off-Chain Processing
Scroll employs a unique approach to scalability by processing transactions off-chain and subsequently posting condensed evidence on the blockchain. This method significantly boosts processing throughput while reducing transaction costs. By avoiding direct transactions on the Ethereum blockchain, Scroll optimizes the scalability of its platform, ensuring a smooth and efficient experience for users and developers.
Security and Transparency
Scroll places a strong emphasis on security, undergoing multiple rounds of audits by third-party organizations to validate the robustness of its protocol. This commitment to security ensures the integrity and trustworthiness of the platform. Furthermore, Scroll prioritizes transparency throughout the platform’s development process, bolstering decentralization and fostering a sense of community involvement.
Scroll airdrop potential
While Scroll currently does not have its own native token, there are strong indications that the Layer 2 blockchain platform may launch one in the future. The company has secured a significant $80 million in funding from prominent venture capital firms, including Polychain and Sequoia, bolstering the likelihood of a token release in the pipeline. Additionally, Scroll has already launched its mainnet, opening up exciting possibilities for early users.
For users who have actively participated in both mainnet and testnet actions on the Scroll platform, there is the enticing prospect of an airdrop when the native token is eventually launched. An airdrop is a distribution of tokens to eligible users, often as a reward for their engagement and support.
How to get Scroll airdrop
To increase your chances of becoming eligible for this potential airdrop, it is highly recommended to engage in regular transactions on the Scroll platform. Active participation not only enhances your familiarity with the platform but also positions you as a more likely recipient of tokens in the event of a future token launch.
Scroll has recently unveiled the Scroll Origins NFT set, marking a pivotal milestone for the platform. The Scroll Origins NFT set provides users with a distinctive opportunity to experience the platform’s features and offerings well ahead of the crowd. By becoming a part of this exclusive group, users gain an inside track to the latest developments and innovations on Scroll.
Furthermore, these NFTs may hold the key to increasing your chances of being eligible for a potential airdrop once Scroll decides to launch its native token. In the world of blockchain, airdrops are often used to reward active and engaged users. By securing the Scroll Origins NFT set, you position yourself favorably to be considered for such rewards.
Scroll airdrop guide
Mint Scroll Origins NFT
The Scroll Origins NFT, a commemorative NFT recognizing the original contributors to the Scroll platform since its mainnet launch, is a truly distinctive offering. It takes the form of a Soulbound Token (SBT), a designation that sets it apart from conventional NFTs. An SBT is inherently unique in that it cannot be transferred or purchased. Rather, it is a symbol of the individual’s invaluable contribution to the Scroll ecosystem.
To fully embrace the opportunities presented by the Scroll Origins NFT, early contributors and enthusiasts should make it a priority to acquire and hold onto this remarkable SBT. It not only symbolizes your integral role in Scroll’s journey but also signifies your potential for future rewards and exclusive experiences within the Scroll ecosystem.
You need to prepare ETH on the Scroll network to have gas to bridge ETH from Ethereum to Scroll via https://scroll.io/bridge or https://app.rhino.fi/bridge.
Step 1: Visit the Deployment Platform
- To begin your journey to eligibility, navigate to https://minter.merkly.com/deploy. On this platform, select “Basic Contract” to initiate the airdrop setup.
Step 2: Create Your Collection
- Within the Basic Contract interface, provide the necessary details:
- Enter the name and symbol that you’d like to associate with your NFT collection.
- You can also upload an image that represents your collection.
- After completing this information, select “Create collection.”
Step 3: Specify Minting Parameters
- In this step, you’ll be prompted to set the minting fee and edition size for your NFT collection. Take your time to choose values that align with your preferences.
- Once you’ve configured these parameters to your satisfaction, select “Deploy to Scroll zkEVM” to proceed.
Step 4: Verification of Wallet Eligibility
- After the deployment process is complete, it’s crucial to confirm whether your wallet qualifies for the airdrop. To do this, access the verification link at https://scroll.io/developer-nft/check-eligibility.
- By using this link, you can conveniently check the validity of your wallet to ensure it meets the criteria for participation in the Scroll airdrop.
Step 5: Waiting until December 15, 2023 to mint the NFT.
Interact with KyberSwap
Follow this simple step-by-step guide to ensure you’re well-prepared to take part in Scroll airdrop by using KyberSwap:
Step 1: Visit Kyberswap and Connect Your Wallet
- Start your journey by going to kyberswap.com.
- Connect your wallet to the Kyberswap platform. Be sure to select the Scroll network to proceed.
Step 2: Swap ETH for USDC or USDT
- Once your wallet is connected to the Scroll network, navigate to the swapping feature.
- Choose the ETH-USDC or ETH-USDT trading pair that suits your preferences.
- Complete the swap transaction. This step is crucial for your participation in the Scroll airdrop.
Step 3: Earn and Provide Liquidity
- Head to the “Earn” section on the Kyberswap platform.
- Select the “Pool” section within the “Earn” category.
- Here, you will have the opportunity to provide liquidity to a pool. You can select from various pool options such as USDC-USDT, USDC-ETH, or ETH-USDT.
- By providing liquidity to one of these pools, you can help maintain stable token prices and prevent excessive fluctuations, creating a more reliable environment for the Scroll airdrop.
Conclusion of Scroll Airdrop Guide
Participating in the Scroll airdrop by following these straightforward steps allows you to be part of an exciting blockchain community and potentially reap the rewards it offers. Stay tuned for further information and updates from Scroll as the airdrop event approaches, and make sure to visit the official Scroll website for any additional details on this unique opportunity. Hopefully Coincu’s Scroll Airdrop Guide article has helped you have more investment opportunities when joining the Scroll ecosystem early.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Source: https://coincu.com/226370-scroll-airdrop-guide/