Despite market downturns, technical challenges, and regulatory uncertainty, community-driven crypto projects continue to thrive, exemplified by the recent launch and airdrop of Arbitrum’s native governance token ARB. The overwhelming demand for the token caused the airdrop claim page to crash, displaying 404 and 429 errors for over an hour. The success of community-driven projects like Arbitrum and Core DAO, with over 1.6 million Twitter followers and 215,000 Discord members, demonstrates the importance of community engagement and transparency.
Decentralization and community ownership are critical to blockchain’s potential, and chains that prioritize scalability over decentralization may not succeed in the long run. Web3 games and metaverse platforms like Aftermath Islands Metaverse are also focusing on community engagement, and their resource pack NFTs represent real ownership of items that can be traded or used within the platform.