Crypto Venture Capital Firm a16z Launches Airdrop Pickup Tool

Crypto venture capital firm a16z launches airdrop pickup tool. Users create a key and a secret, and concatenate hash to create the commitment. The commitment can then be transmitted across a public or private channel without leaking information. An admin assembles a Merkle tree of these commitments and deploys the smart contracts. Users can then redeem airdrop tokens with a zero-knowledge proof that they belong in the Merkle tree without revealing which commitment is associated with their public key.
Source

a16z

Airdrop

Tools

Related News
Linea filters over half a million Sybil addresses from upcoming token airdrop Linea filters over half a million Sybil addresses from upcoming token airdrop
Filecoin's largest protocol Glif set to airdrop 100 million tokens Filecoin's largest protocol Glif set to airdrop 100 million tokens
ZRO token falls 17% amid controversy over LayerZero’s ‘not an airdrop’ ZRO token falls 17% amid controversy over LayerZero’s ‘not an airdrop’
Layer 2 network Blast to roll out its token airdrop next week Layer 2 network Blast to roll out its token airdrop next week
LayerZero Introduces a Self-Reporting Mechanism to Tackle Sybil Activity LayerZero Introduces a Self-Reporting Mechanism to Tackle Sybil Activity
Latest News More More
Kraken launches forex perpetual futures with up to 20x leverage
Bybit CEO says nearly 28% of $1.4 billion hacked crypto 'gone dark,' moved to P2P and OTC
2 Days Ago Eliza Labs unveils auto.fun, a no-code AI agent launchpad with 'fairer than fair' token model
2 Days Ago Non-KYC exchange eXch to close down under money laundering scrutiny tied to Lazarus Group
3 Days Ago Base scrutinized over promotion of token that briefly crashed 95%; says part of 'contentcoin' vision
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open