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Brief on what we’re building
Onchain is a coin on base that rewards onchain enthusiasts
$onchain rewards people for activities on base. If you’re active onchain — you’re eligible for $onchain airdrop.
Your onchain score depends on your activity: tokens, nfts, transactions, owning ens, FC-native assets, etc. We check the wallets' onchain history via frame on farcaster. We believe onchain identity is more about the wallet's history, rather than it's balance.
$onchain is a bet on the victory of onchain solutions over TradFi, and our support of onchain enthusiasts will continue in various formats.
<aside> 💡 The future in onchain
</aside>
What is onchain?
In the coming years, trillions of world finance, along with government treasuries, will begin to flow into crypto. DeFi TVL will increase many times over. Thanks to the tremendous work of builders on the variety and quality of onchain services, Web3 will enter a new era of mass adoption. Millions of common people around the world will securely own deflationary assets, store and transfer value on the blockchain. We call this process Onchainization.
Onchainization is a new global order in which the undisputed power of states, banks and corporations over global finance is waning, giving way to transparent and decentralized systems that encourage freedom, creativity and innovation.
$onchain is a bet on the victory of onchain solutions over TradFi, it is a bet on the onchainization of the global economy. The ticker is $onchain.
You don’t have to follow all the criteria to be eligible. Just be active onchain, that’s all.