Protocol RFP by @LayerZero_Labs allows projects building on LayerZero to designate how ZRO may be distributed to their community ✨

Holograph’s aim is to reward 237,723 unique addresses who have contributed the most to the protocol’s growth over the years

Holograph strives to foster healthy community engagement while incentivizing continued participation in the LayerZero ecosystem

commonwealth.im/layerzero/disc… Holograph plans to distribute 90% of the reward to the community & 10% to the development team

The community allocation intends to be distributed to participants who earned over 250 XP by executing specific onchain actions on @holographapp

These actions included minting an NFT (40%), bridging an NFT (40%), & deploying an NFT collection (10%)

The XP minimum helps to reward the most engaged participants

With the minimum in place, the number of eligible addresses is reduced to 237,723 out of 1,545,539, which is the total number of address that have ever transacted on Holograph App

This ensures that rewards are distributed to the community members who are most likely to continue to support the Holograph & LayerZero ecosystems

Allocations are intended to be distributed to addresses on a weighted basis tied to the number of transactions executed per onchain action

The developer allocation (10%) intends to be distributed to the development team, as recommended by LayerZero

The development team has played a critical role in building & scaling Holograph for the past three years

Their efforts have led to Holograph being one of the most widely used protocols in the LayerZero ecosystem

1/ Holograph is now live on the Ethereum, Polygon, & Avalanche mainnets 🥳

Holograph makes creating multichain digital assets 10x easier, cheaper, & faster ✨ 2/ The recent proliferation of execution environments in the form of L1s, sidechains, & rollups has increased access to inexpensive block space

1/ In this thread, we unpack Holograph’s thesis with respect to NFT interoperability

We cover the current state of cross-chain communication, crypto as religion, Holograph in the context of omnichain, & how we see these ideas evolving over the next several years

🧵👇 2/ Public blockchains are open within themselves, but don’t easily communicate with each other

Currently, blockchains are locally composable, but not globally composable

1/ Introducing Holograph

Today, we proudly introduce Holograph, which will soon provide omnichain NFT infrastructure for creators, developers, & enterprises

A 🧵on how we started, where we’re at, & where we’re going 2/ Our founder, @JeffG1uck, spent the last 15 years as an IP lawyer defending creators against copyright infringement
hypebeast.com/2016/6/jeff-gl…