Arbitrum Token, one of the largest Ethereum layer-2 scaling solutions, is planning to airdrop a new token called arbitrum arb token to community members and daos nft. The arbitrum token airdrop will grant 11.5% of the total supply to eligible arbitrum token users and 1.1% to DAOs that operate in the arbitrum wallet ecosystem. FXStreet reports tha arbitrum twittert ARB is expected to be a competitor to Optimism’s OP token released in May 2022. CoinDesk states that on March 16, 2024, Arbitrum will “cliff unlock” 1.11 billion Arbitrum Token (ARB) worth $1.24 billion at the going market rate of $1.12.

What is a DAO? and How are DAOs different from traditional companies?

A Decentralized Autonomous Organization (DAO) is a types of daos legal structure that has no central governing body and whose members share a common goal to act in the best interest of the entity. DAOs are used to make decisions in a bottom-up management approach, where stakeholders participate in the management and decision-making of an entity. The power is distributed across token holders who collectively cast votes, and all votes and activity through the DAO are posted on a blockchain, making all actions of users publicly viewable. One of the first DAOs named The DAO was an organization created by developers to automate decisions and facilitate cryptocurrency transactions.

DAOs rely heavily on smart contracts, which dictate decision-making based on underlying activity on a blockchain. Voting power is often distributed across users based on the number of tokens they hold, and users must often select between mutually-exclusive options. The theory behind this practice is users who are more monetarily invested in the DAO are incentivized to act in good faith.

In contrast, traditional companies have a hierarchical structure with a central governing body that makes decisions for the company 2. The power is concentrated at the top of the hierarchy, with lower-level employees having little say in decision-making. Traditional companies are also not publicly transparent about their internal operations and decision-making processes.

In summary, DAOs differ from traditional companies in that they have no central governing body, rely heavily on smart contracts, and have transparent decision-making processes. Traditional companies have a hierarchical structure with centralized decision-making and are not publicly transparent about their internal operations.

How can I get involved in a DAO?

Daos crypto is becoming increasingly popular in the Web3 space, and there are many ways to get involved. Here are some tips on how to join a DAO:

Research: Start by researching the DAO ecosystem and finding the right community that aligns with your interests and goals.

Participate: Once you’ve found a DAO that interests you, actively participate in the community by engaging in governance and contributing to projects.

investment daos: You can also invest in DAOs of interest by networking at conferences or swapping into governance tokens.

Remember that DAOs are self-governing entities designed to operate without human intervention and rely on the collective input of their members to execute decisions. The power is distributed across tokenholders who collectively cast votes, and all votes and activity through the DAO are posted on a blockchain, making all actions of users publicly viewable.

What Is Arbitrum coin (ARB)?

Who Are the Founders of Arbitrum?

According to CB Insights, arbitrum foundation has one executive, and the founder of Arbitrum is Germany’s Gedgauds. However, the team behind Arbitrum includes Ed Felten, Steven Goldfeder, and Harry Kalodner, who are former Princeton University researchers with years of experience in computer science, cryptography, and blockchain. Harry Kalodner is the Co-founder and Chief Technology Officer of Offchain Labs, leading the engineering team developing arbitrum airdrop.

How does Arbitrum compare to other Layer 2 scaling solutions for Ethereum?

Arbitrum token is a Layer 2 scaling solution for the Ethereum blockchain that uses optimistic rollup technology to batch transactions, execute them off the main Ethereum chain, and store the confirmation on the main chain. Compared to other Layer 2 solutions like zkSync, it offers a more established ecosystem of dApps and complex smart contracts due to its Virtual Machine.

Polygon, formerly known as MATIC, is another popular Ethereum Layer 2 solution that utilizes the concept of sidechains and offers a proof-of-stake consensus mechanism. It supports three other Layer 2 scaling solutions within its sidechain: plasma chains, optimistic rollups, and ZK rollups.

Optimism is another Layer 2 scaling solution for Ethereum that uses optimistic rollup technology to batch transactions and execute them off-chain. It has been live since July 2021 and has been used by several DeFi protocols such as Uniswap and Synthetix.

In summary, Arbitrum coin is one of the most popular Layer 2 scaling solutions for Ethereum that uses optimistic rollup technology. Other popular Layer 2 solutions include Polygon and Optimism.

How do I use the Arbitrum coin (ARB)?

To use Arbitrum Coin, you can start by researching the DAO ecosystem and finding the right community that aligns with your interests and goals. Once you’ve found a DAO that interests you, actively participate in the community by engaging in governance and contributing to projects. You can also invest in DAOs of interest by networking at conferences or swapping into governance tokens.

If you’re interested in using Arbitrum, you can check out this beginner’s guide to Arbitrum by Trust Wallet. The guide explains what the Arbitrum blockchain is, how it works, and a deep dive into the network’s native token, ARB. It also highlights how you can buy, bridge, deposit, and swap ARB using Trust Wallet.

How can I buy Arbitrum Coin (ARB) tokens?

There are several ways to buy ARB tokens. Here are some options:

SushiSwap: SushiSwap is a decentralized exchange that supports ARB tokens. You can buy ARB tokens on SushiSwap by following these steps:

Get the Metamask (or any other wallet of your choice) wallet browser extension at.

Buy ETH at any fiat-token gateway, and send ETH to your Metamask.

Head over to 7 to bridge your ETH from Mainnet to Arbitrum One.

If your Metamask doesn’t show Arbitrum One yet, head over to and connect your wallet.

Head over to app.sushi.com/swap to swap from ETH to ARB.

Click on “swap” and confirm the transaction in your Metamask Wallet. You may also be asked to sign a Bentobox transaction if this is your first time to purchase $ARB with $ETH.

Coinbase: Coinbase is a centralized exchange that supports ARB tokens. You can buy ARB tokens on Coinbase by following these steps:

On Coinbase.com, click the Buy panel to search and select Arbitrum.

On the Coinbase mobile app, search for Arbitrum by typing “Arbitrum” into the search bar.

When you see Arbitrum appear in the results, tap it to open up the purchase screen.

Trust Wallet: Trust Wallet is a mobile wallet that supports ARB tokens. You can buy ARB tokens on Trust Wallet by following these steps:

Select the “Buy” button from the main wallet page.

Select Arbitrum (ARB) (if you don’t see it, you can use the search function).

Select the amount you want to buy, then select the next “Next” button.

Securities.io: Securities.io is a platform that allows you to buy ARB tokens in four easy steps:

Compare cryptocurrency exchanges that offer the ability to buy ARB cryptocurrency. Create an account and verify your email address and identity. Make a deposit using debit card, credit card, wire transfer, or Bitcoin. Use your funds to buy ARB.

(Please note that this list is not exhaustive, and there may be other ways to buy ARB tokens.)

How can I sell ARB tokens in Arbitrum markets?

There are several ways to sell ARB tokens. Here are some options:

Decentralized exchanges: You can sell your Arbitrum Coin tokens on a decentralized exchange aggregator like inch or Paraswap, which offers features like limit orders so you can sell at the price you’d like to sell for and above.

Centralized exchanges: Alternatively, you could use a centralized exchange (CEX) like Binance or Bybit. Binance is one of the largest cryptocurrency exchanges in the world and supports Arbitrum Tokens. You can trade Arbitrum Coin on Binance by following these steps:

Get the Metamask (or any other wallet of your choice) wallet browser extension at. Buy ETH at any fiat-token gateway, and send ETH to your Metamask. Head over to 7 to bridge your ETH from Mainnet to Arbitrum One. If your Metamask doesn’t show Arbitrum One yet, head over to 8 and connect your wallet. Head over to app.sushi.com/swap to swap from ETH to ARB.

Click on “swap” and confirm the transaction in your Metamask Wallet. You may also be asked to sign a Bentobox transaction if this is your first time to purchase $ARB with $ETH.

(Please note that this list is not exhaustive, and there may be other ways to sell ARB tokens.)

What Makes Arbitrum Unique?

Arbitrum is a Layer 2 scaling solution for the Ethereum blockchain that uses optimistic rollup technology to batch transactions, execute them off the main Ethereum chain, and store the confirmation on the main chain 1. Compared to other Layer 2 solutions like zkSync, it offers a more established ecosystem of dApps and complex smart contracts due to its Virtual Machine.

 Arbitrum provides scalability by increasing transaction throughput and minimizing gridlock, and it emphasizes trustless execution and robust security. It is also developer-friendly, offering compatibility with Ethereum smart contracts and a seamless migration process for existing dApps. Overall, the combination of Optimistic Rollups, full EVM compatibility, high throughput and low latency, decentralized security, and governance make Arbitrum a unique and promising Layer 2 scaling solution for the Ethereum network.

What is the total supply of Arbitrum Token coins?

Arbitrum’s indigenous governance token, ARB, is set to launch on March 23rd, 2023, with a first distribution of 12.75% of the total token supply to eligible participants and decentralized autonomous companies (DAOs). The utility of the ARB token is to make it possible for decentralized administration of the Arbitrum environment. ARB owners control the Arbitrum network by voting on governance proposals for the Arbitrum One and Arbitrum Nova chains. They can also affect just how funds of the DAO treasury will be made use of. Governance propositions can consist of upgrades to the chain, changes to network parameters, allotment of gives and bounties, assimilation of brand-new features and more. Unlike Ethereum, where gas costs are paid utilizing ETH, Arbitrum runs in a different way. On Arbitrum, charges are paid making use of ETH or any other ERC-20 token that DApps assistance. This allows ARB holders to gain costs by laying their symbols and protecting the network, as opposed to investing them to access Arbitrum services. There are 10 billion ARB symbols in circulation. The circulation of tokens is separated as adheres to: 4.278 billion for the Arbitrum DAO treasury (42.78%), 2.694 billion for Offchain Labs groups and experts (26.94%), 1.753 billion for financiers (17.53%), 1.162 billion for individuals through airdrops (11.62%), and 113 million for DAOs with airdrops (1.13%).

How Is Arbitrum Secured?

Arbitrum is secured by a combination of optimistic rollup technology and fraud proofs. Optimistic rollup technology is used to batch transactions, execute them off the main Ethereum chain, and store the confirmation on the main chain. Fraud proofs are used to ensure that the transactions are valid and that no malicious activity has occurred.

Arbitrum Token also uses a Data Availability Committee (DAC) to ensure that data is available off-chain and to provide ultra-low fees. The DAC is a trust-minimized committee that settles on Ethereum, making secure web3 gaming and social finally possible.

Overall, Arbitrum’s security is designed to be trustless, robust, and developer-friendly, offering compatibility with Ethereum smart contracts and a seamless migration process for existing dApps.

Arbitrum Coin Price Live Data

Arbitrum Token is an Ethereum layer-two (L2) scaling solution that uses optimistic rollups to improve speed, scalability, and cost-efficiency on Ethereum. The native token of Arbitrum is ARB, which serves the purpose of governing the platform. ARB holders can vote on proposals that affect the features, protocol upgrades, funds allocation, and election of a Security Council.

Offchain Labs is the developer behind Arbitrum. Its founders are Ed Felten, Steven Goldfeder, and Harry Kalodner, former Princeton University researchers with years of experience in computer science, cryptography, and blockchain. In 2021, Offchain Labs announced that it raised $120 million in its latest Series B funding led by Lightspeed Venture Partners, valuing it at $1.2 billion 3.

(Please note that the information provided is current as of October 15th, 2023.)

Arbitrum Token  news 15/10/2023

Here are some recent news articles about Arbitrum coin:

According to CoinDesk, the Arbitrum community will control 56% of the new tokens. The airdrop will grant 11.5% of the total supply to eligible Arbitrum users, and 1.1% to DAOs that operate in the Arbitrum ecosystem.

Crypto News Flash reports that on October 5, 2023, Arbitrum allocated 50 million Arbitrum (ARB) tokens to incentivize projects, part of its strategy to boost user engagement amid growing competition from rivals like Base and Mantle. This move involved the launch of a $41.5 million grant program to strengthen Arbitrum’s (ARB) ecosystem.

Forbes reports that a crypto CEO believes that competing with Ethereum is a bad idea. VentureBeat reports that Offchain Labs is building Xai as a Layer 3 blockchain platform for games. Blockworks reports that The Graph ditches Ethereum and migrates to Arbitrum in anticipated move.

How much is 1 arbitrum price?

As of now, the price of Arbitrum (ARB) is $0.8116 123. The current circulating supply of Arbitrum is 1.28 billion tokens.