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WebOfTrust
@weboftrust
One surprising trend I’ve noticed with airdrops is the neglect to consider actual users with on-chain KYC-verified wallets and reward them for supporting the ecosystem. For example, Gnosis Pay has 3,137 verified wallets, Optimism has over 300K wallets verified by Coinbase/OP Citizen, and Binance has more than 800K on-chain verified wallets. Additionally, it's easy to filter wallets connected to a CEX on-chain. Moving forward, projects could also include subsets of users displaying human-like behavior, similar to how ZKSync incorporated Farcaster and Lens https://dune.com/pfedan/gnosispay-stats https://dune.com/robin_y/binance-soulbound-token if the goal is to onboard next million users, should we give them a push by rewarding them rather than bots. Seems to a be an missing opportunity.
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PhiMarHal
@phimarhal
KYC goes against the most important values in this space, so personally I'm grateful this hasn't been a thing. Regardless, there's a chance we move in that direction sooner or later. Dystopia: Worldcoin-verified accounts. Utopia: universal attestations where you can share proof of KYC without revealing details.
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WebOfTrust
@weboftrust
That is my point. Even if a wallet is KYCed, it does not expose your details, though you need to trust the central entity doing the verification(hack, information leak). It's still self-custodial, and if we are to go fully unbacked, regulation is a good thing. Imagine /aztec everyone is allowed to participate but those with kyced wallet have higher limit. Privacy, not anonymity
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PhiMarHal
@phimarhal
Yes, trusting the central entity doing KYC is catastrophic identity leakage! I'm hardly a privacy nut myself, but I would never consider doing KYC on my main wallets. To me any wallet that is KYCed should be assumed to be public.
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PhiMarHal
@phimarhal
And obviously I'm talking my book here... Because I'm mindful of separating my activity with my KYC wallets, I'd be screwed by such airdrop setups. 🙂 To be honest, there's already a very high price to pay as is, with many protocols implementing social verification, assuming users only have one address, and so on. Even with the occasional wrench attack, your average fully public person with only one address likely fares a lot better than someone like me bothering with silly principles. Opportunity cost...
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