On August 27th, according to Cointelegraph, Rumpel Labs announced in the announcement that it will launch a new DeFi protocol in September to allow users to tokenize and trade airdrop points. Rumpel is backed by venture capital firms such as Dragonfly and Variant, and its "goal is to improve the liquidity and price discovery of off-chain loyalty points, unlocking new opportunities for point holders, traders, airdrop hunters, and point issuers".
Rumpel sought to address the myriad restrictions on airdrops by "allowing users to package each earned point into a Rumpel Point Token through a dedicated wallet", which, according to Rumpel, "allows point farmers to sell points, point investors to buy points, point issuers to continue issuing points, and the actual value of points is more transparent"
Rumpel Labs, backed by companies such as Dragonfly, will launch its airdrop points tokenization platform in September
2024-08-27 03:40:07
27 news cointelegraph report rumpel labs announcements announcementsdesk3cryptocurrencydesktopCrypto News
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