Scroll launches $SCR token to empower global community October 2024
- Scroll, a leading zero-knowledge rollup for Ethereum, has launched its native token, $SCR, on October 22, 2024.
- The token aims to recognize and reward the global community of contributors while enhancing decentralized governance and ecosystem resilience.
- With $SCR's introduction, Scroll is pursuing its mission to build a scalable and secure decentralized world that benefits all users.
In a significant development in the blockchain space, Scroll announced the launch of its native token, $SCR, on October 22, 2024, in Hong Kong. This initiative is designed to acknowledge the contributions of a global community engaged in various on-chain activities and projects built on Scroll. The launch marks an important step towards fostering a decentralized future by promoting active community participation and support. The initial distribution of $SCR will include airdrops to users who have engaged with Scroll's ecosystem, covering contributors such as developers, researchers, and educational organizations. By targeting these key groups, Scroll aims to maximize the impact of its token distribution and ensure greater community involvement in the platform's evolution. Scroll's focus on advanced zero-knowledge technology ensures robust security, rapid finality, and high throughput in its operations. These features solidify the platform’s position as a cornerstone in Ethereum's ecosystem, making the utility of $SCR even more significant. Furthermore, the launch of $SCR reinforces Scroll's commitment to decentralization, creating a more resilient and innovative environment. This milestone reflects Scroll’s vision of building an accessible and secure on-chain future, empowering its community to drive growth and innovation collaboratively.