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Backroom Revamps OCD Participation: No Keys Required, Plus Staking Bonuses for Holders

Backroom Revamps OCD Participation: No Keys Required, Plus Staking Bonuses for Holders

Backroom, the platform that's all about curating intel and monetizing value in the crypto space, just dropped a game-changing update on their Onchain Community Deals (OCD). If you're into onchain communities or looking for ways to get involved in emerging crypto projects, this is worth paying attention to.

In a recent announcement shared on X (formerly Twitter), Backroom revealed they're tweaking the requirements for participating in OCDs. Previously, holding a key from the OCD host was a must-have to join in. But now, that's no longer the case. The goal? To broaden the user base and make onboarding smoother for newcomers. This means more people can dive in without the barrier of acquiring specific keys upfront.

Instead, the focus shifts to staking $ROOM, Backroom's native token. Your personal allocation in an OCD will be based on how much $ROOM you stake, divided by the total staked by all participants. It's a "skin in the game" approach—essentially, the more you commit, the bigger your slice of the deal. This rewards those who are truly invested in the ecosystem.

But don't worry if you're a key holder; Backroom hasn't forgotten about you. Keys remain a core part of what makes the platform unique, tying creators and their communities together. To keep that special, they're introducing a 33% staking power bonus for anyone holding one or more keys from the OCD host. So, if you've got keys, your staked $ROOM gets a nice boost, giving you an edge in allocations.

This update comes as Backroom gears up for their next OCD, with details expected to drop later today. It's still in the experimental phase, so expect more refinements as they gather feedback.

For context, Backroom positions itself as "the market" for information edges in crypto. Think of OCDs as exclusive opportunities hosted by community creators, where participants can get in on deals that might involve token launches, airdrops, or other value-adds. By lowering the entry barrier while incentivizing key ownership, Backroom is striking a balance between accessibility and loyalty rewards.

If you're curious about getting started, head over to their platform at usebackroom.com and explore staking options. Keep an eye on their X account @useBackroom for the full OCD announcement.

This move could shake things up in the meme token and onchain community space, making it easier for blockchain enthusiasts to participate and potentially uncovering more hidden gems. What do you think—will this boost adoption for $ROOM? Share your thoughts in the comments below!

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