![NYC Edgeware Meetup Group cover photo](https://secure.meetupstatic.com/photos/event/c/0/4/3/clean_482809219.webp)
What we’re about
The purpose of this Meetup is to discuss and learn about developments for Edgeware, a high-performance, self-upgrading WASM smart contract platform that will be the first parachain in the Polkadot ecosystem.
The mainnet will launch on September 15.
Background (from the white paper):
Edgeware integrates advanced features like proof-of-stake validation, WebAssembly smart contracts, and an interface for on-chain identity and governance.
By distributing balances to Ethereum holders who timelock
their tokens, Edgeware secures an early community of stakeholders incentivized to participate in the network’s governance.
Using a community-governed block reward and on-chain governance processes, stakeholders vote on upgrade proposals. This governance process is
used to fund, manage, and deploy improvements to the network, creating
a self-improving system that coordinates and supports its own development.
https://arena-attachments.s3.amazonaws.com/4283183/6f6c1e4dd35661c6e0eb001caa537ac3.pdf?1557976574
The Lockdrop is currently open to participation for ETH holders:
https://edgewa.re/lockdrop/
ETH holders may lock their ETH for 3, 6, or 12 months, or may signal (indicate support for Edgeware without locking ETH).