bitsCrunch, an Indo-German startup that specialises in AI-powered community-driven NFT data network, has recently launched its incentivized Testnet on the prestigious CoinList platform. The Testnet has already seen overwhelming support from the community, with more than 18,000 users actively participating in Task 3.
This limited-time opportunity allows users to earn rewards and play a crucial role in shaping the future of transparency and data accessibility within the blockchain ecosystem.
The bitsCrunch Testnet is actively seeking participation from operators, projects, and users to contribute to the testing and development of its network. The primary goal of the Testnet is to ensure the security, operations, performance, and user experience before the anticipated mainnet launch scheduled for September 2023.
Task 3, the latest addition to the Testnet, invites users to engage in activities on the UnleashNFTs platform. The UnleashNFTs platform will serve as a testing ground to evaluate the performance, stability, and scalability of the bitsCrunch network testnet API.
To encourage and reward active participation, bitsCrunch has allocated 4,600,000 BCUT tokens, equivalent to 0.46% of the total token supply, for Round 1 of its incentivized testnet program. Out of these, 1,500,000 tokens have been specifically earmarked for Task 3 participants.
Participating users can earn points by actively engaging in various marketing initiatives and regular activities on the unleashnft.com website. These points will determine the eligibility for token rewards, with only the top 1,000 participants accumulating the highest points receiving the rewards.
Interested individuals can join Task 3 by connecting their Ethereum wallet (e.g., via Metamask or WalletConnect) to Unleashnfts.
The connected wallet address will serve as a unique identifier for monitoring participation and awarding points. Token rewards will be distributed to the associated addresses of eligible participants upon the mainnet launch.
To ensure fairness and prevent point farming, each participant will be limited to a single wallet and will have a specific daily cap on accrued points. Additionally, participants are required to link the wallet address used during the testnet and complete the KYC process to be eligible for rewards.
“We are excited to invite the global community to be a part of our incentivized testnet program on CoinList,” said Gopi Kannapan, Chief Product Officer at bitsCrunch. “The Testnet is a crucial step in ensuring the robustness and efficiency of our AI-powered data network. We extend our gratitude to CoinList for hosting our Testnet launch and providing an exceptional platform for participants to engage in Task 3.”