Namada Shielded Expedition testnet members to get 3% of token provide

• Namada’s “Shielded Expedition” testnet affords 3% token rewards in a multiplayer recreation.
• Individuals compete in an “Asteroid Mining Competitors,” accumulating ROID factors.
• 30 million NAM tokens (3% of provide) up for grabs, driving engagement and community testing.

Namada, the proof-of-stake Layer 1 blockchain protocol developed by the Anoma Basis, has kicked off its “Namada Shielded Expedition,” an incentivized testnet promising members 3% of the full token provide as rewards. The multiplayer role-playing recreation serves as a prelude to Namada’s mainnet launch in early 2024. Let’s dive into the small print of this cutting-edge initiative.

This strategic transfer goals to interact customers in a multiplayer role-playing recreation whereas rigorously testing the community’s capabilities.

Asteroid Mining Competitors 

On this revolutionary testnet, members, together with validators and customers, are thrust into an thrilling “Asteroid Mining Competitors.” The target is straightforward but profound: accrue ROID factors by navigating the intricacies of Namada’s consensus algorithm, CometBFT, and proving its resistance towards Sybil assaults.

A complete of 30 million NAM tokens, equal to three% of Namada’s one billion whole token provide, are up for grabs. Individuals will probably be ranked primarily based on their collected ROID factors, fostering a aggressive atmosphere and inspiring customers to discover Namada’s options. The testnet, commencing on January 15, will run all through the month, offering a window for customers to check and contribute to the community’s refinement.

Namada’s strategic initiatives

This current testnet launch follows Namada’s announcement of a group airdrop, earmarking 65 million tokens (6.5% of the full provide) for researchers, builders, and stakers on Cosmos Hub and Osmosis blockchains. These initiatives underscore Namada’s dedication to group involvement and improvement because it positions itself throughout the broader Cosmos ecosystem.

Namada’s proof-of-stake Layer 1 blockchain, scheduled for a first-quarter 2024 mainnet launch, guarantees asset-agnostic multichain privateness. Leveraging zero-knowledge proofs and that includes a local Ethereum bridge, Namada is poised to play an important function in enhancing privateness and interoperability throughout completely different blockchain networks.

The dynamic strategy to testing and group engagement underscores Namada’s dedication to refining its protocol and constructing a strong and revolutionary blockchain ecosystem.