What Is ICN Fairdrop?
Not all participation is created equally. The Fairdrop is our innovative version of Airdrops, with a key difference: it rewards meaningful engagement, not simply participation. Unlike standard Airdrops, where tokens are distributed randomly, The Fairdrop ensures that rewards are based on active involvement in ICN’s Testnet. The more you contribute, the more you can earn. With 1.5% of the initial ICN Token Supply allocated for The Fairdrop, our most engaged users will benefit from their contribution, fairly well.
The Core Mechanics of Fairdrop
Here’s how The Fairdrop works:
- Engagement-Based Rewards
Rather than distributing tokens randomly, Fairdrop tracks every user’s activity on the Testnet. Rewards are distributed based on each participant’s level of contribution, ensuring that those who actively engage with the platform are fairly rewarded.
- Points System
Participation is measured using a points (XP) system. By completing tasks, testing features, and contributing to the development of the Testnet, users earn XP. The more XP you accumulate, the higher your reward tier, bringing you closer to earning ICN Tokens.
- Dynamic Allocation
Rewards are determined by your overall engagement. The top 20,000 most active participants will be prioritized, with those who contribute more effort being rewarded with more tokens. The harder you work, the higher you’ll climb the leaderboard. Rewards will be distributed across three tiers - top, mid, and low, with the top tier receiving the highest rewards and others benefiting based on their contributions.
- Fair and Transparent
We ensure that every action you take is visible and trackable, making the Fairdrop process completely transparent. This way, it’s clear how your contributions translate into rewards, leaving no room for ambiguity.
Your (Testnet) engagement matters!
Beyond testing and refining our technology, the ICN’s Testnet also plays a crucial role in expanding our online reach. Community engagement is just as essential as technical development. By participating in the Testnet, you’re also helping to raise awareness about ICN, increase its visibility, and strengthen its presence in the decentralized ecosystem. Your contributions not only help improve the technology but also bolster ICN’s growth and impact. And as ICN grows, so do the opportunities for everyone involved.
Exclusive Perks for Early Participants
For OGs and whitelisted members, we’re offering additional perks, including:
- Early access to the Testnet (3 days ahead of the general public).
- A points (XP) booster, giving you a head start and an advantage in climbing the leaderboard.
These perks make it even more rewarding for early participants to get involved.
Timeline and Phased Launch
We’re excited to announce the launch timeline for ICN Testnet! The Testnet will go live for OGs and whitelisted participants on October 21st, with general access opening for everyone on October 24th. Tasks will be rolled out in three phases, each following shortly after the previous one, allowing you to progressively engage with new challenges and opportunities. Stay connected to maximize your participation!
How do You get started
Throughout the ICN’s Testnet, participants will have opportunities to engage by testing new features, providing feedback, reporting bugs, and contributing to community-driven initiatives. Each of these activities will help you earn points, which in turn boosts your Fairdrop ranking.
Here’s how to get involved:
- Join the ICN’s Testnet: Start by exploring the platform and testing new features.
- Complete Tasks: Participate in tasks and help improve the Testnet.
- Climb the Leaderboard: The more you engage, the higher you’ll rank, increasing your rewards.
- Stay Updated: Follow updates and announcements to maximize your chances of earning rewards.
Summary
The ICN’s Fairdrop isn’t just about handing out rewards - it’s about recognizing and appreciating your contributions to the ICN ecosystem. Whether you’re an OG, whitelisted participant, or just getting started with the Testnet, Fairdrop ensures that your engagement is rewarded. The more you contribute, the more you earn, so jump in and help shape the future of ICN!
Stay tuned for updates, and get ready to claim your rewards!
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