Akash Network Testnet Challenge - DropsEarn
Akash Network Testnet Challenge

Akash Network Testnet Challenge

    The Akash Network announced the launch of the Incentivized Testnet with the Akashian Challenge on April 30, 2020. The Akashian Challenge consists of a series of tasks that are of varying difficulty levels and enable participants to explore different aspects of the platform, from performing user operations to node operations. To stimulate participants in the Akashian Challenge, allocated 3,000,000 AKT tokens.

    Reward pool
    ~ $60 000
    Expected profit
    from $60
    Max participants
    ~1000
    DropsEarn score
    Medium

  • Activity Type: Testing Programming Contest
  • Date: 22 Apr 2020 12:00(UTC+3) - 25 Jun 2020 12:00(UTC+3)
  • Registration: Closed
  • Event status: You can't participate (Event ended)
  • Links: Token Rewards & Prizes Schedule Official Announcement
Go to event page

How To Register

  1. Registration: Submit the form here. Once the form is submitted, the team will review the information and integrate the information into a publicly viewable spreadsheet for tracking.
  2. KYC/AML: Complete KYC/AML here
  3. Tax Documents: W-8 BEN or W9. Once your KYC application is approved, the team will send either a W-8 BEN for international participants or a W9 via HelloSign.
  4. Status: The status of your participation agreement will be tracked along with the other registration information. The team will also notify you upon completion or rejection of any submitted participation agreements.

Additional Information

The Akashian Challenge will begin on Thursday, April 30th, 2020, and run for 8 weeks in three distinct phases:
 

Phase 1: Node Operations:
The participants earn tokens by solving different challenges related to operating and validating the Akash Blockchain. The challenges will range from setting up Akash node to Governing the network.


Phase 2: Provider Operations:
Phase 2 involves setting up a secure, production-ready, and scalable Datacenter operation as a provider and/or validator on the Akash network. The goal of this phase is to test various adversarial conditions, identify security loopholes and scalability limits of the Akash network. Beyond setting up the operations, participants are incentivized to stress test the limits of the Akash Network.


Phase 3: Developer Operations: 
Phase 3 incentives developers to build on the Akash network. Developers earn tokens by deploying applications. The most creative applications will be selected every fortnight by committee and public in a live-streamed ceremony.
 

Rewards

A total of 3 million AKT (3% of AKT) is allocated for rewards that include:

  1. 64 Finalist Rewards
  2. One-Off Challenges
  3. Phase Completion
  4. Top 5, 10, 20 Finalists
  5. Bi-Weekly Winners
  6. Bonus Challenges

Important Dates

  • Registration Open: April 22, 2020
  • Rewards Details: April 28, 2020
  • Phase 1: April 30, 2020