Akash Network Testnet Challenge - DropsEarn
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Akash Network Testnet Challenge

Akash Network Testnet Challenge

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Reward pool

~ $60 000

3 000 000 AKT

Expected profit

from $60

from 3000 AKT

Max participants

~1000

People

DropsEarn score

Medium

Hard, Low Risks

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

About

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.

Activity Type

Testing

Programming

Contest

Date

22 Apr 2020 12:00(UTC+3) - 25 Jun 2020 12:00(UTC+3)

Registration

Closed

When Reward:

None

Event Status

You can't participate(Event ended)