Verida Network Incentivized Testnet: Verida Missions

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With Verida Missions provides an opportunity for users to experience the functionalities of the Verida network, offer valuable feedback, and earn rewards for their active participation.

Unlocking Your Early Access Pass

While early access is underway, there is still an opportunity for you to secure your spot and be among the first to access the incentivized testnet. By embarking on Zealy quests and achieving level verification in Discord community, you can unlock your pass and become an active participant in shaping the future of self-sovereign data ownership.

Verida: Empowering Self-Sovereign Data Ownership

Verida believes that every individual has the right to own and control their personal data. Verida privacy-first self-sovereign data network for web3 provides a decentralized ecosystem where users can reclaim their data from centralized platforms, create decentralized identities, and unlock the potential of new applications that put them in charge. Verida Missions further strengthens this mission by stress-testing the network infrastructure and applications, ensuring a robust and reliable platform for users.

What are you waiting for?

Verida Missions offers an exciting opportunity to be at the forefront of the data ownership revolution. As early access opens and the public release date approaches, the project invites you to join its growing Discord community, complete Zealy quests, and secure your early access pass to start earning rewards.

Join Verida Missions today and be part of the movement that empowers individuals to take control of their personal data, ensuring privacy, security, and autonomy in the digital world. Together, we can shape a future where data is truly in our hands.

Owning Verida personal data is both a human right and the unlock to online experiences that improve our lives and cyber safety. Verida, a privacy-first self-sovereign data network for web3, is making this possible.

Verida Incentivized Testnet

The testnet is designed to provide users with an opportunity to try out the network’s functionality, offer feedback, and earn rewards for their participation.

The incentivized testnet will rollout over several phases, each with their own campaigns. The first phase will be focusing on end users, allowing them to install the Verida Wallet and progress through different campaigns designed to battle test the Verida network.

In future phases, the team will work closely with storage node operators and application developers to further decentralize the Verida network and build a world leading onboarding experience for web3 builders.

Why participate in the Verida incentivized testnet?

Verida’s mainnet launch is slated for mid 2023. In the leadup, the team plans to accelerate growth to onboard users, application developers and node providers onto the network. Early participants who contribute to the incentivized testnet will be rewarded with Verida’s native protocol token, VDA — redeemable for mainnet tokens upon launch.

More than 60% of the Verida token supply is dedicated to rewarding ecosystem participants for supporting the network rollout. A portion of this token supply will be set aside for the incentivized testnet.

What can you do?

As a user during the incentivized testnet, you can explore the many features of the Verida network and applications. You will create decentralized identities, reclaim your personal data stored in centralized platforms and unlock early access to new applications. You will download the Verida Wallet and experiment with the decentralized social platform, Verida One.

We will provide more details over the coming weeks as each campaign is announced.

What is the VDA token?

The native token of the Verida network (VDA) creates a data economy enabling secure interactions between accounts to facilitate secure data storage, trusted sharing, fast querying and secure messaging.

The Verida network is a self-sovereign “user-pays” model, whereby users pay for their own storage needs. In this way, “access to user data” is not the product, rather the product is the “security and protection” of user data.

Storage node operators must stake VDA tokens in order for their nodes to be discoverable on the network and be available for selection by end users.

The Verida token plays an important role in bootstrapping the network by incentivizing and rewarding users for connecting their identities and data, while rewarding storage node operators for providing storage infrastructure to end users.

The Verida Data Economy

VDA has a fixed total supply of 1 billion tokens. Creating a native token allows for the design of economic incentives in the Verida network that provides control over the setting of monetary policy and equitable rewards for all network participants.

How can you participate?

Every individual has personal data to reclaim. Verida’s infrastructure will impact millions of lives. For this reason, we should all have a say. The incentivized testnet is open to everyone and all, interested in privacy-focused data management on web3.

More information will be posted on our blog in the following weeks as the Verida team prepares to launch the first user campaign. Subscribe to receive updates and join Verida self-sovereign community today.

This is an opportunity to contribute to a solution expected to change the nature of data on the internet. It’s about time! Join the data decentralization movement and create consensual, empowering online experiences for all.

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