Ethereum

Osmosis

Cosmos

<div class="coinjournal">
 <ul>
  <li>Namada’s “Shielded Expedition” testnet offers 3% token rewards in a multiplayer game.</li>
  <li>Participants compete in an “Asteroid Mining Competition,” accumulating ROID points.</li>
  <li>30 million NAM tokens (3% of supply) up for grabs, driving engagement and network testing.</li>
 </ul>
 <p>Namada, the proof-of-stake Layer 1 blockchain protocol developed by the Anoma Foundation, has kicked off its “Namada Shielded Expedition,” an incentivized <a rel="noopener noreferrer nofollow" title="testnet" href="https://thebittimes.com/tag/testnet.html">testnet</a> promising <a rel="noopener noreferrer nofollow" title="participants" href="https://thebittimes.com/tag/participants.html">participants</a> 3% of the total <a rel="noopener noreferrer nofollow" title="token" href="https://thebittimes.com/tag/token.html">token</a> <a rel="noopener noreferrer nofollow" title="supply" href="https://thebittimes.com/tag/supply.html">supply</a> as rewards. The multiplayer role-playing game serves as a prelude to Namada’s mainnet launch in early 2024. Let’s dive into the details of this cutting-edge initiative.</p>
 <p>This strategic move aims to engage users in a multiplayer role-playing game while rigorously testing the network’s capabilities.</p>
 <h2 id="asteroid-mining-competition">Asteroid Mining Competition&nbsp;</h2>
 <p>In this innovative testnet, participants, including validators and users, are thrust into an exciting “Asteroid Mining Competition.” The objective is simple yet profound: accrue ROID points by navigating the intricacies of Namada’s consensus algorithm, CometBFT, and proving its resistance against Sybil attacks.</p>
 <p>A total of 30 million NAM tokens, equivalent to 3% of Namada’s one billion total token supply, are up for grabs. Participants will be ranked based on their accumulated ROID points, fostering a competitive environment and encouraging users to explore Namada’s features. The testnet, commencing on January 15, will run throughout the month, providing a window for users to test and contribute to the network’s refinement.</p>
 <h2 id="namada-s-strategic-initiatives">Namada’s strategic initiatives</h2>
 <p>This recent <a rel="noopener noreferrer nofollow" title="testnet" href="https://thebittimes.com/tag/testnet.html">testnet</a> launch follows Namada’s announcement of a community airdrop, earmarking 65 million <a rel="noopener noreferrer nofollow" title="token" href="https://thebittimes.com/tag/token.html">token</a>s (6.5% of the total <a rel="noopener noreferrer nofollow" title="supply" href="https://thebittimes.com/tag/supply.html">supply</a>) for researchers, developers, and stakers on Cosmos Hub and Osmosis blockchains. These initiatives underscore Namada’s commitment to community involvement and development as it positions itself within the broader Cosmos ecosystem.</p>
 <p>Namada’s proof-of-stake Layer 1 blockchain, scheduled for a first-quarter 2024 mainnet launch, promises asset-agnostic multichain privacy. Leveraging zero-knowledge proofs and featuring a native Ethereum bridge, Namada is poised to play a crucial role in enhancing privacy and interoperability across different blockchain networks.</p>
 <p>The dynamic approach to testing and community engagement underscores Namada’s dedication to refining its protocol and building a robust and innovative blockchain ecosystem.</p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/namada-shielded-expedition-testnet-participants-to-get-3-of-token-supply-tbt73832.html">https://thebittimes.com/namada-shielded-expedition-testnet-participants-to-get-3-of-token-supply-tbt73832.html</a></p>

Namada Shielded Expedition testnet participants to get 3% of token supply

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