Exciting news for altcoin enthusiasts! Layer-1 blockchain Shardeum, built on the familiar EVM structure, has officially announced its airdrop roadmap. Thus, it paved the way for the distribution of 25.4 million SHM tokens in three different stages. This move demonstrates Shardeum’s plan to reward its community as it prepares to launch its incentivized testnet. It’s also a sign of its push to attract early contributors. Here are the details…
Altcoin project rewards early investors
Shardeum immediately rewards those who have supported the project since its early days. This includes “off-chain contributors” who help with design, content creation, and community engagement, as well as “on-chain contributors” who participate in network management, operations, and dApp testing. Specifically, the top 50 node validators will receive a significant share of the rewards. Details will be announced after the Incentive Testnet launch.
The upcoming Incentive Testing Network is shaping the future of the platform. Meanwhile, it offers users a golden opportunity to earn SHM tokens. Users contribute to the development of Shardeum by actively participating in this stage. They can also receive their share of the allocated rewards. This final phase is focused on rewarding contributors to the Shardeum Mainnet. Specific criteria and activities were not disclosed, but Shardeum emphasizes its commitment to recognizing valuable contributions that drive growth and adoption of the ecosystem.
They aim to create a solid ecosystem
Shardeum’s airdrop goes beyond just distributing tokens. This underlines the project’s vision of creating a thriving community around a scalable and secure layer-1 blockchain. By encouraging early participation and rewarding valuable contributions, Shardeum aims to attract developers, validators, and users and foster a robust ecosystem from the ground up.
Shardeum is an EVM-compatible smart contract platform that leverages Dynamic State Sharding technology to achieve linear scalability while maintaining decentralized management and security. Its native token, SHM, serves a variety of purposes including staking, governance, and gas fee payment. Shardeum, managed by an experienced team including Nischal Shetty, founder of WazirX, attracts attention. Thus, it aims to offer a faster, cheaper and more efficient platform for dApps and DeFi development.
Shardeum joins the airdrop train
Shardeum, which has an airdrop roadmap, opens its doors to the community. The project was developed by a team with a lot of experience in the market. Most notably, Nischal Setty, founder and CEO of WazirX, a major crypto exchange in India. Shardeum’s goal is to create a better layer-1 that will serve the development of DeFi and other dApps. Shardeum became the latest project to join the airdrop wave of DeFi protocols such as JUP, WEN, ZetaChain (ZETA), Manta Network (MANTA), AltLayer (ALT) last month…
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