Shardeum Unveils Stage 3 of Incentivized Testnet: A Prelude to Mainnet Launch

Shardeum, the cutting-edge autoscaling layer-1 blockchain ecosystem, is making waves with the launch of Stage 3 of its Incentivized Testnet (ITN), Atomium, which kicked off on October 1st, 2024. This strategic move is set to bolster community engagement and fortify the network in preparation for the highly anticipated Mainnet launch.

The Journey So Far

  • The completion of the first two stages of ITN garnered participation from over 540,000 users, including 11,000+ validators, and facilitated more than 5 million transactions.
  • ITN Stage 3, running for 3 to 4 weeks, signifies the Testnet’s advanced maturity, thanks to invaluable feedback and support from the community.

    What to Expect in Stage 3

  • Users will have the opportunity to stress test a wider array of on-chain activities and validator functionalities.
  • Rewards await diligent participants, including SHM airdrops, XP, NFTs, and more.

    Words from the Experts

    Chris Chabot, the Head of Developer Relations at Shardeum, expressed his excitement for the upcoming Mainnet launch, acknowledging the dedication of the team in bringing the roadmap to fruition. The team is poised to unveil exciting updates post the completion of ITN Stage 3.

    Engage and Earn

    ITN Stage 3 will feature referral programs, social tasks, rewards challenges, and interactive games to ensure maximum community involvement. Remember, rewards can only be earned through designated quest tasks on the official testnet campaign page.

    About Shardeum

    Shardeum stands as an autoscaling EVM-based layer-1 blockchain, leveraging dynamic state sharding to keep gas fees low and TPS high. By performing consensus at the transaction level, Shardeum reduces the computational power required for validator nodes, allowing for increased decentralization.

    For more details on ITN Stage 3 and how to participate, visit Shardeum’s blog.

    Contacts

  • Director of Communications
    • Priyanka Sharma
    • media@shardeum.org
  • Chief Growth Officer
    • Kelsey McGuire
    • media@shardeum.org

      For the original article, visit Chainwire.

      Analysis:

      In the financial realm, blockchain technology is a game-changer, revolutionizing the way transactions are conducted and verified. Shardeum’s Stage 3 of the Incentivized Testnet represents a pivotal step towards the Mainnet launch, showcasing the platform’s commitment to community engagement and network fortification.

      The overwhelming participation in the initial ITN stages underscores the industry’s confidence in Shardeum’s vision and technological prowess. As Stage 3 unfolds, users can expect a more immersive experience, with the chance to earn rewards while stress-testing the network’s capabilities.

      The insights shared by Chris Chabot shed light on the dedication and hard work put forth by the Shardeum team, setting the stage for an exciting Mainnet debut. By fostering community engagement and incentivizing participation, Shardeum is not only refining its network but also building a robust ecosystem that promises efficiency and security.

      For individuals looking to delve into the world of blockchain technology, Shardeum’s developments offer a glimpse into the future of decentralized finance. The opportunity to contribute to the network’s growth while reaping rewards underscores the democratization of blockchain technology, making it accessible to a wider audience.

      Overall, Shardeum’s Stage 3 of the Incentivized Testnet serves as a testament to the platform’s commitment to innovation, collaboration, and community-driven progress. As the financial landscape continues to evolve, keeping an eye on blockchain developments like Shardeum’s Mainnet launch can provide valuable insights for investors and enthusiasts alike.

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