{"id":25089,"date":"2023-12-15T16:06:42","date_gmt":"2023-12-15T16:06:42","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/namada-shielded-expedition-testnet-participants-to-get-3-of-token-supply\/"},"modified":"2023-12-15T16:06:42","modified_gmt":"2023-12-15T16:06:42","slug":"namada-shielded-expedition-testnet-participants-to-get-3-of-token-supply","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/namada-shielded-expedition-testnet-participants-to-get-3-of-token-supply\/","title":{"rendered":"Namada Shielded Expedition testnet participants to get 3% of token supply"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/12\/1702654209640-5efa1cf4-7777-4542-a14f-d971b8edd6e2-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/12\/1702654209640-5efa1cf4-7777-4542-a14f-d971b8edd6e2-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/12\/1702654209640-5efa1cf4-7777-4542-a14f-d971b8edd6e2-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/12\/1702654209640-5efa1cf4-7777-4542-a14f-d971b8edd6e2-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>Namada\u2019s \u201cShielded Expedition\u201d testnet offers 3% token rewards in a multiplayer game.<\/li>\n<li>Participants compete in an \u201cAsteroid Mining Competition,\u201d accumulating ROID points.<\/li>\n<li>30 million NAM tokens (3% of supply) up for grabs, driving engagement and network testing.<\/li>\n<\/ul>\n<p>Namada, the proof-of-stake Layer 1 blockchain protocol developed by the Anoma Foundation, has kicked off its \u201cNamada Shielded Expedition,\u201d an incentivized testnet promising participants 3% of the total token supply as rewards. The multiplayer role-playing game serves as a prelude to Namada\u2019s mainnet launch in early 2024. Let\u2019s dive into the details of this cutting-edge initiative.<\/p>\n<p>This strategic move aims to engage users in a multiplayer role-playing game while rigorously testing the network\u2019s capabilities.<\/p>\n<h2>Asteroid Mining Competition\u00a0<\/h2>\n<p>In this innovative testnet, participants, including validators and users, are thrust into an exciting \u201cAsteroid Mining Competition.\u201d The objective is simple yet profound: accrue ROID points by navigating the intricacies of Namada\u2019s consensus algorithm, CometBFT, and proving its resistance against Sybil attacks.<\/p>\n<p>A total of 30 million NAM tokens, equivalent to 3% of Namada\u2019s 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\u2019s features. The testnet, commencing on January 15, will run throughout the month, providing a window for users to test and contribute to the network\u2019s refinement.<\/p>\n<h2>Namada\u2019s strategic initiatives<\/h2>\n<p>This recent testnet launch follows Namada\u2019s announcement of a community airdrop, earmarking 65 million tokens (6.5% of the total supply) for researchers, developers, and stakers on Cosmos Hub and Osmosis blockchains. These initiatives underscore Namada\u2019s commitment to community involvement and development as it positions itself within the broader <a href=\"https:\/\/coinjournal.net\/cosmos\/what-is-cosmos\/\">Cosmos ecosystem<\/a>.<\/p>\n<p>Namada\u2019s 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>\n<p>The dynamic approach to testing and community engagement underscores Namada\u2019s dedication to refining its protocol and building a robust and innovative <a href=\"https:\/\/coinjournal.net\/news\/tag\/blockchain\/\">blockchain ecosystem<\/a>.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/namada-shielded-expedition-testnet-participants-to-get-3-of-token-supply\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Namada\u2019s \u201cShielded Expedition\u201d testnet offers 3% token rewards in a multiplayer game. Participants compete in an \u201cAsteroid Mining Competition,\u201d accumulating ROID points. 30 million NAM tokens (3% of supply) up for grabs, driving engagement and network testing. Namada, the proof-of-stake Layer 1 blockchain [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":25090,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/25089"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=25089"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/25089\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/25090"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=25089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=25089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=25089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}