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BlockPI Incentivized Testnet #1

BlockPI

Jun 06, 20223min read

BlockPI Incentivized Testnet #1

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Since the introduction of BlockPI was published, we have received lots of positive feedback and been asked about how to join BlockPI. Here it is. We are excited to announce that the BlockPI incentivized testnet is ready for launch! This incentivized testnet will track the participation of members going forward in leaderboard points that can be earned through various categories well-designed for each role.

The network structure

Major roles in our decentralized network architecture include User, Gateway, HyperNode, Hub, Validator and Fisherman.

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In phase one, User and HyperNode are open to join. The Gateway and Validator will be open to participate in the future.

Why Klaytn?

Klaytn is the very first public chain that BlockPI has integrated with. We will also launch our incentivized testnet on Klaytn.

Klaytn is an EVM compatible Layer1 public chain that was first created by Korean tech giant Kakao in 2019. Since 2022, Klaytn 2.0 has been launched with a focus on metaverse, gamefi and creator economy. And Klaytn is now undergoing global business expansion from its international base in Singapore. These business expansion activities are supported by the Klaytn Growth Fund, which aims to grow the ecosystem of companies built on Klaytn.

As an EVM compatible chain, Klaytn is a good choice as the start of BlockPI’s multichain journey. BlockPI shares the consistent aspiration of global expansion with Klaytn. Meanwhile, BlockPI is honored to be supported by the Klaytn Foundation to build a strong infrastructure for the ecosystem.

Wen?

BlockPI incentivized testnet will launch on June 20, 2022. Phase one will run for approximately 3 months.

The timeline may be updated according to the progress and more events are coming, so make sure you join our Discord and follow us on Medium and Twitter for updates and announcements.

Who can participate and how to join?

Node operators

Welcome all the operators with an interest in running node infrastructure to join BlockPI network as HyperNode, and help us to achieve higher concurrency and lower latency.

Participants need to run the BlockPI HyperNode application with the Klaytn Endpoint Node (full node). It processes requests routed by distributed Gateways and returns responses to the user. Participants will need to complete a series of tasks of different complexity and difficulty. The incentives will be distributed to eligible participants according to the complexity.

If you’re interested in participating in BlockPI testnet, please fill out the Application Form and join our Discord. Limited seats are available. The BlockPI team will be in touch to notify if you are approved and share specific next steps shortly. Only the authenticated node operators will be recorded and receive rewards. We will hold node onboarding conference calls, welcome to join and get more information.

Deadline of HyperNode registration is June 22, 2022, 23:59(UTC+0). More node tasks and activities are coming soon, so stay tuned!

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dApp developers

If you are busy building your dApp or your genius dApp is suffering the RPC service outages, you are the one we have been looking for. Or if you just want to improve stability and scalability of your dAPP, welcome to integrate our API service into your dApp. Try the next generation of infrastructure in Web3 by integrating BlockPI into your application. Make your application efficiently decentralized with low cost, reach out to our business development team at [email protected] to get started.

Web3 users

As a Web3 user, welcome to join the BlockPI community and participate in our community activities and use the BlockPI network to get incentives! We are very keen on getting your feedback. More details are coming soon, make sure you join our Discord and follow us on Twitter and Medium.

Terms and Conditions

Please notice that you may be required to complete “know your customer” (“KYC”) in order to receive the rewards.

By participating in the BlockPI Incentivized Testnet, you agree to all the following:

Terms of Use

Privacy Policy

About BlockPI

BlockPI network is a distributed multichain acceleration layer, engaging in an accessible and decentralized Web3 environment. The BlockPI provides efficient, reliable and high performance decentralized API service for Web3 builders.

About Klaytn

Klaytn is a public blockchain focused on the metaverse, gamefi, and the creator economy. Officially launched in June 2019, it is the dominant blockchain platform in South Korea and is now undergoing global business expansion from its international base in Singapore.

These business expansion activities are supported by the Klaytn Growth Fund, which aims to grow the ecosystem of companies built on Klaytn. The fund is managed and disbursed by Klaytn Foundation, a Singapore-based non-profit organization established in August 2021.

Join our Discord channel and follow us on Medium and Twitter to learn more and get the latest updates.

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