Participate in Fhenix opportunity to earn potential rewards
Fhenix
Progress mission: 0 of 7
Rewards
Rewards
TBA
Past rewards
$500 $24,500
Details
Minimal cost
Free
Time required
20 min.
Category
Testnet
Rating
6/10
Risk
Low
The Fhenix team successfully raised funds with a top-tier investor, Multicoin Capital, and they are well-versed in their field.
They've developed some preliminary dApps, but the real action begins in Q1 2024. That's when their testnet launches, allowing developers to start using their network for their own dApps.
Currently, there's not much to do on their dApp, but using it now can make you one of the earliest adopters, which could be beneficial.
Pros & Cons
Why is it worth it?
Investor Influence
Backed by investors familiar with airdrops, like those in zkSync, suggesting similar strategies might be advised.
Dummy Interactions
Offers dummy use cases for user engagement, despite no official dApp activities.
Token Utilization
Uses FHE token for gas fees in the dummy app, confirming its existence.
Qualified Team
Team members have cryptographic expertise from MIT and blockchain experience with major companies like Intel.
Risks to consider
Delayed Testnet Launch
Official activities and testnet are planned for 2024, meaning a wait for real engagement.
How to participate?
Every opportunity has its own rules. Following these closely can significantly increase your chances of qualifying for rewards. Here’s a list of recommendations from our team to help maximise your chances of benefiting from this opportunity.
- Interact with Fhenix Demo: Your main activity in Fhenix is to use the Fhenix Demo. To do this, get test tokens, which are like practice coins, and use them to explore and test how the Fhenix demo works.
- Engage with Zama dApp Activities: Be involved with various activities on the Zama decentralized app (dApp). This includes using the Zama Faucet (a source for free test tokens), interacting with ERC-712 and ERC20 (types of token standards), and participating in Blind Auction and Private Bet.
- Join Zama Discord and Follow Social Media: It's important to join the Zama Discord channel and subscribe to all of their social media channels. This keeps you updated and connected with the community and latest updates.