Be eligible for any potential rewards!
Quai Network
DeFi
Infrastructure
Quai Network
Progress mission: 0 of 7
Rewards
Rewards
TBA
Past rewards
$300 $28,000
Details
Minimal cost
Free
Time required
15 min.
Category
Testnet
Rating
6/10
Risk
Low
The Quai Network is a Layer-1 blockchain, which requires a token to operate. To ensure decentralization, the project must distribute tokens to a large group of people. Currently, the most effective method for this is an airdrop.
A major concern is the limited funds raised, totaling $10 million, and the lack of on-chain interactions. Presently, there are various quest activities available, suitable for novice users. For more experienced users, there is the opportunity to become an ambassador. This role is more challenging, but ambassadors typically receive larger rewards and sometimes even a job offer.
Information
Quai Network announced that airdrop rewards for their airdrop campaign will be calculated according to the amount of $QUAI and $QI users can accumulate during the testnet phase.
Pros & Cons
Why is it worth it?
Risk-Reward Balance
Quai Network operates on a test network, making it risk-free for users to try.
Rewards for Early Adopters
Potential 4% rewards for contributors, as indicated by the team.
Low Competition
Few users compared to tier1-3 projects.
Layer-1 Blockchain
A token is essential for operating a Layer-1 blockchain.
Risks to consider
Limited Funds Raised
Currently, only $10 million raised, limiting growth.
Weak Community Engagement
Limited ways for people to get involved, slowing community growth.
Limited On-Chain Missions
Few on-chain interactions in the testnet.
Tokenomics and Roadmap Changes
Frequent changes in tokenomics and roadmap cause uncertainty about project plans and timelines.
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.
- Tasks for Non-Technical Users: If you're not tech-savvy, you can still participate in this opportunity by completing quests. These quests can include social activities and Galxe quests, where you earn points by finishing tasks.
- For Experienced Users: If you have more experience, consider becoming an ambassador. This role involves creating content related to a project, sharing it on social media, and promoting the project in various ways.