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Shardeum
Infrastructure
DeFi
Shardeum
Progress mission: 0 of 18
Rewards
Rewards
TBA
Past rewards
$1,100 $16,300
Details
Minimal cost
Free
Time required
15 min.
Category
Testnet
Rating
7/10
Risk
Low
Shardeum has raised $23.6 million from different investors. It provides cost-free participation with a confirmed airdrop and not much competition.
However, it has modest funding and is backed by lower-tier venture capital firms.
Pros & Cons
Why is it worth it?
Cost-Free Participation
Being on testnet, it requires no financial input to join.
Planned Airdrop
Tokenomics show a 5% allocation for "Ecosystem & Airdrops", confirming an upcoming airdrop.
Less Rivalry
Limited hype means fewer competitors for the airdrop.
Imminent Airdrop
Roadmap points to a near-term mainnet launch, suggesting the airdrop could happen soon.
Influential Co-founder
A co-founder with past success in launching WazirX, indicating potential for effective future listings.
Risks to consider
Limited Funding
Raised a smaller amount compared to other Layer-1 projects.
Lower-Tier Support
Most backing VCs aren't regarded as top-tier in the industry.
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 Shardeum dApps: The primary task is to use various decentralized apps (dApps) in the Shardeum ecosystem. This includes making swaps (exchanging cryptocurrencies), minting NFTs (Non-Fungible Tokens), and providing liquidity (funding for others to trade). Since Shardeum is in its testnet phase, the amount you transact isn't important. Explore different apps available in the ecosystem.
- No Need to Repeat Actions: Repeating the same actions on the dApps isn't necessary. The focus is on trying out various functions and apps rather than repeating them.
- Stay Active on Social Media: Follow Shardeum's social media channels and participate actively to gain recognition from the project. This can include engaging in conversations, sharing updates, and contributing to discussions.
- Earn Roles in Discord: By being active on Discord, you can earn various roles within the Shardeum community. These roles can signify your engagement and contribution to the community.
- Run a Node (for Experienced Users): If you are more experienced in cryptocurrency and technology, you can contribute to Shardeum by running a node. This is a more advanced activity and involves maintaining a part of the network's infrastructure.