Announcing NuLink 2.0 Horus Incentivized Testnet

Adopters Feb 8, 2024

NuLink is a ZK Provable Data Privacy Solution revolutionizing the landscape of DApps. Their cutting-edge platform empowers application developers with a comprehensive suite of security and privacy features.

Today, we’re excited to announce the NuLink 2.0 Horus Incentivized Testnet on CoinList. In an effort to battle-test the network and its reward mechanisms ahead of mainnet launch, NuLink is offering 5,000,000 tokens (~0.5% of the total token supply) to qualifying users for their contributions.

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Rewards:

NuLink Network has dedicated 0.5% (5,000,000 NLK) of the total token supply for the Horus 2.0 Incentivized Testnet Program. Approximately 0.1% (1,000,000 NLK) will be utilized to reward experienced node runners, while the remaining 0.4% (4,000,000 NLK) is earmarked for rewarding non-technical participants. All the rewards will vest over 12 months after the TGE (Token Generation Event).

For Validators: NuLink Staking Nodes Competition

  • Reward pool 1,000,000 NLK (Competitive - top 1,000 nodes will be rewarded)

Applicants are required to complete an application form for enrollment. A total of 1,000 staking nodes will be chosen based on the cumulative rewards accrued by each participant. There are ten reward levels in total, and your rank, determined by your cumulative rewards, will dictate your reward level. In essence, the higher your cumulative rewards, the higher your rank, leading to an increased reward level and more significant rewards.

For retail early adopters: NuLink Quest Competition

  • Reward pool 4,000,000 NLK (Competitive - top 10,000 participants will be rewarded)

Participate in a range of activities, including File Sharing DApp testing, NuLink Agent testing, and completing various social media quests. By actively engaging, you stand a chance to be among the top 10,000 participants. Check your points and rank on the leaderboard for the opportunity to earn rewards from a pool of 4,000,000 NLK. For additional information on either reward pool, see here.

Eligibility:

Timeline:

Phase 2 begins February 8, 2024. The start date for Phase 3 is to be announced soon along with more details. The exact duration for each phase is subject to change at the sole discretion of NuLink. Please follow the NuLink social media for the latest updates.

In the realm of decentralized data solutions, NuLink stands out as a pioneer, offering a unique combination of advanced cryptographic integration, decentralized multi-layered architecture, and ease of use and flexibility.

  • A comprehensive cryptographic suite, including Zero-Knowledge Proof, Proxy Re-Encryption, Fully Homomorphic Encryption, and Attribute-Based Encryption, delivers unmatched privacy and security for data sharing and computation.
  • Its decentralized multi-layered architecture, including Application, Cryptograph, Storage, Blockchain, and Watcher Networks, provides unparalleled security and decentralization.
  • Easy implementation for developers, startups, and enterprises, and adaptability across diverse applications, from DeFi to healthcare, make it a user-friendly solution for businesses of all sizes.

NuLink's unique approach to cryptographic technology integration, robust architecture, and user-centric design set it apart as a premier solution for privacy-preserving decentralized applications.

Useful/Community Links


Legal notice

*Any staking activity taken before the announcement will not count toward the testnet program's reward pool. Any accounts that receive tokens from users who staked before the announcement will also not count toward the testnet program's reward pool.

This blog post is being distributed by CoinList Global Services Ltd., dba “CoinList,” or one of its subsidiaries. CoinList does not provide—and this post shall not be construed as—investment, legal or tax advice. This blog post and use of the CoinList website is subject to certain disclosures, restrictions and risks, available here and here.

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