Announcing the Tanssi Incentivized Testnet on CoinList

Adopters May 14, 2024

Tanssi is an appchain infrastructure protocol designed to simplify and accelerate the deployment of application-specific blockchains (appchains). By integrating with Tanssi, any blockchain can be transformed into a modular appchain, equipped with a full suite of essential infrastructural components needed to operate immediately and efficiently.

Today, we’re excited to announce the Tanssi Incentivized Testnet. In an effort to stress test the network’s reliability, operations, and performance prior to mainnet launch, Tanssi is offering 10,000,000 TANS tokens (1.0% of the total supply) to qualifying participants for their contributions.

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Incentives

For the Let’s Forkin’ Dance campaign, a total incentive pool of up to 10,000,000 TANS tokens, representing 1.0% of the total token supply, is allocated to incentivize participants in three distinct tracks:

  • Tanssians: 40.0% of the Incentives pool is dedicated to the top 4,000 participants in this track.
  • Builders: A total of 40.0% of the pool is allocated to builders, with 10% for the highest performers and the remaining % for actively participating builders.
  • Block Producers: 20.0% of the campaign’s incentives are reserved for the top-performing block producers.

Eligibility

  • Tanssians Track: Open to an unlimited number of participants.
  • Builders Track: Participation is based on acceptance into the track. Applicants must fill out the builders form and successfully deploy on Dancebox, Tanssi's Testnet.
  • Block Producers Track: To qualify, block producers must be part of the active set on Dancebox, Tanssi’s Testnet. Interested parties can apply using this form.

For Builders and Block Producers, the organizing team will contact you via email with details about the next steps.

Please note that:

  • Legal Restrictions: Participation in the Let's Forkin' Dance Incentivized Testnet Campaign is open only to individuals and entities in jurisdictions where such participation is legally permitted. The campaign specifically excludes residents and citizens of the United States, its territories, and any jurisdiction where participation would contravene local laws or regulations.
  • Compliance Requirements: Please keep in mind that the Tanssi Foundation reserves the right to potentially KYC participants in order to qualify for incentives.
  • Terms and Conditions: Detailed terms and conditions governing participation will be provided by the Tanssi Foundation at the start of the campaign. It is essential to review these terms to ensure compliance and understanding of the campaign rules.

Please note that certain jurisdictional limitations apply (i.e. participants must be non-U.S./Canada and OFAC compliant), as outlined here.

Timeline

The Let’s Forkin' Dance campaign is expected to run for approximately three months starting on April 30, 2024 and ending on approximately July 31, 2024.

Please note that the timeline may be adjusted at the discretion of Tanssi.

About Tanssi

Tanssi is an appchain infrastructure protocol designed to simplify and accelerate the deployment of application-specific blockchains (appchains). By integrating with Tanssi, any blockchain can be transformed into a modular appchain, equipped with a full suite of essential infrastructural components needed to operate immediately and efficiently.

Key features include a shared and decentralized network of block producers, ensuring robust security and data retrievability, alongside seamless integrations with vital tools like bridges, wallets, block explorers, RPC endpoints, indexers, oracles, and more. As a result, appchains can be deployed in just minutes—a significant improvement over the typical months-long process.

Rapid Deployment & Fast Finality: Tanssi uniquely reduces the time required to launch appchains. Typically, setting up a blockchain infrastructure can take months, but with Tanssi, appchains can be deployed in just minutes. This speed is unparalleled in the industry and crucial for projects needing to scale quickly and efficiently. Appchains deployed through Tanssi also benefit from fast finality (seconds) as opposed to optimistic rollups that can take up to 30+ minutes.

Shared Security and Accessibility: Tanssi offers a shared and decentralized network of block producers. This not only enhances the security of the appchains but also ensures high availability and data retrievability without compromising on performance—key for maintaining trust and functionality in decentralized applications. Tanssi appchains also benefit from shared security so they’re not responsible for bootstrapping their own validator sets.

Comprehensive Ecosystem Integration: Unlike many platforms that require developers to manually integrate additional services, Tanssi appchains come "fully stocked." This includes seamless integrations with essential tools like bridges, wallets, block explorers, RPC endpoints, indexers, oracles, and more, creating a developer-friendly and permissionless environment that is ready to use out of the box.

Learn more at tanssi.network.

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