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bitsCrunch calls all DApps and NFT projects to join incentivized API testing

25 July 2023
in Meta News
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bitsCrunch calls all DApps and NFT projects to join incentivized API testing
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bitsCrunch is inviting NFT projects and B2B companies to participate in the Closed Group Testing of its cutting-edge NFT APIs. By joining this select group, participants will gain early access to bitsCrunch’s APIs so they can integrate them into their applications or DApps. Feedback and insights will play a crucial role in refining bitsCrunch’s APIs and creating a safer NFT ecosystem, and participants also stand to earn rewarding incentives.

About bitsCrunch

bitsCrunch is a leading provider of NFT data solutions. Its AI-powered community-driven NFT data network specializes in providing enriched NFT data, offering valuable insights and analytics to drive growth and success for NFT projects and B2B companies.

Closed Group Testing details

The Closed Group Testing will focus on evaluating the effectiveness and seamless integration of bitsCrunch’s NFT APIs into existing systems. Participants will be required to make API calls and integrate bitsCrunch NFT APIs into their applications or DApps. Whether NFT projects or B2B companies seeking to leverage NFT data, all participants’ experience will be invaluable in fine-tuning bitsCrunch’s APIs to meet their specific requirements. The tasks involved in the testnet program are of moderate complexity. It’s expected that participants have a good understanding of API integration and the technical aspects of DApps to successfully contribute to the program.

Token-based rewards

bitsCrunch highly values its participants for taking part and contributing to the growth of the NFT ecosystem. As a token of its appreciation, participants who successfully complete all tasks will be rewarded with 10,000 tokens. Furthermore, bitsCrunch has set aside an additional 100,000 tokens to be distributed among the top-10 participants who demonstrate the highest level of API consumption. 

To maintain an optimal level of engagement and collaboration, the maximum participant count has been set to 50. Participants will be selected based on their qualifications and the potential impact of their contributions.

As a gesture of appreciation for participants’ contributions, bitsCrunch has allocated 1% of its token supply to reward participants in the testnet program. A total of 600,000 tokens are reserved for this purpose. Participants who successfully complete all required activities will be eligible to receive 10,000 tokens as a reward. In addition to the base token allocation, bitsCrunch will distribute an additional 100,000 tokens to the top-10 participants who exhibit the highest API consumption and demonstrate exceptional integration efforts.

Participants

While bitsCrunch encourages NFT projects and B2B companies from all over the world, regulatory considerations within the United States and Canada may impact token-based rewards for participants based in these countries. However, alternative non-token rewards are being actively explored for successful participants from both the U.S. and Canada to ensure fair and compliant participation. The support and participation of the Closed Group Testing’s participants are highly valued by bitsCrunch, which is committed to finding suitable solutions for all participants to benefit from the rewards program.

To ensure the security and longevity of the rewards program, all token-based rewards associated with the incentivized testnet will be provided only after the successful mainnet launch. Additionally, any tokens received will be subject to a six-month vesting period.

Join the bitsCrunch Closed Group Testing

This is a unique opportunity for your NFT project or B2B company to gain early access to bitsCrunch NFT APIs and contribute to a safer and more efficient NFT ecosystem. Don’t miss out on this chance to shape the future of NFT data analytics and security.

To apply for the Closed Group Testing, complete the form online.

This publication is sponsored. Cointelegraph does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. Cointelegraph is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

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