**Join the Creditcoin 2.0+ Testnet and Earn Rewards**
Creditcoin is thrilled to announce the launch of its incentivized public testnet, offering users a chance to participate and earn rewards. By joining the testnet as a validator or nominator, you can play an active role in the transition of the world’s leading Real World Asset (RWA) credit network to Nominated-Proof-of-Stake (NPoS). Here are the key points:
1. Testnet Phase: The testnet phase allows for stress-testing and addressing potential issues before the full mainnet launch of Creditcoin 2.0+.
2. Participation Rewards: Participants can earn a share of the up to 400,000 mainnet CTC reward pot, providing a significant head start before the official release. Validators can earn up to 2,000 CTC mainnet tokens, while nominators can earn up to 100 CTC mainnet tokens.
3. Bug Bounty Program: The testnet also includes a bug bounty program, offering rewards of up to $1,000 for identifying and reporting bugs based on severity.
4. Getting Started: To participate, register on the Creditcoin Community Forums and set up a Polkadot.js wallet, the only compatible wallet for the testnet. Familiarize yourself with the staking process as a Validator or Nominator through the relevant documentation.
5. Bug Reports: Bug reports can be submitted via a form for Nominators and via Huntr.dev for Validators. Rewards range from $10 to $1,000, depending on the severity of the bug.
Join the Creditcoin community and help make the transition to Creditcoin 2.0+ smoother and more efficient. Your active participation will benefit all users of the network. Visit the provided link for more details on joining the testnet and earning participation rewards.
**Hot Take:**
By offering participation rewards and bug bounties, Creditcoin aims to engage its users in the testnet phase and ensure a seamless transition to Creditcoin 2.0+. This game-changing upgrade to Nominated-Proof-of-Stake (NPoS) will further enhance the world’s leading Real World Asset (RWA) credit network. Don’t miss out on the opportunity to earn substantial rewards while actively contributing to the network’s development.