Published on

Qtum Free Incentivized Testnet Airdrop: A Step-by-Step Guide

Authors

Qtum, a decentralized blockchain platform that supports Smart Contracts on multiple virtual machines, has launched an incentivized testnet event. This initiative allows users to test its Ethereum bridge and MetaMask Snap wallet while earning rewards in the form of QTUM tokens.

Here’s how you can participate and take advantage of the ongoing incentives.

Invite your friends

1. Create a Qtum Wallet

To get started, you'll need to create a Qtum wallet:

  • Visit Qtum Bridge and connect your MetaMask wallet to create an account (Note: The site may experience delays or errors at times).
  • Alternatively, go to Qtum Wallet, click "Enable Snap," and create your QTUM wallet.

2. Get Testnet Tokens

Once your wallet is set up, you'll need testnet tokens to participate in the bridge test. To do so:

3. Bridge Assets

Next, you can bridge assets between Qtum and Ethereum:

4. Testnet Event and Rewards

Qtum is incentivizing the testnet with 8,000 QTUM tokens. This initial phase, which runs from November 1st to November 14th, will reward participants with QTUM tokens based on their engagement and tasks.

  • The first phase of the testnet will distribute 3,000 QTUM tokens, divided among participants.
  • Daily tasks will be provided to participants, and completing them can earn you more points, increasing your chances for a larger share of the airdrop.

At the end of the event, participants will also receive Qtum Mainnet QRC-20 memecoins as rewards, which will be sent to the same wallet that receives the airdrop.

5. What You Need to Participate

To join the testnet, you’ll need:

  • A browser that supports MetaMask.
  • The Qtum MetaMask Snap wallet (available in the ConsenSys Snap Directory).
  • Active engagement with the community and completion of daily tasks.

6. About the Qtum Bridge

Qtum is testing a bridge to the Ethereum blockchain using USDC, allowing users to transfer assets between Qtum and Ethereum-based chains. This bridge includes:

  • Smart contracts for managing USDC on both blockchains.
  • The Qtum MetaMask Snap wallet for a seamless bridging experience.
  • A robust set of testnet faucets to support participants.

Qtum’s focus is on speed, security, and stability, ensuring a reliable user experience for all participants.

Conclusion

The Qtum incentivized testnet event offers a unique opportunity to engage with a decentralized platform bridging Ethereum and Qtum. By completing tasks and interacting with the community, you can earn QTUM tokens and QRC-20 memecoins while helping improve the system ahead of its mainnet launch.

To get started, follow the instructions above and participate in one of the most promising blockchain initiatives today.

For more details, visit Qtum's official website.