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Home»Blockchain»Session Launches Testnet Incentive Program Ahead of New Token Release
Blockchain

Session Launches Testnet Incentive Program Ahead of New Token Release

2024-07-18No Comments2 Mins Read
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Session, the encrypted messaging app, has introduced a testnet incentive program as it prepares to launch its new utility token, the ‘Session Token’.

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This program invites loyal community members to test the new Session Network, which is now transitioning from the Oxen blockchain to the Arbitrum blockchain, and help identify and resolve any issues before the Session Token is publicly released. The next-generation Session Network is designed to improve the functionality and security of Session’s decentralized messaging platform.

Starting July 16, eligible community members can stake testnet session nodes using test tokens in the Staking Portal. Only community members are eligible to participate in this phase, and rewards will be based on activity in the chain rather than the size of the stake.

The most active and meaningful contributors receive more points. Tokens will be distributed to participants in the Token Generation Event.

Participate in Session’s Testnet Incentive Program

Session has provided detailed guidance on its website for those interested in participating in the Testnet Incentive Program.

Kee Jefferys, Chief Technology Officer at Session, said:
“We are excited to open the testnet to the community and work together to develop a robust and decentralized messaging platform. By leveraging our users’ unique knowledge and passion for blockchain, we believe this program will be a critical step towards the new Session Network. “

Kee Jefferys, Chief Technology Officer at Session
He added: “We are eager to see the enthusiasm and involvement of the community and encourage all eligible members to participate in this unique event.”

See also  Bitcoin could fall to $42,000 ahead of a major rally

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About session

Session is an end-to-end encrypted messaging app that uses decentralized storage servers and onion routing to ensure minimal exposure of user metadata. The app is open-source and does not require users to share phone numbers or email addresses. With over 2,000 nodes offering built-in onion routing, Session provides a secure and private messaging experience.

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Ahead incentive Launches Program release Session testnet Token
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