watch

Bitcoin Layer 1 Testnet Launch and Farming Guide

This is a review of the ongoing Layer 1 testnet on Bitcoin! Ducat is a Layer 1 chain featuring the BNS technology. The project has successfully gathered $4 million in investments from CMS Holdings, UTXO Management, and others. Recently, the testnet was launched, and it includes various tasks on the official platform and quests on Galxe, where participants can farm points. The goal is to prepare for a future token drop. The steps involve visiting the site, connecting a wallet (Unisat / Xverse), acquiring test tokens from a faucet, completing quests on the missions section (with a screenshot), and earning points through Galxe tasks. The entire process costs no money and takes approximately 10 minutes. For additional guidance, viewers are encouraged to comment on which projects they'd like to see covered in the next YouTube tutorial. The creator offers a YouTube channel with guides and testnets, along with a cozy chat for questions and assistance. This initiative is promising for those interested in early-stage blockchain testing and potential token drops, with minimal investment of time and money.
Source available for registered users Sign Up Free

AI Analysis

The launch of a Layer 1 testnet on Bitcoin featuring Ducat with BNS technology is an intriguing development in the blockchain space. With $4 million in investment, the project signals strong backing a...

AI Recommendation

Given the promising start of this Bitcoin Layer 1 testnet involving Ducat, it is advisable for interested participants to engage in the quests and farming activities. Early involvement can provide val...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in: