strong buy
Merak Launches New Testnet with Promising $STARS Rewards and Upcoming Mainnet
The platform Merak has recently launched a new testnet for its decentralized mobility protocol based on Sui. Those who participated actively in the testnet, completing quests and demonstrations of activity, received rewards of up to 100,000 $STARS; casual testers received 1 $STARS, while those only involved with Galxe activities received none. A new testnet campaign has been announced, with a mainnet rollout and token conversion expected shortly after. Users can claim test tokens, wrap $SUI to WSUI, swap W$UI for WDubhe, and facilitate cross-chain activity, including voting and completing Galxe quests. A TGE (Token Generation Event) is planned for the end of the year, promising potential for earning more $STARS. Currently, activity levels are modest, but future updates and activity are anticipated. Support for SUI may strengthen the project's prospects.
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AI Analysis
The recent development activity by Merak, a decentralized mobility protocol on the Sui blockchain, indicates a strategic move to engage the community and foster early adoption. Their testnet rewards s...
AI Recommendation
Given the early-stage nature of Merak’s project, engaging with the testnet and participating in the activities may be a strategic move for those interested in decentralization and mobility-focused tok...
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.
