@aptoslabs is a new L1 blockchain, launched in 2021.
They received +350M in funding from the likes of FTX, Jump, a16z.
No token yet, but they plan to lauch $APT
On this thread: how to use Aptos, and 4 bonus no-token protocols to try!
🧵👇
On this thread, quick and easy:
• What is Aptos exactly
• How to participate in testnet and potentially get 500 $APT tokens
• How to install wallet (MM not supported)
• 4Birds1Stone to try on this new blockchain: @martian_wallet, @TopazMarket, @vialprotocol, @PontemNetwork
1/12
Aptos is a new blockchain focusing in scalability.
This could be a big VC dump, so careful with hype when $APT starts trading in a few months
3/12
TECH
The team consists of people with ties to Diem/Novi, Facebook's dead crypto project.
They have their own programming language, called "Move", formerly used by @DiemAssociation.
Many Solana developers are allegedly fleeing to Aptos.
They claim to have 160K of TPS
4/12
INCENTIVIZED TESTNET 🪂
There will be 4 rounds of "Incentivized Testnets" where users can run a node and get $APT when the token launches.
Aptos recently concluded Incentivized Testnet Round #2, with 225 participants. Each of them is getting 500 $APT tokens.
5/12
INCENTIVIZED TESTNET 🪂
Registrations for round #3 open in August 15 📆
How does this work?
• Users register to participate in testnet
• They get accepted by the team
• They meet the requirements for the round (to be published)
• They get $APTOS when token launches
6/12
INCENTIVIZED TESTNET 🪂
If you are interested in participating, monitor their Medium or follow me @OlimpioCrypto, I will post as soon as #3 opens.
For context, these were the requirements for Testnet Round #2, which concluded last week.
💰 Raised: $40M
💻 Stage: incentivized (!!) testnet
🪂 Airdrop: confirmed by the team
Similar to Arbitrum and Optimism, Movement is expected to be one of the big L2 launches of the year. How to take action now 👇
1/9
Movement is both:
• a Network where apps can launch their own Rollup. Example: dYdX wants to create a dYdX Chain, it could launch here w/ the network benefits of Movement
• its own Ethereum L2 (called M2), inside of the Movement Network, called M2. Here is the testnet!
2/9
Side note: We've invested in Movement 👀
Movement Labs 🌱🌱 @OlimpioCapital seeded
Reach us if you are a founder! — Now to the strategy 🪂:
In an unexpected move, @Zerion launched ZERϴ - a ZK rollup chain. Powered by @zksync.
Testnet open right now. Not much to do yet.
$ZERO token? 🪂 Not confirmed at all and not mentioned in the docs anywhere. Yet
Here is how to bridge and interact 🧵
$ZERO token? 🪂
Not confirmed at all and not mentioned in the docs anywhere.
As with all chains, and as with all teams, I assume they will eventually launch one. That they will reward testnet users is less likely, so spend your time with caution. Strategy below:
Testnet: open right now
1. Get Sepolia ETH from any of these faucets:
2. Use the official ZERO bridge to transfer the ETH:
• Avail from Polygon, and
• EigenDA from @EigenLayer
INCENTIVIZED testnet in @AvailProject has already started. Incentivized = token rewards?
TIME SENSITIVE: EigenLayer is increasing restaking caps today!
Information 👇
1/14
What is a Data Availability Layer 💾
A Data Availability (DA) Layer is a specialized layer that ensures data, such as transaction details, is stored and accessible in a decentralized manner.
0xngmi said it best, think Dropbox but for chains.