The Championship Round: Itheum’s $5000 USDC Incentivized Data NFT Testing Competition

• $5,000 USDC prize pool
• The Competition starts Thursday, April 27th at 12pm UTC
• Data NFT Technology Testing & Competition
• Runs on the MultiversX Devnet

The Pivotal Event for the Data NFT Revolution

As the anticipation builds, Itheum is thrilled to announce the Championship Round — the final stress-testing event before the Data NFT Tech and Data Marketplace goes live. This important event is essential to revolutionize data ownership, access control, and rewards through Data NFTs.

Data NFTs are transforming how we handle data by offering a seamless validation, portability, and exchange mechanism. In a world where data has become increasingly valuable, Data NFTs empower individuals and organizations to harness the power of unique datasets while ensuring security and transparency.

Understanding Data NFTs and the Data Marketplace

Data NFTs are unique, one-of-a-kind datasets wrapped into non-fungible tokens, enabling seamless validation and exchange. These NFTs offer Data Access Control, Portability, and Licensing, revolutionizing data ownership and unlocking a new asset class.

Itheum’s Data Marketplace allows users to discover and trade data with their peers using Data NFTs. The platform operates as a peer-to-peer marketplace, with transactions facilitated through smart contract technology, connecting data providers and data consumer in a secure and transparent ecosystem.

Test and Refine Key Functionalities

During this round, users will have the opportunity to test key functionalities, such as Data NFT Minting, Data NFT Wallet, and the Data NFT Marketplace where Data NFTs are traded. This hands-on experience will help us identify and resolve any remaining teething issues, ensuring a smooth and efficient launch.

Gratitude to Our Gold Sponsors

We would like to express our gratitude to our gold sponsors and communication partners for their invaluable support in making the Rumble in the Data NFT Jungle event series possible. Together, we are pioneering the future of unlocking the tremendous value in our data.

Exciting Rewards for Testers

As a token of our appreciation for your participation in the stress-testing event, testers will enter a $5,000 USDC prize pool. Additionally, a percentage of the rewards will be donated to charity, making your involvement not only valuable for the project but also contributing to a greater cause. Don’t miss out on this opportunity to help shape the future of Data NFTs and make a difference.

(Please note that the testing rewards (in MultiversX USDC) will be distributed to the same wallet address you used during the Devnet testing event. i.e., The same wallet you used on Devnet during the testing event will also receive the USDC rewards on mainnet.)

What to Expect After the Championship Round

Once the Championship Round is complete, the Itheum team will work tirelessly to analyze user feedback and address any issues discovered during the stress-testing event. We are committed to ensuring a seamless and secure launch fueled by the valuable insights gained from this event.

As we prepare for the official launch of the Data NFT Tech and Data Marketplace, stay tuned for more updates on the platform’s features and capabilities. Your participation in the Championship Round will play a vital role in shaping the future of data ownership and exchange through Data NFTs.

Join the Revolution

We invite you to join us in this groundbreaking journey as we revolutionize the data industry with Data NFTs and the Data Marketplace. With your support and participation, we are confident that Itheum will become a game-changer in the world of data ownership.

Thank you for being a part of Itheum’s journey and the Data NFT revolution. Together, we will create a more transparent, secure, and efficient data ecosystem that benefits everyone.

Let’s adventure into the data jungle together!

FAQ

What is the Championship Round of the Rumble in the Data NFT Jungle?

The Rumble in the Data NFT Jungle is a global community-driven testing and development event for Itheum’s Data NFT technology. Participants will have the chance to influence the technology’s development and earn rewards for their contributions.

Who can participate?

The testing event will take place on the MultiversX Devnet chain. Everyone with a MultiversX wallet can join the fun, claim the test tokens from the Devnet faucet, and participate in the Championship Round event.

When does the competition start?

The Competition will commence on April 27th at 12 pm UTC. The two stages are highlighted below:

• Stage 1: Starts at 12pm UTC - No end ( Ends when the Stage 2 ends )
• Stage 2: Starts at 15:00 UTC - Ends at 22:00 UTC

How do I join?

Join our Telegram, Telegram Announcement, and Discord channels, and wait for the next steps.

Mark Your Calendars

Don’t miss out on this pivotal event! Click on the link below to add the Championship Round event to your calendar.

🗓️ ➡️ https://lu.ma/c0jlstid

How can I report issues?

The two major communication channels for when the testing commences are Telegram and Discord:

• Discord: The testing steps will be posted in the #announcements channel. Additionally, we have set up a specific channel labeled the #championship-round, where testers can report any issues and discuss ideas with the other community members.
• Telegram: Here, the steps will be posted, and if you face any issues, you will be able to simply reply to the announcement post in the comment section. Our CMs will also be here to provide 24/7 support.

About Itheum

Itheum empowers data ownership in the Web3 and Metaverse ecosystems and creates new market value for your data. It enables this by providing “decentralized data brokerage” technology. It’s a suite of tools that facilitate high-value data to be bridged from web2 to web3 and then traded peer-to-peer. It allows for “viral adoption” via our creative “Data NFTs” (provide “inner value” to NFTs and enable royalties / limited supply), “NFMe ID” technology (a living Metaverse avatar representation of you — wrapped as an NFT and backed by personal data) and innovative Data Coalition DAOs (governance entities that bulk trade your data with your consent). It also aims to be fully privacy-preserving, regulation-friendly, and multi-chain, making it the most comprehensive core blockchain data and identity infrastructure available in the market with use cases in both the enterprise and consumer space.

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