Qitchain Network
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Qitchain Network

QTC-POS Global Top 20 Node Contest

QTC-POS Global Top 20 Node Contest
Event time: June 01, 2022 — December 31, 2022

Participants: QTC global community members

Apply for node evangelist qualifications:

The available balance of the official wallet is not less than 10,000 QTC

The process of applying to become a node evangelist:

Apply through the official mailbox of the foundation, and the email must clearly state:

(1) Participate in activities independently and apply to become a node evangelist;
(2) Formulate development plans and goals for node evangelists;
(3) Provide the official wallet address where the individual owns 10,000 QTC;
(4) Email: qtcpos@qitchain.net

Complete the authorization of 10,000 QTCs to the designated POS address of the foundation, and after passing the review, you can obtain the qualification of node evangelist

Node Evangelist Rewards:

1. Step reward standard:

1) The node ranking has not entered the top 20 pos, node reward = newly authorized QTC * 10%;

2) Node rankings enter pos11–20, node reward = newly authorized QTC*15%;

3) Node ranking 1–10 in pos, node reward = newly authorized QTC * 20%;

Award application:

Submit new statistics to the official mailbox by email: qtcpos@qitchain.net

Reward Statistics:

From the date of the event, the snapshot ranking of the block browser from 14:00–15:00 (UTC+8) of the next day will be used as the basis for the distribution of pos rewards (Note: pos is a dynamic ranking, and the distribution of rewards will be based on changes in the pos ranking. Variety);

Reward distribution time:

The next day after submitting the new statistics.

2. BTC and ETH rewards:

1) Pos election nodes with more than 100,000 QTC, based on the snapshot ranking of the block explorer at 24:00 on December 31, 2022 (UTC+8), the evangelists of POS11–20 nodes who entered the snapshot will receive 25, 20, 15, 10, 5, 5, 5, 5, 5, 5ETH rewards (Note: Nodes that have not entered the snapshot will not be rewarded);

2) The POS campaign node has more than 200,000 QTC, based on the snapshot ranking of the block explorer at 24:00 on December 31, 2022 (UTC+8), and the evangelist of the POS1–10 node who entered the snapshot can get 5, 4 , 3, 2, 1.5, 1.5, 1.5, 1.5, 1.5, 1.5 BTC (Note: Nodes that do not enter the snapshot will not be rewarded);

3) Those who meet any conditions will be distributed according to the corresponding rewards, and the distribution conditions will not be superimposed.

The award release date is January 2023.

Evangelist Responsibilities:

Maintain existing nodes, develop new communities, count the number, addresses, and hash values ​​of newly authorized QTC participating in POS

Grantor Eligibility and Benefits:

Authorization is based on multiples of 100 QTC, and the authorization period must be 540 days (if you choose 360 ​​days, you will not be able to obtain corresponding income), the currency standard is annualized by 30%, and issued on the 10th of the next month

Calculation:

Authorized QTC quantity 30%/365days in the month (authorizer income is halved along with the block reward halving);

The above interpretation rights belong to the foundation
QTC Foundation

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