Calling all Karat Network Validators!

We are thrilled to announce our latest competition aimed at promoting the Verifiable Credential (VC) update within the Karat Network ecosystem. This competition offers you a chance to showcase your skills, grow your nodes and be rewarded for your efforts!

Details:
Objective: Promote the adoption of Karat Network's Verifiable Credential update among claimers.

• Top 5 Validators (Highest Number of Claimers): $1,000 total.

  • Criteria: Validators with the highest number of claimers successfully becoming VC holders.
    • 1st place: $400
    • 2nd place: $200
    • 3rd place: $150
    • 4th place: $100
    • 5th place: $50
    • 2 additional $50 winners will be randomly selected from places 6-10

• Top 5 Validators (Highest Percentage of Claimers with VC): $1,000 total.

  • Criteria: Validators with over 100 claimers, who demonstrate the highest percentage of claimers holding VC under their node.
    • 1st place: $400
    • 2nd place: $200
    • 3rd place: $150
    • 4th place: $100
    • 5th place: $50
    • 2 additional $50 winners will be randomly selected from places 6-10

Eligibility: Open to all Karat Network validators.

Prize Pool: A total prize pool of $2,000.

Competition Timeline:

• Start Date: 7/10/2023
• End Date: 8/03/23

Participation for this competition consists of just 2 simple steps. First, these bonuses will only be going to Karat Network Validators so make sure to get yours if you haven’t yet! And second, encourage your new and existing claimers to mint their VC and provide them with guidance, assistance or any other incentives and benefits you’d like to add!

Reminder: Karat Network Claimers who have minted their VC will receive a special bonus in the 2nd Round of Karat Network Airdrops. They are also eligible for the VC Boost campaign live now: