Portal launch comes after Constellation raised $33.7 million USD in its private pre-sale
San Francisco, CA, June 25 (Bernama-GLOBE NEWSWIRE) -- Constellation Labs (Constellation), the horizontally-scalable blockchain for consumer-grade applications, announced the launch of its flagship product, Orion. Orion, a membership portal to the Constellation ecosystem, will serve as a platform where the Constellation team, developers, and community members can communicate, share resources, and contribute to the network within a token compensation model. Constellation token holders will be able to stake tokens to gain access to the incentivized community or developer tier of membership, with a free tier available to view the portal’s various channels and message boards. The portal became fully active on June 18, when Constellation's DAG tokens were also distributed. Constellation's permissioned testnet launches at the beginning of August, at which time token holders will need to stake DAG tokens to run a node and validate test transactions. Nodes will earn validator rewards (ERC-20 DAG) based on their transaction throughput and reputation score, with rewards paid proportionally to testnet participants. At full functionality, this system will be the world's first ever incentivized cross-chain testnet (Constellation DAG to ERC-20).
Orion will allow developers and community members to earn tokens for contributing to the network across a range of activities, from bug reporting to correcting whitepaper mistranslations, in addition to providing general support to the community. The basic reward structure — a point-based system, awarded on productive activity — will create an organic hierarchy and encourage positive community behavior. Once tokens are staked, they will be locked for the duration of the six-month membership period. Over the next six months, Constellation will be running monthly airdrops and giving away two tiers of DAG totals that are locked and open membership to the Orion portal.
San Francisco, CA, June 25 (Bernama-GLOBE NEWSWIRE) -- Constellation Labs (Constellation), the horizontally-scalable blockchain for consumer-grade applications, announced the launch of its flagship product, Orion. Orion, a membership portal to the Constellation ecosystem, will serve as a platform where the Constellation team, developers, and community members can communicate, share resources, and contribute to the network within a token compensation model. Constellation token holders will be able to stake tokens to gain access to the incentivized community or developer tier of membership, with a free tier available to view the portal’s various channels and message boards. The portal became fully active on June 18, when Constellation's DAG tokens were also distributed. Constellation's permissioned testnet launches at the beginning of August, at which time token holders will need to stake DAG tokens to run a node and validate test transactions. Nodes will earn validator rewards (ERC-20 DAG) based on their transaction throughput and reputation score, with rewards paid proportionally to testnet participants. At full functionality, this system will be the world's first ever incentivized cross-chain testnet (Constellation DAG to ERC-20).
Orion will allow developers and community members to earn tokens for contributing to the network across a range of activities, from bug reporting to correcting whitepaper mistranslations, in addition to providing general support to the community. The basic reward structure — a point-based system, awarded on productive activity — will create an organic hierarchy and encourage positive community behavior. Once tokens are staked, they will be locked for the duration of the six-month membership period. Over the next six months, Constellation will be running monthly airdrops and giving away two tiers of DAG totals that are locked and open membership to the Orion portal.
No comments:
Post a Comment