Polyhedra Network is building an interoperable Web3 infrastructure using zero-knowledge proof (ZKP) technology, and it is backed by the likes of Binance, Polychain Capital, and Animoca Brands. The project is in its early stages and has not yet issued a token, but it is very likely that it will do so in the future. The zkBridge Testnet is currently live, and early users have a favorable opportunity to receive future rewards. In this article, we will explain what Polyhedra is and what you can do to position yourself for the potential airdrop.
Polyhedra Network Airdrop Step-by-step Guide
Here’s a step-by-step guide on how to receive a potential Polyhedra Network airdrop:
- Claim Testnet Tokens from Faucets
- Create New NFTs with Polyhedra CreatorTool
- Import NFT to Polyhedra zkBridge
- Provide Feedback on Discord
- Complete tasks on Galxe
See below for more details
What is Polyhedra Network?
Polyhedra Network is building a Web3 infrastructure that focuses on interoperability, scalability, and privacy using advanced zero-knowledge proof (ZKP) technology. The network offers secure and highly efficient solutions for transferring assets, exchanging messages, and sharing data between different Web2 and Web3 platforms.
Project Team and Funding
The team behind Polyhedra Network consists of leading engineers, developers, and researchers from prestigious institutions like UC Berkeley, Tsinghua University, and Stanford University. In February 2023, Polyhedra successfully raised $10 million in a strategic funding round co-led by Binance Labs and Polychain Capital. The project also received support from Animoca Brands, ABCDE Capital, Sparkle Ventures, and more.
Does Polyhedra Network have a Token?
Polyhedra Network has not officially announced a token launch. However, it is a blockchain infrastructure provider, so it stands to reason that it needs a token to support its ecosystem and facilitate the functioning of the platform. According to its roadmap, the team is currently focusing on integrating its bridge and decentralized identity infrastructure with other blockchain networks, and launching application programming interfaces (API) and software development kits (SDK) for developers.
How to Receive Potential Polyhedra Network Token Airdrop?
The best chance to receive a future token airdrop is to interact with the Polyhedra Network testnet. Here’s a step-by-step guide:
- Claim Testnet Tokens from Faucets
You will need testnet tokens on different chains to cover gas fees. You can get some from these faucets: ETH Goerli Faucet, BNB Faucet, Oasis Faucet, Polygon Faucet, Avalanche Faucet, and Fantom Faucet.
- Create New NFTs with Polyhedra CreatorTool
Use the Polyhedra CreatorTool to create new NFTs. Set a name and description, and select a Testnet network of your choice. You can view all created and owned NFTs on the My NFTs page.
- Import NFT to Polyhedra zkBridge
Go to the My NFTs page and click on the “zkBridge” button. Select a testnet receiver blockchain of your choice and transfer the NFT. Make sure you have gas fees on the other end as well.
Claim your NFT on the testnet receiver chain, and that’s it! Repeat the process on different testnet blockchains to enhance visibility of your on-chain activities. - Provide Feedback on Discord
Share your feedback, including wallet address, screenshots, and transaction IDs, in the “suggestions-and-support” Discord channel.
- Complete tasks on Galxe
Polyhedra has a Galxe page where they have various campaigns. Completing these tasks (including those where they are partnered with other projects) may put you in a better position for any potential airdrop.
Airdrop Review
When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.
Likelihood of Airdrop: Polyhedra Network hasn’t confirmed a token launch yet, but as a blockchain infrastructure provider, it likely requires a token to support its ecosystem and facilitate platform operations.
Airdropped Token Allocation: There is no tokenomics yet.
Airdrop Difficulty: The steps are fairly easy to follow. All you have to do is create an NFT on Polyhedra and transfer it to different testnet chains. You will need some testnet tokens to cover gas fees.
Token Utility: There is no token yet, but it is likely it will be used for governance, ecosystem support, platform operations, and network security.
Token Lockup: There is no tokenomics yet.
