Introduction
Shardeum is a Layer 1 (L1) blockchain network built on dynamic state sharding technology, promising unlimited scalability while maintaining decentralization and network security. By leveraging advanced sharding technology, Shardeum can linearly increase its transaction processing capacity (TPS) with the addition of each new validator, ensuring consistently low transaction fees. In this article, we will explore how Shardeum works, its future plans, and how to participate in its incentivized campaign to earn SHM tokens.
Shardeum: Advanced Blockchain Infrastructure
Shardeum is an Ethereum Virtual Machine (EVM)-based network that uses dynamic state sharding to achieve sustainable scalability. Sharding is the process of dividing the network into smaller parts called “shards,” where these parts can operate independently but are interconnected. Thanks to this technology, Shardeum can increase its transaction processing speed (TPS) with each new validator, offering the highest throughput capacity among EVM-based L1 networks without compromising decentralization.
Funding and SHM Token Launch
Shardeum has successfully raised $23.6 million in funding from various investors, reflecting significant confidence in the project’s potential. Additionally, Shardeum has confirmed the upcoming launch of its native token, “SHM,” and will distribute 3,296,500 SHM tokens as rewards to participants in its incentivized campaign. This campaign allows users to earn experience points (XPs) by completing simple tasks, which can later be converted into SHM tokens.
How to Participate in Shardeum’s Incentivized Campaign
To participate in Shardeum’s campaign and earn SHM tokens, users should follow these steps:
- Visit the Shardeum testnet campaign page.
- Connect your wallet and switch the network to the Shardeum Atomium testnet.
- Complete the tasks in Stage 2 to earn XP.
- Enter the friend code “airdropsio” in Stage 2 Level 1.
- Complete all levels in Stage 2 to earn more XP.
- Complete the “Validator Quest” to earn additional XP.
- Obtain testnet SHM tokens from Shardeum’s Discord channel to complete the tasks.
Conclusion
Shardeum is not just another blockchain network; it is an advanced infrastructure poised to change the rules of the game in the cryptocurrency world. With its innovative technology and strategic token distribution approach, Shardeum offers users the opportunity to benefit from the network and earn SHM tokens early on. If you’re looking for a project that combines cutting-edge technology with significant growth potential, Shardeum is the perfect choice.