You Can Now Earn NFTs by Learning About Blockchain Technology

You Can Now Earn NFTs by Learning About Blockchain Technology

A gamified instructive stage from Stellar Development Foundation (SDF) allows individuals to procure non-fungible tokens (NFTs) by finding out about blockchain innovation overall and Stellar ($XLM) Network in particular.

Stellar is “an open-source network for currencies and payments”, and it “makes it possible to create, send and trade digital representations of all forms of money—dollars, pesos, bitcoin, pretty much anything.” Stellar “relies on blockchain to keep the network in sync, but the end-user experience is more like cash—Stellar is much faster, cheaper, and more energy-efficient than typical blockchain-based systems.”

Stellar organization, which was sent off in 2014, has “a native digital currency, the lumen, that’s required in small amounts for initializing accounts and making transactions.”

Here is one use case for Stellar:

“You can create a digital representation of a U.S. dollar—on Stellar you’d call this a “dollar token”- and you can tell the world that at whatever point somebody stores a conventional dollar with you, you’ll give them one of your new tokens. At the point when that’s what somebody brings “dollar token” back to you, you vow to recover it thusly for one of the normal dollars in that store account.

“Essentially, you set up a 1:1 connection between your computerized token and a conventional dollar. All of your tokens out on the planet is upheld by a comparable store. So while individuals hold the tokens, they can treat them very much like customary cash, since they know that they’re interchangeable for conventional cash in the end.”

The unique Stellar Quest stage, which was made by SDF biological system evangelist Tyler van der Hoeven and sent off in October 2020, was focused on engineers and it included live difficulties, (for example, making and subsidizing a Stellar record). For finishing each test, you would get granted an identification and some $XLM tokens.

According to a blog post distributed by SDF on April 11, Stellar Quest Learn won’t work much uniquely in contrast to the current Stellar Quest site,” and “you’ll still be able to play quests at any time, in any order.” With Stellar Quest Learn, “you can go at your own pace,” and completing each mission “earns you a unique, fresh NFT badge (coming soon!) that you’ll be able to display, or boast about, in your Stellar Quest profile.” Five journeys are accessible now, and SDF plans to “add new sets regularly.”

Users of Stellar Quest Learn acquire NFTs by “completing modular quests that leverage Stellar’s API and SDKs”. They open and get NFTs after each mission that they complete. They are additionally ready to show their NFT identifications in their Stellar Quest profile.

The SDF blog entry proceeded to say that the current Stellar Quest Live, “where quests are live and timed events that are hosted periodically,” will in any case be around:

“We will keep on facilitating live occasions occasionally as a different and supplemental experience to Learn. Go head to head against different designers to address new and one of a kind coordinated difficulties on the Stellar network.”

As previously, $XLM prizes will be accessible for finishing live mission events.

In different words, the first Stellar Quest has been “split into two main components: Stellar Quest Live and Stellar Quest Learn.”

Disclaimer

The perspectives and conclusions communicated by the writer, or any individuals referenced in this article, are for educational purposes just, and they don’t establish monetary, speculation, or other counsel. Putting resources into or exchanging cryptoassets accompanies a gamble of monetary loss.

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