$DOP Announcement: Testnet and Airdrop Confirmed (Cost $0)🪂
DOP is an innovative project focused on the privacy of on-chain transactions.
With a solid product and clear profits for its $DOP token, the protocol promises 1% of the total supply by the first quarter of 2024.
Financing and Support:
- DOP has closed several rounds of financing, raising more than $25M.
- This project is backed by Binance, which adds a significant level of credibility.
How to Participate in the Testnet and Qualify for the Airdrop
1. Initial Steps:
- An email is required to get started.
- Participants must follow certain steps such as creating or importing a wallet, following DOP on social media, and claiming $ETH and $DOP faucets on the Sepolia network. (Free)
2. Specific Actions:
- Users must perform a total of seven actions, including encrypting and sending token transactions, and then decrypting a token.
- These actions are unlocked sequentially, and users can track their progress on a dashboard.
Important considerations
Nature of the Testnet:
- Although DOP is well funded, it is important to remember that this is a testnet and many wallets could be participating.
- Currently, there are no anti-sybils measures in place, so it is recommended to maintain moderate expectations.
DOP Benefits and Tokenomics:
- DOP uses technologies such as ZK Proofs and off-chain transactions to offer instant transactions, low fees, and a combination of on-chain security with off-chain efficiency.
- DOP tokenomics includes $25M funding, with 55% of the supply distributed to the community through airdrops, incentives and rewards.
Conclusion and Expectations
- Unique Opportunity: DOP offers an innovative platform to protect data on the blockchain, allowing users to control what to keep private.