Blockchain

Aleph Zero launches Alephoria: Exciting airdrops, tournaments and rewards await users

Zug, Switzerland, May 17, 2024, Chainwire

Alephoria invites web3 users into the Aleph Zero ecosystem through an interactive campaign initiative following the project launch.

Aleph Zero, a privacy-oriented layer 1 blockchain, is preparing for a surge in new users with the Alephoria campaign. New users can expect airdrops and other promotional activities as they join the expanding ecosystem.

Dozens of teams are actively developing Aleph Zero’s groundbreaking solutions spanning DeFi, web3 identity, liquid staking, RWA tokenization, content creation, gaming, and more. At the heart of this innovation is Aleph Zero, a blazingly fast blockchain that enables all of these advancements with a modular and compliant approach to ZK privacy.

The network ultimately provides instantaneous transactions at sub-second speeds through AlephBFT, a proprietary consensus mechanism that integrates directed acyclic graph (DAG) technology and proof-of-stake. Additionally, the data confidentiality engine skillfully balances transparency and data protection in line with AML/CFT regulations. These fundamental features make Aleph Zero an attractive platform for users, developers, enterprises, and regulators around the world.

New utility added to native coin AZERO

AZERO, the native coin of the Aleph Zero ecosystem, empowers leading web3 developers to create new products and create sustainable value, opening a world of benefits to holders through unique campaigns and rewards.

AZERO staking gives users the opportunity to earn AZERO coins directly as a reward for participating in the network. If you want to get started with staking quickly, here’s a brief guide we have available.

AZERO will also serve as users’ gateway to Alephoria, giving them the opportunity to participate in important ecosystem-wide airdrop campaigns for a variety of projects.

Common Drops – The first large-scale airdrop campaign

Launching alongside Common AMM, the first mainnet release of Common, Aleph Zero’s DeFi platform, the Common Stake Drops campaign is scheduled to launch on May 21. Common AMM, a decentralized exchange similar to Uniswap, offers a user-friendly trading experience, built-in connectivity between Aleph Zero and Ethereum, and incentives for users.

The campaign rewards participants who actively participate in staking before and during the campaign period, with rewards increasing the longer the participation period, based on the average daily stake during each round.

At the same time, Common LP Drops will begin rewarding users who participate in liquidity farming. These drops will initially be non-transferable, but after launch they will be exchangeable for CMN, the platform’s token. This aligns with Common’s vision to improve transaction efficiency and confidentiality across its multi-chain DeFi suite.

Experience Alepporia

The ecosystem is expanding rapidly and Alephoria is the key to making the most of it. A new Alephoria campaign is either active or scheduled to launch in the near future. These include:

  • DRKVRS– A Web3 multiplayer action RPG game with innovative mechanics set in a dystopian and cruel world. Users can register for the pre-sale whitelist on TRANSRAAD DAO.
  • Avex– Unique fair lending protocol. 20% of the tokens allocated to the first stage of Stakedrop or public contribution, where stakers have already reserved $4 million ABAX, are in the final stage.
  • Upcade– web3 game hub provided by AZERO. Users can participate in the Block Spector tournament, an FPP gaming tournament with a 70,000 AZERO reward pool.
  • Kintsu– Liquid staking protocol. The testnet implementation is already live and early users can already acquire OG roles, making a potential airdrop possible.
  • Aleph Zero x Galxe Acquisition– Users can get to know the Aleph Zero ecosystem and potentially receive additional rewards through on-chain quests.
  • commons– Users can obtain unique NFTs from the Commoners collection for AZERO holders.

movement alephoria.com Learn more about the initiative!

About Aleph Zero

Aleph Zero is a layer 1 blockchain designed for speed, data confidentiality, and ease of development. It achieves similar efficiencies to existing web2 systems, maintains rigorous standards for data protection through ZKP and MPC, and provides a comprehensive toolset for WASM-based web3 development in Rust. Aleph Zero’s versatility is highlighted by more than 40 use cases under active development, demonstrating its adaptability across a wide range of sectors and applications. These use cases are part of the engaged community and growing web3 application ecosystem supported by the Aleph Zero program.

For more information, visit the Aleph Zero website or follow Aleph Zero on Twitter.

contact

public relations expert
Ana Lezama
Aleph Zero
(email protected)

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