CREDIA LAYER INCENTIVIZED TESTNET

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8 Apr 2024
85

Good morning y'all. Since I've come back to this platform, I want to keep all of you well informed on any new projects you should watch out for and how to maximise your earnings. So today, let's talk about CREDIA LAYER.

Disclaimer: All information about this project was derived from their GitHub page and translated into simpler terms by Chatgpt.

GITHUB: https://credia-layer.gitbook.io/credialayer
X(formerly twitter): https://twitter.com/credia_layer
Telegram Announcement : https://t.me/CrediaAnnouncementChannel
English group : https://t.me/CrediaOfficialGroup
Chinese group :https://t.me/CrdiaChineseGroup
Medium : https://medium.com/@Cred
ia_Layer


INTRODUCTION TO CREDIA LAYER

CREDIA LAYER is a new way of managing credit scores and computer resources on the internet (Web3). It uses a combination of DEPIN and AI technologies to change how credit scoring works.

Here's how it works:

  1. Real-time responsiveness: It quickly evaluates someone's creditworthiness and does it live as they use it
  2. Enhanced security: It's very secure because it uses blockchain technology, which is like an unchangeable digital ledger.
  3. Global scalability: It can work anywhere in the world without being limited by borders or differences in financial systems.


By using CREDIA LAYER, people and businesses can have more trust in the credit system because it's faster, more secure, and works globally. It's not just a platform; it's a whole new way of handling credit and computing power that fits with the idea of decentralization and giving users more control over their data and finances.

Here's the deal: traditional credit systems have issues like being controlled by just one group, not being clear about how they work, and not keeping up with how people's finances change over time. CREDIA LAYER wants to fix all that by using DEPIN and AI together.

CREDIA LAYER aims to solve these problems by using DEPIN and AI together.


So, how does it stand out?

It's super fast at figuring out someone's credit score, it's really secure because it uses blockchain tech, and it can work anywhere in the world without a hassle.


Basically, CREDIA LAYER is trying to make the whole credit system better and more global, fitting with this idea of decentralization and giving people more power over their money. It's not just another platform; it's a whole new way of doing things on the internet.

How does it work?
By combining DEPIN and AI into the CREDIA LAYER system changes how we think about and use credit online. Instead of relying on one big company to control everything, CREDIA LAYER spreads out control and encourages trust between users. This fits with the idea of Web3, which is all about decentralization and fairness.

By using this approach, CREDIA LAYER makes sure that everyone, even those with little credit history or new to credit, can still access financial services. The AI looks at a lot of different factors, not just the usual ones, so more people can get opportunities based on their real behavior, not just traditional rules. Essentially, it makes the credit system more open and fair for everyone.

Social Activity Incentive Program

Its a way for CREDIA LAYER to encourage people to get involved and help grow their community. They reward users for doing things like talking to others, sharing helpful information, and giving feedback. This program is important because it helps create a lively and active community, which is essential for the platform to succeed.
CREDIA LAYER gives rewards to users who bring in new people to join the community, using word-of-mouth and personal recommendations.
The main goals of this program are to:

  1. Build a strong and active community: Having lots of people using the platform helps it grow and attract talented individuals.
  2. Encourage users to contribute to the platform's success: By giving rewards, CREDIA LAYER motivates users to share their ideas and skills.
  3. Keep users engaged with the platform: Rewards make users more likely to keep using the platform and participate in its activities.
  4. Make the ecosystem stronger: By involving many people in decision-making and activities, the platform becomes more resilient and less dependent on one central authority.


"By harnessing the collective actions of its community, the ecosystem fortifies its position in the Web3 landscape as a platform that is not just built for the people but also by the people".



So, the Social Activity Incentive Program isn't just about giving out rewards; it's about creating a community-driven future where everyone plays a part in making the platform better.

Roadmap

Overall, the roadmap lays out a clear path for CREDIA LAYER to grow and improve their platform while listening to their users' feedback along the way.

  • Q1 2024: Product Launch and User Acquisition

- Launch the basic version of the Smart Credit Chain platform and start attracting users.
- Gather feedback from users to make improvements.

  • Q2 2024: Function Optimization and Expansion

- Make the platform easier to use based on user feedback.
- Add more features and options for users to earn credits.
- Connect more partners and offer more services.

  • Q3 2024: Market Promotion and Ecosystem Development

- Market the platform to attract more users through ads and partnerships.
- Build relationships with other projects and platforms in the Web3 and DeFi space.
- Offer more rewards to users who participate actively.

  • Q4 2024: Evaluation and Future Planning

- Look at how well the platform has done and what users think of it.
- Use this information to plan for the next year, including new features and ways to grow the platform.

Phase 1: TESTNET AND INCENTIVES

To show their commitment to innovation and users, they're introducing the Phase 1 Testnet Airdrop program.
Here's how it works:

  1. Earn Credit Points: Users can earn credit points by doing things like trading, staking, and completing tasks on the platform.
  2. Get Airdrop Rewards: Users who earn more credit points will get rewards. This encourages people to be active on the platform and help it grow.
  3. Credit Point Tiers: There are different levels of credit points. As you reach higher levels, you unlock better rewards, which keeps you motivated to keep participating.
  4. Timing and Distribution: Rewards are given out at specific times based on what activities you've completed and your credit point level. This keeps people engaged and active on the platform.
  5. Fairness and Trust: Rewards are calculated using AI technology to ensure accuracy and fairness. Smart contracts handle the distribution, making sure everything is done securely and transparently.


For more info, please check out their GitHub page which I have written at the top page.


AIRDROP GUIDELINES

Requirements

  1. Galxe account
  2. Twitter account and app
  3. Discord account and app
  4. Some mobile data and space.
  5. Phantom wallet

This is a completely free Testnet and doesn't require any gas fee.


STEP 1: CREATION OF ACCOUNT
https://credialayer.io/mining?invite_code=WwVb9R
Option 1: Paste the link below on your phantom wallet browser and sign in. Click on the three lines bar on your right hand side, Click on start mining ⛏️ and do that everyday. Manoeuvre to the daily check-in and keep stacking points.You can check out the mission as well if there's any active one available.
There's one active mission available if you check it for the time being. It's a twitter tasks, just connect your Twitter account and complete it. If you're unable to complete it, utilise option 2.


Option 2: Paste the link on your chrome and click on the three lines bar. Click on download and download the APK. Install and open.
Connect your phantom wallet to it and sign it. That's all

STEP 2: GALXE OAT
Go and claim the oat to be eligible for more rewards.
https://app.galxe.com/quest/CrediaLayer/GCZMBtTNcn?referral_code=GRFr2JZtZ2m3XDYoptSB8_HspgwiUYpon6rHfc72kq0RDhV
There's only one active quest left so go and complete it now.

I hope you have enjoyed this article and have understood what CREDIA LAYER is all about.
Your tip will go a long way.

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