What is Voi Testnet?

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14 Jan 2024
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An interactive game to establish a solid foundation with the support of our Voiagers and vital applications.

Spanning 3 to 6 months, you will engage in a strategic game, using $Voi and $Via as points. At the challenge's end, we'll tally the scores and prepare for the mainnet launch.

Voi is creating a user-centric ecosystem that is owned and operated directly by its users and builders. This ecosystem is designed to serve a specific market niche, tackling unique challenges within it, and driving transformative change across communities around the world. Current mainstream blockchains face numerous substantial hurdles. These include intricate wallet creation processes, convoluted seed phrase management, and alien transaction signing procedures. These unfamiliarities deter mainstream users, degrade user experiences, and pose a significant obstacle to the broad adoption of blockchain technology. Beyond user experience, blockchains also grapple with issues like slow transaction finalization times, prohibitively high transaction costs, and complex implementation processes. They often suffer from overextension, have concentrated control in the hands of a small group of 'insiders,' and are persistently resource-constrained. Insiders, including the founding team and initial investors, often retain a considerable stake in the network due to high risks, extensive capital requirements, and long development periods associated with launching a blockchain. This frequently leaves other key contributors to the ecosystem, particularly those innovating at higher layers, underrepresented and under-resourced. Voi presents an enticing solution to these pressing challenges. By leveraging open-source technology, it decreases the necessity of insider network ownership, freeing up resources for innovation and problem-solving in the wider ecosystem. This democratization of network control fosters a more balanced and inclusive blockchain environment. Moreover, Voi's focus on a specific market allows collective efforts within the ecosystem to more effectively address the market's unique challenges, improving user experience, fostering ecosystem unity, and facilitating mainstream adoption. In essence, Voi is not merely another blockchain network; it represents a new paradigm in blockchain development. It's a user and builder-owned ecosystem designed to solve global community challenges. By encouraging collective ownership of the underlying network, Voi creates an environment that incentivizes growth and development for the benefit of all its members. Voi aims to seamlessly integrate blockchain into everyday applications, making the technology virtually invisible and user-friendly. The goal is to demystify blockchain, rendering it accessible and beneficial to all, thereby truly realizing its transformative potential.

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