2024 has seen an explosion of incentivized testnets
Well-designed testnets help battle-test new crypto networks and bootstrap communities before mainnet launch. Interested in launching a testnet and not sure where to start? We’ve put together a practical 6-step guide on structuring effective and appealing testnets:
Define the purpose & target audience
Set a timeline
Determine participation eligibility
Determine activities
Determine reward structure to incentivize desired behavior
Promote your testnet to attract ideal participants
Check it out https://blog.coinlist.co/how-to-structure-your-incentivized-testnet/
