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Script Network Invites Users to Test v2 Testnet and Earn SPAY Tokens
08/01/2023

Script Network Invites Users to Test v2 Testnet and Earn SPAY Tokens

08/01/2023
4,5

The latest version of Script Network's testnet has been launched recently, presenting an opportunity for users to earn points by completing a series of simple tasks. The points accrued will be converted into Script Network's proprietary SPAY tokens upon launch. Script Network has confirmed that it will airdrop a 10% of the total $SCPT supply, along with 7.5% of the initial $SPAY supply to its community.

To potentially secure an SPAY airdrop, users are required to register with the Script Network, actively interact with it, and set up a digital wallet. Subsequent steps involve requisitioning $SPAY and $SCPT tokens from the faucet, staking tokens, and executing transfers between wallets. Further points can be gained from successful referrals and the completion of Zealy and Galxe quests. Read this Medium article for more details. 

Script Network distinguishes itself as a video-based blockchain protocol that is dedicated to decentralizing storage and ensuring around-the-clock live content availability. Its product suite includes Script TV, an array of GameFi NFTs, and several other dApps that are currently under construction on-chain. Its objective is to address the prevailing issues in the current streaming industry. In addition to its video streaming services, it incentivizes decentralized bandwidth and content-sharing at a lower cost than traditional service providers.

As one of Script Network's flagship services, Script TV is a complimentary live television platform that boasts an array of channels and a diverse range of movies, documentaries, sports, and news content. Users have the opportunity to gain rewards while consuming content, underpinned by Script Network's watch to earn principles. This principle allows users to enrich their NFTs through GameFi mechanics.

In a broader context, Script Network functions as a decentralized streaming platform underpinned by its unique layer-1 protocol, the Script Blockchain.  The Script Blockchain is a specialized blockchain configured to transmit video and data. It employs a unique multi-BFT consensus design that incorporates Validator Nodes and Lightning Nodes to propose and verify new blocks. It also accommodates Turing-complete smart contracts, facilitating novel user experiences and attribution models for DApps.

Script Network was founded by Abiel Alazar and Akeem Ouko. The duo leads a team of proficient professionals with notable tenures at industry giants such as Sony, HBO, Spotify, EA, PayPal, Nike, and Adidas. Script Network is backed by notable Web3 organizations such as Chainlink, NFTrade, Poolz, and Gate.io.


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