Summary of Last Two Weeks of the “Rootstock World Tour” Campaign - Tech Startups

  • techstartups.com
  • Article
  • Summarized Content

    html

    Rootstock World Tour: A Celebration of Bitcoin Sidechain and DeFi

    The Rootstock World Tour, a major ecosystem campaign, is drawing to a close on September 30, 2024. This initiative, hosted on the Galxe platform, brings together partners from across the Rootstock ecosystem, offering users an exciting opportunity to engage with 12 different decentralized applications (dApps) built on the Rootstock blockchain.

    • Users can explore a variety of DeFi dApps including Jumper, Rubic Exchange, SushiSwap, Oku, Symbiosis, Woodswap, Money on Chain, Sovryn, Tropykus, RNS, Elk Finance, and CoNFT.
    • Through interactive quests, users can gain practical experience with decentralized finance, enhance their understanding of blockchain technologies, and earn rewards for their engagement.

    About Rootstock: Bridging Bitcoin and Ethereum

    Rootstock stands out as the first, largest, and longest-lasting Bitcoin sidechain. It uniquely combines the security of Bitcoin’s proof-of-work consensus mechanism with the smart contract capabilities of Ethereum, creating a powerful platform for decentralized applications.

    • Being open-source and EVM-compatible, Rootstock allows developers to build and deploy smart contracts on the Bitcoin blockchain, leveraging its robust security and wide adoption.
    • Secured by over 60% of Bitcoin’s hashing power, Rootstock provides a high level of security and trust for its users.

    Rootstock World Tour Quests: Engaging with the Bitcoin Sidechain Ecosystem

    The Rootstock World Tour, launched on August 5, 2024, features 12 quests, each taking participants to different destinations within the Rootstock ecosystem. Successful completion of these quests can earn users unique rewards, including Rootstock NFTs and Air Miles points.

    • Participants can earn RBTC, Rootstock's native token pegged 1:1 to Bitcoin (BTC), by completing various tasks within the ecosystem.
    • They can also engage in token swaps, mint Rootstock NFTs, stake their assets, and interact with RNS domains to earn rewards.

    Rewarding Participation: A Chance to Win RBTC

    The Rootstock World Tour culminates in a raffle on September 30, 2024, where three lucky winners will be awarded $3,000 in RBTC. This raffle provides an additional incentive for participants to complete the quests and actively engage with the Rootstock ecosystem.

    Campaign Details and Rewards: Exploring the Potential of Bitcoin Sidechain

    The Rootstock World Tour encourages participants to engage with 12 dApps within the Rootstock ecosystem. These dApps offer diverse functionalities within the Bitcoin sidechain, showcasing the vast potential of DeFi on the Bitcoin network.

    • By completing quests such as obtaining RBTC, swapping tokens within the ecosystem, minting Rootstock NFTs, staking, and interacting with RNS domains, users can earn rewards from each dApp.
    • Completing all quests unlocks additional rewards and significantly increases participants' chances of winning the final raffle.

    Timeline and Raffle: Ending the Journey with a Prize

    The Rootstock World Tour concludes on September 30, 2024, marking the end of this exciting campaign. The raffle will be held on this date to award three winners with $3,000 in RBTC. This represents a significant opportunity for participants to be rewarded for their engagement with the Rootstock ecosystem.

    Exploring the Potential of Bitcoin Sidechain: Rootstock World Tour

    The Rootstock World Tour provides a valuable opportunity for users to explore the expanding Rootstock ecosystem. This campaign highlights the power of building on Bitcoin’s secure foundation while leveraging the functionalities of Ethereum-like smart contracts. Through interactive quests, participants can earn rewards, gain hands-on experience with DeFi, and contribute to the development of a vibrant and innovative Bitcoin sidechain ecosystem.

    Resources and Support: Navigating the Rootstock Ecosystem

    To help users navigate the Rootstock ecosystem, additional resources and support are available. Comprehensive information about the quests can be found on the Rootstock blog, providing detailed explanations and guides for participants.

    • The Rootstock blog offers in-depth information about the quests, providing participants with the necessary guidance and support.

    Ask anything...

    Sign Up Free to ask questions about anything you want to learn.