Public debut for Incentiv as they unveil 1.2 million wallets and allocate 26% of $CENT tokens towards community rewards.
The Incentiv blockchain, a next-generation, EVM-compatible Layer 1 blockchain, has demonstrated significant testnet momentum. This innovative blockchain, built on a unique contribution-scored Proof-of-Work (PoW) economic model, rewards real, verifiable on-chain activity instead of just capital inputs or traditional fixed block rewards.
Unique Economic Model
The reward distribution is based on dynamic contribution scoring, aligning payouts with meaningful participation rather than inflationary token issuance or fixed rewards. Initially, 26% of the total native token supply ($CENT) is allocated to a Community Rewards pool as subsidy for early users, ensuring substantial incentives before transaction volume and fees grow. A Short-Term Growth Fund supports strategic early-stage initiatives, and the model is designed for long-term sustainability, transitioning gradually from subsidy-driven rewards to a fee-funded system.
Notable Features
Incentiv's features set includes:
- Unified Token ($CENT): The native token used within the network for all economic activities and rewards. 26% pre-allocated to Community Rewards for early incentives.
- Passkey Wallets: Enhanced security wallets designed for safer, user-friendly access to the network, improving user experience and safety.
- Bundled Transactions: Support for aggregating multiple transactions into single bundles to optimize gas usage and increase throughput.
- Native DEX: An integrated decentralized exchange within the protocol, allowing seamless token swaps and liquidity provision directly on the blockchain.
- Open SDK: A software development kit providing developers easy access to build on and extend the Incentiv platform, promoting ecosystem growth.
Together, these features emphasize Incentiv’s focus on usability, security, scalability, and a community-aligned economic framework, positioning it as a versatile and sustainable Layer 1 blockchain aimed at rewarding real contributions and fostering broad participation. The testnet has shown early strong adoption with over 1.2 million wallets and significant activity tracked, demonstrating robust engagement with the platform.
For further information, please contact Incentiv Press at [email protected].
The Incentiv blockchain, with its unique contribution-scored Proof-of-Work (PoW) economic model, leverages technology to reward real, verifiable on-chain activity instead of just capital inputs or traditional fixed block rewards. The Unified Token ($CENT) used within the network for all economic activities and rewards is a part of this technology-driven approach, with 26% pre-allocated to Community Rewards for early incentives.
