Iron Fish, a privacy-focused blockchain network, announced its mainnet launch on March 14. The platform has successfully completed three phases of the incentivized testnet, with more than 60,000 concurrent nodes processing assets minted by more than 390,000 users. Iron Fish closed a $27.6 million round in 2021 led by A16z.
#ironfish The mainnet will be launched on March 14th, and 940,000 tokens will be airdropped to testnet participants @azcoinnews https://t.co/67Sd71EnxL
— Kyptos (@azcoinnews) March 1, 2023
The launch of the mainnet will bring a series of new features to the platform, including burning, trading, mining and storage nodes. As a reward for their participation, Iron Fish will airdrop 940,000 tokens to testnet participants. They can apply for the airdrop through the upcoming exchange portal.
To ensure the eligibility of participants, Iron Fish is implementing a KYC process which will be managed by a trusted KYC service provider, Jumio. Every testnet reward recipient must complete the KYC process, and tokens can only be redeemed once per user. Iron Fish is a US company and subject to US regulations, therefore, all testnet participants must complete KYC.
The mainnet launch event will distribute 105,000 tokens to those who submit pull requests by March 13. The remaining tokens will be distributed according to a schedule corresponding to the three phases of the Incentivized Testnet. . Participants who complete KYC by March 19th will receive an allocation for both phases of their participation.
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according to Kyptos
