By participating in the Beta Rewards Program you’ll be rewarded with Autonomi Network tokens, which we’ll pay you after the Main Network launches later this year.
The amount of tokens you’ll be paid depends on how far up your [Wave] leaderboard you climb, and how many times rewards have [multiplied].
Each Wave will have a dedicated Rewards pool which will start at 250,000, and multiply as we get more Beta testers.
So for example, assuming we reach our target of 3000 participant, those claiming the top three places of Wave 1 would get approximately:
1st: 63,600
2nd: 46,300
3rd: 37,000
And the prizes continue down the whole leaderboard! Plus, there will be more exciting weekly rewards, and other ways to get involved too.
What will the rewards be worth?
We can’t know for sure at this stage what an Autonomi Token will be worth, as it’s all down to supply and demand when the live Network launches.
The closest indicator we have is the value of MaidSafeCoin (EMAID) which is a proxy token which will convert 1:1 into Autonomi Network Tokens, the same as you’ll be paid your rewards.
When will I be paid?
Rewards will be paid after the launch of the Main Autonomi Network scheduled for later this year.
What is a Wave?How many other people will I be competing against?
The number of people you’ll be competing against depends on which Wave you make it into.
Wave 1: 175 people
Wave 2: 825 people
Wave 3: 2000 people
Wave 4: 3000 people
Wave 5: 4000 people
What are Rewards Multipliers?
We want to expand the size and reach of the Network. So we’ve set up some key targets. Each time we hit those targets, the rewards on offer will multiply the rewards available.
Each Wave will start with a 250,000 Token prize pool. Then when we reach these numbers of overall Beta Rewards Participants, the rewards will multiply:
At 2000 Participants: The pools will double
At 3000 Participants: The pools will double again
At 6000 Participants: The pools will multiply some more