Cosmos Launches GoN, A Public Incentive Test Network Activity for Cross-Chain NFT

02/16/2023 09:44 • Metaverse & Beyond • 83 views

It is reported that Cosmos launched the fourth public incentive test network activity Game of NFTS (GoN), and the first phase has been opened for registration. GoN is a two-stage cross-chain activity. It thoroughly tests the underlying technology of cross-chain NFT (ICS-721) through the incentive test network (the first stage), and builds an innovative and open DApp based on it through the hacker marathon (the second stage). The winner of the first stage will get 20000 ATOMs. In the second phase, the Interchain Hackathon hacker marathon will be held. At that time, more cross-chain development teams and AWS, HashKey Capital and IDG Capital will participate.

Game of NFTS, the fourth public incentive test network activity of Cosmos, has been launched

Interpretation of the news:

Cosmos has introduced a new public incentive test network, Game of NFTs (GoN), which is designed to test the underlying technology of cross-chain NFTs or ICS-721. This activity is divided into two stages, each with its own purpose. In the first stage, GoN seeks to thoroughly test the technology and provide incentives for the winner, while in the second stage, it aims to build innovative and open DApps through hacker marathon.

The first stage of GoN has been opened for registration, and the winner will receive a whopping 20,000 ATOMs. This stage is expected to excellently test the underlying technology of cross-chain NFTs. Additionally, it serves as a platform for developers to showcase their ideas and hone their skills in creating decentralized applications (DApps).

The second phase will involve the Interchain Hackathon hacker marathon, where more cross-chain development teams, AWS, HashKey Capital, and IDG Capital will participate. This phase is where innovative and open DApps will be built based on the technology tested in the first stage.

Through this event, Cosmos will demonstrate the benefits of cross-chain NFTs or ICS-721, which can transcend multiple blockchain networks, restricting further stagnation in the blockchain world. By building decentralized applications utilizing this technology, it is possible to create a decentralized ecosystem that can efficiently solve problems, increase efficiency, and ensure transparency.

The Cosmos team’s goal is to ensure that the blockchain technology they create is user-friendly, secure, and scalable, which is critical in the blockchain arena. The public incentive test network activity, GoN, provides a platform where the Cosmos ecosystem can be tested, problems understood, and solutions derived.

In conclusion, the GoN initiative is a significant milestone in the blockchain world for technology enthusiasts, as it provides a stage for them to showcase their skills and innovation. As the blockchain world evolves, initiatives like this are expected to become more frequent, and technology is likely to be tested more thoroughly.

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