$100,000 KAVA to Developer Teams to Participate in Ethereum Co-Chain Alpha and Beta Growth

1 min read

On-chain developer incentives will be a major feature of the upcoming Kava Network. They will drive rapid growth for the Kava eco-system and reward those who contribute the most to it.

To kick things off, Kava is launching the Kava Pioneer Program. As part of the build-up to the Kava Network mainnet launch in May, the Kava Pioneer Program is distributing 100,000 KAVA in incentives to attract the most innovative Ethereum developers to deploy on the Kava Network across the DeFi, GameFi, and NFT verticals.

Pioneers Welcome!

The Kava Pioneer Program is a unique, transparent approach to incentivizing participation and early ecosystem growth for the Kava Network. Pioneer developers that deploy their existing EVM-based protocols or new projects to Kava’s Ethereum Co-Chain will share in a prize pool of 100K KAVA, paid directly on-chain by the Kava DAO.

The program will reward up to 100 developer teams for participation in the Ethereum Co-Chain Alpha and Beta through a time-weighted distribution model. The total pool of 100K KAVA will be awarded pro-rata to projects that deploy on the Kava Ethereum Co-Chain based on their share of the total time that the Alpha and Beta are live prior to the mainnet launch, divided by the number of participating projects.

For example, if two projects deploy to the testnet and one deploys as soon as the testnet goes live, and the other deploys with 50% of the testnet period remaining, the first project would receive 75K KAVA and the second project would receive 25K KAVA. This way, early adopters are rewarded fairly for their level of participation.

How It Works

Program Rules

The Kava Network

The Kava Network is a secure, lightning-fast Layer-1 blockchain that combines the speed and scalability of the Cosmos SDK with the developer support of Ethereum. Through a unique “co-chain” architecture, the Kava Network will empower developers to build in their preferred environment on a single, scalable network.

Learn more here: https://kava.io

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