Charlie Garcia
What is MyGate Network?
MyGate Network represents a decentralized physical infrastructure (DePIN) initiative on the Solana blockchain, which allows individuals to earn from their idle internet bandwidth. By converting standard devices such as laptops, smartphones, and tablets into Virtual Private Servers (VPS), it establishes a decentralized cloud network.
This project has received notable support from well-known entities in the blockchain industry, including the Solana Foundation and Multicoin Capital. Moreover, MyGate Network has collaborated with recognized firms like Contabo and Hostinger, enhancing the reliability of its technical framework.
MyGate Network airdrop Details
MyGate Network has announced an airdrop of its native token, $MYG, with 10% of the total supply designated for airdrop distribution and 30% dedicated to community development efforts. The project features a points-based model that rewards users based on their involvement and activity within the network.
The airdrop initiative started on January 2, 2025, offering various tasks for users to earn points, which will likely determine how $MYG tokens are allocated during the distribution phase.
How to Participate in the MyGate Network Airdrop
- Create an account on the MyGate Network platform:
- Navigate to MyGate App (Using this link grants you bonus points)
- Register with your Google account
- If required, input referral code 0SQ60U to gain additional points
- Download the MyGate Network browser extension:
- Access the Chrome Web Store extension page
- Click “Add to Chrome” to start the installation
- Log in to the extension using your account
- Configure your node:
- Go to “Node Status” in your dashboard
- Select “Manage” to set up your node
- Ensure that at least one node is correctly configured and operational
- Finish available tasks:
- Click the ribbon icon on the left panel
- Review and accomplish all listed achievements
- Link your social media accounts (Twitter, Telegram)
- Follow MyGate Network on its official social media pages
- Optional: Become part of the Ambassador Program
- Complete the ambassador application form
- Open until January 31, 2025
- Engage in initiatives for community growth
Maximizing Your Rewards
- Keep your node online consistently
- Complete all achievements available in your dashboard
- Check daily for new tasks and opportunities
- Consider participating in the Ambassador program
Technical Requirements
- Reliable internet connection
- A device capable of running continuously (preferably a computer)
- Chrome or a compatible browser to support the extension
- You can also utilize the Kiwi browser on mobile
Frequently Asked Questions
What sets MyGate Network apart from other DePIN projects?
MyGate Network is distinct in its focus on establishing a decentralized VPS framework, enabling users to earn from their idle computing resources while contributing to a worldwide cloud system.
How are rewards determined?
Rewards are mainly calculated based on factors like node uptime, contributions to the network, and the completion of various tasks and accomplishments within the platform.
Is there a minimum uptime requirement?
While there are no specific uptime requirements made public, higher uptime typically leads to improved rewards across DePIN initiatives.
Can I operate multiple nodes?
Yes, users are allowed to run multiple nodes, though certain restrictions and requirements might apply.
Conclusion
MyGate Network offers a chance to engage in a Solana-based DePIN project with substantial institutional support. By adhering to this guide and staying actively involved, users can prepare for the forthcoming $MYG token airdrop. It’s essential to routinely check the dashboard for new tasks and ensure your node is operational for the best results.
If you’re interested in other projects without tokens that might offer governance tokens to early participants in the future, explore our list of potential retroactive airdrops to ensure you don’t miss the next DeFi opportunity!
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