What is Nexus?
Nexus, which is also known as Nexus Labs and Nexus Network, is a decentralized proof network that aggregates computing resources from various devices, such as GPU farms and mobile phones, to establish what it calls the Verifiable Internet. The initiative has received $25 million in financial backing from notable investors like Pantera Capital, Lightspeed Ventures, and Dragonfly Capital. Utilizing its zkVM (Zero-Knowledge Virtual Machine) technology, Nexus facilitates advanced computational processes through a highly parallelized system.
The core focus of the platform’s technology is on enabling verifiable computations while ensuring privacy and security, making it especially useful for applications that require significant computational power and result authentication.
Nexus airdrop Details
On December 9, 2024, Nexus initiated its testnet, with a farming phase that will last until December 13. The network drew over 10,000 users within just the first hour of its launch. The testnet is designed with a points-based system that allows participants to potentially earn rewards estimated at around ~$300 each. Users can gather points by sharing their computing power through a web interface, CLI client, or easily configured nodes.
How to Participate in the Nexus Airdrop
Web Interface
- Go to beta.nexus.xyz
- Select “MY PROFILE” in the top-left corner
- Provide your email (verification is optional – farming will continue without it)
- Click “Connect” on the main page to begin farming cycles
Setup Options
Mintair Node Setup (Easiest Method)
For an easy setup experience:
- Visit Mintair through this link to receive a discount.
- Connect your wallet
- Fill out your profile
- Buy a node ($5 with our special link, normal cost $7)
- Copy your Prover ID from your profile at beta.nexus.xyz
- Put this ID into Mintair server settings
- Wait for 30-60 minutes for the activation process
CLI Installation and Setup
For users interested in providing more computing power:
- Install the CLI:
- Open CMD (Windows) or Terminal (macOS/Linux) and paste the following command, then press Enter:
curl | sh
- Follow the prompts
- Open CMD (Windows) or Terminal (macOS/Linux) and paste the following command, then press Enter:
- Set up your Prover ID:
- Option 1 (Recommended): Link your web account by copying your prover ID and entering it when asked
- Option 2: Create a random ID
- Complete the setup by responding to each prompt using your keyboard
More information can be found here
Tips to Maximize Earnings
- Keep your browser tabs open, as farming ceases if they are closed
- Consider utilizing multiple devices
- Use Mintair nodes for dependable, maintenance-free functioning
- Ensure you have a stable internet connection
Important Deadlines
- Start Date: December 9, 2024
- End Date: December 13, 2024
- Time Remaining: Limited time to participate
Frequently Asked Questions
Is email verification mandatory?
No, farming will continue even without email verification, though it is recommended.
Can I operate multiple tabs?
Yes, having two tabs open can double your farming efficiency, but be mindful of your system’s increased workload.
Duration of the testnet?
The testnet farming period lasts for 4 days, from December 9 to December 13.
Why is this project significant?
Nexus has obtained $25M in funding from distinguished investors and has shown strong user interest, with over 10,000 users signing up in the first hour after launch.
Additional Considerations
The Nexus testnet offers a time-sensitive chance to get involved in a financially solid project that remains relatively under the radar. With substantial venture capital backing and notable initial user adoption, the platform appears to have great potential. Participants can choose from a variety of options that align with their technical abilities and available resources, ranging from straightforward web farming to dedicated node operations.
To achieve the best outcomes, assess your available resources and select the method of participation that aligns with your skills. With the limited timeframe ending on December 13, it’s essential to begin your participation as soon as possible to enhance your chances of earning rewards.
If you’re looking for more projects that haven’t launched their tokens yet and could potentially offer governance tokens to early users later on, explore our list of potential retroactive airdrops so you don’t miss the next DeFi airdrop!
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