Country for PR: United Kingdom
Contributor: PR Newswire Europe
Friday, December 18 2020 - 05:28
AsiaNet Chain Prepares for Mainnet Launch with Final Dry Run
HONG KONG, December 18, 2020, /PRNewswire-AsiaNet/--

Mainnet stress test event, Crossfire, includes USD 300,000 validator incentives today announced Crossfire, the Mainnet dry run, aimed at 
stress testing the network in a practical, real-world setting before public 
release. Crossfire marks an important milestone and final step in preparation 
for mainnet. Participating Validators have the opportunity to compete with each 
other while completing tasks. Winning Validators will share a prize pool of USD 
300,000 in CRO rewards.

In the last year, the [ ] Chain has received 
massive support from its community and industry partners. Croeseid, the latest 
testnet, features a new codebase based on the Cosmos SDK and has achieved great 
success with 50+ validators deployed and over 800,000 transactions processed.
Kris Marszalek, CEO of, said: "With the Mainnet production dry run, 
we are entering the final stretch on the road to go-live. The Crossfire 
competition for validators with $300,000 in rewards is a critical part of 
stress testing the network before the much anticipated launch."

The Cosmos SDK, upon which the Chain is built, promotes scalability, 
usability and coin interoperability. Cosmos' inter-blockchain communication 
(IBC) module [ ] allows cross-chain asset transfers 
and communications that provide strong support for DeFi use cases, a core 
element of's product roadmap. Chain mainnet continues to 
adopt Tendermint Core as its consensus engine, one of the most mature 
Byzantine-fault tolerant (BFT) consensus engines for building proof-of-stake 
systems, and its codebase is released on Github here 
[ ] written in the Go programming 

Crossfire Validator Competition

Those interested in becoming a validator can begin registering at 13:00 UTC, 17 
December 2020, with the competition period running from 04:00 UTC, 18 January 
2021 through 03:59 UTC, 15 February 2021. 

Crossfire Validator Tasks: (Note: No minimum CRO staking requirement)

 - Entry tasks - Setting up validator nodes and keeping them online 
 - Complete tasks for additional rewards:
  o Submitting transactions to the network for a chance to win the jackpot
  o Proposal voting participation
  o Perform node client update
  o Observe and report valid network attacks via Chain GitHub
  o Compete with other validators to become one of the top 10 Most Valuable 
Participants (MVPs)

Crossfire Validator Rewards:
Compete with other validators to become one of the top 10 Most Valuable 
Participants. Each eligible participant may receive CRO rewards upon completion 
of tasks:

 - Entry tasks - Up to USD 1,000 each (200 winners) 
 - Network upgrade - Up to USD 150 each (200 winners) 
 - Jackpot - Up to USD 10,000 
 - MVP Prize - USD 13,000 shared among the top 10 validators 
 - Network attack sharing, bug and bounty program - Up to USD 50,000 shared by 
 - Referrals - We encourage participants to refer their friends to join the 
Crossfire dry run as well. Eligible referrers and referees will receive a 
reward of 50 USD worth of CRO each. Read more about the referral program here 
[ ]. 
 - Additional details on the prize pool and rewards breakdown can be found here 
[ ].

Sign up to become a validator here 
[ ]. For more information on 
setting up a validator or a full node on Chain, click here 
tes ].

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