First there was BETA, now there is Testnet, and next will be Mainnet.
The purpose of the BETA phase was to deploy and test the mining software’s capabilities and functionalities when deployed to windows 10 computers around the world. Stability, object detection, load testing, and overall system stability were some of the things that were tested in this phase. BETA testers helped the team identify key issues that were promptly dealt with and resolved. We are now ready to move forward and launch the Testnet phase.
The Testnet phase will allow testing of all capabilities and functionalities that will be required for the Elumicate network’s operation. This is the final step before Mainnet integration and the launch of the ELUM token.
Testing areas for this phase include but are not limited to:
- Mining Software stability
- Automatic Epoch calculations from data uploads
- Reward accumulation and claiming
- ELUM token transactions
- Token Staking and subsequent reward multipliers
- NFT functionalities
The Testnet phase will offer full functionality including ELUM token transactions and rewards, it is important to note that ELUM Testnet tokens will never be transferred to the Mainnet. All ELUM token transactions are for testing purposes only (ELUM tokens will easily be acquired by trading Testnet IoTeX tokens, which are easily acquired for free). The purpose of the Testnet is to solidify and test the system in its entirety before the official launch.
While ELUM tokens from the Testnet will not be transferred on Mainnet, Miner reward calculations are tracked and reward tokens will be made available on Mainnet. This means that Testnet participants are mining for real ELUM tokens from day one, even when mining on the Testnet!
Testnet is a great way to get started into the Elumicate Ecosystem, where you can get a feel for the project and help test the network’s functionalities, while mining ELUM tokens for free in the process!
All mining rewards received during Testnet will be made available on Mainnet (this includes extra tokens received from staking multipliers). Regardless of whether they are claimed or not, all rewards earned through mining will be available on Mainnet. All ELUM acquired through other methods (purchased using testnet IOTX, transferred to/from other wallets, etc.) will not be transferred over and therefore have no real value outside of the test environment.
Token rewards that will be transferred to Mainnet can be found in the portal's Dashboard page. Claiming tokens, moving them out of your wallet, or performing any other transactions will not affect your token reward eligibility on Mainnet.
We highly encourage you to transfer tokens between wallets, perform staking operations, and claim your tokens while on testnet. This will help us ensure everything is fully operational before Mainnet launch.
Mined tokens are tracked regardless of what operations you perform on testnet.