Crypto Quill

Injective, a fast and decentralized layer 1 blockchain built for finance, has announced a partnership with 12 DApps from its ecosystem to host the End of the Year Treasure Hunt. The event, which will run from December 29, 2023 to January 5, 2024, will challenge players to find secret words hidden in the DApps and win prizes.

How to Participate in the Treasure Hunt

To join the treasure hunt, players need to have an Injective wallet and some INJ tokens, the native currency of Injective. They also need to visit the official website of the event and register with their email address and wallet address. After that, they can start exploring the 12 DApps and look for clues that will lead them to the secret words.

The 12 DApps that are participating in the treasure hunt are:

• Orca: A decentralized exchange that allows users to swap, pool, and farm tokens across multiple chains.
• Thena: A decentralized protocol that enables users to create and manage synthetic assets backed by real-world assets.
• MoriFinance: A decentralized lending platform that offers low-interest loans and high-yield deposits.
• Akash Network: An open and peer-to-peer marketplace for cloud resources.
• Terra: A blockchain that powers the next generation of Web3 products and services with its stablecoins and DeFi applications.
• MAP Protocol: An omnichain layer of Web3 that enables cross-chain communication and interoperability.
• Evmos: A blockchain that supports native, cross-chain applications and Ethereum compatibility.
• Sei: A fast and scalable layer 1 blockchain that is designed to support the growth of the industry.
• Juno: A blockchain that serves as an incubation network for Web3 developers and applications.
• Stargaze: A platform that allows users to mint and trade NFTs on a community-owned network.
• Secret Network: A blockchain that provides data privacy by default with its secret contracts and secret tokens.
• Mars Protocol: A credit protocol that enables users to borrow and lend crypto assets without collateral.

Each DApp will have one secret word that is related to its features or functions. The secret word will be hidden in the DApp’s interface, website, social media, or documentation. Players will have to use their skills and creativity to find the secret word and enter it on the treasure hunt website. If they enter the correct word, they will receive a confirmation email and a reward.

What are the Rewards for the Treasure Hunt

The treasure hunt will offer a total of $50,000 worth of INJ tokens as rewards for the players. The rewards will be distributed as follows:

• $1,000 for each player who finds the secret word of a DApp. There will be a maximum of 50 winners per DApp, and the winners will be selected randomly from the pool of correct entries.
• $10,000 for the grand prize winner who finds all the 12 secret words. There will be only one grand prize winner, and the winner will be selected randomly from the pool of correct entries.

The rewards will be sent to the winners’ Injective wallets within 10 days after the end of the event. The winners will also be announced on the treasure hunt website and Injective’s social media channels.

Why Injective is Hosting the Treasure Hunt

The treasure hunt is a way for Injective to celebrate the end of 2023 and showcase its vibrant and diverse ecosystem. Injective has been one of the most active and innovative projects in the blockchain space, launching several products and features throughout the year. Some of the highlights of Injective’s achievements in 2023 are:

• Launching the Injective Hub: A one-stop platform that allows users to access all the services and products offered by Injective, such as the Injective Exchange, the Injective Bridge, the Injective Staking, and the Injective Governance.
• Integrating with Polygon: A collaboration that enables users to trade and access assets from Polygon’s network on Injective’s decentralized exchange, as well as use Polygon’s scaling solutions to enhance Injective’s performance and user experience.
• Partnering with Chainlink: A partnership that leverages Chainlink’s oracle network to provide reliable and secure data feeds for Injective’s derivatives markets, as well as enable new use cases such as cross-chain asset pricing and decentralized identity verification.
• Launching the Injective NFT Marketplace: A platform that allows users to create, buy, sell, and trade NFTs on Injective’s network, as well as access NFTs from other chains via the Injective Bridge.
• Supporting EIP-1559: An upgrade that implements a new fee structure for Ethereum transactions, which aims to improve the network’s efficiency and security, as well as reduce the environmental impact of Ethereum mining.
• Joining the Interchain Foundation: A membership that grants Injective access to the resources and network of the Interchain Foundation, a non-profit organization that supports the development and adoption of the Cosmos ecosystem.

By hosting the treasure hunt, Injective hopes to increase the awareness and engagement of its community, as well as attract new users and developers to its platform. Injective also wants to showcase the potential and diversity of its ecosystem, which consists of various DApps that offer different solutions and services for the Web3 economy.

The treasure hunt is a fun and rewarding way for users to explore and interact with Injective and its DApps, as well as learn more about the features and functions of each DApp. The treasure hunt is also a testament to Injective’s vision of creating a decentralized, interoperable, and scalable network that empowers users to access the best of Web3.