Here I want to cover Pipe Network Airdrop Now Live, which allows users to take part in the testnet of a Solana-based CDN.
With the airdrop now active, users can participate in running nodes, accruing points, and possibly unlocking future token rewards. Early participation in this pioneering new project is very much encouraged.
What is Pipe Network?
Pipe Network is a new Sub Content Delivery Network of CDNs using the Solana Blockchain. By employing a system of distributed nodes, Pipe Network serves as a more inexpensive and effective alternative to traditional CDN providers.
There are two major components to the system; Point of Presence (PoP) nodes which are in charge of content delivery, and Guardian Nodes which supervise the health of the network and tune its efficiency.
Pipe Network raised \$10M in series A funding led by Multicoin Capital and supported by Solana Ventures and Robot Ventures. Previously they have utilized an investment of \$3M in Rise Capital and Kress Von Bovenschnitt.
Pipe Network Airdrop Now Live
The Pipe Network testnet has recently gone live and is set to operate in 3 seasons of 7 days each.
As of May 5, it is possible to run PoP nodes in Season 1 which is incentivized with an invite code that can be requested through a registration form.
For individuals who are seeking to qualify for airdrops in the future, it is recommended to participate in all 3 seasons.
How to Participate in the Pipe Network Airdrop?
Registration
To register, navigate to the Pipe Network site and sign up with your email address and desired password.
Install Guardian Node Extension
To begin, download the Chrome extension Pipe Guardian Node from the official website.
Activate Your Guardian Node
After installing the extension, sign in and finalize your account configuration to complete the setup. This guardian node works to monitor and secure the network.
Connect Social Accounts
Follow Pipe Network on Twitter, and from the dashboard link your account to get bonus points (eg. 420 points).
Stay Active
Keep your Guardian Node activated on Chrome to farm points. Uptime is important!
Use Referrals
On the dashboard, create your custom referral link and distribute it to gain additional points on every successful registration.
Ways To Get The Most Out Of Pipe Network Airdrop Rewards
Maintain Uptime: Ensure your Guardian Node is running at all times to maximize point earning efficiency.
Engage in Referrals: Motivate more users to join using your referral link to increase your points balance.
Complete Additional Tasks: Log in every day to see if there are any new social tasks available to complete.
Stay Updated: Join the community groups of Pipe Network so that you do not miss out on any chances to earn more points.
Pipe Network Airdrop Features
Low Latency
Experience blazing speeds with Pipe Network’s ultra-responsive content delivery, targeting latency as low as 3ms in the future expansion of the network.
Scalable Growth
Pipe Network grows with each user, delivering solid performance no matter the scale.
Robust Security
Fortified by decentralized architecture, Pipe Network keeps data safe from threats.
Cost Effective
Lower costs, maximize efficiency, and earn with Pipe Network’s smart, sustainable ecosystem.
Advantages & Disadvantages Pipe Network Airdrop
Advantages of the Pipe Network Airdrop
Token Accessibility: Users accrue points which have a chance of being exchanged for tokens during the Token Generation Event (TGE).
Minimal Initial Investment: All that is needed to start earning is an invite code and a browser extension. There is no need for costly hardware.
Strong Financial Backing: Multicoin Capital, Solana Ventures, and Robot Ventures have previously funded Pipe Network with $10M in Series A, thus providing strong financial backing.
Decentralized Infrastructure: Replaces traditional content delivery networks (CDNs) with PoP and Guardian Nodes on Solana, which aids in the decentralization of the Web3 ecosystem.
Referral Bonuses: Earn extra points through invites making it easier to enhance your potential returns.
Community Engagement: Linking a Twitter account is an engaging way to complete tasks and helps to strengthen the community, thus increasing the ecosystem and earning yourself points at the same time.
Disadvantages of the Pipe Network Airdrop
Undefined Economics of the Token: The token price, distribution metrics, and its use-case are all still a mystery.
Restrictions on Participation: Requires an invite code and may also have restricted access to nodes or may be limited to whitelisted users only.
Browser Dependency: Guardian Node must run in your browser, which can be resource-intensive or require uptime for the entire duration of the task.
No Guaranteed Rewards: Tokens could potentially be issued, but there is no guarantee for the conversion of points to tokens, nor confirmation on reward distribution.
Regional Restrictions: The platform may not be accessible geographically and some users may require a VPN to complete certain tasks.
Conclusion
The opportunity of the Pipe Network airdrop allows users to actively participate early in a Solana powered CDN decentralized network.
Users who are active in the testnet by running nodes and completing tasks are helping in network development, and at the same time, they are likely to earn tokens.
Although there is no guaranteed value for the airdrop, the investment is risk-free and the project has a lot of potential which makes it an ideal opportunity for really active Web3 participants.
