Things You Need to Know about CNS Points and the Pre-launch Reward Party

What are CNS Points?

As a community-driven project, we want to reward our earliest supporters and share our success with our community. CNS points are our way of identifying and tracking users who have participated in CNS. To start earning CNS points, users must first have a CNS as points are tied to the CNS.

Users can earn CNS points through a couple of ways:

Minting

When users mint a CNS, they will receive CNS points. The higher the CNS tier and the longer the time to expire, the more points users will receive.

Auctions

CNS points are also rewarded to users who participate in CNS auctions, with the winner of the auction receiving the most points. Bidders who took part in the auction but did not win will also receive a small number of points for taking part.

Referrals

Users also receive bonus points from referring friends to mint or take part in CNS auctions. For every minted CNS or successful auction, the referrer will get a bonus of 50% of points received by the minter/auction winner. This bonus of 50% points is distributed separately to the referrer and is not deducted from the minter/auction winner’s points.

Cardano Connect: CNS Reward Party

As we gear up for the official launch of CNS, we have an exciting pre-launch party to bring the Cardano community together! Prizes include 1000 customized CNS domains and 5 Million CNS points.

CNS Reward Party starts on 26 Jan 2024, 13:00 UTC, and ends: on 30 Jan 2024, 13:00 UTC.

Details about the CNS Reward Party and how to participate can be found here.

About CNS

Cardano Name Service (CNS) is a platform for social networking on the Cardano network, empowering users to build their social presence, with .ada domains acting as gateways to their social identity. CNS uses a decentralized domain registry to scale efficiently while preserving security. Our unique data architecture ensures users retain full ownership of their CNS domains and the data associated with them.

With a unique and identifiable CNS domain linked to each user’s identity, DAOs, projects and companies can find new ways to identify active community members, reward participation, and issue verifiable credentials, opening up more opportunities to build a stronger and connected organization.

Twitter: https://twitter.com/CNSCardano

Resolver SDK: https://github.com/cns-space/cns-resolver-sdk