[PRESS RELEASE – Please Read Disclaimer]
When protocol testing gets fun and exciting.
After months in development and thousands of lines of code, Neptune Mutual is excited to announce its public testnet launch next Thursday, March 10, 2022.
To enhance user experience and community engagement, the team gamified the protocol testnet with a unique point reward system. This system rewards users for every significant action they take on the testnet, especially bug reporting.
With the testnet, users can simulate using the four primary features of the Neptune Mutual platform, namely:
- Purchasing a parametric cover policy.
- Providing stablecoin liquidity.
- reporting incidents.
- Claiming cover payouts.
Each user will be ranked on a Hall of Fame leaderboard based on their accumulated reward points. Users can access this leaderboard anytime and share an image of the leaderboard on social media.
This method of public testing aims to motivate users to provide high-quality feedback to give the team data-driven insights on how they can further develop Neptune Mutual as the blockchain’s go-to platform for stablecoin-based parametric covers.
On launch day, the team will provide an easy-to-follow How-to Guide for the Neptune Mutual public testnet.
Neptune Mutual CEO, Binod Nirvan said:
“We are really excited to launch the Neptune Mutual product on the Ropsten testnet. Obviously it will be the first opportunity for our community to try out the Neptune Mutual solution that we have been working hard to develop.
The testnet is very important for a number of reasons:
- feedback. It provides us the opportunity to receive and listen to feedback about the product from our community.
- Engagement. Community is at the core of Neptune Mutual and so using the testnet as a vehicle to build understanding, interest and engagement in our community is vitally important.
- perception. We hope that the launch of Neptune Mutual testnet is the starting point of a movement towards more widespread protection of digital assets. We hope that our community will enjoy helping us optimize and improve our solution which we believe is reliable, fast, competitively priced and simple.”
About Neptune Mutual
Neptune Mutual is a user-centric parametric cover platform that creates stablecoin-based cover products on the blockchain. Join us in our mission to cover, protect, and secure on-chain digital assets.