Euphoria, an Aura Network incentive staging network, will be operational on July 13, 2022, according to the original roadmap set by the Aura Network developers.
Singapore, July 12, 2022-((Business wire)-According to Aura Network’s announcement on social media, Aura Network will launch the Euphoria Staging Network on July 13th.
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Aura Network is a layer 1 blockchain focused on expanding the use of NFTs in various industries. This project aims to create a comprehensive ecosystem with the vision of “building the Internet for NFTs”. This is a one-stop destination for NFT creation, evaluation, and trading. To achieve this goal, Aura Network has partnered globally with traditional brands, game studios, and key IP owners to increase access to NFTs and Blockchains in their existing portfolios.
As of April, Aura Network has successfully launched two major testnets for dApp testing: Serenity and Halo. Both are tightly controlled networks and have a limited number of validators controlled by the Aura team and several other partners.
To increase its similarity to the mainnet, Aura Network has announced the release of a staging network under the codename Euphoria. This new environment is equipped with the latest features such as external validator bootstraps, vesting, voting and more, aiming to be an almost accurate replica of the Aura mainnet.
In the last week of June, the Aura Network decided to invite 55 selected validators to Euphoria to evaluate the security and decentralization aspects of the product. Since the tokens used in Euphoria are not Aura mainnet tokens, the Aura Network recommends validators to join Euphoria. Incentive Validator Program (IVP)..
The main goal of the incentive is to compensate for the time and resources the verifier spends on the network, not the motivation for profit. In particular, participants in the Euphoria Staging Network can earn 60 Aura tokens on the mainnet each day they are running a validator node on the IVP. In addition, all validators that complete the IVP are included in the Genesis block of the Aura mainnet.
The Euphoria Staging Network is the next network after Serenity and Halo, providing developers with an ideal environment for the real thing. Following this launch, the Aura Mainnet is scheduled to be launched by the end of September 2022.
About Aura Network
Aura Network is a scalable, agile and easy layer 1 blockchain with a comprehensive ecosystem built to accelerate the adoption of global NFTs. The Aura Network is focused on solving the problems of adopting NFT and blockchain technology, which are currently very complex processes.
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