Crust Network Airdrop Event And Earn CSM Program

Published on: 12.06.2021

CRUST Network provides a decentralized storage network of Web3.0 ecosystem. It supports multiple storage layer protocols such as IPFS, and exposes storage interfaces to application layer. Crust’s technical stack is also capable of supporting a decentralized computing layer. It is designed to build a decentralized cloud ecosystem that values data privacy and ownership.

To build a strong community, Crust Network launched several events for their community. This includes the following:

1. Airdrop on CoinMarketCap, 1,000 lucky addresses share a total of 9,000,000 CSM

2. Support Crust Shadow’s Kusama parachain slot auction, rewards up to 90,000 CRU + 18,000,000 CSM

3. Try Crust storage, stake CSM, and share a total of 54,000 CRU

After two years’ development, the Crust Preview Network-Maxwell was launched on February 4th of 2021. In just a few months, the total storage capacity of Maxwell has exceeded 600PB, and there are more than 3,000 Crust nodes around the world.

“To encourage more users to experience Crust’s decentralized storage capabilities, Crust will launch the “Profit Data” activity. Up to 54,000 CRU will be rewarded to users that use Crust to store files. Crust will provide free storage space to users that meet their requirements.”

HERE’S HOW TO PARTICIPATE

  1. Register a Crust Maxwell Account on Crust Apps ( how to register?)
  2. Prepare CRU for on-chain transaction fees and storage order fees. We recommend preparing at least 0.1 CRU; or you can apply for free storage space on the Maxwell Preview Network (with a Github account older than 6 months)

3 Steps To Earn Reward:

Step 1: Use Crust to store files—The system will generate a ‘Data Power’, this is the proof of your storage order. Then you need to stake CSM on the data power to earn CRU rewards. The upper staking limit per TB is 10,000 CSM; (click to participate)

Step 2: Get the golden shovel CSM—Participate in the airdrop on CoinMarketCap or support Crust Shadow’s Kusama Parachain Slot Auction to earn $CSM

Step 3:Stake CSM—You can stake for yourself, or you can become a $CSM guarantor of others to share their rewards.

Through these 3 steps, you will earn $CRU rewards according to the percentage of your effective $CSM stake to the total $CSM staking pool. Total rewards equal 54,000CRU. The activity will be officially launched on June 20th 2021 and will last for 180 days.

Join the CoinMarketCap CSM Airdrop
–Crust will airdrop 9,000,000 CSM to the community for free through CoinMarketCap. There will be 1,000 addresses, each winning 9,000 $CSM. They will adopt a random whitelist mechanism; (click to participate now)

—Airdrop whitelist application opening time: June 21st 2021, 12:00 UTC

—Deadline for airdrop whitelist application: June 30th 2021, 12:00 UTC

—The airdrop will be distributed to the whitelisted Crust Maxwell accounts before July 5th

ABOUT CRUST Network
Crust is an application-type public chain that motivates decentralized cloud services. At this stage, Crust will first implement a decentralized storage layer, and then upgrade to a computing layer that supports decentralization.

RESOURCES
Blog Post

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