The Rumble in the Data NFT Jungle is here!
- The registration process is live.
- Product testing for Data NFT Technology.
- Runs on the MultiversX DevNet.
Are you ready to test the newest technology in the Data NFT marketplace? Look no further, as Itheum’s Rumble in the Data Jungle program is back and registration is live!
In July 2022, the first version of the Rumble in the Data Jungle saw huge success with the participation of our global community. Together, we battle tested our Data DEX and unleashed the claims portal on the MultiversX blockchain. Now, we’re back and ready to combat test our revolutionary Data NFT technology.
As a participant, not only will you have the opportunity to influence the development of cutting-edge technology, but you’ll also be rewarded with a place on Itheum’s whitelist for future product rollouts. Plus, you’ll be entered into a sweepstake for a chance to win Mystery Prizes! Additionally, users who successfully participate and work their way up the ranks will be rewarded limited edition Jungle OATs (On-Chain Achievement Tokens).
Phase 1 (the functional testing phase) of the testing round is now open
As part of this testing round, you will be asked to test:
1.) Data NFT Minting
2.) Data NFT Wallet testing
When Does it start?
The Program is Live!
Who can participate?
Anyone is eligible to participate.
What are Data NFTs?
As the name suggests, Data NFTs are unique and one-of-a-kind datasets wrapped into a non-fungible token to allow seamless validation and exchange. Essentially, any dataset can be unique, mainly because everyone’s data is different, where owners uniquely experience various effects and influences.
Simply put, wrapping data into an NFT involves converting a hosted data file (called a Data Steam) into a visual representation, usually into an abstract-type image. Converting will be done via an algorithm that will create this abstract image format based on the Data Stream’s metadata, thereby guaranteeing the uniqueness of the image itself.
The specific version of Data NFTs that will be tested as part of this competition is called Data NFT-FTs (Fully Transferable). These Data NFTs are comparable to the perpetual fully transferable license model for “data usage”. Learn more about Data NFTs by reading the whitepaper section here
To join, simply register your interest by clicking learn more below
If selected, you’ll be invited to our Data Jungle channel on Discord where more information and guidelines will follow. The program is open to everyone and anyone is eligible to participate.
How can you submit issues/bugs?
In our Discord, an additional “Test Feedback” channel has been created for our participants only. Here, you can submit any bugs or issues that were experienced during the testing of the Data NFT technology. Any feedback here would be valuable, even the tiny details, so please do submit your feedback, as this is why we are doing this.
During the testing phase, you’ll have the chance to test NFT Minting and NFT Wallet, and any feedback or issues encountered can be submitted in our Test Feedback channel on Discord.
Become an Alpha OG
Take advantage of this opportunity to participate in the most powerful and sophisticated way to validate the Data DEX. Join us in the Rumble in the Data Jungle, become an Alpha Cub, climb your way up the ranks to activate Alpha OG status, the most prestigious role in our community, and get recognized for your hard work.
Let’s adventure into the data jungle together!
About Itheum
Itheum empowers data ownership in the Web3 and Metaverse ecosystems and creates new market value for your data. It enables this by providing “decentralized data brokerage” technology. It’s a suite of tools that facilitate high-value data to be bridged from web2 to web3 and then be traded via peer-to-peer sales. It allows for “viral adoption” via our creative “Data NFTs” (provide “inner value” to NFTs and enable royalties / limited supply) and “NFMe ID” technology (a living Metaverse avatar representation of you — wrapped as an NFT and backed by personal data) and our innovative Data Coalition DAOs (which bulk trades your data). It also aims to be fully privacy-preserving, regulation-friendly and cross-chain; making it the most comprehensive core blockchain data infrastructure available in the market with use-cases in both the enterprise and retail space.
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