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Press Releases

Bholdus Officially Launches Testnet And Organizes A Bug Bounty Contest With A USDT 10,000 Prize Pool

December 2, 2021 - Around 3 mins mins to read

On November 30, 2021, Bholdus officially launched its Testnet-version blockchain called Cygnus for users and developers to use and experience. Cynus is the international name for the constellation Swan and also the name of the first black hole found, expressing Bholdus’s vision of building a “universe” ecosystem of its own for investors and aspiration to bring new experiments to the community in the crypto space.

  • Bholdus Officially Launches Testnet And Organizes A Bug Bounty Contest With A Usdt 10,000 Prize Pool

With Cygnus, users can experience Bholdus technology through the creation and trading of digital assets as well as NFTs, using Bholdus blockchain as a platform to develop GameFi projects, DeFi applications in a safe environment at no cost. In particular, Users can create NFTs and tokens on Bholdus’ platform in a simple and intuitive way by setting parameters and filling out forms, without being too knowledgeable about programming smart contracts.

The Bholdus blockchain uses the Nominated Proof of Stake (nPOS) consensus mechanism, a more extended version of the Proof of Stake (POS) consensus mechanism. Therefore, on Testnet, the Bholdus platform exhibits advantages such as very low gas fees, fast transaction processing – up to thousands of transactions per second, as well as high security.

In order to celebrate this event, from December 1 to December 15, 2021, Bholdus is organizing the Bug Bounty Hunter Contest. This is a contest that encourages users and developers to find areas of improvement in features, interfaces and potential bugs on Cygnus with a total prize pool of up to 10,000 USDT. \

  • Reward scheme of Bug Bounty Contest
    Reward scheme of Bug Bounty Contest

Bugs submitted to Bholdus will be graded according to the following criteria: the importance of the error, the usefulness of the suggestions – including the cause or how to fix the technical error; interface suggestions help increase the level of user experience.

If you want to join the Bug Bounty Contest, you can access Testnet of Bholdus at: https://testnet.bholdus.net/.

For more details about the contest, please visit: 

https://bholdus.com/blog/article/bholdus-bug-bounty-contest-policies

Bholdus – A promising blockchain for DeFi and NFTs 

Bholdus is a multi-chain platform dedicated to decentralized financial (DeFi) applications and non-fungible tokens (NFTs). Bholdus carries the mission to connect the crypto space with qualified real-world assets using blockchain with minimal costs, high security and unparalleled transaction throughput. Through Bholdus, crypto projects such as gamefi & metaverse related businesses may utilize tokenization to convert their valuable assets into NFTs and asset-based tokens as proof of creditworthiness for unlimited access to different financial services in crypto space.

Furthermore, Bholdus has concurrently announced strategic partnerships with esteemed brands, namely Singapore Fintech Association, Global DCA, TechQuartier, etc. Following their 5-year roadmap, Bholdus thrives to emerge as a multinational ‘unicorn’ fintech firm. Accordingly, the core team specifically emphasizes their vision to develop a Multi-Hub of GameFi and Metaverse, which will bring limitless experience and redefine the real world.

Follow Bholdus on: 

Press Releases

Bholdus Officially Launches Testnet And Organizes A Bug Bounty Contest With A USDT 10,000 Prize Pool

On November 30, 2021, Bholdus officially launched its Testnet-version blockchain called Cygnus for users and developers to use and experience. Cynus is the international name for the constellation Swan and also the name of the first black hole found, expressing Bholdus’s vision of building a “universe” ecosystem of its own for investors and aspiration to bring new experiments to the community in the crypto space.

  • Bholdus Officially Launches Testnet And Organizes A Bug Bounty Contest With A Usdt 10,000 Prize Pool

With Cygnus, users can experience Bholdus technology through the creation and trading of digital assets as well as NFTs, using Bholdus blockchain as a platform to develop GameFi projects, DeFi applications in a safe environment at no cost. In particular, Users can create NFTs and tokens on Bholdus’ platform in a simple and intuitive way by setting parameters and filling out forms, without being too knowledgeable about programming smart contracts.

The Bholdus blockchain uses the Nominated Proof of Stake (nPOS) consensus mechanism, a more extended version of the Proof of Stake (POS) consensus mechanism. Therefore, on Testnet, the Bholdus platform exhibits advantages such as very low gas fees, fast transaction processing – up to thousands of transactions per second, as well as high security.

In order to celebrate this event, from December 1 to December 15, 2021, Bholdus is organizing the Bug Bounty Hunter Contest. This is a contest that encourages users and developers to find areas of improvement in features, interfaces and potential bugs on Cygnus with a total prize pool of up to 10,000 USDT. \

  • Reward scheme of Bug Bounty Contest
    Reward scheme of Bug Bounty Contest

Bugs submitted to Bholdus will be graded according to the following criteria: the importance of the error, the usefulness of the suggestions – including the cause or how to fix the technical error; interface suggestions help increase the level of user experience.

If you want to join the Bug Bounty Contest, you can access Testnet of Bholdus at: https://testnet.bholdus.net/.

For more details about the contest, please visit: 

https://bholdus.com/blog/article/bholdus-bug-bounty-contest-policies

Bholdus – A promising blockchain for DeFi and NFTs 

Bholdus is a multi-chain platform dedicated to decentralized financial (DeFi) applications and non-fungible tokens (NFTs). Bholdus carries the mission to connect the crypto space with qualified real-world assets using blockchain with minimal costs, high security and unparalleled transaction throughput. Through Bholdus, crypto projects such as gamefi & metaverse related businesses may utilize tokenization to convert their valuable assets into NFTs and asset-based tokens as proof of creditworthiness for unlimited access to different financial services in crypto space.

Furthermore, Bholdus has concurrently announced strategic partnerships with esteemed brands, namely Singapore Fintech Association, Global DCA, TechQuartier, etc. Following their 5-year roadmap, Bholdus thrives to emerge as a multinational ‘unicorn’ fintech firm. Accordingly, the core team specifically emphasizes their vision to develop a Multi-Hub of GameFi and Metaverse, which will bring limitless experience and redefine the real world.

Follow Bholdus on: 

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