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What Is DAWN Extension and How to Get the Airdrop? ChainPlay
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20 days ago
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ChainPlay
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20 days ago
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DAWN (Decentralized Autonomous Wireless Networks) is making waves due to its massive potential. It promises to allow users to buy and sell internet bandwidth within their location. It operates under the Solana blockchain to benefit from its scalability and speed. Decentralized, DAWN wants to lead the shift from central data centres and network hubs by moving the power into users' homes. This article will explore the DAWN Network, its Extension and token, and how to participate in their airdrop.
- DAWN is a Decentralized Physical Infrastructure Network (DePIN) sector project. It aims to turn users' homes into mini data centres by allowing them to deliver internet services.
- The project was developed under the Solana blockchain, allowing users to turn their internet bandwidth into a commodity. Dragonfly has led the effort, already raising $33 million in funding.
- Users are welcome to participate in the DAWN Network and they can do so by downloading their extension.
What is Dawn Airdrop?
DAWN is an innovative technology that uses point-to-multipoint (PtMP) wireless technology to turn internet bandwidth into a commodity. Andrena, a company that provides high-speed internet services through a decentralized model, developed this interesting technological solution. Indeed, the wireless technology DAWN provides helps to manage communication between nodes efficiently. Furthermore, it can turn a user's home into a mini data centre.
There are many reasons the DAWN technology is very important. With the type of technology they offer, users can buy internet bandwidth that suits their needs. Also, they have the opportunity to sell any residue bandwidth. DAWN is trying to create a technology that enables users to maximize their network resources. For instance, if a household should purchase an internet connection and they travel for a holiday. With DAWN technology, they can sell their internet bandwidth to others and profit.
DAWN Network
The DAWN Network uses blockchain technology to make their technology a success. A trustless environment allows DAWN to integrate three working mechanisms within its ecosystem. First, it uses a Proof-of-Backhaul (PoB) within its network. This framework helps to determine the bandwidth of a wireless access point's backhaul link. The benefits of using this are that it has low barriers to entry for challenge servers, can verify backhaul bandwidth of up to 1000 Mbps, and is trust-free.
A good example is when a node claims to offer 2 Gbps but only delivers 1.5 Gbps. The function of the PoB will be to make changes to the payment and delivery mechanisms.
Secondly, Proof-of-Location (PoL) is integrated within the DAWN Network. Proof-of-location (PoL) systems help to prove the presence of users at a particular location. Since it has many qualities, such as non-transferability, user privacy, and unforgettability, it ensures each node's physical location is reported. Lastly, the Proof-of-Frequency incorporated in the DAWN technology helps confirm the wireless spectrum used by each node. This Proof-of-Frequency is important because it guarantees that the system is operating at the highest level with no congestion issues.
DAWN is a technological venture that is on track to achieve many things. This decentralized solution first raised $15 million on February 23 2023, with Dragonfly leading the funding. The project raised another $18 million in a funding round on August 7, 2024. Dragonfly led This funding round again with participation from other top investors like Frictionless Capital, Triton, Modular Capital, 6th Man Ventures, and Reflexive. More details about this project show Andrena as the developer. One of the major objectives of this developer is to develop home internet services at a lower cost than competitors. Furthermore, establishing the DAWN Network was to create a service where users could sell surplus internet bandwidth and make a profit.
DAWN Extension
The DAWN Extension is an integral part of this technology and its airdrop. Witness Chain's Watchtower system powers the DAWN Validator Extension. The purpose of this collaboration is to allow users to participate and earn by keeping their internet connection on. Nevertheless, there are other methods of earning as users can also refer their friends and follow DAWN social media channels to earn more additional points.
According to data from CoinGecko, those participating in this airdrop can get 1,440 reward points within 24 hours. Also, the rewards users earn within these 24 hours depend on how long they stay connected to the extension.
As mentioned, referring users is also among the ways of getting rewards. Details from DAWN show users will receive bonus rewards equal to 20% of the rewards earned by their referrals. Users will also get 10% of their lifetime rewards earned by Referral B and 5% from Referral C. Also, users can earn a massive 5,000 reward points whenever they follow DAWN on their social media platforms.
More than 500k users have already signed up to join the potential airdrop. Nevertheless, the extensive steps on how the airdrop process will be executed are still underway. However, like similar projects such as GetGrass, the points earned from DAWN will be converted to their native token during allocation.
What Is the DAWN Token
The DAWN team has yet to provide extensive data about their token at the end of the airdrop. However, there's information on their whitepaper concerning the supply and tokenomics of their crypto. This token will mainly serve as the governance token of this platform, allowing users to vote and make decisions on key milestones and events. Furthermore, it will also be used to distribute rewards and incentivize the community.
DAWN says it will automatically incentivize users based on their efforts in the following: bandwidth seeding, redundancy, performance validation, geographic focus, service delivery to end users, outage resolution and system maintenance, and initial activation.
The developers of this project have some strategies that will help in the reward mechanism of their token. One is that they will reward a smaller pool of high-value early adopters with a disproportionate higher reward. The goal is to ensure their project brings more value to the community. Secondly, network security and validators will play a key role in their network and earn more rewards. This will help attract more users to participate.
The DAWN token will have a total supply of 1 billion. The biggest tokenomics allocation, 25%, will go to the nodes, including the border, distribution, and access nodes. The treasury, team, and investors will receive 20% of each allocation. Third-party service providers of validation will receive 7%, while the ecosystem partners receive 3%. Lastly, all the other stakeholders get 5%.
How to Get the DAWN Airdrop
The DAWN airdrop is quite simple to get on if you follow the steps below:
Download the DAWN Extension
The first step while trying to participate in the DAWN airdrop is to download their extension. You will need to go to their website at https://www.dawninternet.com/ to Download the DAWN Validator Extension. This will redirect you to the Chrome webstore, where you can install the extension on your Chrome or any other web browser you are using.
Once the DAWN Extension has been installed, the next step is to register by inputting your email address and creating a strong password. You verify your email and you can now log in and begin earning points.
Referrals
Referrals are part of the process of joining the DAWN airdrop, and each user is provided with a unique code to refer others to the platform.
Follow DAWN Social Accounts
Following the social media channels of DAWN provides an opportunity to earn more airdrop points. There are three social media platforms users can perform these tasks and they include Twitter, Discord, and Telegram. Each comes with a 5,000-point reward.
Wait for the Airdrop Distribution
Once you are connected and are consistent with mining the DAWN points, the next step is to wait for the potential airdrop. Usually, the developers will convert your earned points to the DAWN token at the end of the airdrop.
FAQ
What Should I Consider Before Performing the DAWN Airdrop?
There are many things a user should have in mind when signing up for the DAWN airdrop and participating in the activities. One is that once you sign up, it could give the DAWN Extension access to personally identifiable information, location, and authentication data. Nevertheless, the team behind this project says users' privacy is protected and no information is sold or shared to a third party.
How Can I Earn on DAWN?
There are many ways to earn money at DAWN. The first is by staying connected on the DAWN Extension to earn rewards. Secondly, users can also earn rewards by referring their friends and can get up to 20% of their referral earnings. Also, following DAWN on social media platforms like X, Discord, and Telegram provides more earning opportunities.
What Happens After the Airdrop?
Just like similar airdrops like GRASS and Gradient, DAWN points will be converted to the native token of their ecosystem. This native token will then be allocated to qualified users of the airdrop. Upon listing on exchanges, users will know the value of their airdrop.
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