Key highlights:
- Incentiv’s public testnet has seen over 1.2 million unique wallets and hundreds of thousands of completed challenges.
- 26% of the $CENT token supply is reserved for community rewards, starting from the network’s launch.
- Incentiv’s unified reward system distributes earnings based on verifiable on-chain contributions across all network roles.
A blockchain economy built on measurable contributions
Incentiv, an EVM-compatible Layer 1 blockchain, has officially entered its public phase, introducing an economic framework that directly links rewards to on-chain participation. The network’s contribution-scored Proof of Work approach moves away from models focused solely on capital inflows, instead prioritizing verifiable actions such as development, liquidity provision, transaction bundling, or general network use.
At the center of this system is the Incentiv+ engine, which channels a portion of transaction value and fees into a communal Unified Reward Pool. Earnings from this pool are redistributed proportionately based on each participant’s role and measurable activity, creating a dynamic, performance-based reward environment.
Early adoption backed by a significant community allocation
To accelerate engagement, 26% of the total $CENT token supply has been allocated to the Community Rewards pool from the outset. This initial subsidy aims to provide substantial rewards before transaction volumes fully mature, with the long-term plan transitioning to a self-sustaining model funded by transaction fees. A Short-Term Growth Fund has also been established to boost early-stage activities and strategic initiatives.
The public testnet, launched earlier this year, has already seen the creation of over 1.2 million wallets and the completion of hundreds of thousands of challenges. More than 1.7 billion testnet $TCENT tokens have been distributed via an open faucet, offering early participants a preview of the reward dynamics at mainnet launch.
Advanced features for developers and users
Incentiv’s platform is built on advanced account abstraction, offering tools and features aimed at streamlining both development and user interaction:
- Unified Token – Allows gas payments in any supported token.
- Passkey Wallets – Device-integrated, passwordless wallets designed for better security and accessibility.
- Bundled Transactions – Combine multiple actions into a single signed transaction to simplify complex operations.
- Native DEX – Integrated decentralized exchange for on-chain token swaps, enabling fee conversions and liquidity provision.
- Open SDK – Developer toolkit for seamless dApp sign-ins with minimal coding requirements.
The bottom line
Incentiv’s public debut signals a shift toward contribution-based blockchain economies, with early adoption figures underscoring strong interest from both developers and end users. By linking rewards to actual network activity and reserving a substantial portion of its token supply for the community, Incentiv is positioning itself as a self-sustaining, participation-driven ecosystem from day one.
Source:: Incentiv Launches Public Era with 1.2M Testnet Wallets and Community-Focused Token Model