Important Update: Reputation System Upgrade and Increased Prize Pool

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Dear Swan Chain Community,

We have some exciting updates to share regarding our ongoing ECP and FCP campaigns. Please read this announcement carefully as it contains important information that may affect your participation.

Reputation System Upgrade

We will be implementing a major upgrade to our reputation system. During this upgrade period, please note:

  • FCP scores (reputation scores) will be affected
  • This will directly impact the number of tasks (orders) FCP participants can receive

*Note: The upgrade is expected to be completed within 2–3 weeks. We will issue a separate announcement once the upgrade is finished, so please stay tuned for updates.

We appreciate your patience and understanding during this upgrade process.

Increased Prize Pool: Additional 200,000 SWAN

To allow for broader participation and in light of the reputation system upgrade, an additional 200,000 SWAN has been added to reward our computing providers

ECP (Edge Computing Provider) Campaign

  • Now: 420,000 SWAN, July 29 — Sep 29 (8 weeks)
  • An additional 100,000 SWAN added to the original 320,000 SWAN pool
  • Details: https://docs.swanchain.io/swan-chain/swan-chain-mainnet/swan-provider-campaign/edge-computing-provider-ecp

FCP (Fog Computing Provider) Campaign

  • Now: 500,000 SWAN, July 15 — Sep 29 (10 weeks)
  • An additional 100,000 SWAN added to the original 400,000 SWAN pool
  • Details: https://docs.swanchain.io/swan-chain/swan-chain-mainnet/swan-provider-campaign/fog-computing-provider-fcp

Track Your Progress

You can now monitor your performance and potential rewards on the Swan Chain Dashboard:

The dashboard features FCP and ECP leaderboards, allowing participants to view detailed information about their CP and mainnet activity contribution scores. These scores are directly related to the rewards you can earn in the mainnet campaign.

Deployment Guides

For those who haven’t joined yet or need a refresher, here are the deployment guides:

We’re excited about these changes and look forward to your continued participation in building the Swan Chain ecosystem. If you have any questions, please don’t hesitate to reach out to our community managers.

Join our Discord here: https://discord.gg/swanchain

About Swan Chain

SwanChain, initiated in 2021, is a full toolset AI blockchain infrastructure accelerating AI adoption. Utilizing OP superchain technology, it pioneers in merging Web3 with AI by providing comprehensive solutions across storage, computing, bandwidth, and payments. By tapping into underutilized computing power across a network of community data centers, its integration facilitates a significant reduction in computing costs by up to 70% while enabling the monetization of dormant computing assets. Through innovative marketplaces for decentralized storage, AI, and Zero-Knowledge proofs, alongside the efficiency of Lagrange for AI model deployment, SwanChain makes AI development seamless and affordable.

Our project is backed by top-tier investors in Web3 including Binance Labs, Protocol Labs, Chainlink Labs, etc., alongside joining forces with Nvidia, Google Web3 Startup Program, Microsoft Startup Program, Chainlink BUILD, and Filecoin Orbit.

Traction:

  • 10M user addresses and 1M daily transactions on the Saturn Testnet as of Q1 2024.
  • A vibrant community exceeding 100K Discord members.
  • Network expansion to 2,000+ computing providers across 100 global cities.
  • Over 50K deployments of AI model containers.

Stay connected with us:

Website: https://www.swanchain.io
Twitter:
https://twitter.com/swan_chain
Telegram:
https://t.me/swan_chain/
Discord:
https://discord.gg/swanchain
LinkedIn:
https://www.linkedin.com/company/swancloud

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Swan Chain - Building A Full Toolset AI Blockchain

Using OP Stack's Ethereum Layer 2 technology, we pioneers in merging Web3 with AI by providing full solutions across storage, computing, bandwidth, and payments