Claim Psy Points in Psy Protocol’s Testnet

About Psy Protocol

Psy Protocol is a Layer-1 blockchain that rebranded from the QED protocol. It runs a Proof-of-Useful-Work (PoUW) consensus where users generate transaction proofs locally and the network aggregates them with recursive zero-knowledge proofs. This allows the chain to reach very high throughput while maintaining proof-of-work trustlessness.

The project’s Psychonaut Incubation Program is now live on the Psy Testnet. Psy is positioned as a smart-contract platform that leverages “useful proof of work” and zero-knowledge proofs to support ultra-large-scale Web3 applications.

During its public-testnet launch, the team introduced a blockchain architecture capable of internet-level throughput with Bitcoin-grade security. In internal tests, millions of transactions per second were reportedly processed thanks to client-side ZK proofs and a horizontally scalable state model.

Funding and Backing

Psy Protocol has raised US$9 million across multiple venture rounds. A seed round on 3 July 2024 brought in US$6 million, with Blockchain Capital as a disclosed investor.

Other backers include Arrington Capital, Draper Dragon, Anagram Crypto, Paper Ventures, Valhalla Capital, StarkWare, Edessa Capital, UTXO, F2Pool, and ViaBTC Capital, among others.

This strong investor lineup, alongside ecosystem partners and mining pools, indicates Psy has the resources and support to continue scaling development.

Why Join the Psy Points Campaign

The Psychonaut Incubation Program is an incentivized testnet campaign where participants earn Psy Points. The program is free to join, and points are expected to be convertible to future tokens once mainnet launches.

Alongside the testnet, Psy is also running community campaigns such as Galxe giveaways.

Step-by-Step Guide to Earn Psy Points

1. Official Claim Link
   ? Claim Psy Points

2. Login/Register

   • Sign up or connect a wallet/email to enter the portal.

3. Go to Activities

   • Open the “Activities” tab and complete listed tasks.

4. Tasks to Complete

   • Link your X (Twitter) account and follow/retweet official Psy updates.

   • Join the Discord/Telegram communities.

   • Try out testnet interactions (create wallets, deploy sample contracts, use dApps).

   • Daily check-in for bonus points.

5. Track Progress

   • Use the dashboard’s “My Records” and “Leaderboard” to monitor your activity and ranking.

6. Optional Extra: Galxe Campaign

   • • Join Galxe Campaign

   • Complete off-chain social tasks, engage in activities, and compete for a $1,000 giveaway.

Once you complete tasks and check in regularly, your Psy Points balance will grow. Stay tuned for official updates on token conversion after mainnet launch.