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IOTA Rolls Out Liquid Link Rewards and AI Video Bounty With $1,500 Prize Pool
The IOTA Foundation has launched two innovative initiatives to boost community involvement and onboard users onto its platform. These new programs aim to foster a strong sense of belonging among users while creating a competitive environment that rewards active participation.
Firstly, the organization unveiled “Liquid Link,” a revolutionary staking mechanism that allows users to earn passive income by staking their IOTA tokens. Unlike traditional staking models, Liquid Link enables users to maintain liquidity in their funds, which is especially appealing during periods of market volatility. This breakthrough technology leverages the collaboration with Swirl and brings about a fresh approach to how users can interact with decentralized finance (DeFi) platforms.
In addition to this development, IOTA also released the AI Video Bounty initiative, inviting content creators to produce engaging video content that showcases the potential of its platform and community. The organization has set aside a whopping $1,500 prize pool for participants who create outstanding content that resonates with the IOTA audience. This strategic move aims to foster creative expression and promote the adoption of IOTA technology among new users.
These initiatives signal an important shift in IOTA’s approach to fostering engagement within its ecosystem. By recognizing user contributions through a points-based system, Liquid Link incentivizes active participation and builds connections between enthusiasts.
Source: www.crypto-news-flash.com
