Breaking
May 2, 2025

Crypto News | Pipe Foundation Launches PipeQuest Incentive Program for Pipe Network Testnet Chainwire | usagoldmines.com

[PRESS RELEASE – Dubai, United Arab Emirates, May 1st, 2025]

Announced on stage at Token2049, PipeQuest gives node operators an opportunity to earn rewards in exchange for computing power used by the first decentralized content delivery network (CDN) built on Solana

Pipe Foundation, a non-profit organization dedicated to the decentralization, adoption, and expansion of Pipe Network, the first decentralized content delivery network (CDN) built on Solana, today announced the launch of the PipeQuest incentive program for the Pipe Network testnet on stage at Token2049 Dubai. The PipeQuest program is structured as a multi-season initiative designed to support ecosystem growth, node operator performance, community engagement, and demand-side traction ahead of mainnet, due to launch this summer.

Pipe Network’s architecture is designed to be easily scalable and foster a self-sustaining ecosystem where users will be rewarded for active network participation, incentivizing content and media companies, web3 developers, and digital service providers to support and scale the network. Core to Pipe Network’s innovation is its fleet of decentralized Point of Presence (“PoP”) nodes that anyone—from internet service providers (ISPs) to enterprise and web3 companies—can deploy as close as ~50 miles from end users. Pipe Network’s permissionless model and Linux-based software can turn virtually any device into a PoP node. This lets PoP operators deploy nodes and scale the Pipe Network without restrictive contracts or unfair pricing, eliminating typical entry barriers in the traditional ISP partnership and PoP deployment model. Since launching in private devnet at the end of January, the Pipe Network has seen:

  • 200,000 PoP nodes onboarded
  • More than 200,000 files uploaded
  • More than 250 Terabytes of cumulative storage used

David Rhodus, Founder of Permissionless Labs, the research and development team behind Pipe Network, and Core Contributor to the Pipe Network, commented on the testnet launch, “We’re excited to make our testnet available to the wider Solana community to demonstrate how a decentralized CDN can increase bandwidth and reduce latency beyond what has been possible with off-chain solutions. Already seeing success in the form of 30% lower initialization times for Solana network validators that downloaded their Solana Snapshot via our CDN, we’re excited to reward the wider community for getting directly involved in building the next-generation solution for applications requiring real-time responsiveness like video streaming and high frequency trading—among others, particularly use cases in underserved and rural regions.”

PipeQuest Season 1 opens May 5th, 2025, with each season running ~7 days, and will be focused on incentivizing certain testnet activity in the following ways:

Season 1 – PoP Node Performance

  • Core Objective: Benchmark raw PoP performance to identify and reward high-performing node operators based on uptime, RTT, and cache efficacy.
  • Tracking: Node performance metrics will be audited via Guardian Node tooling.
  • Incentives Awarded: Based on internal leaderboard position which will inform the node operators of future Mainnet roles and visibility. For example, the top 1% of PoP operators will earn a 2x points multiplier and a Mainnet “Edge Captain” badge.

Season 2 – Community Engagement

  • Core Objective: Grow mindshare & literacy around decentralized CDNs.
  • Tracking: Community engagement will be measured by activities like meme challenges, completing CDN literacy quizzes, developing CDN literacy campaigns, and pipe network referrals
  • Incentives Awarded: Based on content quality, reach, and contribution consistency. For example, users can earn 100 points for creating a meme that hits ≥ 500 impressions on X or by getting an 80% or higher completion rate on a CDN literacy quiz.

Season 3 – Demand Generation & Onboarding

  • Core Objective: Drive real traffic through the network; battle-test partner integrations.
  • Tracking: Demand generation and the onboarding of end users and infrastructure partners will be measured by activities like running content through the Pipe CDN, providing feedback on network benefits, helping develop network case studies, and support with the integration of dApps, RPC services, and infra clients to the Pipe Network
  • Incentives Awarded: Mystery boxes awarded based on qualified usage, onboarding volume, and depth of engagement. For example, a mystery box can be earned by uploading more than 1TB of data to the Pipe CDN with the potential for a capped 3x mystery box bonus for uploading up to the 10TB data cap.

Points will be tracked via an internal scoreboard which will be frozen for 48hrs at the end of each season for auditing, so awards are given based on relative performance and contribution during each season. The points earned across these seasons are non-transferable and are intended to measure meaningful participation within each phase of PipeQuest’s rollout and reward early adopters.

The Pipe Network’s core contributors at Permissionless Labs are composed of former AWS principal engineers who built Amazon Elemental Cloud, which has onboarded service providers including Netflix, Comcast, ABC, and NBC. The team’s combined decades of experience in software engineering, technical program management, and strategic product growth uniquely qualify them to disrupt the CDN market by building a new solution that leverages the power of blockchain technology.

Please visit the PipeQuest blog to learn more and participate in the testnet.

About the Pipe Foundation:

The Pipe Foundation is a non-profit foundation dedicated to the decentralization, adoption, and expansion of Pipe Network. Built as the first decentralized CDN for Solana, Pipe Network leverages high-throughput blockchain technology and hyperlocalized nodes to deliver content quickly and securely on a massive scale by increasing bandwidth and reducing latency.

To learn more, please visit: https://pipe.network/

Media Contact: pipefoundation@mgroupsc.com

The post Pipe Foundation Launches PipeQuest Incentive Program for Pipe Network Testnet appeared first on CryptoPotato.

  [PRESS RELEASE – Dubai, United Arab Emirates, May 1st, 2025] Announced on stage at Token2049, PipeQuest gives node operators an opportunity to earn rewards in exchange for computing power used by the first decentralized content delivery network (CDN) built on Solana Pipe Foundation, a non-profit organization dedicated to the decentralization, adoption, and expansion of Pipe Press Release 

This articles is written by : Nermeen Nabil Khear Abdelmalak

All rights reserved to : USAGOLDMIES . www.usagoldmines.com

You can Enjoy surfing our website categories and read more content in many fields you may like .

Why USAGoldMines ?

USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.

Recent:

Crypto News | Public companies have already acquired 96% of all Bitcoin to be mined in 2025 Gino Mat...

EU says it has a €50B trade offer on the table for Trump Hannah Collymore | usagoldmines.com

Best Altcoins To Watch In May: Breakouts Are Brewing, Says Crypto Analyst Jake Simmons | usagoldmine...

Crypto News | Strategy achieves $5.8B in yearly Bitcoin gains, raises BTC Yield target to 25% Gino M...

Strategy Releases Q1 Financial Results: Michael Saylor Remains a Bitcoin Maximalist and Raises 2025 ...

Tether’s U.S. Treasury holding approaches record high of $120B Collins J. Okoth | usagoldmines.com

$1 For Cardano (ADA) and Mutuum Finance (MUTM) is Just a Matter of Time, But Dogecoin (DOGE) May Rem...

Industry Analysts Say You Should Hold Ruvi AI (RUVI) As Ripple (XRP) Will Never Bring You Life-Chang...

Automakers like Ford in solid April sales driven by panic buying amid tariff worries Enacy Mapakame ...

UK Fintech Losing Spark as Crypto Heavyweights Seek Faster Shores Hongji Feng | usagoldmines.com

Tether Rakes in Record $1B Q1 Profit—46M Wallet Surge Fuels $120B Treasury Bet Hassan Shittu | usago...

Cai Wensheng Pays 20% Premium, Bets $84M on Hong Kong AI-Web3 Hub Hongji Feng | usagoldmines.com

Dogecoin Whales Buy 100 Million DOGE In 24 Hours – Demand Signals Growing Confidence Sebastian Villa...

Crypto News | Sam Altman’s World Launches in 6 Cities in the US Wayne Jones | usagoldmines.com

Crypto News | 21Shares highlights Dogecoin’s role in diversified, high-return investment portfolios ...

Kraken Announces Growth in Q1 Revenue YoY: Crypto Boom at Hand Steve Muchoki | usagoldmines.com

Nvidia attacks Anthropic in public AI fight over US chip export rules Jai Hamid | usagoldmines.com

Nvidia may get a lifeline soon, depending on Trump’s UAE visit Hannah Collymore | usagoldmines.com

‘Perfect Ponzi’: Dan Nathan Warns Trump Crypto Could Collapse Under Scrutiny Julia Smith | usagoldmi...

XRP Price To Break Out Of Consolidation: The Next Moonshot That Will Lead To $3 Scott Matherson | us...

Crypto News | Tether boosts US Treasury holdings by $3B amid YoY profit drop Gino Matos | usagoldmin...

Crypto News | Bitcoin market clears speculative froth as on-chain indicators stabilize Gino Matos | ...

Crypto News | Two Prime drops Ethereum, labeling it a memecoin amid waning institutional interest Gi...

Zoho pauses $700M chipmaking plans in India, one day after Adani pulls the plug Hannah Collymore | u...

Eric Trump tells TOKEN2049 that traditional banks are biased, outdated and bloated, unlike crypto Ja...

Mutuum Finance (MUTM) Price Prediction: Whales Are Loading Up, Could A $4 Breakout Be Coming In 2025...

Solana (SOL) Price Prediction: New ATH? Investors Are Turning To Ruvi AI (RUVI) To Maximize Their Pr...

Dogecoin Whales Scoop Up 100M DOGE in a Week, Fueling $0.20 Breakout Hopes Hassan Shittu | usagoldmi...

Coinbase suspends Movement (MOVE) from May 15 after evidence of insider profit-taking Hristina Vasil...

Dogecoin Structural Signals Align: Chart Suggests A Quietly Confident Path Toward Higher Levels Gods...

$1000 In Ripple (XRP), Mutuum Finance (MUTM) Or Ethereum (ETH) For The Next 5 Years? Here’s What Gro...

Plume CEO says tokenized asset market still too small for institutional capital Nellius Irene | usag...

Top Picks- Shiba Inu (SHIB), Dogecoin (DOGE), and 2 Must-Have Coins Under $0.50 to Buy Now Cryptopol...

Crypto market cap surpasses $3 trillion following recovery from trade policy shock Collins J. Okoth ...

Dead On Arrival: 25% Of New Crypto Tokens Didn’t Survive Q1 ’25 Christian Encila | usagoldmines.com

Crypto News | Ripple Price Analysis: XRP Hits Key Resistance at $2.4 – Is a Drop to $2 Next? Crypto...

Crypto News | Ethereum Price Analysis: Can ETH Take Down This Key Resistance Level? CryptoVizArt | ...

Crypto News | World Liberty’s USD1 to Power $2B MGX Investment in Binance Wayne Jones | usagoldmine...

Crypto News | Bitcoin’s dominance fuels crypto market climb to $3 trillion Oluwapelumi Adejumo | usa...

Altseason 2025: 3 Altcoins to Stack Before the Big Pumps Anjali Belgaumkar | usagoldmines.com

XRP Lawsuit News: SEC Delays XRP ETF Until After Ripple Update Nidhi Kolhapur | usagoldmines.com

USDT Issuer Tether Reports $1 Billion Q1 Profit, Marking Sharp Drop from Previous Quarter Shayan Cho...

Trump finally fires Security Adviser Mike Waltz over Signal war plans group chat leak Jai Hamid | us...

Under $0.03 and Building Fast: Mutuum Finance (MUTM) May Not Stay This Cheap for Long Cryptopolitan ...

Bitcoin ETF bought up over 32K BTC in April, holding 6.4% of the supply Hristina Vasileva | usagoldm...

General Motors says it expects up to $5 billion Trump tariff impact this year Enacy Mapakame | usago...

Dogecoin (DOGE) and PEPE Shows Bullish Signs As Experts Think Ruvi AI (RUVI) Could Easily Offer 13,9...

Trump’s support couldn’t stem top US BTC miners losing $190 million in Q1 2025 Nellius Irene | usago...

Plutus Completes Historic Final Reconciliation of PLU Rewards Pool and Announces Burn Schedule KEY D...

Cardano (ADA) Surged 14% While Ruvi AI (RUVI) Attracts Investors Thanks to $1 Price Prediction and 4...

Strategy (MSTR) trades at over $400 ahead of quarterly report Hristina Vasileva | usagoldmines.com

Solana (SOL) and Shiba Inu (SHIB) Tipped For 3x-5x Gains But This Newcomer Is Backed To 35x Cryptopo...

Eric Trump says MGX’s $2B Binance investment will be settled with World Liberty Stablecoin Collins J...

Ethereum (ETH) Investors Looking To 100x Their Portfolios Are Rushing to Buy Ruvi AI (RUVI) Cryptopo...

Ether, XRP, Shiba Inu, Cardano, Solana Explosion In The Cards As Market Sees Renewed ‘AltSeason’ FOM...

“Just One API”: How Kraken’s New ‘Embed’ Lets Banks Tap $300B Crypto Market Overnight Hongji Feng | ...

XRP Price Macro Channel Breakout That Puts Targets At $17-$55 Scott Matherson | usagoldmines.com

Institutional Interest for XRP, Ether, Cardano, and DOGE Skyrockets in the U.S. Olivia Brooke | usag...

Ripple Moves to Buy USDC Issuer Circle for Around $5 Billion — But… Troy Watson | usagoldmines.com

Bitcoin’s Institutional Adoption Surges While Price Stalls Below $100,000 Olivia Brooke | usagoldmin...

Floki Price Prediction Explodes as AI Bot Reveal Fuels 23% Rally – Can It Hit New Highs? Harvey Hunt...

Tesla Chair Refutes Report Detailing Plans For Elon Musk’s Replacement Julia Smith | usagoldmines.co...

Solana Price Prediction: New Proposal to SEC Could Bring U.S. Stocks Directly On-Chain – $1,000 SOL ...

XRP Price Prediction: Should You Sell XRP in May? Here’s What Analysts Expect Next for Ripple Alejan...

‘Annoying As Hell’ – Analyst Predicts XRP Will Crash 30% Christian Encila | usagoldmines.com

Dogecoin Could Hit $1.42 This Cycle In Bull Case, Says 21Shares Jake Simmons | usagoldmines.com

Crypto News | Bitcoin’s Next Move: 3 Scenarios to Watch in 2025 Wayne Jones | usagoldmines.com

Crypto News | Bitcoin Forms a Familiar Accumulation Structure as BTC Price Pushes Above $96K Jordan...

Crypto News | 5 Best Meme Coin Presales to Watch in May 2025 George Georgiev | usagoldmines.com

Crypto News | Interesting Dogecoin (DOGE) Price Predictions: New ATH on the Way? Dimitar Dzhondzhor...

XRP vs SEC News: Ripple’s Exec Chairman To Meet SEC’s Paul Atkins?  Nidhi Kolhapur | usagoldmines.co...

Ripple Launches XRP Rewards For Loyal Supporters as Token Eyes Key Price Breakout Anjali Belgaumkar...

Why Is $31.2T Blocked from U.S. Bitcoin ETFs? Victor | usagoldmines.com

Microsoft reports gaming revenue gains despite declining Xbox hardware market Collins J. Okoth | usa...

Sky pitches proposal to finalize MKR to SKY token migration Samuel Haig | usagoldmines.com

Shiba Inu (SHIB) and Dogecoin (DOGE) Prices Record Gains But It’s Another Altcoin That’s Turning Hea...

23 mega companies promise billions under Trump to build the US economy Florence Muchai | usagoldmine...

Ubisoft fan base expect more from Prince of Persia, as The Lost Crown surpasses 2M players Collins J...

Microsoft hikes Xbox prices as stock jumps 10% and it tops global market cap Jai Hamid | usagoldmine...

Why Saylor’s Billion-Dollar Bitcoin Buys Barely Move The Price, Expert Explains Jake Simmons | usago...

Crypto News | US blockchain firms urge SEC to clarify crypto staking rules Oluwapelumi Adejumo | usa...

Crypto News | Bitcoin mining revenues fall to critical level for older miners as fee income slides p...

Crypto News | Morgan Stanley and Charles Schwab eye crypto trading as US regulations ease Oluwapelum...

Buy Now Before Bitcoin Hits $1 Million! Michael Saylor and Pompliano’s Predictions Explained Editor ...

Singapore Gulf Bank Unveils 24/7 Crypto Clearing Network Victor | usagoldmines.com

Trump’s economic data reports are fabricated, all for DOGE show Florence Muchai | usagoldmines.com

Ethena integrates with TON to deliver neobank-like experience through Telegram Cryptopolitan News | ...

As Ripple Struggles To Gain Momentum In Market, This Crypto Coin Has Gained Popularity In The DeFi x...

Kraken rolls out crypto derivatives trading for UK professionals Nellius Irene | usagoldmines.com

Can TRUMP Coin Explode 1,000%? Price Prediction After Utility Token Plans Revealed Simon Chandler | ...

Canary Capital Files for First Spot Sei ETF in US, Includes Staking Component Amin Ayan | usagoldmin...

Bitget Wallet and Paydify Partner to Expand Everyday USDT, USDC Payments Sead Fadilpašić | usagoldmi...

Best Altcoins on Solana to Explode as Investor Interest in $SOL ETF Skyrockets NewsBTC | usagoldmine...

Bitcoin Price To Break Key Resistance For Rally With A Crash To This Zone First Scott Matherson | us...

Best AI Crypto Coins to Invest In as ChatGPT Creator Launches World Crypto Project NewsBTC | usagold...

What’s Next For Bitcoin and XRP Price? Anjali Belgaumkar | usagoldmines.com

Shiba Inu (Shib) Burn Rate Explodes 38,299% in Just One Day  Mustafa Mulla | usagoldmines.com

Worldcoin Launches in U.S. with Eye Scans and Visa Card Victor | usagoldmines.com

Crypto industry takes Dubai for TOKEN2049 as Trump hype starts to cool off back home Jai Hamid | usa...

Stablecoins flipped the script to surpass Visa in transaction volume Collins J. Okoth | usagoldmines...

Leave a Reply