What Is Teneo Airdrop: Complete Guide to Get TENEO Tokens

Bittime - What is Teneo Airdrop: A Complete Guide to Getting TENEO Tokens. Teneo Protocol is currently in the spotlight in the blockchain world, especially with their airdrop program that offers users the chance to get TENEO tokens for free. 

By installing the Teneo Community Node extension in the browser, users can start generating Teneo Points which can later be converted into TENEO tokens when the project officially launches the Token Generation Event (TGE).

This article was inspired by Wendy 研究's writing on Binance Square.

What is Teneo Protocol?

Teneo Protocol is a decentralized data platform focused on DePIN (Decentralized Physical Infrastructure Network) and AI. 

This project provides a solution to collect, process and store data in a decentralized manner by utilizing smart contracts. 

With the support of leading blockchain ecosystems such as Solana, Ethereum, Cosmos, and Peaq, Teneo enables DePIN projects and AI companies to access the data they need to develop products and optimize operational processes.

In addition to helping end users, Teneo also offers benefits to data providers who can get fair rewards, thus encouraging the formation of a strong and secure data system.

Also read What is Teneo Protocol? 

3 Key Features Protocol

Teneo has several key features that make it attractive to users and developers:

1. Community Nodes

Community Nodes allow users to earn Teneo Points simply by sharing their unused bandwidth. These nodes can be easily installed on a computer, and the points collected can later be exchanged for TENEO tokens.

2. Decentralized Data Storage

Data storage in Teneo supports high read and write speeds and can be scaled for large data sizes. Users have full control over their data, including more flexible access.

3. Tokenization RWA (Real World Assets)

Teneo enables the tokenization of real-world assets through the issuance of tokens that represent the value of assets, such as equipment and machinery. For example, Token A can represent an electric vehicle with operational performance data recorded on the blockchain, providing transparency for investors.

3 Step Guide to Join Teneo Airdrop

To join the Teneo airdrop program, follow these steps:

1. Download the Teneo Community Node Extension

Go to the Teneo Community Node page and download the extension as a zip file.

2. Enable Extension in Browser

Extract the zip file, open the extension page in your browser (chrome://extensions/), enable Developer mode, then drag-and-drop the extracted folder to the extension page.

3. Register and Activate Node

Click on the Teneo extension, then register with email using the invitation code “w60iW” to get additional bonus points. 

After email verification, login to the extension and click Connect Node to start earning points. 

Users can also invite friends to earn an additional 2,500 Teneo Points.

Note : Make sure to check the node connection periodically as there may be a connection error. Open the YouTube tab to speed up Teneo Points mining.

TENEO Protocol Tokenomics 

The project's main token is TENEO with a total supply of 10 billion tokens. The token distribution covers several main categories, including:

- Incentive Pool (35%) to encourage community involvement,

- Private Sales (22%) locked for 6 months,

- Airdrop & Public Sale (6%) to motivate new users.

While large incentive allocations support community growth, large distributions to private sales and early backers could pose a risk to long-term investors as the token begins to unlock.

Teneo Protocol's Potential and Challenges

Teneo Protocol has several advantages, especially with a large allocation for community incentives that encourage widespread engagement of new users. 

However, there are also challenges, such as the lack of transparency regarding the development team and competition with similar projects. The potential for high selling pressure when the token unlocks also needs to be watched out for by investors.

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Reference

https://www.binance.com/en/square/post/15636968403353