Key Takeaways
- Hyra Network is a next-generation modular blockchain designed for scalability, security, and interoperability.
- The project introduces $HYRA as its native token to power staking, governance, and ecosystem rewards.
- Hyra launched its testnet campaign and airdrop to reward early adopters who join the network and complete tasks.
- By participating, users can potentially secure a share of the $HYRA airdrop once the mainnet goes live.
Disclaimer: Crypto airdrops are promotional events where tokens are distributed to existing holders of a cryptocurrency or to individuals who meet certain criteria. While airdrops can be a way to acquire tokens at no cost, they also involve risks. There’s no guarantee that the airdropped tokens will increase in value, and there may be associated fees or requirements. Additionally, airdrops can be susceptible to scams and phishing attempts. Always exercise caution and verify the legitimacy of any airdrop opportunity before participating.
What Is Hyra Network?
Hyra Network is a Layer-1 modular blockchain that focuses on high-performance decentralized applications. The platform is designed to improve scalability and cross-chain communication while keeping gas fees low.
Its $HYRA token will be the backbone of the ecosystem, used for:
- Paying transaction fees
- Staking and securing the network
- Participating in governance
- Incentivizing developers and community contributors
With its focus on modularity, Hyra aims to compete with other next-gen ecosystems like Celestia, Eclipse, and Dymension.
Hyra Network Seed Funding Round
Hyra Network completed a seed funding round on June 10th, 2023, raising approximately $2.36 million, as part of its broader financial strategy under Hyra Holdings.
This followed a pre-seed round in January 2022, with the seed round closing by March 25th, 2024, and a pre-money valuation of $23.6 million.
The funds supported key milestones, including user acquisition, the beta launch of Hyra Wallet, and the official rollout of AI services, as outlined in their roadmap.
The capital also bolstered strategic partnerships and the development of their decentralized AI infrastructure, which now powers over 2 million edge AI devices globally, aiming for scalability and innovation in AI and blockchain ecosystems.
How To Participate In The Hyra Network Airdrop?
To join:
👉 STEP 1: Download the Hyra AI app on Android or iOS.
👉 STEP 2: Sign up for an account.
👉 STEP 3: Start training the AI.
👉 STEP 4: Invite other users to earn more $HYRA tokens.
👉 STEP 5: Keep an eye on official announcements and hope for the best!
Final Thoughts
That’s about it for this airdrop guide! For more potential airdrops like this one, visit our Airdrops page, where we cover only the most legit airdrops happening in the crypto space!
