CryptoSpiel.com
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
No Result
View All Result
CryptoSpiel.com
No Result
View All Result

Stellar has announced new updates involving NFTs rewards

October 7, 2022
in Crypto News
Reading Time: 3 mins read
A A
0
Change on the horizon as Stellar blockchain upgrades to Protocol 17
0
SHARES
5
VIEWS
ShareShareShareShareShare

  • Stellar Quest Learn to reward those who complete Quest levels with XLM and NFTs badges.
  • The team introduces Pioneer Quest, and abolishes compulsory wallet setup.

Stellar Lumen has added an extra level to its quest, which will enable learners to earn XLM and NFT badges for completing each level. The blockchain-based payment network has unveiled Level 3, the most challenging level of the Stellar Quest Learn. After the educational platform was launched in October 2022, the team has continually tweaked the platform to quench demand based on feedback from consumers. As such, Stellar Quest Learn has become more engaging, user-friendly, and educational. Every category of learners is accommodated at Stellar Quest- either a beginner or an expert. 

Most learners get knowledge about the basic account-level operation and configuration operations. The new level added is an advanced phase of the learning process. Learners will face bump sequences, sponsorships, clawbacks, claimable balances, and liquidity pools. Notably, participants can move straight to Level 3 of Stellar Quest, dismissing the preceding stages. However, there is a catch. They will lose earning NFT badges for failing to complete previous levels. 

XLM rewards for completing Stellar Quest levels

Learners will also earn XLM rewards in addition to NFT badges for completing a Stellar Quest level. Patrons of the Stellar Quest are entitled to 100 XLM in rewards to be shared across all levels. While learners who complete Level One would get 20 XLM, there is 30 XLM up for completing the second phase. More interestingly, the reward for completing level 3, the most difficult, is 50 XLM. Stellar wrote in its blog post that there is a need to connect or create an Albedo wallet to receive the XLM rewards and NFT badges. Albedo is Stella Quest’s official wallet. 

Most of Stellar Quest’s responses are about the onboarding process’s confusion. A probe into the situation has pointed out that many users are new to the blockchain sphere. These users find it difficult to set up a crypto wallet and they often quit before attempting any quest. As a solution, the team has introduced an introductory quest called Pioneer Quest. It will teach newbies what a wallet represents, how to set it up, and its utility. Although Albedo was the case study, interested persons can apply the information to other crypto wallets. 

Furthermore, the team has suspended the compulsory requirement of connecting a wallet before attempting any quest. Learners can learn the variation of Stellar operations without earning XLM rewards or NFTs badges for completing a quest. It is a great advantage for people who want to complete a quest or two solely for educational purposes. 

The team will continually release more side quests and features to the network in addition to the recently released Level 3. Stellar Quest Learn will add some side quests that teach how to bump transactions and mint NFTs. Also, the Stellar Quest Live event could happen before the year runs out.

 


Credit: Source link

RELATED POSTS

Ethereum ETFs Stay Strong as Bitcoin Funds Lose $460M in a Week

Top 100 Viral Altcoin Explodes by 325% Daily, BTC Struggles at $77K: Weekend Watch

Here is How to Invest in Bitcoin, According to Strategy

Buy JNews
ADVERTISEMENT
ShareTweetSendPinShare
Previous Post

Bankruptcy Court Publishes 14,000 Pages of Celsius Customer Usernames and Trade History – Bitcoin News

Next Post

Why VeChain will lead the blockchain market in 2022 and beyond

Related Posts

Here’s The Massive Difference Between Bitcoin ETFs and Ethereum ETFs
Crypto News

Ethereum ETFs Stay Strong as Bitcoin Funds Lose $460M in a Week

September 13, 2026
Post-ETF Approval Stagnation Continues as Bitcoin Price Fails to Overcome $43K (Market Watch)
Crypto News

Top 100 Viral Altcoin Explodes by 325% Daily, BTC Struggles at $77K: Weekend Watch

September 13, 2026
Here is How to Invest in Bitcoin, According to Strategy
Crypto News

Here is How to Invest in Bitcoin, According to Strategy

September 12, 2026
Next Post
Vechain Foundation reports a $1.2b crypto treasury in Q1 2022

Why VeChain will lead the blockchain market in 2022 and beyond

Blockchain is running again after 10 hours pause

Blockchain is running again after 10 hours pause

Recommended Stories

Swiss-based Crypto Firms Selects Tezos for Tokenizing Finance Products

Tezos (XTZ) Launches Previewnet for Post-Quantum Blockchain

September 2, 2026
Illinois Crypto Tax Faces New Court Bid Before It Hits Residents

Illinois Crypto Tax Faces New Court Bid Before It Hits Residents

September 10, 2026
META Price Prediction: Stochastic Screaming Overbought While MACD Goes Dark — Brace for the $600 Test

META Price Prediction: Coiled at $616 — Bulls Have 48 Hours to Break $623 or Face a Fast Flush

September 6, 2026

Popular Stories

  • SWIFT Experiments With CBDC Interoperability for Facilitating Cross-Border Payments

    DBS and Citi Settle 24/7 Cross-Border Dollar Payment on SWIFT’s Ledger

    0 shares
    Share 0 Tweet 0
  • Trader Says DeFi Altcoin Aave Witnessing Clear Trend Switch, Updates Forecast on Two Low-Cap Coins

    0 shares
    Share 0 Tweet 0
  • Grayscale’s Zcash ETF Tops $500M, but $100M Came From a DCG Affiliate – Bitcoin News

    0 shares
    Share 0 Tweet 0
  • AVAX Staking Guide: How to Stake AVAX Right From Your Core Wallet

    0 shares
    Share 0 Tweet 0
  • Co-founder of Binance Yi He on the Theft of Crypto Assets Worth $1 Million

    0 shares
    Share 0 Tweet 0
CryptoSpiel.com

This is an online news portal that aims to provide the latest crypto news, blockchain, regulations and much more stuff like that around the world. Feel free to get in touch with us!

What’s New Here!

  • Crypto Moguls Pledge £72M to Fund Reform UK Election Campaign – Bitcoin News
  • Ethereum ETFs Stay Strong as Bitcoin Funds Lose $460M in a Week
  • Strict Capital Rules Trigger Mass Exit of Brazil Crypto Firms

Subscribe Now

Loading
  • Live Crypto Prices
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 - cryptospiel.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams

© 2021 - cryptospiel.com - All rights reserved!

Please enter CoinGecko Free Api Key to get this plugin works.