Scheduled Testnet and Mainnet Launches for June 2018
Are you struggling to stay up-to-date on all the testnet and mainnet launches across the cryptocurrency community? We’ve got you covered! Today, we’re highlighting all of the testnet and mainnet launches scheduled for June 2018.
What Is a Testnet?
A testnet is an early version of a platform – like a blockchain before it’s ready to be fully launched to the public. A company will typically launch a testnet to make sure their platform is working as intended. It’s the last major step before a main network – or mainnet – launch.
A cryptocurrency company may release coins or tokens on their testnet. These tokens have no real value. They’re not the same as mainnet tokens, which will be launched when the full platform is available.
Typically, the public is able to freely access the testnet. It’s a public launch of the platform with many of the features you can expect on the full version of the platform.
Testnets don’t necessarily shut down when a mainnet launches. In many cases, companies leave their testnets up. They use these testnets to test future development.
You can also setup your own testnet version of different blockchains. There’s nothing preventing you from setting up your own private Ethereum testnet, for example. You can also access popular testnets online today like the Rinkeby Ethereum testnet at Rinkeby.io.
What Is a Mainnet?
A main network, or mainnet, is the full version of the platform that’s ready to launch. When a testnet is stable and working as intended, the company may choose to launch the mainnet version of the platform.
The mainnet is where the real transactions take place. Coins and tokens on the mainnet have real value.
Testnet and Mainnet Launches for June 2018 and Onward
Below, you’ll find some of the major testnet and mainnet platforms scheduled to launch over the next few weeks.
VeChain Mainnet: On Or Before June 30, 2018
VeChain has confirmed plans to launch its mainnet on or before June 30, 2018. VeChain is a blockchain platform dedicated to supply chain management. The goal is to use blockchain technology to optimize industries like agriculture, automobile manufacturing, retail, and more. With VeChain, companies along the supply chain can verify the identity of products as they pass along the chain. Consumers at the end of the chain, meanwhile, can verify a product using the blockchain.
VeChain uses VEN as its native token. VEN has been growing steadily over the last few months in preparation for the mainnet launch. As of June 8, VEN sits in the #16 position in terms of market cap with a $2.07 billion market capitalization. It’s priced at around $4.
VeChain’s team has confirmed their mainnet will launch before the end of Q2 2018, so the company has until June 30, 2018 to complete the mainnet launch.
Ontology Mainnet: On Or Before June 30, 2018
Like VeChain, Ontology has scheduled their mainnet launch before the end of Q2 2018, which means the company has until June 30, 2018 to launch their mainnet.
Ontology is a blockchain-based platform that integrates systems like distributed data exchanges, an identity system, data collaboration, procedure protocols, communities, and several industry-specific modules. The goal of all of these systems is to bridge the gap between blockchain technology and real-world processes.
Ontology’s blockchain uses the ONT token as its native token. Today, ONT sits in the #19 spot. Each ONT is priced at around $8 and the token has a market cap just under $1 billion.
Fusion Mainnet: On Or Before June 30, 2018
Fusion aims to boost interoperability between real-world industries and blockchain technology. Fusion brings blockchain to the “Internet of Value”, or IoV using a public blockchain that will allow various tokens to be mapped to it. With Fusion, tokens on different blockchains can communicate with one another.
Fusion’s blockchain uses the FSN token. It doesn’t have the same market cap as the ONT and VEN tokens mentioned above. However, it sits within the top 100 cryptocurrencies by market cap with a value of $5.48 per coin and a total market cap of $189 million.
Fusion’s mainnet is scheduled to launch before the end of Q2 2018, so the team has until June 30, 2018 to meet that deadline.
Enigma Testnet: On Or Before June 30, 2018
Enigma’s team has scheduled the launch of their testnet for Q2 2018, so the team has until June 30 to launch their testnet.
Enigma is an off-blockchain network aiming to bring privacy and scalability to any blockchain, allowing for secure and decentralized data computation. Although Enigma isn’t a blockchain platform, Enigma can be used by any blockchain platform to crunch off-blockchain data on decentralized network nodes.
Enigma relies on the ENG token, which sits in the top 100 cryptocurrencies by market cap with a price of around $2 per coin and a total market cap of around $150 million.
Enigma’s mainnet is scheduled to launch in Q3 2018, which means we can expect to see the mainnet on or before September 30, 2018.
Theta Testnet: On Or Before June 30, 2018
Theta’s team has announced plans to launch their testnet before June 30, 2018 (Q2 2018). Theta is a decentralized video streaming platform that aims to solve problems in today’s video streaming ecosystem. One of Theta’s main goals is to eliminate content delivery networks (CDNs) used by platforms like Netflix and replace them with a decentralized streaming network.
Theta relies on the THETA token, which has a market cap of around $170 million and a price of around $0.25 per token, putting THETA in the top 90 cryptocurrencies by market cap.
Theta plans to launch the mainnet version of their platform before the end of 2018.
High-Performance Blockchain Mainnet: On Or Before June 30, 2018
High-Performance Blockchain, or HPB, is a new type of blockchain software and hardware architecture. The goal is to create a high-performance blockchain platform suitable for enterprise use and capable of scaling globally.
High Performance Blockchain’s tokens, HPB, have a market cap of around $100 million and a price of around 3.50 per token.
The HPB team has announced plans to launch their mainnet in June 2018. Expect to see HPB’s mainnet on or before June 30, 2018.
Credits Mainnet: On Or Before June 30, 2018
The Credits team has confirmed a mainnet launch for June 2018. Credits aims to create a secure, blockchain-based cryptocurrency that’s easy to transfer. The goal is to build a network capable of processing millions of transactions per second (!) with a transaction time of three seconds per transaction.
Like Ripple and other platforms, Credits is targeted at the financial industry. The team wants to build a cryptocurrency platform that costs 0.01% of existing payment networks.
The Credits platform uses CS tokens, which are priced at around $0.50 per token. CS has a market cap of $76 million, putting it within the top 180 cryptocurrencies by market cap.
OriginTrail Testnet: June 29, 2018
OriginTrail, not to be confused with the Oregon Trail, is a blockchain platform catered towards the supply chain industry. Like VeChain and other competitors, OriginTrail wants to boost efficiency along the supply chain, helping suppliers track inventory from the beginning of the chain to the end. Consumers at the end of the chain, meanwhile, can reference OriginTrail to verify data.
OriginTrail is being built to run on top of existing supply chain management systems, which is one reason why it could be particularly successful.
fThe OriginTrail network uses TRAC tokens, which have a market cap of $61 million and a current price of $0.21. TRAC currently sits around the #195 position in terms of overall cryptocurrency market cap.
The OriginTrail testnet is scheduled to launch on June 29, 2018.
TheKey Testnet: On Or Before June 30, 2018
TheKey is a blockchain platform for identity verification. The team is developing a decentralized ecosystem that uses big data and blockchain to optimize the identity verification process. TheKey uses smart contracts and national identity data registries. Data is verified using the blockchain, then encrypted for use within decentralized apps.
TheKey’s testnet is scheduled to launch before June 30, 2018. The platform uses THEKEY tokens, or TKY, which are priced at around $0.01 per token with a market cap of $70 million, placing TKY in the 150th position in terms of overall market cap.
Republic Protocol Testnet: June 30, 2018
Republic Protocol is a decentralized dark pool platform for atomic swaps. Using Republic Protocol, institutions and individuals can trade large volumes and values without divulging specific details.
Republic can distribute original orders into bits across the network. The two transacting parties can verify details of the transaction, but details are hidden to other network participants.
Republic Protocol relies on smart contracts and REN tokens. REN tokens are currently ranked in the #202 position on CoinMarketCap by total market cap with a price of 9 cents per coin and a market cap of $52 million.
Republic Protocol’s team has scheduled a testnet launch for June 30, 2018 and a mainnet launch for Q3 2018.
Dadi Mainnet: On Or Before June 30, 2018
DADI, or “Decentralized Architecture for Democratic Internet”, aims to provide decentralized computing power, data storage, and content delivery for businesses. The platform’s users can access interconnected systems that deliver data to their audience using hundreds of thousands of distributed nodes.
The goal, as you may have guessed from the name, is to create a decentralized architecture that fuels the democratic internet.
DADI uses DADI tokens, which are currently ranked around the #400 spot on CoinMarketCap with a market capitalization of $17 million and a price of $0.19.
Ultimately, these are just a few of the testnets and mainnets scheduled to launch in June 2018. Stay tuned for more information as major projects like VeChain and Ontology continue to build momentum.