I just woke up and I’m seeing ppl talking about testnets going to make u a lot of money..
There's a reason why I don't usually participate in "testnets," except for projects like @SuccinctLabs, which are very gated and have way fewer users.
In short, if anyone ever ask I say don’t do testnets and focus on “yapping."
Why? Because most testnets simply don’t offer much value or rewards if at all.
And it makes sense, when they're free, projects are just way less likely to allocate significant rewards for "free" usage.
Plus, you're competing with hundreds of thousands to millions of "free" users.
The rewards are extremely diluted and there minuscule.
Yapping is a different story.
1. You're competing with far fewer users (typically around say 10,000 real competing yappers)
2. Although the rewards are usually smaller, they often go to the top 100-500 participants.
This means rewards are way less diluted and as long as you're ranked, you're already earning way more than most testnet users from farming testnets.
In short, it's way more lucrative and it always will be.
So if someone tells you, "Hey, all the x project testers we are going to make a how much how much," block those people..
I'm not saying it won't happen, but we all know this is just a dream. The guy is probably just engagement farming u and you know it.
Be realistic and not encourage these kind of stupid sht.