• TEXT= DATE: 08.12.2025 Bitcoin MENA | 8-9 Dec 2025 | Abu Dhabi
  • TIMER= 08.12.2025
  • BUTTON= DISCOVER MORE
  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
  • ethereumEthereum (ETH) $ 2,365.53 1.12%
  • tetherTether (USDT) $ 1.00 0.2%
  • bnbBNB (BNB) $ 302.66 0.19%
  • solanaSolana (SOL) $ 95.44 1.28%
  • xrpXRP (XRP) $ 0.501444 0.1%
  • usd-coinUSDC (USDC) $ 0.996294 0.34%
  • staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
  • cardanoCardano (ADA) $ 0.481226 2.68%
  • avalanche-2Avalanche (AVAX) $ 34.37 1.19%
  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
    ethereumEthereum (ETH) $ 2,365.53 1.12%
    tetherTether (USDT) $ 1.00 0.2%
    bnbBNB (BNB) $ 302.66 0.19%
    solanaSolana (SOL) $ 95.44 1.28%
    xrpXRP (XRP) $ 0.501444 0.1%
    usd-coinUSDC (USDC) $ 0.996294 0.34%
    staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
    cardanoCardano (ADA) $ 0.481226 2.68%
    avalanche-2Avalanche (AVAX) $ 34.37 1.19%
image-alt-1BTC Dominance: 58.93%
image-alt-2 ETH Dominance: 12.89%
image-alt-3 BTC/ETH Ratio: 26.62%
image-alt-4 Total Market Cap 24h: $2.51T
image-alt-5Volume 24h: $144.96B
image-alt-6 ETH Gas Price: 5.1 Gwei
 

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Kraken Ink mascot naming contest

Kraken Ink mascot naming contest offers crypto rewards and boosts community engagement

https://icn.live/wp-content/uploads/2025/07/Kraken-Ink-mascot-naming-contest.mp3
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ICN

Kraken Ink mascot naming contest is stirring excitement across the crypto community with playful innovation.

Crypto exchange Kraken has introduced a unique challenge: help name its new mascot for the Ethereum Layer 2 network, Ink. The community is invited to take part in this creative endeavor, with rewards at stake.

Kraken is collaborating with Jokerace, a blockchain-based contests platform, to host the event. The quirky purple, spiky character represents the Optimism-based chain that Kraken is developing. The initiative opens a direct gateway for user interaction and imaginative input.

The Kraken Ink mascot naming contest invites users to propose and vote on potential names. This is being done using Jokerace’s no-code, onchain voting system. The platform runs contests across more than 90 EVM-compatible blockchains. It offers a sybil-resistant structure, ensuring fair results through pay-per-vote mechanics.

Jokerace brings fresh life to crypto contests

Jokerace was founded in 2022 and quickly gained traction with Polygon, Farcaster, and The Block. It allows both submitters and voters to earn crypto through its contests. Users get rewarded for shaping outcomes, creating what founders call a “persuasion market.”

Participants in Kraken’s contest will enter this system to help name the Ink mascot. As Kraken increases community outreach, it leverages Jokerace’s strengths to build hype and engagement.

Voting and submitting entries is more than fun—it’s also financially rewarding. This dual engagement model encourages authentic participation from real users, rather than bots or spammers.

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Kraken Ink mascot naming contest fuels ecosystem growth

This fun naming event isn’t just about branding. It ties into broader goals for Ink’s ecosystem development. Kraken’s Layer 2 network Ink uses the OP Stack and plans to launch its own INK token in 2025.

The Ink Foundation will handle token distribution and ecosystem incentives. The upcoming INK token has a capped supply of 1 billion, aiming to drive liquidity and growth across the network.

Events like the Kraken Ink mascot naming contest set the tone for what Kraken aims to build—interactive, community-driven crypto experiences. This move reflects a growing trend in the Web3 space to reward users not just for usage, but also for creativity and participation.

By combining humor, storytelling, and blockchain incentives, Kraken is creating a fun and engaging ecosystem that stands out from more traditional crypto platforms.

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What is the Kraken Ink mascot naming contest?

The Kraken Ink mascot naming contest is an initiative by crypto exchange Kraken to engage users in naming the mascot for its Ethereum Layer 2 network, Ink. Kraken is partnering with Jokerace to host this onchain contest, where participants can submit name suggestions and vote on their favorites. Both submitting a winning entry and voting can result in crypto rewards. The contest is designed to generate excitement and interaction within the Web3 community and is part of Kraken’s larger effort to promote its Ink network.

How does Jokerace work in the Kraken contest?

Jokerace is a blockchain-based contest platform that enables onchain voting and submissions. It supports over 90 EVM-compatible blockchains and uses sybil-resistant, pay-per-vote mechanisms to ensure fair outcomes. In the Kraken Ink mascot contest, Jokerace allows users to propose names and vote on the best ones. The platform rewards both voters and content creators, incentivizing broad participation. It also supports onchain triggers, meaning contest outcomes can directly impact smart contracts or governance processes.

What is the purpose of Kraken’s Ink Layer 2 network?

Ink is a Layer 2 network built by Kraken using the OP Stack technology. It is designed to scale Ethereum-based applications and offer faster, more efficient blockchain interactions. The Ink Foundation will govern its development and release a native INK token in 2025. The token will be used to incentivize ecosystem activity, with a capped total supply of 1 billion tokens. The mascot contest is a fun, engaging step toward building awareness and community support for the Ink project.

Why is Kraken using a mascot contest to promote Ink?

Kraken is using the mascot contest as a strategic way to build community engagement and awareness around its new Ink network. By involving users in the branding process, Kraken taps into collective creativity and creates buzz in the crypto space. It reflects a broader shift in the industry toward gamified, user-driven experiences. This not only strengthens brand identity but also fosters a sense of ownership and involvement among early supporters of the Ink ecosystem.

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