The incentivized testnet starts on July 31, 2023 and runs until September 11, 2023. At the end of that period, challenge submissions and results will be evaluated to determine reward amounts, denominated in ICX tokens

Approximately 850k ICX tokens are allocated to the incentivized testnet prize pool. The exact amount distributed depends on how many successful challenges are completed and participants verified. Any remaining token balance will be reallocated to the ICON Interoperability Incentive Fund and/or future testnet programs

Winners will be notified directly in the weeks following completion of the program with instructions for completing identity verification and claiming rewards. Token distribution will be contingent on successful completion of all relevant verification

Note: only one verified identity per participant. Rewards are paid on a basis of each individual party who has passed identity verification, not per submission.

All winners selected by the judges must pass a KYC check prior to receiving the challenge reward. The KYC forms will be distributed to the winners after selection using the contact info provided in the submission form

Tokens will be distributed to winners on October 23, 2023, after identities of winners have been verified

Ultimately, the ICON Foundation team reserves the right to maintain discretion in rewarding individuals as part of legal and compliance requirements