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Welcome to matsnet Alpha

Introducing matsnet Alpha—Mezo’s foundational testnet that unlocks new utility for mats. Earned mats can now be converted directly into matsnet Bitcoin and more.

Vaish Puri, Joey Campbell

19 Nov 2024 • 3 min read

Everything you know about mats is about to change.

Introducing matsnet Alpha—Mezo’s foundational testnet that unlocks new utility for mats. Earned mats can now be converted directly into matsnet Bitcoin and more.

More Than a Testnet

Until now, mats lived solely in the Mezo social sphere. matsnet Alpha introduces usecase and mimics a mainnet environment. Whether earned through clever memes, thoughtful contributions, active Discord participation, or direct deposits on Mezo, your mats have been building towards an exciting new use case that unlocks greater utility. Enter matsnet BTC—Mezo’s testnet version of Bitcoin that works exactly like real BTC, marking the beginning of the BitcoinFi ecosystem on Mezo.

Consider this reward loop: Expand your mats holdings by creating memes in the Discord-native mats Meme Market and trading them, then convert your mats into matsnet BTC.

The mats Meme Market is the launch pad for mats accumulation, while matsnet Alpha lets you spend earned mats to stack sats.

As the ecosystem grows, you'll tap into community hackathons, rank up on the “Stack Rank” matsnet leaderboard, and access the latest dapps – all fueled by matsnet BTC.

How matsnet Alpha Actually Works

The system is built for simplicity; spending your earned mats to stack sats is a straightforward process:

Go to mezo.org/matsnet
Log in to your Mezo account
Click "Stack matsnet BTC"
Choose how many mats to convert
Confirm the transaction

That's all it takes. Mats become matsnet BTC instantly and you can pay for transactions and start stacking sats.

Bridging Your mats to matsnet Alpha

Getting your Discord mats ready for matsnet alpha is straightforward. For most community members who already have both Discord mats and a Mezo ID, a simple Discord command moves your mats directly to the portal, ready for conversion to matsnet BTC.

Don’t have a Mezo ID but holding Discord mats? Start by creating your Mezo account to receive your ID, then use the Discord command to transfer your holdings.

If you're starting fresh with a Mezo ID but no mats, you have two options.

Engage with the Discord community to earn and receive mats, which you can transfer using your Mezo ID.
Deposit BTC, tBTC, WBTC, and 10+ other assets, including stablecoins, through our portal to receive mats directly.

Either way, your mats will be ready to convert to matsnet BTC as soon as they reach your portal balance.

Your Achievements, Made Real

As you use matsnet alpha, the new “Stack rank” leaderboard will track your mastery across each dimension of the Mezo ecosystem.

From use in the meme market to other onchain activity, every badge represents your contributions, skills mastered, and progress earned on your path from community member to BitcoinFi pioneer.

Stay active and share your badge progress with the community!