Announcing MINE NETWORK IDO on MoonStarter

A bit more about Mine Network

What they Do

  1. We help miners tokenize their hashrates for better Cash Flow Management.
  2. Help mining enthusiasts earn from mining activities without doing any mining themselves or owning mining facilities.
  3. Standardize and decentralize the mining ecosystem.

How they Do It

  • Delegate distinct mining power standards to different mining projects
  • Ease identification and tokenization of mining projects
  • Issue pTokens for every increase in mining power
  • Reward miners who buy and stake pTokens
  • Retail miners earn real time mining rewards by staking pTokens
  • Monitor pools output using Substrate’s OCW oracle function
  • Audit of pools breeds trust for all parties involved
  • Integrate pTokens into multi-chain DeFi protocols
  • Create sufficient liquidity for miners
  • Opportunity to create and vote for proposals
  • Opportunity to join DAO Governor Board
  • Rewards can be traded across DeFi exchanges for choice tokens.
  • Miners with sufficient Hashrate can apply to become Cooperation Mining Pool (CMP)
  • Participating in mining without owning mining equipment.
  • Create proposals
  • Mining even on a low budget.
  • Multiple streams of income as there are multiple hashrate tokens to invest in (one for each coin).
  • Ability to buy multiple hashrate tokens on the same platform.
  • Early membership in the world’s most unique mining network
  • Freedom to easily sell acquired tokens any time.
  • Opportunity to acquire tokens while they’re cheapest.
  • Opportunity to connect with other investors and miners through Mine Network’s communities.
  • Mine Network’s multi-chain protocol is infinitely scalable
  • pTokens and wTokens can be used on several DeFi protocols on multi-chains
  • MINE Network is able to standardize Hashrate tokens across different mining projects
  • Retail miners can instigate changes in the manner of governance
  • MINE Network is built with Polkadots’ substrate
  • Malleable ecosystem that allows transfer of pTokens across blockchains
  • MINE Network’s audit of pools shows how transparent it aims to be
  • Decentralized governance
  • Community-driven
  • Fluid governance system across the developmental stages of MINE
  • Autonomous
  • Deep engaging governance thanks to raised participation incentives
  • First and only multi-chain hashrate token protocol powered by Polkadot with infinite scalability and usability
  • First and only hashrate token protocol with multi mining projects compared to the industry standard of one
  • First and only hashrate protocol to act as a decentralized DAO

Token Metrics

  • Initial market cap excluding liquidity: $$218,500.00
  • IDO: $0.01: 25% at TGE, then 25% monthly unlocks
  • Seed Round: $0.006 Vesting: 3 months cliff, then monthly vesting of 10% (weekly distributions) for 10 months
  • Private Round: $0.008 Vesting: 1 month cliff , then monthly vesting of 12.5% (weekly distributions) for 8 months
  • Chain: Ethereum Chain
  • Date: 25 November 2021 at 3 PM UTC
  • Price per token: $0.01: 25% at TGE, then 25% monthly unlock
  • Total Allocation: TBD

From a MoonStarter point of view

  • Doxxed, active and complete team with reputable advisors
  • Company registered
  • Mine Network is for Yield farmers, Retail miners, Mining farms, NFT lovers, Polkadot enthusiasts
  • Cutting-edge features
  • Scalable and limitless mining protocol
  • Audited
  • standardized hashrate, and the only hashrate protocol with a known information transparency mechanism

About Mine Network

About MoonStarter

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