WebsiteThorstarter Launchpad Moonstarter Launchpad

MINE Network (MNET)

IDO

Last updated: Dec 27, 2021

MINE Network is the first decentralized standard hashrate token protocol that solves the liquidity problem of miners on multi-chains, including but not limited to: Bitcoin, Litecoin, and Ethereum.

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Overview

Project industry	Mining
Product type	Protocol
Whitepaper	Open
Onepager	Open

Bounty program

What is MINE Network

MINE Network will standardize the mining power from different mining pools for different mining projects and issue hashrate tokens. Every hashrate token is a synthetic token that represents the mining power of a unique mining blockchain and is also collateralized by standardized mining power.

MINE Network will also use Substrate’s OCW off-chain oracle workers to monitor the on-chain revenue data of different mining projects in real-time and upload revenue information to ensure that the data is open and transparent for miners.

Details

IDO (Thorstarter Launchpad): Nov 25, 2021 - Nov 25, 2021
IDO (Moonstarter Launchpad): Nov 25, 2021 - Nov 25, 2021
Pre-sale token supply: 270,000,000 MNET
Token supply: 1,000,000,000 MNET
Total tokens for sale: 300,000,000 MNET
Raised: 1,950,000 USD

Legal

Blockchain Platform: Ethereum
Registration country: Philippines
Registration year: 2020

Token info

Ticker: MNET
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 MNET = 0,01 USD
Accepted currencies: DAI
Token distribution:
11% - Team
3% - Advisor
10,5% - Seed Sale
16.5% - Private Sale
3% - Public Sale
15% - Parachane Bonding
20,5% - Marketing and Liquidity Fund
20,5% - Operational Reserve