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MINE Network (MNET) |
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Status
IDO
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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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.
MINE Network Roadmap
1
2020 Q4
- Project Establishment
2
2021 Q1
- Draft of Whitepaper
3
2021 Q2
- Official Whitepaper Release
4
2021 Q2
- Official Website Launch
5
2021 Q4
- Token Generation Event
6
2021 Q4
- BTC mining standardization and pBTCM Token Issuance
7
2021 Q4
- Liquidity Mining Program for pBTCM/USDT trading pair on Uniswap
8
2022 Q1
- ETH mining standardization and pETHM Token Issuance
9
2022 Q1
- Liquidity Mining Program for pETHM/USDT trading pair on Uniswap
10
2022 Q2
- Integrating pTokens into DeFi protocols on multi-chain
Token Sale Dates
IDO
Start date: Nov 25, 2021
End date: Nov 25, 2021
IDO
Start date: Nov 25, 2021
End date: Nov 25, 2021
Token Allocation
Presale Token Supply 270,000,000 MNET
Total Token Supply 1,000,000,000 MNET
Total Tokens for Sale 300,000,000 MNET
Funding Details
Funds Raised (as of now) 1,950,000 USD
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
Token Price and Payment Options
Token price USD 1 MNET = 0,01 USD
Accepted Currencies DAI
Project team
Andreas Aschenbrenner
Project Lead & Head of Communication
Michael Lee
Lead Developer
Vladan Falcic
Head of Marketing
Mahmoud El Hallab
Head of Operation
Zander Mai
Head of Content
David Lee
Senior Smart Contract Developer
Philippe Dee
Senior Blockchain Developer
Advisors
Nikita Vassev
Founder and CEO of TerraCrypto
Orion Depp
Managing Director at Master Ventures Polkadot VC Fund
Farrukh Shaikh
Co-founder & CFO of Gather Network
Pramod Mahadik
CEO & Founder of Polkarare
Ben Lakoff
Co-founder & Business Lead of Charged Particles
Anthony Blackburn
Chief Marketing Officer at VAIOT










3 Responses
You’ve got to be insane not to see the potential in this project. You would not want to ignore it now and regret later
A good project since it solve miner problem!
Exciting time to invest, in late December we shall see how it shakes out. Future is bright over here for all of us