βοΈDEFI Mining
DEFI Mining is a decentralized mining simulation in which YOU can mine, trade mining components or electricity. Sell the fruit of your productions or reinvest them in the ever-growing eco-system!
Last updated
DEFI Mining is a decentralized mining simulation in which YOU can mine, trade mining components or electricity. Sell the fruit of your productions or reinvest them in the ever-growing eco-system!
Last updated
Find your Business and be an actor of the creation of an eco-system that rewards it's participants to the height of their stake. Miners require energy providers and components to maintain their activity, which path will you choose? Are you after the unique resource that is DMT or are you enabling mining activity through support of your own growing Business?
Will you be a power plant? A repair shop? On all fronts?
Build the eco-system by building yours!
DeFi Mining NFTs and Tokens can be acquired through daily claims, simulating BTC and ETH's systems with halvings and on a metric system more similar to that of BTC, with our own dilution so to speak. Claims insure your reward in tokens for your stake and participation. The more Tokens that exist, the more difficult they are to mine. Combined with a generational demand curve for minting costs, this creates market-driven scarcity.
DEFI Mining NFTs are issued on WAX blockchain, and are used to designate a claim of ownership of a certain asset. Each DEFI Mining NFT is tied to some unique data, typically a digital content file of some kind (or reference thereto) and governed by a βsmart contract.β
The process of converting a media file into a non-fungible token is referred to as βmintingβ an NFT, and, just like cryptocurrency, the NFTs are written on the Wax blockchain database.
NFTs can be owned by a specific person independent of a centralized intermediary, and this unlocks exciting opportunities for digital commerce and engagement.
NFTs represent a different type of liquidity on-chain, they can give access to certain applications, or can be "simply" a sought after asset representing a Community.
DeFi Mining NFTs let you stake them for a specific token reward depending on the type of NFTs. Different rewards for different kinds a of staking options may be available for those same NFTs giving them multiple use cases on top of the long term mining use.
Nothing in this whitepaper should be construed as financial advice. While we're actively evolving the content here, we welcome feedback and suggestions at whitepaper at michetmineshard@gmail.com Consider the fundamentals of this project Non-Fungible. Some "orientations changes" may insue for the betterment of the project; but nothing regarding the base functions of your NFTs will be altered in a way that changes the core of the project to any holder/user.