pToken and wToken Issuance
Retail miners could buy the pTokens and stake them to earn mining rewards. Once the pTokens are staked, the retail miners will get transferable synthetics wTokens.
Standardized Mining Pools
The mining power of standardization mining pools will be added through self-building, and by the contribution from other mining pools which switch their mining power into MINE Network.
pTokens Staking Module
Retail miners have to deposit the purchased pTokens in the Staking Module to earn mining rewards, which will be distributed daily in each cycle through the MINE Network interface.
Multi-chain DeFi Integration
The community could use the MINE Network Bridge product to transfer pTokens from Polkadot to other blockchains like Ethereum, Solana and Binance Smart Chain, in order to trade or lend.
Mining Rewards Oracle
MINE Network implements Substrate’s OCW function to build a Mining Rewards Oracle, which will be used to upload the offchain expenses and on-chain outputs of each standardization mining pool.
The first cross-chain protocol to standardize mining power and the issuance of standard hashrate tokens for more than a dozen mining projects such as BTC, ETH, LTC, FIL, etc.
Powered by Polkadot
The first protocol to encourage miners to use their pTokens in different DeFi protocols on multi-chains. Other projects only encourage miners to stake their hashrate tokens to earn mining rewards, which constrains the liquidity of hashrate tokens to a great extent.
The first totally limitless and scalable hashrate mining protocol. Any mining pools outside the MINE Network could freely enter or exit the standardized mining pools on the MINE Network after mining power standardization.
The first protocol will leverage Polkadot's OCW off-chain mechanism to monitor the output of each mining pool, to ensure openness and transparency for retail miners.
MINE tokens will be used as a pledge for the mining pools that want to join in MINE Network’s standardization mining pools.
The retail miners that have staked a certain amount of MINE tokens have the preemptive right to purchase the first sale of pTokens.
The market makers providing liquidity for pTokens and MINE tokens on DEX will be rewarded with MINE tokens.
A certain percentage of transaction fees are burned in the form of MINE tokens. It will control the circulating supply in the market.
Governance and Voting
MINE tokens holders can create and vote for proposals. The project will be governed by community and for community.
Project Lead & Head of Communication
Andreas has been involved in several projects since 2016, taking them to another level. He joined MINE Network to make it a success with an international communication mentality. His ingenuity and thirst for knowledge are indomitable, with which he focuses on making the world more decentralized and communicating the value of new technologies like MINE Network through his impressive work ethic.
Michael is a full-stack developer with more than 10 years of experience in management and both software and blockchain development. Companies such as Credit Suisse and Wecash are among his credentials and DeFi and cross-chain technologies are his great passions.
Head of Marketing
Vladan is a Blockchain and crypto enthusiast, he entered the crypto space back in 2014 and was mostly involved in early stage projects. In 2016, he started working with different projects, improving their marketing and establishing valuable partnerships. Vladan is working with several startup projects, advising them, improving their marketing and building the community. He joined MINE Network as head of marketing and will help to ensure the further growth of the project.
Mahmoud El Hallab
Head of Operation
Driven operation manager with experience in community building and program planning with background in communication and marketing. Energetic, results-oriented proactive professional with extensive knowledge and expertise in community building with passion for blockchain technology.
Head of Content
Zander is a technical and creative content writer with an eclectic background in creative strategizing, brand marketing, and community management. His constant pursuit for progress and enthusiastic love for all things blockchain-related has translated passion into profession. He is adept in Operational Management, High-level Sales, Creative Marketing, Strategizing, and Content Creation and has contributed in various roles for a wealth of successful emerging crypto and traditional startups.
Senior Blockchain Developer
Phil is an IT professional with a unique combination of technical consulting, and management skills. He’s participated as an individual contributor, consultant, architect and manager on numerous projects of different sizes – from one-person shows to projects involving larger teams spanning globally. Phil is mostly focusing on Ethereum DeFi protocols.
Senior Smart Contract Developer
David is a hard core technologist with balanced perspectives to Blockchain, decentralized applications and finance that create value. He has gained substantial hands-on experience in leading cryptocurrency projects and technology start-ups as a developer, lead and consultant. He appreciates the importance of quality code as well as the need to meet scheduling demands.
Founder and CEO of TerraCrypto
Nikita Vassev is an entrepreneur, investor, producer of digital and blockchain projects, speaker at international conferences and forums. Founder of the 13Exchange p2p platform aggregator, the Six Touches Agency digital agency and the largest specialized project TerraCrypto, which unites miners and community traders from all over the world. TerraCrypto held events in Germany, Russia and the CIS countries, the team is well acquainted with different mining markets and its features. The project partners were F2Pool, Avalon, BITMAIN, Binance Pool, EMCD, MSK miner and many key market players.
Managing Director at Master Ventures Polkadot VC Fund
Orion started his career as an Apple dev. intern at 17. He then founded a Fintech VC firm with 10+ exits including one to Amazon.com. He then served as a small-cap tech equity analyst for a L.A.-based $1 billion hedge fund and, after that, as a sell-side crypto research analyst covering altcoins including Binance (BNB) and Huobi. In 2018 he helped perform the largest ICO in South America. Orion is a 40 under 40 award recipient and holds an MBA in Investment Mgmt. from the University of Southern California (USC) and has also studied at the Massachusetts Institute of Technology (MIT), UCSD, and LSE. He has lived and worked in 4 continents and speaks English, Spanish, Portuguese, and light Russian.
Co-founder & CFO of Gather Network
Farrukh is a seasoned investment and financial professional who previously worked for both KPMG and Grant & Thornton. During his corporate career Farrukh was involved with audit and advisory for the middle eastern region’s largest players. He later left his corporate career to join the evolving world of cryptocurrency. He is a derivatives trader and an active investor in the crypto space.
CEO & Founder of Polkarare
Pramod aims to build Web3 economy for unique and scarce digital assets supported on Polkadot, Polygon, Ethereum, and Binance Smart Chain. He is the CEO and founder of Polkarare. Besides, he is an expert in the NFT ecosystem with seasoned experience.
Co-founder & Business Lead of Charged Particles
Ben has developed a strong global finance experience from nearly a decade of international assignments across 4 continents, and boasts a broad & diverse finance background before joining the blockchain space full-time in 2017. Now, working primarily with early-stage startups, Ben has been an integral part of teams that have raised over $15M in funding.
Chief Marketing Officer at VAIOT
Anthony is the CMO at VAIOT. Experienced Marketing expert with demonstrated success working with major CPG and Automotive Brands. Skilled in Project Management, Communication, Event Management, Team Building, and Marketing Management. Humber College graduate and former English tutor and Kickboxing Instructor.
Draft of Whitepaper
Official Whitepaper Release
Official Website Launch
Token Generation Event
BTC mining standardization and pBTCM Token Issuance
Liquidity Mining Program for pBTCM/USDT trading pair on Uniswap
ETH mining standardization and pETHM Token Issuance
Liquidity Mining Program for pETHM/USDT trading pair on Uniswap
Integrating pTokens into DeFi protocols on multi-chain