MiningNetwork - a new and unique model in the gaming sector that will radically change the GameFee sector. This is a completely different tokenomics in the game, created from scratch.
Description of the MiningNetwork platform
MiningNetwork — a game on the WAX blockchain. It combines the FreeToPlay and PlayToEarn models. Each new user receives a free NFT to play and earn immediately after registering in the crypto game. Mining Networks — a game with a revolutionary economic model that has never been used in the blockchain. The fact is that the amount of extracted game resources is not equal to the amount of issued tokens. The number of game resources will increase as the number of players increases and their game assets improve.
The essence of Mining Networks - to get the maximum amount of game resources and exchange them for a game token at the best moment.
Other important details:
| 1 | To extract the game resource, players use homemade ASIC miners. Each miner consists of hardware (provided by the NFT card) and software. The player can improve the software during the game. |
| 2 | Promotions — a game resource. They are the result of computational operations, obtained using mining equipment (NFT). |
| 3 | Bitcake — an eos.io token that the player receives for their stake in the game. The exchange rate changes every second and is equal to the share between the game resource, offered for exchange, and the number of tokens, available in the tokenPool. The game algorithm is designed in such a way that the replenishment of tokenPool will decrease over time. |
When a user registers in the game, he receives a universal NFT (level 1) for free with an initial performance ASIC miner. Then he can start extracting the game resource, exchange it for game tokens and/or use it to improve his software. The generic NFT will have a maximum software level of 10.
More about defi app
Game assets — devices for mining cryptocurrency, produced by Yolo. Assets have different classes, they are divided by levels and rarity. The following levels of NFT will not have a maximum software level. The new level is presented and opened by the developers. The game has no restrictions on the maximum number of NFTs that can be used by one game account. Each new class will be sold as a microdrop. 24 hours after the sale, new assets will be available on the in-game market.