Multi-Chain Hashrate Protocol MINE Network Announces Successful Funding Round of $2M -Breaking
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MINE Network is the premier multi-chain hashrate to token protocol. It has announced it attracted some of the most prominent names in crypto and has made strategic investments in its recent funding round. This round included major venture capital investors such as Exnetwork Capital. CSP DAO. STC Capital. Oracles Investment Group. MoonBoots. Leos Ventures. Global Key Investment. Aza Groups supported the initiative with cardinal partners Skyrim Finance. Kylin Network. Charged Particles. FOMO Chronicles.
MINE Network has successfully secured $2M from the funding round and is ready to fuel its mission to revolutionize the mining sector as it aims to proffer solutions to the industry’s most scaling issues affecting the operations of miners.
MINE Network is a brand new blockchain project that is committed to restructuring and modernizing the mining sector. The multi-chain token protocol for hashrate has seen a future in which the mining industry would be more efficient, profitable and have less time-consuming procedures. MINE Network is a new definition of crypto mining. It aims to create a gamified metaverse that ensures sustainability.
Bridging The Gap between Traditional Mining and GameFi Sector
MINE Network, a crypto-mining network with unique value propositions is entering the market. The decentralized token project is building a cross-chain mining protocol and creating the industry’s first mining game with real mining rewards as its base and a sustainable in-game ecosystem. Its primary goal is to create an immersive economy for miners, game enthusiasts and everyone else in the world that bridges the gap between GameFi and traditional mining. MINE Network offers miners the possibility to explore their mines in a game-based virtual environment. All in-game rewards are based on the protocol’s hashrate pool.
The pool is constantly growing with new players. Over 10% of the tokens that are mined during the game return to the hashrate pool for more power. This cycle also increases in-game rewards and makes the game sustainable. This unique structure and game idea allows the MINE Network team to create a sustainable game economy. It also solves inflationary problems in GameFi projects.
MINE Network will adopt this initiative in order to transform conventional mining into an ecosystem that allows miners to explore and access a vast array of opportunities.
A Growing Gaming Ecosystem
MINE Network has raised a successful round of funding. Now, the network is looking to expand its ecosystem and become a blockchain-based metaverse. The project is creating its own metaverse called ‘MINEverse’. MINEverse is a secondary miners liquidity platform on MINE Network. MINEverse brings together the most thrilling aspects of crypto mining to create a solid, multi-faceted gaming environment. This is an NFT-driven and play-to-earn gaming platform that offers and manages incentives to players.
MINEverse serves as an interactive and growing virtual environment where NFT creators and crypto miners can explore the possibilities of virtual worlds and stretch their imaginations.
MINE Network’s gaming metaverse will birth a new concept and change the way miners and game lovers experience the digital asset economy.
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