MineX Token & ValueUnderstanding Your Digital Assets

At MineX, we believe in transparency and real, tangible value. This page delves into the core of our ecosystem: our unique dual-token model, how tokens are generated and distributed, and the exciting ways you can use your mined $RWM.

Explore Our Token Economy

The MineX Dual-Token Economy: $RWM & $rRWA

MineX operates on an innovative dual-token system designed to provide both utility within our ecosystem and a solid foundation of real-world value.

💎 $RWM Token

This is the primary utility and governance token you'll earn through mobile mining. It powers your interactions within the MineX universe.

🏆 $rRWA Token

This is our Real-World Asset token. Each $rRWA token is designed to represent a tangible value, directly linked to the revenues generated from our partnered gold (and supplementary coal) mining operations.

These two tokens work in synergy: $RWM provides access and utility, while $rRWA ensures the underlying value is always connected to real-world productivity.

Dual-Token System - Interconnected digital assets visualization

$RWM Dashboard - Governance, staking, and marketplace features

$RWM - Your Key to the MineX Universe

The $RWM token is central to your MineX experience. Here's how you get it and what you can do with it:

📱 How to Acquire $RWM:

The primary way to obtain $RWM is through our user-friendly mobile mining application. You can also boost your mining through referrals, completing quests, and other in-app activities.

🔧 $RWM Utilities:

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Governance: Use your $RWM to participate in DAO voting, having a say in key project decisions.

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In-App Payments: Spend $RWM for upgrading your virtual mining planet, PVP competitions, and NFT marketplace.

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Staking for Rewards: Stake your $RWM tokens to earn dividends in the form of $rRWA tokens.

$rRWA - The Foundation of Real Value

The $rRWA token underpins the real-world value proposition of MineX.

⚙️ Issuance Mechanism:

$rRWA tokens are issued based on the audited value of revenue or inventory from our partnered gold and supplementary coal mining operations. For instance, $1 of reported net profit or verified asset value can lead to the issuance of 1 $rRWA.

🏦 100% Asset-Backed:

Every $rRWA token issued is backed by corresponding real-world assets or the cash flow generated from them, ensuring tangible value.

📊 Distribution:

$rRWA tokens are primarily distributed as dividends to users who stake their $RWM tokens. A portion may also be held by the protocol to support ecosystem stability.

Asset-Backed Vault - Real gold mining revenue backing

Digital-to-Real Bridge - Dynamic peg mechanism

The Gold Peg - Connecting Digital to Real

A core feature of MineX is that the tokens you mine are pegged to the value of gold produced from our affiliated gold mines.

The MineX ecosystem value, represented by $RWM, is dynamically linked to the real-world asset value held in $rRWA tokens through a variable peg mechanism.

🔗 Dynamic Peg System: This system considers the total $rRWA assets in the vault relative to the circulating supply of $RWM, aiming to create a balanced and stable valuation that reflects real asset growth.

Token Generation Event (TGE) & Supply Dynamics

The Token Generation Event (TGE) is a crucial milestone for MineX.

🚀 Pre-TGE Phase:

During this initial phase, users can freely mine (mint) $RWM tokens without limitation, encouraging early adoption and community building.

🎯 At TGE:

The total supply of $RWM tokens will be definitively set. This cap is determined based on the total amount of $RWM mined by the community before the TGE; for instance, the community-mined amount could represent 50% of the final total supply.

📉 Post-TGE Phase:

To ensure long-term value and scarcity, a mining halving mechanism will be implemented, reducing the rate of new $RWM generation every two years.

TGE Timeline - Supply cap and halving mechanism

Fair & Transparent Token Distribution

Distribution Chart - Fair allocation across stakeholders

MineX is committed to a fair and transparent token distribution model, designed to support long-term growth and community engagement. The total $RWM supply, determined at TGE, will be allocated as follows:

👥 Miner Rewards (Community) 50%

👨‍💻 Team Allocation 20%

🏛️ Ecosystem & DAO Treasury 15%

📢 Marketing & Partnerships 10%

🛡️ Reserve/Contingency Fund 5%

🔒 Team Vesting: Team allocation is subject to a 24-month linear vesting schedule to align long-term interests.

Putting Your $RWM Tokens to Work - The MineX Ecosystem

Your hard-earned $RWM tokens are valuable assets with diverse uses within the vibrant MineX ecosystem:

🌍 Planet Upgrades

Customize your personal in-app mining "planet" or gold mine by changing themes, expanding its size, or acquiring special resources to boost your mining capabilities.

⚔️ PVP / Competitive Play

Engage in exciting Player vs. Player challenges and competitions. Use $RWM to purchase in-game items like shields and boosters to gain an edge.

🎨 NFT Marketplace

Buy, sell, and trade unique Non-Fungible Tokens (NFTs) such as special planets, rare spaceships, or unique mining equipment, adding another layer of value and collectibility.

🗳️ DAO Governance

Actively participate in the future of MineX. Use your $RWM tokens to acquire voting rights on key proposals, including feature additions, operational changes, and fund allocations.

Ecosystem Features - Multiple $RWM utilities

Real Value, Real Potential

The MineX token model is meticulously designed to reward participation, ensure sustainable growth, and provide real, asset-backed value.

By understanding how $RWM and $rRWA work together, you can fully appreciate the potential of your mining efforts and your role in our decentralized ecosystem.

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