Blockchain is the future. It offers a decentralized system that bypasses the third parties we entrust our data to. The industry has seen many decentralized applications based on blockchain technology. The future of DAO is not hidden from anyone. Blockchain technology will allow businesses to run more smoothly, with transparency. The value of the project will reflect the true value of its users. This is what MetaMine is all about.
MINE is issued as the circulating currency for the MetaMine community. All proceeds from the sale of MINE tokens will be used for the community, and will be based on DAO voting by MINE holders. Based on the results of the vote, the funds could be used in any mining-related project that promotes the planet.
The Metamine Community and Its Role
MetaMine DAO is a voting system associated with the MetaMine Community, it defines how the Community elects Committee members and how proposals are voted on under Committee monitoring.
The Metamine community serves to revolutionize the crypto mining industry, making it greener and cleaner. Also to bring democracy into the organization, so that we are not afraid of being defeated by extreme powers.
What is MetaMine?
Combining our expertise in Token Economy, DAO Development, Crypto Mining and Global Policy, MetaMine introduces the world's first green mining community built on DAO mode. MetaMine adopted a voting committee to oversee the DAO voting process and monitor resolutions for rational implementation.”
METAMINE TOKEN
The MetaMine community will release the MINE token. The MINE token is the only token that can be used to pay for the Metaverse application. MINE tokens are also the only tokens that can vote for the community. Anyone participating in the MINE token pool will have the exclusive right to choose the direction of development of the Metaverse application.
FUND
METAMINE The MetaMine Fund was created so that the MetaMine Community can decide what to do with the revenue generated by MINE tokens. Funds will be one of the key factors to determine the direction of the project in the future. The fund will include unsold MINE tokens, all proceeds from the sale of MINE tokens and projects funded by the MetaMine Community.
USE OF FUND
The funds can be used for various projects that promote environmentally friendly business practices. This includes the use of funds to assist research on renewable energy, reforestation projects, energy efficiency facilitation, more environmentally friendly mining technologies and renewable energy hosting centers. MetaMiner must make a collective group vote to determine how the funds will be used.
METAMINE DAO
MetaMine DAO is a decision-making platform that allows the MetaMine Community to elect its top leaders and hold them accountable. It defines how leadership is gained and lost, as well as how to monetize democracy by voting on proposals made for the advancement of the MetaMine Platform.
The committee will be elected via a special smart contract (Committee Election Motion) which is automatically triggered by the blockchain. Anyone who wants to be a committee member can become a member, while anyone on the blockchain network can support a candidate for a committee member they want to see in that role.
Future Currency for the Metaverse
The ultimate goal of the project founders is to build a cross-chain circulation token that can be used as a currency across the metaverse. The token will be first launched to DEX on the Ethereum, BSC and HECO chains, as a decentralized cross-chain multi-exchange currency. In the early stages when the community is small, most of the funds raised will be used in crypto mining for community growth, with the help of the team's mining expertise.
Metamine Token
MINE tokens are equivalent tokens issued by the MetaMine Community. It is used as the circulating currency for the Metaverse application. And voting rights for the MeteMine Community.
This token allows every holder to participate in forging a democratic crypto mining community and can also be used as a universal currency in the Metaverse.
Mines can be used as a universal exchange to acquire other properties in the metaverse such as land, Avatar, Music, Gamefi, etc.
The concept of mining tokens is quite simple the longer the token mining is held by an individual, the greater the voting power in decision making.
Mining tokens are segmented into terms
Official Account: These are mining tokens which are held and distributed in a well defined manner
Total Tokens In circulation: These are tokens that are awarded and distributed but not from official accounts that have voting rights for decision making.
Committee Election Movement: This is a smart contract used to remove, replace or elect community members in the Metamine Community.
Token Distribution
A total of one billion Mines have been awarded for the implementation of this project.
The initial distribution will be:
- 10%: Funding Team. Tokens will be released linearly for 5 years
- 6%: Operations, marketing and PR. Tokens will be released linearly for 1 year.
- 20%: Personal Sales. Tokens will be released linearly for 1-4 years
- 0.5%: Pool Liquidity on DEX
- 63.5%: Official Account for future releases.
How does the DAO Committee function?
As stated earlier, it defines how the Community elects Committee members and how proposals are selected under the supervision of the Committee. It consists of at least 50 committee members known as blockchain addresses.
Insights into the MetaMine fund pool
The MetaMine Fund Pool is used to hold all tokens from MINE that are exchanged for DEX and CEX. MetaMine Fund Pool is the common name for the combination of funds in various official accounts.
MetaMine Benefits
- Metamine does not offer inflation; that is, there is no loss of currency value over time.
- Democratic decision making
- Green mining
- DEX Blockchain
- DAO governance
- Mining Skills and more.
Roadmap
For More Information:
Website: https://metamine.green/index.html
Whitepaper: https://metamine.green/index.html#
Telegram: https://t.me/MetaMineCommunity
Twitter: https://twitter.com/MetaMineToken
Instagram: https://www.instagram.com/MetaMineToken/
Youtube: https://www.youtube.com/channel/UCV6azbNglZ4Igje_h-M-zbw
Reddit: https://www.reddit.com/r/MetaMineToken/
Author : Homio
Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=2865336
My BEP20 Wallet : 0x3e9D0A5f1eA321a35AAec9629827123860d7Ea09