#Hashtags are often used to classify content on social media platforms such as Twitter and Instagram. The usage of #hashtags to collect and organize data is essential for online data management. A #hashtag is readily classifiable as a digital property that will stand the trial of time. It enables users to own a unit of virtual real estate whose value is determined by online activity. Using blockchain's capability to produce NFT/Non-Fungible Tokens to record unique #hashtag entries on the blockchain and to create NFT tokens as evidence of possession to users. This implies that once granted, #hashtags cannot be registered by other users.
#Hashtags function similarly to virtual assets that may be recorded and distributed as NFT tokens on the blockchain. On a regular basis, performance oracles would check the effectiveness of these #hashtags and transmit the information to a Hashtag Staking Smart Contract on the hosting blockchain. All holders of a #hashtag may then acquire their Tagcoins by utilizing the app functionality to publish their reclamation demand to the blockchain. We are transforming these #hashtags NFTs into such an energy-efficient performance-based Tagcoin mining machine by availing the most of these distinctive qualities. When the mining network receives the claim, this would mint new Tagcoins depending on the pending claim balance payable for certain #hashtags in its database and deliver them to the customer's wallet.