Mimir

Mimir

MIMIR
$0.00161604%1.69

Key Metrics

Price$0.00161604
Real Volume (24H)$13,251.36
MarketcapN/A
Fully Diluted Valuation$161,206
ATH$2.43
ATH Date11/6/2021, 10:22:03 AM
ATL$0.00136624
ATL Date12/21/2022, 3:24:38 PM
Circulating SupplyN/A
Total Supply100M
WebsiteN/A
WhitepaperN/A
Popularity RankN/A
Chart
What is Mimir?

Mimir Quiz (MIMIR) is a blockchain-based quiz trivia game that aims to be the first of its kind. Unlike other trivia games, Mimir Quiz pays users for their playtime. The platform allows users to participate in the quiz, join the network, and earn crypto rewards for their playtime and performance. Moreover, the platform enables users to stake the Mimir Quiz’s native digital asset for entering into one-on-one trivia battles and tournaments.

Mimir Quiz offers a staking program that allows players to lock their native crypto holdings monthly and earn yield in return. Additionally, users can pay crypto as entry fees for tournaments or participating in other events, which are transferred to the game’s reward pool. The Reward Pool is divided between the Mimir Staking Pool (75%) and the Mimir Prize Pool (25%), according to the platform.

MIMIR is the native cryptocurrency of the Mimir Quiz trivia game. The token is built on Ethereum’s ERC-20 architecture and deployed on the Polygon network. Mimir Quiz utilizes MIMIR tokens to reward players for playing in live tournaments and one-on-one battles. The platform aims to disburse a 0.3% yield as staking rewards for users who stake MIMIR tokens for 18 months.

The platform states that MIMIR is an essential part of the ecosystem and aims to function as a governance token. MIMIR holders can vote on crucial decisions related to new games, business strategies, additional functions, etc. Users can acquire MIMIR to partake in the ecosystem via the Mimir native DApp and transfers from existing holders or by claiming rewards.

Mimir Quiz was first conceptualized in April 2021, and it was launched in November 2021. Viktor Södermark, the CEO of Mimir Quiz, founded the platform in July 2021. Södermark is also the founder of GreatSeed Sweden and health drink brands like CHIA Humara and ESSE Drinks. Apart from Södermark, the platform is headed by COO Lukas Johanson. The MIMIR token was launched on November 6, 2021, with a maximum total supply of one billion tokens.

Mimir Quiz is a unique platform that rewards users for their playtime and performance. The staking program and governance token functionality make it stand out from other trivia games. MIMIR's deployment on the Polygon network ensures fast and low-cost transactions, making it accessible to a broader audience. The platform's future looks promising, and users can expect to earn more crypto rewards as the ecosystem grows.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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