What is Mineral?
Mineral (MNR) is an innovative drive-in blockchain ecosystem that aims to eliminate the barriers to entry that are often associated with blockchain games, allowing players to acquire and store their crypto assets safely. Developed by a team of top developers, the ecosystem continues to grow as new games are developed and NFT products are created.
Mineral has created an ecosystem where players can engage with the blockchain without the time-consuming and often complicated processes that are usually required. The aim is to create a Dapp game that is accessible to regular gamers and that hides the blockchain component of the system. According to its whitepaper, Mineral converts players' gaming data into on-chain digital assets, allowing for player-to-player data transfers and item transfers across games.
The Mineral ecosystem aims to promote peer-to-peer asset trade and in-game bids through a specialized marketplace. The system allows users to exchange items they obtain through gaming and also promotes item-to-NFT conversions. The goal is to make the trade of such NFTs in Mineral's external NFT marketplace as simple as possible.
Players who register an in-game account in the Mineral network will have their wallet address generated automatically by the game. The entrusting feature of Mineral eliminates the need for participants to pre-own any crypto assets within the ecosystem. When exchanging items, players are only required to pay transaction costs, and Mineral's mission is to create high-quality games with engaging gameplay and fabulous visuals that transform blockchain gaming.
The primary currency in the Mineral ecosystem is MNR, which is a Klaytn blockchain-based KCT (K-Chain Token). Klaytn is a hybrid blockchain that combines the benefits of both public and private blockchains, and the KCT standard is based on the ERC-20 token standard developed by Ethereum. MNR tokens are utilized in several games, allowing players to exchange NFT objects. Players can obtain MNR tokens by playing Mineral games, winning items, and exchanging the items for MNR via item auctions or the Mineral NFT marketplace.
The Mineral ecosystem began its activities in 2019, with Skypeople as the team behind the creation of the ecosystem. The maximum supply of Mineral tokens is ten billion MNR coins. By offering a user-friendly, accessible, and secure blockchain gaming ecosystem, Mineral is working to make blockchain technology more approachable and mainstream.
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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