Forge Token - A proof of work token that rewards slower hashrate! Secured by EVM

VectorSpaceMan

newbie

Activity: 4

Merit: 0

Quote from: Grumo on February 03, 2022, 10:20:35 AM

Quote from: VectorSpaceMan on February 03, 2022, 12:41:23 AM

Viva La Mineables

https://polygonscan.com/token/0xc64381719049F6f9D7034587aB6dfB7bff4Fbc52
0xc64381719049F6f9D7034587aB6dfB7bff4Fbc52
Forge Token & Mining

https://polygonscan.com/address/0x5A9C4939deDCb7e8def64447C1CA01a55830eFE5
0x5A9C4939deDCb7e8def64447C1CA01a55830eFE5
Forge Auctions

https://polygonscan.com/address/0x61bAF3Ae1E4Bd32e851F38A2D063767790783e3b
0x61bAF3Ae1E4Bd32e851F38A2D063767790783e3b
Forge Staking

It is now the five time that token relaunch

It often takes a few launches to be perfect. We have repaid any losses due to using the First contract. We are 100% decentralized and trustless, the paybacks happened out of pocket and we never sacrificed 100% decentralization on chain.

Our token is fully launched and working great now

Grumo

member

Activity: 430

Merit: 22

Professional user

Quote from: VectorSpaceMan on February 03, 2022, 12:41:23 AM

Viva La Mineables

https://polygonscan.com/token/0xc64381719049F6f9D7034587aB6dfB7bff4Fbc52
0xc64381719049F6f9D7034587aB6dfB7bff4Fbc52
Forge Token & Mining

https://polygonscan.com/address/0x5A9C4939deDCb7e8def64447C1CA01a55830eFE5
0x5A9C4939deDCb7e8def64447C1CA01a55830eFE5
Forge Auctions

https://polygonscan.com/address/0x61bAF3Ae1E4Bd32e851F38A2D063767790783e3b
0x61bAF3Ae1E4Bd32e851F38A2D063767790783e3b
Forge Staking

It is now the five time that token relaunch

VectorSpaceMan

newbie

Activity: 4

Merit: 0

Forge Token - https://forgetoken.org/

White Paper
What is Forge?
Forge is the first tokenized contract on the Polygon blockchain to be one hundred percent community owned, decentralized, fair, trustless, and ownerless. Forge uses a POW system that distributes rewards, and enables our new auctioning feature.
0% dev fee, 0% premine! 100% distributed by decentralized contracts!
Forge Auctions

25% of the Forge Token Supply is distributed by the Auctions contract.
The speed which blocks are mined by Proof-of-Work miners will determine the auction length, fast miners = short auctions. Averages to 72 hour auctions.
Each auction will sell 8,192 Forge Tokens split to all bidders evenly depending on how much 0xBitcoin they bid for the auction.
Your 0xBTC Deposited into Auction / Total 0xBTC for Auction * 8,192 = Your Forge Tokens you will Recieve.
100% Fair based on amount of 0xBitcoin spent at that auction.
All tracked and stored decentrally and trustlessly!

Liquidity Mining

25% of the Forge Token Supply is distributed by the Liquidity Provider Staking Contract
The speed at which Stakers are rewarded will be deteremined by Proof-of-Work miners. Fast miners = more rewards, slow miners = less rewards.
The rewards are split fairly and disitributed over a period of time to all Stakers.
We are staking Forge/0xBitcoin Liquidiy Pool tokens.
This will 100% fairly and 100% dece
ntrally distribute tokens to our Liquidity Providers, helping defeat Impermant Loss often associated with it.

POW Mining

50% of the Forge Token Supply is distributed to Proof-of-Work Miners. They solve a complicated hash that rewards them with 100 Forge tokens if solved after 48 minutes.
Which generatres a new complicated hash for the next miner to solve. All 100% done on chain and 100% trustlessly and 100% without an owner of the contract
Along with the Forge Tokens, miners will also recieve 0.10$ in 0xBitcoin for every solve(0.033 0xBitcoin) if available.
Miners make 3-5$ a day in 0xBTC profit along with their Forge Tokens daily, helping elivate transaction costs, electral costs, and even hardware costs!
Ensuring the token is always mined!

Why should I mine for Forge?

Along with the Forge Tokens and the 0xBitcoin Tokens, miners will have the ability to mine up to 5 other Cryptocurrencies!
Any ERC20 sent to the Forge Contract will become instantly mineable! With most of the supply being distributed over 1 year.
This allows any token to become mineable, without having to run their own proof-of-work system.
Our system allows for basically any token to be mined, since miners pay nothing!
We expect to see Fractionalized NFTs avaialble for mining

Tokenomics

50% of the 0xBTC raised from the Auctions contract goes directly to Miners via Proof-of-Work
Miners recieve 1/10000th of the contracts 0xBitcoin per mint
25% of the 0xBTC raised from the Auctions contract goes back to Liquidiy Providers via the Staking Contract!
25% of the 0xBTC raised goes to fund Cross Chain Challenges so we can dual mine 0xBitcoin Contract and our contract
No dev fee or any sort of fee is taken. All Cryptocurrencies are distributed 100% to the Forge community.

Viva La Mineables

https://polygonscan.com/token/0xF44fB43066F7ECC91058E3A614Fb8A15A2735276
0xF44fB43066F7ECC91058E3A614Fb8A15A2735276
Forge Token & Mining

https://polygonscan.com/address/0x7d28fa576a4e08922B01e897CE4f5517AD351578
0x7d28fa576a4e08922B01e897CE4f5517AD351578
Forge Staking

https://polygonscan.com/address/0xBb1fA87A4738B22F7d2D5EC34bA349375B4D86F0
0xBb1fA87A4738B22F7d2D5EC34bA349375B4D86F0
Forge Auctions

Topic: Forge Token - A proof of work token that rewards slower hashrate! Secured by EVM (Read 89 times)