This article will serve as a MindSports IO Technical Introduction, where we will focus on Token Design Philosophy and Economics.
MindSports IO Token Manifesto
We believe a token must work as a necessary element of a self-sustaining
system and a public utility. Incentives should be align across all stakeholders and tie the token to the core action of the network's growth.
How does MIND Token Work ?
MIND token provides everyone an opportunity to participate in the network governance, create and participate rated mind sports tournaments, and be part of the in-game dispute governance.
Where is that ‘Token Network Effect’ ?
Every 6 months, Token Holders propose and vote for their favorite mind games to be build and deployed next on the network and are able to use their token to create, play and govern mind games.
We believe this mechanism align incentives across all token holders and tie the token to the core action of the network’s growth.
Interested to learn more about our Token? Read our MindSports IO Whitepaper here.
You can find the Pre-Sale form here.