MIND Tokenomics

in #cryptocurrency6 years ago (edited)

MIND Tokenomics

This article will serve as a MindSports IO Technical Introduction, where we will focus on Token Design Philosophy and Economics.

MIND Tokens

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.

MindSports IO Token Manifesto

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.

MindSports IO Network 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.

Vote and Decide the Next Games on the Network

Interested to learn more about our Token? Read our MindSports IO Whitepaper here.

Presale Information

You can find the Pre-Sale form here.

Token Pre-Sale starts on November 17, 2017, at 02:00 PM (UTC).

  • First 24 Hours +50% Bonus
  • Day 2 +25% Bonus
  • Day 3 +10% Bonus
  • Day 4 + 5% Bonus

This post has received a 15.34 % upvote from @booster thanks to: @unprovoked.

This wonderful post has received a bellyrub 57.69 % upvote from @bellyrub. Please make sure to vote for my pops as a witness @zeartul,Here

Congratulations @mindsportsio, this post is the sixth most rewarded post (based on pending payouts) in the last 12 hours written by a Dust account holder (accounts that hold between 0 and 0.01 Mega Vests). The total number of posts by Dust account holders during this period was 3579 and the total pending payments to posts in this category was $586.41. To see the full list of highest paid posts across all accounts categories, click here.

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This post has been ranked within the top 80 most undervalued posts in the first half of Nov 13. We estimate that this post is undervalued by $10.10 as compared to a scenario in which every voter had an equal say.

See the full rankings and details in The Daily Tribune: Nov 13 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.

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