What Is Mineral (MNR)?
Mineral is a drive-in blockchain ecosystem created by a team of top developers. Mineral's primary aim is to eliminate entry restrictions connected with blockchain games, activating the elements required to acquire and safely store crypto assets. The ecosystem grows with the development of new games and the creation of NFT products. In the Mineral ecosystem, a player doesn’t need to go through the time-consuming processes of engaging with the blockchain. Mineral also aims to hide the blockchain component on the system to create a Dapp game for regular gamers.
According to its whitepaper, Mineral attempts to convert the gaming data of players into on-chain digital assets. The ecosystem aims to support player-to-player data transfers and item transfers across games. The system intends to promote peer-to-peer asset trade and in-game bids through a specialized marketplace. The system also allows users to exchange things obtained via gaming. Mineral aims to promote item-to-NFT conversions and make the trade of such NFTs in Mineral's external NFT marketplace as simple as possible.
When users register an in-game account in the Mineral network, the games generate the wallet address automatically. Mineral's entrusting feature also eliminates participants' need to pre-own any crypto assets in this ecosystem. When exchanging items, the players are only required to pay transaction costs. Mineral's mission is to transform blockchain gaming by creating high-quality games with more fabulous visuals and engaging gameplay.
MNR is the primary currency in the Mineral ecosystem. MNR is a Klaytn blockchain-based KCT (K-Chain Token). Klaytn is a hybrid blockchain that combines the advantages of both public and private blockchains. The KCT standard is based on the ERC-20 token standard developed by Ethereum. MNR is utilized in several games, allowing players to exchange NFT objects. MNR tokens can be obtained by playing Mineral games, winning items, and exchanging the items for MNR via item auctions or the Mineral NFT marketplace.
History of Mineral (MNR)
The Mineral ecosystem started its activities in 2019. The team behind the creation of the Mineral ecosystem is Skypeople. The maximum supply of Mineral tokens is ten billion MNR coins.