🚨BREAKING NEWS: Information on exclusive early access "NFT Your Miner" program available for
@KDAMiningClub community members
Introduction
Our next iteration of MINING FOR ALL. We’re excited to introduce the capability to transform your ASIC miner into a Non-Fungible Token (NFT). By tokenizing your miner, you can enjoy the flexibility of digital assets, coupled with the tangible value of real-world mining. Our goal is to democratize the mining landscape, making it more accessible and appealing to individuals worldwide. “NFT Your Miner” is more than a product; it’s a commitment to breaking down the barriers in cryptocurrency mining and empowering everyone to participate in shaping the future of blockchain.
Minted with Marmalade on the
@Kadena_io Blockchain
#Kadena is the only scalable, layer 1 Proof of Work (PoW) blockchain capable of handling the worlds transactions. Marmalade, Kadena’s NFT standard provides all the tools necessary to operate a real business on the blockchain. With upgradeable smart contracts on Kadena, we can interact with your miner as a digital asset on the blockchain unlike no other.
⛏️Mint your miner directly onto the blockchain or buy one already active.
📜Create your own energy/hosting contracts and sell on marketplace alongside your mining equipment.
🧪Upgradeable miners: Overclock firmware, immersion boost, hydro-plate upgrade, and more.
⛓️Automatic on-chain payments: To be released in the next few months, an oracle will read your miners exact energy consumption, transmit this data to the blockchain and automatically charge your wallet for the energy consumed on a monthly basis.
⛽️No gas fees: All transactions that occur on the marketplace are paid for by KMC using Kadena’s proprietary gas stations. The last 25,000 TXN completed on our website cost our business just 1.5
$KDA.
Trading Functions
Breaking down the barriers of typical home mining, you can now buy and sell full ASIC miners as digital assets on the Kadena blockchain. Say goodbye to waiting for eBay payouts and waiting for your miner to be delivered. Say hello to the future of accessible cryptocurrency mining.
Build Your Brand or Keep It Simple
We’re giving you the freedom to select your artwork. We recommend creating something yourself or hiring an artist on a website like
@fiverr. Maybe you want to try AI to generate an image. Try DALL-E by
@OpenAI.
Tips:
- Be mindful of possible copyright/trademark infringement. Do not send us for example artwork with the “Superman” logo or sports teams.
- Do not send us the artwork of a KMC Miner.
- Use aspect ratio 1x1 (square) for best results viewing results
- You can use brief, animated videos similar to our NFTs
Contact our sales team if you’re a brand that wants to launch a collection of 10+ miners.
Royalties
As a creator you will earn a base 1% royalty anytime your miner is traded on the marketplace, including when you sell it for the first time. This royalty will always be sent to the creators original k: address.
For KMC Holders, there's additional perks. In our Discord, you can verify the X # of KMC NFTs you own. Our ranking system has several tiers:
Dolphin Miner: 5+ Miner NFTs
Shark Miner: 10+ Miner NFTs
Whale Miner: 20+ Miner NFTs
Kraken Miner: 50+ Miner NFTs
Cthulhu Miner: 75+ Miner NFTs
Leviathan Miner: 100+ Miner NFTs
Poseidon Miner: 200+ Miner NFTs
There are royalty bonuses* for each of our Discord tiers, explained below:
Dolphin Miner: .05% Bonus
Shark Miner: .1% Bonus
Whale Miner: .2% Bonus
Kraken Miner: .3% Bonus
Cthulhu Miner: .4% Bonus
Leviathan Miner: .5% Bonus
Poseidon Miner: 1% Bonus
In this scenario, dolphin miners will receive a 1.05% royalty anytime their original miners are traded. Meanwhile, our most dedicated miners, Poseidon's, will receive a full 2% royalty.
*Bonuses do not stack, your bonus is determined by the highest role you have.
Collateralized Lending System
Need liquidity? Lend your mining assets to a willing borrower with peer-to-peer lending.
For the Lender
As a lender, if you’re in need of liquidity, you can now leverage your mining assets as collateral for a loan. Instead of selling your valuable ASIC miners and losing your potential future earnings, simply lend them out. You can receive a loan for a certain percentage of your mining assets’ total market value. The great news is, you maintain ownership of your assets while still benefiting from the extra liquidity.
For the Borrower
As a borrower, this new system offers a fantastic opportunity to earn yield on making loans. The value of these loans is backed by the lender’s strong assets, i.e., their ASIC miners. With the Collateralized Lending System, borrowers are not just taking on any loan; they are accepting loans tied to productive, valuable assets. This, in turn, provides a layer of security and assurance for the borrower as they seek to grow their portfolio.
Not interested in our service anymore? Burn it.
We’re sorry to see you go. At anytime during your mining experience with us, you have the ability to burn your Miner NFT and we will ship you the ASIC that powers your NFT.
Conclusion
In closing, our “NFT Your Miner” initiative represents a dramatic shift in the cryptocurrency mining paradigm. We are merging the physical realm with the digital, turning tangible ASIC miners into versatile digital assets. No longer are miners bound by the traditional constraints of cryptocurrency mining. With a host of value-added features, such as trading functions, royalty benefits, and a collateralized lending system, our platform offers an unprecedented level of flexibility and financial empowerment to the global mining community.
The future of mining is not only in hardware but also in the virtual ecosystem that surrounds it. By bridging the gap between these worlds, we’re creating a platform that democratizes access to mining, boosts liquidity, and heightens the economic potential of every single miner.
The “NFT Your Miner” offering is a milestone in our journey, but it’s only the beginning. As we continue to innovate and integrate new solutions like automatic on-chain payments and beyond, we’re steadfast in our commitment to make mining more accessible, efficient, and profitable. Whether you’re a seasoned miner or new to the game, we welcome you to join us on this exciting journey into the future of blockchain mining.
Who is Eligible?
The first round of “NFT Your Miner” is exclusively for KMC NFT Holders but will soon be rolled out for customers around the globe. To start things off, only 6 month and 12 month pre-paid contracts are eligible for this service as we have not concluded the on-chain payment system for monthly payments.
Connect with us via DM on the X app or visit our bio to find our other social platforms and websites.
Happy Mining!