Bittime - Meson Network, a pioneer in the field of decentralized physical infrastructure ( DePIN ), announced the launch of their token, MSN, through OKEx's Jumpstart program. This "mining" event will start on April 26 2024 at 06:00 AM (UTC) or around 13:00 WIB.
Moment of Golden Opportunity
This is a golden opportunity for OKEx users to stake their BTC and ETH and earn MSN tokens in return.
For two days until April 28, 2024, participants can invest a total of 800,000 MSN tokens. The tokens will be divided equally into two staking pools: 400,000 MSN for the BTC pool and 400,000 MSN for the ETH pool.
Each user can stake up to 0.3 BTC or 3.5 ETH, with no minimum stake, so everyone can participate.
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Participation Conditions
Interested participants must complete OKEx's identity verification process. Please note that citizens of Mainland China, Hong Kong, and South Korea cannot participate in this event. The OKEx platform calculates staking profits directly using the following formula:
“If a user stakes 0.1 BTC, the total BTC staked at that time is 1,000, and the number of tokens issued per minute is 10,000, then the user's profit per minute will be calculated as follows: User Profit per Minute = (0.1 / 1,000) * 10,000 = 1 (token).”
With this strategy, users can manage their bets flexibly, adding or withdrawing their assets at any time during the mining period. After the event ends, unclaimed tokens will be automatically returned to user accounts within two hours.
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What is Meson Network (MSN)?
Meson Network is a pioneer in the Web3 revolution. They present an efficient bandwidth marketplace using blockchain protocols. Meson abandons the traditional sales model that relies on labor.
Their innovative approach focuses on pooling and monetizing unused bandwidth from individual users at very low costs. This bandwidth then becomes a critical foundation for decentralized storage, computing, and the rapidly growing Web3 Dapp ecosystem.
Vision of Meson Network
Meson Network's vision does not stop there. They want to build the largest bandwidth marketplace in the world.
Meson envisions a future where users can easily exchange their unused bandwidth for tokens. Meanwhile, other users who need it can access bandwidth globally through the Meson marketplace.
Also read: What is Meson Network (MSN)? A Revolutionary Overlay on the Web3 Bandwidth Landscape
In contrast to conventional sales models, Meson rejects the top-down approach that has been implemented by traditional cloud vendors. Instead, Meson champions open bandwidth exchange, offering an alternative to address the growing demand of a fragmented long-tail market.
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Meson Network aims to revolutionize bandwidth access and big data services through their blockchain protocol.
This protocol has important functions in the Meson ecosystem, such as rewarding contributors, facilitating governance, and increasing mining efficiency.
With a total supply of 100 million tokens, Meson wants to change the bandwidth market by offering a more efficient and decentralized solution.
How to Buy Crypto from Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn Complete Guide How to Buy Crypto on Bittime .
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also read:
OKEx Adds WIF and MEW for Spot Trading
OKEx Launches Airdrop on SUI Chain
OKEx to Launch Spot Trading Tensor (TNSR) Tonight
OKEx Now Offers WIF and MEW Perpetual Contract Trading with USDT
DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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