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Home All Events Kadena Mining Club Mint

Date

Aug 27 2022
Expired!

TimePacific Time

12:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Aug 27 2022
  • Time: 3:00 pm

Status

Active

Kadena Mining Club Mint

A collection of 10,000 ASIC miners on Kadena, representing real life Kadena miners producing mining rewards.

Kadena Mining Club (KMC) is a an ecosystem focusing on democratizing mining cryptocurrency, specifically Kadena (KDA).

DETAILS
  • Mint Details
    • Mint will be held on the KMC dApp, here
    • Mint will be in 3 phases – WL, ETH Allowlist, Public
      • Public mints 2 hours after WL phase (at 7pm UTC)
    • Mint price: $200 (WL) / $300 (ETH Allowlist & Public)
    • Public max mint / wallet: Unlimited
    • Payment can be made with either Kadena (KDA), ETH (ERC-20) or credit card
    • You will need a Kadena supported wallet to pay with KDA, either X-Wallet or Zelcore
    • Supply allocation;
      • 1,500 — Whitelist
      • 7,000 — ETH Allowlist & Public
      • 1,500 — Phase 1 (already minted, available on the KMC marketplace)
  • Mechanics
    • Each KMC NFT is a contract to buy 640 GH/s worth of Kadena mining power, assigned to 4 “Chips” on a Goldshell KD-Max ASIC miner
    • KMC NFT holders earn mining rewards produced by their assigned miners
    • No recurring fees — costs such as; electricity, hosting, maintenance and repairs are covered for the lifetime of the miner (ASICs typically last 3-5 years)
    • Each miner will be insured during transport and at the facility it is deployed
    • All KMC NFTs are tradeable on the KMC marketplace
    • Future development includes;
      • option to take full ownership and delivery of a miner
      • collaterized lending program, where you can stake your NFT as collateral and receive a loan of KDA

Whitepaper

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