It’s also worth noting that the Copium Coin will become a deflationary asset due to the mining facility’s profits. If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact with detailed information about your concerns. Copium Mining, a mining operation headquartered in Otago, New Zealand, serves as the protocol’s focal point.
Copium Coin holders will be able to stake their holdings for a variety of high-yield interest rates and time periods. Therefore, the Copium Protocol offers a great chance to profit from NFTs in 2022. In addition, investors will be able to receive a certain number of Copium Coins and contribute to the advancement of the mining facility only by purchasing the NFT.
Copium Mining – What It Offers?
Copium Protocol hopes to capitalize on the growing interest in cryptocurrency mining as a business opportunity. Customers can passively participate in the mining process through Copium’s tools and infrastructure without investing in or managing any mining hardware or software. The Copium Protocol, which focuses on laying the groundwork for decentralized mining investments, will soon release an NFT collection to gather funds for business expansion. It stands out because it enables consumers to invest passively in crypto mining. Copium Protocol is a cutting-edge cryptocurrency mining investment ecosystem built on the Ethereum blockchain.
- Whereas 7.3% will be used to reward those who have already purchased investor passes through staking, 10% will go to the protocol’s creators and development fund.
- What sets this mining operation apart is its reliance on a surplus of 100% clean, green, and renewable Hydroelectricity, sourced from the scenic foothills of New Zealand’s Southern Alps.
- The Copium Protocol Investor Pass, a group of 10,000 NFTs that could be created on the Ethereum network in early to mid-October, will serve as the project’s official preface.
- The corporation expects the coin to be highly deflationary if it buys and burns it regularly.
- Therefore, the Copium Protocol offers a great chance to profit from NFTs in 2022.
- Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens.
The protocol’s tokenomics stipulate that, of a total supply of 1 billion tokens, 10% will go to purchasers of investor passes. Whereas 7.3% will be used to reward those who have already purchased investor passes through staking, 10% will go to the protocol’s creators and development fund. In addition, 5% will be sold during the presale, 3% will be added to liquidity, and 0.7% will be distributed to the project team. Once online, revenue from the newly expanded Copium Mining facility will be used daily to purchase Copium Coin from the open market.
What is Copium protocol?
These coins will then be sent to a burn address, lowering supply, increasing scarcity, ensuring the coin remains deflationary. Copium Protocol is an innovative, crypto mining investments ecosystem, built on the Ethereum blockchain. Copium Coin is the native ERC-20 token which powers the entire Copium Protocol ecosystem.
According to the coin network, the funds raised from the sale of Investor Passes will be used to modernize the Copium Mining Facility’s infrastructure and machinery. Copium Coins will be purchased on the open market and transferred directly to a burn address using the facility’s daily mining earnings. The Copium Investor Pass, a collection of 10,000 NFTs minted on the Ethereum blockchain in the coming month, will be sold as the project’s initial offering. As a result, if investors want to use the Copium Protocol and reap all of its benefits, they should purchase a pass. Notably, the first 2000 users to sign up on the project website will receive a guaranteed mint spot for a lower, fixed price of just 3 ETH. What makes crypto mining even more democratic is that people don’t need to learn how to mine cryptocurrencies to participate in crypto mining.
Copium Protocol Team
At its core, the Copium Protocol revolves around Copium Mining, a tangible cryptocurrency mining facility located in Otago, New Zealand. What sets this mining operation apart is its reliance on a surplus of 100% clean, green, and renewable Hydroelectricity, sourced from the scenic foothills of New Zealand’s Southern Alps. This distinctive feature ensures that Copium Mining avoids any unfavorable associations with the use of non-renewable resources in cryptocurrency mining. This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion).
Copium mining has the advantage of being powered by a surplus of renewable energy generated in New Zealand’s Southern Alps foothills. The https://www.xcritical.com/ Investor Pass, a group of 10,000 NFTs that could be created on the Ethereum network in early to mid-October, will serve as the project’s official preface. Simultaneous to the launch of the Investor Pass Collection, will be the public launch of Copium coin, an ERC-20 token, built on the Ethereum network, which will be the foundation of the Copium Protocol ecosystem. Pre-sale ICO of Copium Coin will run for a period of 60 days before the public launch of the coin, or until the predetermined ICO hard cap is met. The corporation expects the coin to be highly deflationary if it buys and burns it regularly. For those interested, the project is making a presale Initial Coin Offering (ICO) for the Copium Protocol cryptocurrency to speed up its operations and increase the value of the Copium Coin.
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Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
Owners of the Investor Pass NFT will also be eligible for a special airdrop crypto rewards of 10,000 Copium Coins, the native ERC-20 token that powers the ecosystem.
There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. The information on this website is for educational purposes only, and investing carries risks. Investors can also stake the NFT on the platform in exchange for daily distribution of 10 Copium Coins per NFT, and they will be entered into monthly Copium prizes automatically. In addition, the Copium Staking Protocol will be installed after the Investor Pass is introduced. With over 10 years experience in the Blockchain / Cryptocurrency industries , the project has a solid team of industry professionals with a proven track record, and a wealth of knowledge behind it.