ICO & Staking Dapp

Introduction:

Wondering how Mining can have an entire ecosystem thrive?

The possibilities are limitless. By virtue of holding the MNT token, individuals can become part of the Global Mining Community. Mr Mint’s project solves the ever-continuing challenge of increasing costs and higher difficulty levels associated with cryptocurrency mining. Therefore indirect benefits are extended to a community that purely holds the MNT token.

Project Overview:

Mr. Mint is a Global state-of-the-art crypto mining, with the aim to mine 1 BTC per day using green energy. With an expansive NFT ecosystem that includes never seen before assets to HODL and to utilize.

When a cryptocurrency project wants to raise money through an ICO, the project organizers’ first step is determining how they will structure the coin. ICOs can be structured in a few different ways, including:

• Static supply and static price: A company can set a specific funding goal or limit, which means that each token sold in the ICO has a preset price, and the total token supply is fixed.

• Static supply and dynamic price: An ICO can have a static supply of tokens and a dynamic funding goal—this means that the amount of funds received in the ICO determines the overall price per token.

• Dynamic supply and static price: Some ICOs have a dynamic token supply but a static price, meaning that the amount of funding received determines the supply

Why is ICO used and how can we stack MNTs?

1. An initial coin offering (ICO) is the cryptocurrency industry’s equivalent of an initial public offering (IPO). A company seeking to raise money to create a new coin, app, or service can launch an ICO as a way to raise funds.

2. Interested investors can buy into an initial coin offering to receive a new cryptocurrencytoken issued by the company. This token may have some utility related to the product or service that the company is offering or represent a stake in the company or project.

In Mr.Mint we can also stack the cryptocurrencies or NFTs with the help of Crypto Wallet. We mainly use MetaMask because MetaMask wallet is a versatile product in the marketplace, supporting multiple protocols across Blockchains.

Technologies Involved:

1. Blockchain: Binance Smart Chain

2. Front End: React JS, JavaScript, Jquery

3. Back End: Node JS, Express Js

4. Smart Contracts Standards: Custom BEP-20

5. Smart Contracts Implementation: Solidity

6. SDK - Visual Studio

7. Repo - Github

8. Methodology - Agile

9. Project management Tool - Jira