Mineral MNR

Rank #1989

$ 0.00038811 -0.88%

Mineral Price (MNR)

Mineral to USD Price Chart

What is the current price of Mineral (MNR)?

As of the latest available data, the price of Mineral (MNR) decreased to approximately $ 0.00038811. The market has reacted with a -0.88% change over the past 24 hours, and trading volumes are currently around 92.0K.

What Is Mineral (MNR)?

Mineral (MNR) is a cryptocurrency token designed to serve as a common currency within SkyPeople's blockchain game ecosystem. It allows users to trade various non-fungible tokens (NFTs) acquired through gameplay in SkyPeople's gaming titles. Besides trading, players can use Mineral for purchasing items, participating in staking, and buying NFTs, enhancing their overall gaming experience.

Who Are the Founders of Mineral?

The Mineral project is developed by SkyPeople, a company that specializes in blockchain-based games. However, detailed information about the individual founders or key team members behind Mineral and SkyPeople is not provided.

How Does Mineral Work?

Mineral works as an in-game currency within SkyPeople's blockchain games. Players earn Mineral tokens through gameplay and can then use these tokens to trade game items that are represented as NFTs. The inclusion of staking mechanisms allows players to earn rewards for holding and supporting the Mineral ecosystem, while the ability to purchase in-game items further integrates Mineral into the gaming experience.

What Makes Mineral Unique?

Mineral's uniqueness lies in its integration with blockchain games developed by SkyPeople. By focusing on NFT item tradeability and utility within a gaming ecosystem, Mineral sets itself apart from generic cryptocurrencies. Additionally, the expansion onto the Polygon Chain aims to create a faster and more stable trading environment for its users, alongside offering a convenient payment system to attract an even larger player base.

How Is the Mineral Ecosystem Being Expanded?

The Mineral ecosystem is expanding by incorporating the Polygon Chain, which is known for its faster and more efficient transactions compared to traditional blockchain networks. This strategic move aims to improve trading stability, provide a more convenient payment experience, and attract a larger pool of users to SkyPeople's gaming platform.

What Technology Underpins Mineral?

Mineral is built on blockchain technology, allowing for the secure and transparent handling of in-game transactions and NFT trades. By utilizing smart contracts on the blockchain, Mineral can automate the process of staking, item purchasing, and NFT trading, ensuring that all actions within the ecosystem are fair and immutable.

How Can You Use Mineral (MNR)?

Mineral can be used predominantly within the SkyPeople's game ecosystem. Players can use MNR to buy, sell, or trade NFT items, stake to earn rewards, and you can enjoy various other content offerings that SkyPeople may provide in their games.

How Much Mineral (MNR) Is in Circulation?

The circulating supply of Mineral (MNR) is 7.8B tokens. The total supply, or the maximum number of tokens that will ever exist, is 9.9B tokens.

What Are the Benefits of Using Mineral in Gaming?

Using Mineral within SkyPeople’s games allows for a seamless and integrated gaming economy where value can be transferred within the community. Some benefits include earning tokens through gameplay, owning tradeable NFTs, and engaging in an economy that rewards participation through staking.

Where Can You Buy Mineral (MNR)?

Mineral (MNR) can be purchased on Coinone, Liquid, where it is listed for trade. Make sure to choose a reputable cryptocurrency exchange and set up your wallet accordingly to store your MNR tokens safely.

How to Keep Your Mineral Safe?

To keep your Mineral tokens safe, use reputable cryptocurrency wallets that provide you with private keys, which only you should have access to. Consider hardware wallets for added security, especially if you are storing larger amounts or planning to hold Mineral long-term. Always adhere to best security practices, like enabling two-factor authentication and keeping backup copies of your keys in secure locations.

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