Question 1

What is the latest price of Motocoin (MOTO)?

Accepted Answer

The current price of Motocoin (MOTO) is A$ 0.00651158. Over the last 24 hours, the price has increased by +0.00%.

Question 2

What is Motocoin (MOTO)?

Accepted Answer

Motocoin (MOTO) is a unique cryptocurrency that utilizes a proof-of-play mechanism. Unlike most other cryptocurrencies which use a proof-of-work or proof-of-stake scheme, Motocoin rewards are earned by a cognitive workload. This means that coins are mined by playing a 2D motorbike simulation game.

Question 3

Who created Motocoin (MOTO)?

Accepted Answer

The creators behind Motocoin have chosen to stay anonymous, similar to Bitcoin’s creator, Satoshi Nakamoto. The team provides regular updates and improvements to the Motocoin system via their official website.

Question 4

How does Motocoin work?

Accepted Answer

Motocoin works by using a concept called 'proof-of-play'. Instead of mining via powerful computers solving complex mathematical problems, as in proof of work, or by owners of large amounts of the currency validating transactions, as in proof of stake, Motocoin uses the human mind's ability to play a 2D motorbike simulation game to mine and validate transactions. This mechanism is a unique feature that sets Motocoin apart from most other cryptocurrencies.

Question 5

What makes Motocoin unique?

Accepted Answer

Motocoin's proof-of-play mechanism sets it apart from other cryptocurrencies. This innovative approach allows anyone with time and gaming abilities to mine Motocoin, without the need for expensive and energy-consuming hardware. Historically, the game was dominated by bots, but the team behind Motocoin claims that they are testing a new security model that better enforces balanced play.

Question 6

How many Motocoins are in circulation?

Accepted Answer

Currently, there are  MOTO coins in circulation. The total supply of Motocoin is 31.0M MOTO.

Question 7

Where can you buy Motocoin (MOTO)?

Accepted Answer

Motocoin (MOTO) can be purchased on the YoBit exchanges. Always make sure to use secure and trusted exchanges when purchasing or trading cryptocurrencies.

Question 8

How to keep your Motocoin safe?

Accepted Answer

The best way to keep your Motocoin safe is by storing it in a secure wallet. Consider using hardware wallets for large amounts as they provide the highest level of security. Be wary of online phishing scams and always make sure to double-check the address before making a transaction.

Question 9

Can Motocoin be mined?

Accepted Answer

Yes, Motocoin can be mined, but not in the traditional sense. It utilizes an innovative proof-of-play mining mechanism where coins can be gained by playing a 2D motorbike simulation game. This unique mining process makes it accessible to those without advanced technical knowledge or expensive mining hardware.

Question 10

What is the market cap of Motocoin?

Accepted Answer

The current market cap for Motocoin (MOTO) is A$ , placing it at rank #1 in terms of overall cryptocurrency market cap.

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