Quote from: mocacinno on October 15, 2024, 11:05:29 AM

I don't see the connection between what you're describing and mining... What you are describing is a centralised website giving incentives (maybe in the form of tokens???) to users that perform tasks... Mining is something completely different, it is validating the latest blocks and validating transactions from a mempool, creating a new block and then performing millions of iterations over slightly different block headers (usually iterating the nonce) in the hope of finding a header who's sha256d hash is under the current target. Mining is not centralised, you don't get a fixed incentive for every x hashes you generate,...

Vote to Earn: Combining Predictions with Crypto Rewards

Vote to Earn (V2E) is shaking up the cryptocurrency space, offering users a fresh way to engage with markets, predict outcomes, and earn rewards. One standout feature of the platform is the integration of the PAX BEP-20 token, which offers real value in the market and a unique minting mechanism that enhances the entire ecosystem.

What is Vote to Earn?

At its core, Vote to Earn allows users to cast votes on market outcomes. Whether you’re predicting the price of a cryptocurrency, the result of a sports event, or even stock movements, your votes count toward both your progress and real-world rewards.

The PAX Token Mechanism

A key element of Vote to Earn’s reward system is the PAX BEP-20 token on the Binance Smart Chain. The PAX token is minted through the platform’s Coin Mining Process (CMP), where every completed block of 100 CMP triggers the distribution of PAX tokens directly to users’ wallets. PAX tokens are tradable on exchanges and can be used for in-game transactions.

Tokenomics: A total of 21 million PAX tokens will be minted, with each block releasing a small portion. The allocation is designed to reward active users, creating a dynamic economy within the platform. This token has real market value and enhances user engagement by giving tangible rewards.

How Voting Powers Mining

Every vote you cast contributes to your progress in the CMP. As you accumulate votes, you complete blocks of 100 CMP, and with every block, PAX tokens are minted and distributed. In addition, you can earn collectible cards and VTE game coins that enhance your overall experience.

Why It Stands Out

Unlike typical Play to Earn platforms, Vote to Earn focuses on the power of predictions and market knowledge. It’s a perfect mix of blockchain technology and real-world market dynamics, making it attractive to users who want to combine their interests in finance, sports, and entertainment with crypto rewards.