It seems that crypto mining profitability has decreased with the price of Bitcoin tanking in 2022. As a result, many mining companies have temporarily closed their mining operations until the endeavor becomes profitable for them again.
Combining the falling Bitcoin price with the Ethereum network upgrade to Proof-of-Stake (PoS) means that cryptocurrency mining profitability is taking a double hit.
Typically, miners either mine a blockchain directly with their own mining equipment or will pool their resources together in a mining pool to find blocks and secure the network. Unfortunately, the profitability of both strategies has suffered dramatically as the price of Bitcoin falls.
However, besides mining directly and in a pool, there is another method to make money with mining in 2022.
This new method doesn’t require miners to invest in expensive mining equipment, nor does it require miners to educate themselves on the technical jargon needed to join mining pools.
Instead, this new mining method involves investing in an NFT or a coin that uses mining revenues to generate value. The pioneer in this space is about to launch its NFT before its protocol goes live.
This article will introduce you to Copium Protocol and explain how it can help you make money with mining in 2022.
What is Copium Protocol
Copium Protocol is a cryptocurrency mining investment ecosystem that provides a simple solution to participate in passive cryptocurrency mining. The entire idea behind the project is to revolutionize cryptocurrency mining by removing all the technical jargon associated with it and presenting an opportunity to participate without investing in expensive mining equipment.
The Copium Protocol is a multi-pronged Blockchain mining investment project. The entire ecosystem is made up of the following categories;
- Copium Mining
- The Investor Pass
- Copium Coin
- Copium Staking
The entire idea of the ecosystem is to use the daily cryptocurrency mining revenue generated from the Copium Mining facility to purchase Copium Coin from the open market and burn it – effectively reducing the supply, making it more scarce and valuable.
Let us describe each part of this ecosystem and explain how it fits together.
The Copium Mining Facility
The entire Copium Protocol is based around Copium Mining, an established cryptocurrency mining company. The company owns several mining facilities worldwide. However, their largest facility is situated in Otago, New Zealand.
The mining facility is temperature-controlled and is unique because a surplus supply of 100% clean, green, renewable energy powers it.
Cryptocurrency mining typically receives bad press due to the sheer amount of energy required to power blockchain technology. As a result, most mining operations tend to gravitate toward cheaper rates of electricity, which often come from fossil fuels that pollute the environment.
Fortunately, Copium Protocol won’t be receiving any negative press as their mining facility is totally powered by Hydroelectricity generated in the foothills of New Zealand’s Southern Alps. Hydroelectricity allows Copium Mining to operate a very efficient, profitable, low-cost business model.
The Investor Pass
The initial launch phase of the Copium Protocol will begin by releasing the Copium Protocol Investor Pass. This is a collection of 10,000 NFTs set to mint on the Ethereum network in early-mid October.
Holders of the Copium Protocol Investor Pass will receive the following benefits;
- An exclusive airdrop of Copium Coin –
This native ERC-20 token powers the ecosystem. In total, every Investor Pass is entitled to a 10,000 Copium Coin airdrop.
- The ability to stake the pass on the platform in exchange for a daily allocation of Copium Coins –
Every Investor Pass staked on the platform will receive a daily allocation of 10 Copium Coins.
- The ability to stake Copium Coin holdings at much higher ROI than public staking rates –
The highest possible public staking rate is set at 11% for a 24-month lockup period. In comparison, the lowest Investor Pass holder staking rate is 12% for a 30-day lockup period.
- Automatic entry to monthly Copium Protocol giveaways –
Copium Protocol hosts regular monthly giveaways, and all Investor Pass NFT holders are automatically entered.
In addition to all of these benefits, every Copium Protocol Investor Pass holder will go into a draw to win one of the two Bitcoin giveaways.
The Investor Pass NFTs are scheduled to be sold by Dutch Auction via copiumprotocol.io. The starting price for the NFTs will be 3.5 ETH. However, the first 2000 people that register through the project’s website will receive a guaranteed mint spot at a lower, fixed price of 3 ETH.
The Copium Coin
The Copium Coin is the native ERC-20 token that powers the Copium Protocol. The coin will be launched to the public simultaneously with the Investor Pass. However, the presale for the Copium Coin will run for 60 days before launch to generate the first batch of initial liquidity. The presale will cost $0.10 per coin.
In total, there will be a 1 billion Copium Coin supply, split into the following categories:
- 10% will be used in the initial airdrop for Investor Pass NFT holders.
- 10% will be used in the development fund.
- 3% is used for the rewards pool to provide rewards for staked Investor Passes.
- 10% will be given to the founders of the project.
- 3% will be used in the liquidity pool.
- 7% is given to the project’s team.
- 5% (soft cap) to 5% (hard cap) is used in the presale.
- The remaining 46% is used in the total allocation.
The Staking Platform
The Copium Protocol team will implement the Copium Staking Platform following the successful launch of the Copium Protocol Investor Pass.
The Copium Staking Platform will be a crucial pillar of the overall ecosystem, allowing Copium Coin holders to stake their tokens for a range of locked and unlocked periods. In return, stakers will generate a high APY percentage return on their investment. In addition, the longer the lockup period, the higher interest rates stakers will receive on the platform.
The Staking platform is non-custodial, meaning that stakers will always retain ownership rights to their assets. Their wallets will be credited with the interest accrued after the staking contract has expired. If a user wishes to cancel a locked staking contract before the expiry date, they will forfeit any accrued interest for the entire duration of the staking contract.
The Staking Platform has a range of interactive features, allowing users to:
- Customize personal stake settings.
- Forecast future returns.
- View current Copium Coin holdings.
- View current contract expiry dates.
Investor Pass NFT holders will receive exclusive rates on the Copium Staking Platform. The minimum Investor Pass holder rate is still higher than the maximum achievable public staking rate. To illustrate this, take a look at the following table;
As you can see, the Investor Pass Holder rates provide a much higher APY return than public staking rates. Therefore, if you wish to maximize your return on your staking investment, ownership of the Investor Pass is imperative to secure this aim.
Furthermore, Investor Pass holders are also offered a one-time initial staking rate of 38% if they lock their stake for 36 months. To secure this high APY, Investor Pass holders must stake a minimum amount of 10,000 Copium Coins.
How Does The Ecosystem Fit Together?
The following flow chart illustrates how the ecosystem functions;
It’s time to explain how all of these separate parts of the ecosystem fit together.
The entire ecosystem relies on the Copium Mining Facility, which mines cryptocurrency on a daily basis. The revenue generated from the sales of the Copium Protocol Investor Pass NFTs will be used to upgrade the equipment and infrastructure at the Copium Mining facility.
Copium Mining has a successful long-term track record in cryptocurrency mining and is highly respected in the New Zealand Cryptocurrency industry. The facility has already established some strong business connections, allowing them to use the funds from the Investor Pass sale to purchase bulk quantities of the latest generation of cryptocurrency miners.
Once the mining facility has been upgraded, the daily cryptocurrency mining revenue generated from the facility will be used to purchase Copium Coins from the open market. This provides Copium Coin with sustained demand and constant liquidity.
The purchased Copium Coins will then be sent to a burn address to be removed from the supply. As a result, Copium Coin will be a deflationary token that becomes more scarce as time passes.
Overall, Copium Protocol presents a perfect solution to make money with mining in 2022 without requiring users to provide hefty down payments for expensive mining equipment.
Simply buying one of the Investor Passes for the Copium Protocol will help you get started to make money out of this project. The Investor Pass will provide you with a Copium Coin airdrop of 10,000 tokens and a daily allocation of 10 Copium Coins. You can then stake Copium Coin on the Staking Platform to generate further returns.
VISIT COPIUM PROTOCOL TODAY
Can Crypto Go Green? Learn About IMPT Exciting Plans for the Planet
With the negative stigma surrounding the amount of energy cryptocurrency uses, it’s about time crypto projects step up and start to make a difference from inside the industry. One project that entirely focuses on helping crypto go green is IMPT – a blockchain-based carbon credit ecosystem.
Putting Carbon Credits on the Blockchain
IMPT’s mission is to positively impact the environment by connecting socially responsible brands with businesses and individuals seeking to reduce their carbon footprint. In addition, they intend to provide a straightforward method for users to buy, sell, and retire carbon credits online.
Carbon credits are permits that represent carbon emissions removed from the atmosphere, with one carbon credit representing one ton of carbon dioxide removed.
By law, large companies are often required to purchase carbon credits to offset their carbon footprint that results from their industrial output. However, although large companies have obligations to buy carbon credits, small businesses and individuals are often hesitant to enter the market due to its fragmented and complex structure.
IMPT is an ecosystem that seeks to change the carbon credit market by helping users easily buy, sell, and retire carbon credits
The ecosystem is comprised of the following;
- A Carbon Marketplace
- A Shopping Platform
- A Social Platform
- Carbon Credit NFTs
Users can purchase carbon credits directly from the Carbon Marketplace when it launches in 2023.
As mentioned, today’s carbon credit market is fragmented, making it difficult for individuals to enter as they have limited pricing data with no method to know if they are purchasing genuine carbon credits. The great thing about the IMPT carbon credits is that they are issued as NFTs on the blockchain, providing buyers complete transparency and traceability, and helping them be sure they are genuine.
When an individual or business wishes to retire a carbon credit, the NFT is sent to a burn address and is removed from circulation. Additionally, users will receive unique collectible NFTs after retiring a carbon credit – created by unique artists. These collectible NFTs could potentially start a new environmentally conscious trend of their own, providing additional incentives to retire carbon credits.
Earn Carbon Credits With Regular Lifestyle Shopping
IMPT will also create a shopping platform that allows users to earn carbon credits while doing regular daily shopping. The project has partnered with global top-tier retailers and brands, each ready to allocate a specific percentage of their sales margin for environmental projects.
When a user purchases products from the shopping platform, the sales margin is held in their account as IMPT tokens until they have enough tokens to purchase a carbon credit.
This unique feature will help individuals reduce their carbon footprint while naturally shopping for regular items they already require.
A Global Score to Track Impacts on Carbon Footprints
IMPT will also create a social platform that incentivizes individuals and organizations to become more environmentally conscious and friendly. The social platform will help users measure their impact on their own carbon footprint and will provide the world’s first global score as a metric to track.
The global score will give businesses and individuals a ranking to measure their impact relative to other users across the globe.
All Eyes are on the IMPT Presale
IMPT is now ready to start a series of presales for its native platform token. The “Early Adopter” phase sold 90 million tokens in a matter of weeks as investors rushed to be a part of the crypto that is helping the industry go green.
The next presale is “Phase 1”, starting at the beginning of October. In the first presale, 600 million tokens will be offered at $0.018. This will last for a month, and then “Phase 2” will begin, seeing 660 million tokens offered at $0.023. Finally, the third presale is “Phase 3,” which will see 540 million tokens offered at $0.028.
The public sale will occur after the three presales phases are complete, expected by February 2023 at the latest.
Ethereum Stepping Into Energy Efficiency
In case you’re wondering, IMPT is a carbon-zero company, and the platform is hosted on the Ethereum network. The Ethereum blockchain recently entered into a Proof-of-Stake blockchain, which reduced energy consumption by up to 99.95%, making it the perfect fit for IMPT. Furthermore, Ethereum’s ability to partition data and scale upward ensures a future-proof blockchain for the project.
To find out more, consider joining the project’s official Telegram group and follow them on Twitter.
Visit IMPT Today
Most Popular Ongoing Crypto Presales Set to Sellout Early
Cryptocurrencies continue to be popular among investors, and many projects are conducting presales at this very moment. As always, a good number of these crypto presales are set to sell out early, indicating strong conviction in the protocol and what the team is aiming to do.
Here, we list the most popular ongoing crypto presales that look set to sell out early. There is a good variety of projects, with the use cases focusing on everything from the environment to your online Play-to-Earn games.
Most Popular Ongoing Crypto Presales Set to Sellout Early
IMPT is the first presale token on our list and it is one of the most important, at least socially. The project is tackling a very important issue, namely protecting our environment. Users will be able to acquire carbon credits through such services as purchasing them on the IMPT marketplace or through shopping. Of course, none of this matters without bringing retailers on board, and IMPT has 10,000 retailers signed up.
As for the presale, 600 million tokens will be offered at $0.018 during the first presale, 660 million tokens will be offered at $0.023 during the second presale, and 540 million tokens will be offered at $0.028 in the final presale. There are a total of 3 billion IMPT tokens.
The USPs of IMPT include a carbon marketplace, a shopping platform, and a social platform. These support its mission to have a positive impact on the environment. The protocol itself is built on top of Ethereum, and the company is carbon-zero. IMPT chose Ethereum because, following the Merge, the network reduced its power consumption by over 99%. This, coupled with its security and efficiency, made Ethereum an ideal choice. To promote its effort, future developments include merchandise launches, an NFT launch, and new partnerships.
Visit IMPT Today
2. Big Eyes (BIG)
One for those who look at cute NFT collections, Big Eyes (BIG) has a very wholesome design. The project appeals to those looking for that next NFT craze and its presale has already raised $3.2 million. The team has planned a lot beyond the cute look to maintain engagement, and that includes donations to charity, more swaps, and media stunts. The smart contracts have been fully audited by Solidity Finance and the team has been verified by CoinSniper.
The token has a total supply of 200 billion BIG tokens. Interestingly, 5% of this will be donated to charities focused on saving oceans, and a total of 80% will be available at launch.
3. Battle Infinity (IBAT)
A Play-to-Earn platform that leans heavily on the fantasy sports game niche, Battle Infinity has its presale going on until Oct. 9. The project is built on the Binance Smart Chain and taps into people’s interest in fantasy sports teams. There are a total of 2.8 billion IBAT tokens available for sale during the presale, which is 20% of the total supply.
Among its features are the IBAT Premier League, where players can build their own team and use it to battle with others. Players can also earn NFTs for various activities, which can then be sold. Battle Staking allows them to battle each other to earn the highest rewards.
4. Copium Protocol (COPC)
The Copium protocol is a “decentralized mining investment” project that aims to bolster the mining industry. Among the features of the project is the Copium Protocol Investor Pass, the funds from which are used to purchase mining equipment and upgrade infrastructure at a mining facility in New Zealand.
The project’s presale runs until Oct. 10, with 50 million COPC tokens up for sale. This is about 5% of the total supply of 1 billion COPC. There is a burn mechanism built into the Copium protocol.
Check Out These Presales Now
As you can see, these presales are looking strong with very positive investment numbers. The crypto community seems keen on these projects, which are focusing on some of the hottest use cases and/or issues at the moment.
A project like IMPT, in particular, has great potential as it focuses on a pressing concern relevant to those inside and outside the industry. If it can deliver on its goals, then it also stands to experience a strong performance following its presale.
5 Scheduled Crypto Listings for 2023 Aiming to Beat Industry Records
The cryptocurrency market is not expected to get any smaller in size. Adoption is growing, and investors are clamoring for the best assets in the market as we head into 2023. There are numerous tokens that have existed for a long time that continue to see a lot of capital flow in – but there are also many up-and-coming assets that are gaining a lot of attention.
As 2022 comes to a close, a number of projects have announced launches in 2023 or late 2022. We describe some of the most exciting ones here, so you can prepare yourself for their respective launches.
5 Scheduled Crypto Listings for 2023
The first, and potentially the most significant token on this list, is IMPT. The asset is of importance because it focuses on a very relevant issue: protecting our environment. The project allows users to acquire carbon credits in a variety of ways, whether that’s shopping or purchasing the credits on the IMPT marketplace.
There are three main features to the IMPT platform: a carbon marketplace, a shopping platform, and a social platform. The team has several features and developments planned for the future, including merchandise launches, an NFT launch, and new partnerships. It also plans to bring a lot of retailers on board, with 10,000 retailers already on board.
The company is using blockchain technology to prove that the industry can have a positive impact on the environment, proving that topical concerns about energy consumption are outdated. The network is built on top of Ethereum, and IMPT itself is carbon-zero. The team chose the Ethereum network because its Proof-of-Stake transition had reduced the network’s power consumption by over 99%, on top of it being highly secure and efficient at processing data.
As for the presale, 600 million tokens will be offered at $0.018 during the first presale, 660 million tokens will be offered at $0.023 during the second presale, and 540 million tokens will be offered at $0.028 in the final presale.
Visit IMPT Today
2. FIREPIN Token (FRPN)
FIREPIN is a metaverse-focused project that has multiple strategies as part of its effort to become a lynchpin of the NFT space. The decentralized protocol will be collateralized and backed by the metaverse DAO, which will handle such things as the treasury fund.
The purpose of the protocol itself is to fund NFT game development, including 3D and VR games. All major decisions are handled by the community. One of the reasons that this has potential is because it is tapping into the fast-growing blockchain-based game space, which has been shown to be popular with the general public.
3. Big Eyes (BIG)
Big Eyes (BIG) is another popular NFT project that is tapping into the appeal of NFT collections that have a wholesome design. The collection, which is like a crypto cathouse, has already undergone its pre-sale, with $3.2 million raised so far. The smart contracts have been fully audited by Solidity Finance and the team has been verified by CoinSniper.
The features and developments that are being worked on include NFT release, donations to charity, more swaps, and media stunts, among other things. There are 200 billion BIG tokens available, with 80% of them available at launch. 5% of the total supply will be held in a charity wallet that donates to charities focused on saving oceans.
4. The Hideaways (HDWY)
The Hideaways is a project that wants to give users the opportunity to invest in luxury properties through crypto. Holders of the token can manage a portfolio of luxury properties across the world through the investment platform. These properties are represented through NFTs, with each NFT broken into fractions to allow fractionalized investment that goes as low as $100.
The benefits of investment include passive income generation through the renting out of properties, second capital appreciation through NFT trading, and the staking of the HDWY token. Holders can also receive a Club Hideaway membership which has exclusive perks and a tiered VIP system.
5. Lucky Block (LBLOCK)
Lucky Block is a competition platform that uses the popular Play-to-Earn model. The platform has a wide variety of competitions, including an opportunity to win $1 million in BTC and a Lamborghini luxury sports car. There are also weekly giveaways for completing tasks assigned on Gleam.
Now, while the LBLOCK token is already available, there are some reasons to think that it could beat industry records in 2023. For one thing, the team launched LBLOCK v2 earlier this year, and will implement a monthly 1% burn towards the end of 2022.
Many Stellar Crypto Tokens to Have Strong 2023
2023 is shaping up to be another tremendous year for crypto, with new innovations and ideas set to take the market by storm. The list of assets that we described above are good examples of what the asset class has to offer, and projects like IMPT, in particular, stand to shake up the market.
Visit IMPT Today
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