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1  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN] [MBC] Mystery Swap - the next-gen protocol for collectors and creators on: June 18, 2021, 09:49:47 AM
Mystery Swap


Introducing Mystery Swap, the next-gen protocol for collectors and creators.


How does it work?

  • As a collector or a miner, you can buy mystery boxes or swap your mystery boxes with someone else whilst mining MBC tokens!
  • As a creator, you can design and make profit from selling your mystery boxes.
  • As an investor, you can make money from holding the MBC tokens, or put up your mystery box up for auction, the rare it is the more you get!
  • And you can always make money by referring friends to Mystery Swap!


What is Mystery Box?

Mystery boxes are digital collectibles. Adopting the ERC-1155 multi-token standard, each Mystery Box’s inspirational designs, illustrations, and graphic elements come from the talented designers or creators, the copyright owner of the design who get their share of the sales from the smart contract automatically.
Mystery Boxes are sold in series. New mystery boxes will be sold at a fixed price of 99 USDT, after that its price will change throughout the life cycle according to a variety of factors.
The sale of Mystery Boxes has a limit of up to 10,000 sets per series, each set has 12 different types of characters, of which 11 are standard and 1 is hidden (with a 1% probability of occurrence), and each type of characters come with its own scarcity level.


What is MBC Token?

With no private placement, no reserve, and no pre-mining, the project’s goal is to create a trusted community-run space and a fully functional decentralized autonomous organization (DAO) where collectors can easily order, unbox, and exchange quality digital collectables that are developed by the most talented creators.
This trusted space is supported by Mystery Box Coin (MBC) token, a fungible token that are issued and distributed to the collectors according to the rules and regulations when they order or exchange the mystery boxes.
As a utility token, when collectors put a mystery box up on auction or swap, both sellers and buyers need to pay the fee using MBC tokens, the collected fees will be put into use according to the rules as agreed by the community.
As a governance token, MBC token holders have their voting power to participate in the governance of the community such as allows those who hold it to submit proposals, and vote on the changes to the rules and conditions, including how new mystery box series are approved, how profits are distributed, how much rewards to be given, which exchange to go with, when changes will take place etc.
The MBC token is expected to be listed on crypto markets and the value is expected to grow from $0.2~0.5 per unit to $0.5~2.0 in mid-term and $2.0~5.0 in longer term.


Cosmic Boy

Cosmic Boy is the first mystery box series that will be sold on the Mystery Swap, and here is his bio:
“Hello. I am Cosmic Boy. I was born in the #cyberpunk universe in 2038, created by William Ezra, one of the greatest scientists of the time. I’m a simple digital collectable and I love to make new friends whilst learning how to protect my identity and fight against cyber-crimes.”


What is the roadmap?

Milestone I – By Oct 2021
  • 1 to 3 mystery box series go live.
  • achieving 99,000 USDT sales targets.
  • mystery box swap zone version 1 design complete.

Milestone II – By Dec 2021
  • 10+ mystery boxes go live.
  • DAO autonomous system goes live.
  • achieving 990,000 USDT sales targets.
  • creators can sell mystery boxes directly.
  • mystery swap zone version 2 design complete.

Milestone III – By Dec 2022
  • mystery box swap zone version 2 goes live.
  • 900,000 USDT worth of mystery boxes are swapped.
  • achieving 4,000,000 USDT sales targets.
  • 1,200,000 USDT worth of mystery boxes are swapped.


Want to know more?

Mystery Swap is deployed on the testnet, visit www.mysteryswap.io to check out your first mystery box and our latest whitepaper!
2  Alternate cryptocurrencies / Mining (Altcoins) / [TTT]TrustNote for Mining: The Mineable Public DAG Ledger - DAG | POW | Equihash on: October 29, 2018, 06:41:57 AM
TrustNote for Miners
This thread is for TrustNote mining discussions. Technical questions about TrustNote mining software or related announcements and update will be posted here.

TrustNote is a distributed ledger technology and its development platform for the tokenized economy. TrustNote combines the Directed Acyclic Graph (DAG) ledger structure and Proof of Work (PoW) together to build a more scalable and more secured distributed ledger system.

Due to the complexity of the DAG technology, there are many challenges in the way of combining DAG and PoW all together, that is why TrustNote proposed a roadmap detailing the planned steps towards meeting the target.

For those who are interested, the major milestones its timelines are listed below:
  • TrustNote 1.0 mainnet (mining not supported) - launched on January 2018
  • TrustNote 2.0 testnet (alpha release with mining support) - launched on September 2018
  • TrustNote 2.0 testnet (beta release) – scheduled to be released on December 2018
  • TrustNote 2.0 mainnet – scheduled to go live by Q3 2019

Mining Rewards
The total mining reward on TrustNote mainnet will be 500 million MNs TTT, which is 50% of TrustNote’s total supply (1 billion MNs TTT).

Before Q3 2019, mining is only possible on the testnet, and the “TTT-test” tokens you mined on the testnet is not the same as the $TTT token that you can trade on the cryptocurrency markets.

But the good news is, to encourage miners participating the alpha testing and beta testing on the testnet, TrustNote will reward early miners with both $TTT tokens and $TFans tokens. Please check out our blog post for the latest mining rewards on offer.

Mining Software (for the testnet)
  • Linux - Mining client available here
  • Windows - Mining client available here
  • Mac OS - Mining client available here

Mining Pools
N/A for TrustNote 2.0 testnet alpha release

TrustME Specification (TrustNote PoW Censensus scheme)
The following specification is a proposal to the community, TrustNote reserve the rights to change the specification prior to the launch of TrustNote 2.0 mainnet based on community feedbacks.
  • Algorithm: Equihash
  • Total Supply: 1,000,000,000 MNs (1 billion TTT)
  • Total Supply for Mining: 500,000,000 MNs (500 million TTT)
  • Deposit: 500,000 MNs (500 thousand TTT)
  • Coinbase reward: 217.59 MNs for each consensus round in the first year, after which the coinbase reward decays year by year
  • Division of coinbase rewards: 10% to TOP TFans token holders, 10% to the TrustNote foundation funds, 80% miners reward
  • Consensus Round Time (Blocktime):  About 2.5 minute per round
  • Total number of consensus round: 4,204,800 (20 years)
  • Documentation: https://github.com/trustnote/document

TrustNote Explorers

TrustNote Wallet

Buy or Sell TTT

How-to Mine & Tutorials

Find out more about TrustNote
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