Announcements that excite the community are coming one after another from the Pi platform. According to the team’s latest X (Twitter) post, a hackathon is being held to develop an application that finds local businesses that accept PI Coin. It is stated that Pi Commerce Hackathon will take place between February 1 and March 3.
To support this hackathon, the core team developed a prototype for a trading application that developers could build on. This hackathon aims to bring together Pioneer developers to contribute to the development of this utility and advance the goals of the Open Network.
The announcement also instructed developers to register to participate in the hackathon and receive the application prototype and mockups via the network’s GitHub page. As it is known, Pi Coin is expected to appear on the Open Network. This news, which came after token owners had been waiting for a long time, created great excitement in the community. On the other hand, the community started to research Pi coin alternative coins. Highlights included Bitcoin Minetrix and the eTukTuk project.
Cloud Mining Opens to Everyone with Bitcoin Minetrix
Bitcoin Minetrix is an innovative project that uses a “stake-to-mine” approach that allows individuals to participate in cloud mining of Bitcoin without the need for mining hardware or special technical knowledge.
The platform is a protocol built on the Ethereum blockchain and allows users to get started using an Ethereum Virtual Machine (EVM) compatible wallet such as MetaMask.
Bitcoin Minetrix works on the principle of users staking BTCMTX tokens to obtain Bitcoin mining credits that can be exchanged for cloud mining power. Bitcoin Minetrix tokens can be purchased and staked immediately. Ultimately, this results in obtaining Bitcoin without any cost.
The project addresses several key challenges in Bitcoin mining, particularly the significant hurdles ordinary cryptocurrency users face when trying to break into this space.
Even though other networks also address this problem, the solution of this platform differs by purchasing and using the Bitcoin Minetrix token in a decentralized and transparent manner, protected by the Ethereum network.
BTCMTX coin eliminates the possibility of cloud mining fraud, which previously existed and was a major concern. Another advantage of Bitcoin Minetrix is its close connection with Bitcoin, which is on the verge of a major halving event. Bitcoin halving occurs every four years and reduces the amount of newly produced Bitcoin by half. This results in a limited supply and triggers fear of missing out (FOMO) among investors.
The pre-sale activity of the project is also impressive. In the event where more than 10.3 million dollars have been raised so far, 1 BTCMTX can be obtained for $ 0.0133. However, it should not be forgotten that this price will increase after three days.
Considering that Bitcoin Minetrix incentives are distributed in real Bitcoin and users need the BTCMTX token to stake, there is the possibility of a significant increase in demand.
eTukTuk Token Attracts Attention with Attractive Stake Rewards
eTukTuk is at the forefront of the environmentally conscious AI movement, offering a state-of-the-art and sustainable transportation option. That’s why the number of people who want to buy eTukTuk tokens has been increasing recently. One of the most popular cryptocurrency projects of 2024, eTukTuk’s TUK token presale has already raised over $793K in funding and offers lucrative staking benefits to early investors.
eTukTuk is creating a transportation network that uses artificial intelligence to prioritize sustainability and optimize efficiency. The aim of the project is to transform transportation infrastructure in underdeveloped countries by building a network of electric vehicles, charging stations and a blockchain platform to facilitate effortless payments and coordination.
Investors are eagerly purchasing and staking TUK tokens to benefit from the extremely high 277 percent APY staking rewards currently available. Staking offers a reliable source of passive income for individuals who own tokens.
Staking motivates token holders to immobilize the supply rather than trading tokens, creating a natural demand for the token. As the number of staked tokens increases, the available supply decreases, which can have a positive impact on the price in the long run.
The core feature of eTukTuk is an artificial intelligence system that uses artificial intelligence to optimize electric vehicle routes, ensuring the highest level of efficiency. Using the most up-to-date information on traffic, trip demand and vehicle conditions, the artificial intelligence system facilitates flexible route planning to reduce distance traveled and minimize the release of carbon emissions. This smart system is said to encourage the adoption of environmentally sustainable travel options.
TUK, the cryptocurrency of the project, is a token that complies with the BEP-20 standard and operates on the Binance Smart Chain network. The maximum amount of tokens available is limited to 2 billion. In the current pre-sale phase, tokens can be purchased at a very affordable price of $0.02625 per token.
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