By the way, NEOX is not the only recent addition to the 2Miners pool. After Ethereum's upgrade, third-party developers launched the blockchain fork on the Proof-of-Work consensus algorithm, and you can already mine this network's coin called ETHW in the pool.
As of today, over 18,000 people are mining ETHW. Meanwhile, Neoxa is also growing in popularity, so let’s get into it.
What Is Neoxa NEOX? Cryptocurrency Specs
According to the main page of the project’s website, Neoxa is a secure decentralized blockchain for gamers, developers, and miners. Neoxa launched in the second quarter of 2022.
The focus on gamers is intentional. Neoxa claims to be revolutionizing the gaming industry using decentralized blockchain technology. The goal of the project is to ensure that users get rewarded for playing and developing games.
Let’s look at the vision of the developing team. They say that the Neoxa Ecosystem depends on various aspects. To keep the blockchain functioning Neoxa relies on miners. 5% of the block reward structure goes to marketing and developer funding for current and future gaming developers listed in the NEOX Marketplace.
The main thing that makes Neoxa different is that you can earn the cryptocurrency not only by mining, but also by playing games. It is possible thanks to the combination of the popular Proof-of-Work consensus algorithm with the newly implemented Proof-of-Game (PoG). Simply put, a part of the block reward will be redirected to gamers.
The developers say that miners and gamers used to be separate communities, which among other things resulted in a graphics card shortage. Now, these worlds can unite and get their share.
How much of a share? The official website says that during the first year, 85% of the block fee will go to miners and 10% – to gamers. During the second year, it will be 75% and 20%, and during the third year – 55% and 40%, respectively.
During the fourth year, gamers will get 60% of the block fee, while miners will get 35%. Developers and marketing will get 5% of the block fee during the whole four-year period.
Neoxa’s developers say that this is the first project to use such a reward distribution mechanism.
Today you can earn NEOX by playing two games: Rust and Minecraft, and you will get coins only if you are active on specific servers.
Also, to become part of the so-called NeoxaCraft (Neoxa’s Minecraft server), you need to create an account and indicate your wallet address. You can find more…
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