Press release. “Play & Earn” is no longer an unfamiliar term to most GameFi believers. Recently, Remitano Network, a blockchain network under Remitano, launched a novel airdrop in the form of “Play to Earn”, allowing users to own the network’s RENEC tokens in the form of “group mining”.
Starting with Remitano.com’s free daily RENEC personal mining, users can now mine together in groups to get more RENEC token airdrops as a reward. Each mining pool is called a mining room, and after 24 hours, team members will fork out more RENEC than solo mining.
This is a fairly new form of airdrop on the market, making traditional airdrops less boring.
Getting involved is very simple. You just need to sign up for a free Remitano account and start mining solo or in groups.
Try RENEC Mining for Free here!
Reference official RENEC White Paper.
The RENEC mining program is limited up to the end of Q3 2022, so the sooner you join, the better your chances of having more exchange tokens.
Remitano Network launches testnet
In early April 2022, the Remitano network team successfully launched a testnet (Testnet) that promises that Remitano, a 9-year-old cryptocurrency exchange, will shine in the blockchain world.
The testnet network was launched with the advent of the testnet RENEC wallet, allowing registered users to receive 100 test RENECs in the wallet.You can also sign up to receive 100 RENEC to the testnet wallet here.
The RENEC mainnet is expected to launch sometime between the end of Q2 and Q3 2022, which is when the RENEC airdrop program ends.
Potential of Remitano Network
Aside from taking advantage of owning the RENEC Token from now on, the community is perhaps most interested in which applications will appear on the network first.
While the development team has yet to officially announce the first applications running on the network, based on observations of recent Remitano-based activity, we can predict their next move. Here’s what we’ve been able to observe recently:
First, according to the development roadmap mentioned in the RENEC white paper, a decentralized exchange will appear on the Remitano network this year. This is the basic step and premise of many blockchain networks today.
Also in the white paper, Remitano talks about enabling P2P transactions between cryptocurrencies and fiat currencies on the blockchain, as well as decentralized KYC services. Imagine that RENEC will be the first blockchain to support uphill without users having to go through a centralized exchange.
What does this mean for developers of decentralized applications (dApps)? Take popular money-making games such as AXEI and STEPN as an example. New users must register multiple times on various exchanges to convert between fiat and cryptocurrencies before they can start participating in the app. This creates a huge hurdle for new users, leaving developers limited in terms of audience.
With Remitano Network supporting decentralized KYC on the blockchain, P2P fiat-to-crypto transactions can take place directly in decentralized applications. Allows users to easily cash out directly in the app without having to walk around or require extensive blockchain knowledge. For app developers, this means reaching the general population and easily reaching new users.
NFT5, BombCrypto and ToCom appear to be pioneer projects for this approach.
However, what few people have noticed is that in 2022, it is Remitano that has entered into a strategic alliance with Remitano NFT5.io. Therefore, it is foreseeable that in the near future, NFT will become one of the main applications on this blockchain network.
At the same time, by the end of 2021, Remitano will also cooperate with Bomb cryptocurrencyan NFT game of the Play to Earn genre.
According to unofficial sources, Remitano will invest in and develop a GameFi community in the form of Play to Earn to foster community interest in blockchain and cryptocurrencies in general. A website recently shared by the GameFi community is called https://tocom.io/ Said to be developed by Remitano.
Connecting the above facts, we can imagine the future picture of Remitano Network Blockchain. Do you think the growth potential of the network is very high?
Remitano is one of the largest peer-to-peer (p2p) cryptocurrency exchanges in the world, currently serving users in more than 30 countries.The platform offers a hosted p2p crypto marketplace that allows users to buy bitcoin And cryptocurrencies are easy and safe. Remitano is the market leader in p2p platforms with an intuitive and user-friendly interface, 24/7 customer support, and the lowest fees in the industry.
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