Neoxa (NEOXA) lets gamers earn crypto by playing existing games. More
Fully Diluted Valuation | $1.21M |
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24H Trading Volume | $20,943 |
24H Low / High | $0.00 / $ 0.00 |
Circulating Supply | 8.50B |
Total Supply | 8.54B |
Max Supply | 21.00B |
Categories | Masternodes 7 more |
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Founder | Andy Niemand |
Website | neoxa.net |
Socials | 2 more |
Explorer | Neoxa 1 more |
Name | Pair | OG Score |
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Neoxa: Bridging the Gap Between Gaming and Crypto with Play2Earn and Unique Features
Founded in 2022 by Andy Niemand, Neoxa is a blockchain project seeking to bridge the gap between the gaming and cryptocurrency worlds. It offers a unique Play2Earn (P2E) model that allows gamers to earn NEOX tokens by playing their favorite games, without the need for upfront investments in Non-Fungible Tokens (NFTs). This approach aims to make crypto gaming more accessible to a wider audience.
Beyond Play2Earn: Unique Features of Neoxa
Neoxa stands out from other blockchain gaming projects through several key features:
Hybrid Consensus Mechanism: Neoxa utilizes a hybrid consensus mechanism combining Proof of Work (PoW) and Proof of Gaming (PoG). While PoW secures the network, PoG allocates a portion of block rewards to gamers based on their in-game activities, incentivizing participation and contributing to network security.
Integration with Established Games: Instead of developing its own game, Neoxa integrates with existing popular games like Rust and Minecraft, leveraging their existing player base and avoiding the challenges of creating a successful game from scratch.
Passive Burning Mechanism: For games that cannot be directly integrated into the Neoxa marketplace, such as Dota 2 and Fortnite, a passive burning mechanism burns a portion of earned NEOX tokens until a specific amount is reached. This helps control token supply and potentially increase its value over time.
Smartnode System: Neoxa's Smartnode system offers various benefits like privacy, faster transactions, governance rights, passive income, and potential future functionalities like streaming and game server hosting.
The Future of Neoxa
Neoxa's innovative approach to Play2Earn, combined with its unique features, has the potential to disrupt the gaming and cryptocurrency industries. As the project progresses, it will be interesting to see how it addresses challenges, attracts investors and partners, and evolves its offerings to meet the ever-changing needs of the gaming community.
Neoxa lets gamers directly earn cryptocurrency by playing existing popular games, without requiring upfront investments in NFTs, and utilizes a hybrid consensus mechanism combining Proof of Work (PoW) and Proof of Gaming (PoG).
Neoxa was founded by Andy Niemand in 2022.
You can buy Neoxa (NEOX) on MEXC, CoinEx cryptocurrency exchanges.
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