🧠General Observation
An overview of Mining and RWA Tokenization
Qwikmine seeks to introduce a new concept in the ERC-20 space by means of tokenizing revenue share from hosting solutions undertaken in the mining datacenter. Holders of the QWIK token are eligible for a share in revenue generated by the datacenter. This revenue comes from monthly fees invoiced to the customers who have leveraged the cloud hosting solutions provided by Qwikmine. With multiple Datacenters located across geographies currently serving clients globally, we remain in a strong position to be the leader in the tokenized mining space.
Being an as yet unexplored concept in the RWA (Real World Asset) space, the Qwikmine project and its token QWIK is an experimental attempt at bridging the gap between digital and real. The token provides a platform for Ethereum users to participate in the revenue share of a Mining Datacenter. The Mining Datacenter on the other hand is able to sustain operations by retaining a portion of the revenue as well as from the Trading Fees generated by the tokens transaction volume.
The generated tax therefore is to be utilized for scale and growth which in turn is expected to fuel increased MW and hosting capabilities that can allow the project to onboard new clients
Qwikmine already facilitates multiple projects in the ERC-20 space to tap into the POW Mining world allowing for seamless RWA interaction between onchain users and real world business that engage in Cryptocurrency Mining as an activity
Holders of the QWIK token remain insulated from price swings of the mined crypto considering the revenue generated is not from the coins but from the fixed fees invoiced every month to customers of the DC. The coin price plays a negligible role as the typical miner continues to churn through periods of market troughs and peaks as seen during the 2022-23 bear market. However we remain cognizant that cryptocurrency at large is a risk asset that requires careful consideration by the investor community
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