MineX: The Smartphone Mining Revolution – An Exclusive Interview with the Creator

MineX is a project that redefines the concept of mining, making it accessible to everyone. How does the app manage to seamlessly integrate TON, Telegram, and an innovative token approach? To uncover these answers, we interviewed Ivan, the founder of MineX, to explore their journey to success, inspirations, and the bright future awaiting the project.

About the Project and Its Concept

• How would you describe your project in one sentence to someone hearing about it for the first time?

MineX is an app integrated with TON and Telegram that enables users to mine TON tokens directly from their smartphones, eliminating the need for expensive equipment or high costs like in Bitcoin’s early days.

• What is the main goal or idea behind your project?

We aim to rethink the process of token launch and distribution. Our goal is to provide founders with innovative tools while offering users a fair and convenient way to mine tokens without meaningless clicks or tasks.

• What makes your project stand out from competitors?

We deliver frequent updates - around 1-2 per month - and constantly implement fresh ideas without looking back at competitors. The combination of mining, staking, and our upcoming features makes MineX unique. These features are designed to expand functionality and enhance the project’s appeal, keeping us ahead of the curve.

• Who is your target audience? What problems are you solving for them?

MineX is designed for a broad audience. Newcomers can easily enter the mining world without complexities. Experienced miners, frustrated with the unprofitability of traditional methods, will find a fresh approach in MineX. Additionally, we attract users from our main project, Things, which is launching an RWA platform in Q1 2025.

The Team and Project’s Journey

• Who is behind all of this? Tell us about your team – who you are and what inspires you.

Our team consists of five members, three of whom work full-time: myself, our community leader Katya, and our technical director, who handles all development. The other two assist with design and other tasks as needed.

• What has been the most challenging moment in the project’s journey, and how did you handle it?

The most difficult moment was when a server failure at the data center caused the app to go offline for nearly a day. Instead of panicking, our users turned the chat into a space for jokes and lively discussions, showing incredible support. This strengthened our belief in both the project and our amazing community.

• What in your background prepared you perfectly for creating this project?

The key lesson we’ve learned is the importance of flexibility in the crypto market. Instead of planning several quarters ahead, we now focus on short-term goals to adapt quickly to the industry’s rapid changes.

Mechanics and Tokenomics

• How do the main mechanics of your project work?

We’ve made mining simple, fun, and profitable. The core feature is virtual GPUs that mine real tokens, which you can withdraw instantly. GPUs must be activated and rewards collected every 36 hours or more frequently; otherwise, tokens are burned.

To enhance convenience, we offer helpful boosters:

1. PowerFlow: Automatically activates GPUs.
2. Multiple GPU: Allows owning multiple GPUs for increased earnings.

Mined tokens can be withdrawn to a TON wallet, staked in-app for over 100% annual returns, or reinvested in new GPUs to multiply income.

For maximum earnings, we offer a premium subscription that increases mining speed by 15%. This is especially beneficial for those preparing for halving or simply looking to maximize their profits.

Each week, we burn 25% of all app purchases, maintaining token value. To date, we’ve burned over $100,000 worth of tokens. Additionally, our halving mechanics gradually reduce rewards, increasing their scarcity and driving user activity.

Soon, the app will introduce new tokens for mining, which we believe will elevate the project to new heights and attract even more users.

• How is your tokenomics structured?

The total supply is 1 billion MineX tokens. Of these, 750 million are in the mining pool treasury for user rewards, and 150 million are locked to ensure liquidity on DEXs. We’ve already burned over 70 million tokens. Half of all revenue from purchases goes back into the mining pool, 25% is burned, and the remaining 25% funds project development.

• How can users get MineX?

There are three ways: purchase it on DEX platforms like DYOR.io or DeDust, mine it through our app, or participate in giveaways in our Telegram channel and chat.

• Are there use cases for the token within the project ecosystem?

Yes. MineX is used for mining and staking, with 90% of in-app purchases made using it. As new tokens for mining are added, users will need MineX to acquire virtual GPUs, driving demand and strengthening the ecosystem.

• What measures do you take to prevent price manipulation or dumps?

We avoid interfering in market processes, trusting the natural balance of supply and demand. Our deflationary tokenomics and halving mechanics create conditions for sustainable long-term value growth.

Partnerships and Support

• Are you supported by major players – investors, partners, or mentors?

We’ve received significant moral support from TON project leaders and influencers, which, while intangible, means a great deal to us. We don’t have investors or partners; we prefer to follow our independent vision and strategy.

• Have you conducted presales or investment rounds? If so, what were the results, and who supported you?

We haven’t conducted presales or investment rounds for this project.

Updates and Future Plans

• Where’s the best place to follow your updates and news?

Through our official channels:

Russian: https://t.me/minex_ru

English: https://t.me/minex_en

• What are your immediate plans? What’s next for MineX?

We are actively working on integrating mining pools into the app. Soon after, users will be able to mine new third-party tokens, giving them the freedom to choose tokens that align with their interests.

Between the Lines: On What Matters and the Personal

• What makes you most proud of your project? What do you look at and think, “Yes, this is awesome”?

Our users are the heart of everything we do, and they are what makes us proud. They actively help improve the app by reporting bugs and suggesting ideas. Thanks to them, we’re confident we’re creating not just a product but a living system.

• If you could give yourself one piece of advice at the start of the project, what would it be?

Add Russian localization from the very beginning. Our strong Russian-speaking community would have found it much easier to start.

• What is your ultimate dream? What do you want to change in the world with this project?

Global dreams aren’t meant to be announced.😊

• What’s the main message you want to share with your audience?

Mining is now easy and accessible to everyone. Join us!
And, of course, Happy New Year to all! 🎉