The Token — BeMine | Pawā
Last updated
Last updated
Pawā is a utility token that offers cost-cutting options for equipment owners and potential mining contributors. It already acts as a price-cutter for maintenance of ASIC machines and provides large discounts on modern equipment. But in the future, it will also serve as a fee-cutting tool for P2P trading of ASIC’s shares. When another NFT mining farm is legally and functionally ready then selling of its shares begins.
To mine Bitcoin, you require equipment for decrypting transaction blocks called ASIC miners. Apart from offering streamlined service and the cheapest electricity rates in the world, we now have Pawā that provides great discounts for purchasing mining equipment and services.
first of all, tokenization makes it difficult for hackers to access cardholder data compared to older systems in which credit card numbers were stored in databases and freely exchanged over networks;
in comparison with encryption, tokenization is much easier and more reliable: the main advantage is that tokenization allows you to store sensitive data only in one place, whereas encryption involves storing confidential information simultaneously in different access points, which significantly increases the risk of leakage. Moreover, tokenization is a less resource-intensive process than encryption;
tokenization of assets on the blockchain excludes a large number of intermediaries from the chain, since the blockchain technology itself is able to ensure the integrity of the transaction and the security of storing tokens, and the fewer intermediaries, the lower the cost of the transaction fee;
another advantage is the divisibility of any asset from the real world into an unlimited number of tokens, each of which will be a virtual share, which contributes to the transformation of low-liquid assets into highly liquid ones;
the next advantage is transparency and accessibility in relation to transactional data: any user can trace the movement of the token, view information about transactions made with it, which increases trust in the asset. All this is provided by blockchain technology, which guarantees the authenticity of any token movement and gives it a level of reliability that most digital assets do not possess;
in addition to all of the above, tokenization of assets also provides certain additional opportunities: tokens can not only be exchanged or stored, but also used as collateral to ensure the execution of transactions.
With Pawā tokens, you can reduce the cost of the machine and its maintenance by up to 50%, which significantly accelerates the payback of mining. But that's not all:
The referral system within the service is becoming much more friendly to various user communities and influencers
PAWA token hodling significantly reduces the minimum withdrawal threshold from the service, which opens up the possibility of entering the mining business to an even larger number of small and medium investors
The use of a token model in the cloud mining industry is an effective way to increase user engagement and loyalty, while also providing cost-effective and flexible options for purchasing mining equipment and services.
BeMine's Pawā token provides a range of benefits for users, including discounts, access to exclusive services, and a decentralized governance structure.
Token is used as a form of payment for the service, providing a fast and secure way for users to purchase mining capacity. This helps to ease the stress involved in purchasing mining equipment, as well as providing a secure and easy way to do so. By using a token model, BeMine is able to provide a more efficient and effective service to its users, while also creating a strong and engaged user community that is committed to the long-term success of the service.
it is used to offer discounts or other incentives to encourage users to purchase mining capacity or to participate in the community. This helps to increase user engagement and loyalty, and will drive demand for the token. By offering discounts and incentives, BeMine is able to attract more users to the platform, which can help to increase the overall profitability of the service, capitalisation of token and affect its price.
Tokens are also used to provide access to exclusive features and services, such as premium mining opportunities and access to advanced analytics tools. This helps to ensure that users have access to the latest and most powerful mining equipment and tools, which can help to improve their chances of earning rewards from mining activities. By providing access to exclusive features and services, BeMine is able to create a more valuable and attractive service for its users.
Finally, tokens will be used to create a decentralized governance structure for the cloud mining service, allowing users to participate in the decision-making process and help to shape the future of the service. This will help to create a strong community and sense of ownership among users, which can help to improve the transparency and accountability of the service. By creating a decentralized governance structure, BeMine is able to ensure that its users have a voice in the direction and development of the service, which can help to improve the overall quality and effectiveness of the service.
The Pawā concept could change the cloud mining industry, allowing new people and cash flows to enter cryptocurrency mining and seriously impacting the reliability and profitability of mining as a business. This includes the possibility of safeguarding and increasing your investment capital.
The financial world is irreversibly changing due to the emergence of distributed ledgers and transaction confirmation algorithms. BeMine is at the heart of these changes, and can adapt to constantly changing conditions, making it a reliable partner in the digital finance market.
BeMine's entry into DeFi will mark a new milestone in the industry of block decryption, providing unprecedented transparency and security to the cryptocurrency mining industry.
Below is the short list of highlights of the PAWA token, as well as the scenarios in which we expect it to be used:
Inside BeMine:
Purchasing shares of ASICs
Purchasing ASIC NFTs
Payment for electricity and maintenance of purchased/hosted capacities
Discount function
Referral Royalties (RR)
Outside BeMine:
Merchandise and physical goods shopping
DAO voting
Bug hunting, bounties, and rewards
Hosting mining equipment
Supporting mining-oriented research
Maintaining mining infrastructure
We do not consider the above list of scenarios for using the PAWA token to be exhaustive. As the BeMine service develops and expands its sphere of influence, the company plans to also increase the functionality for the token. In this context, the company's goal is to implement the token in the greatest number of scenarios.
