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Homeweb3.0Overview of WXM coin, methods of mining and airdrop acquisition

Overview of WXM coin, methods of mining and airdrop acquisition

Jan 26, 2024 pm 01:27 PM
What currency is wxm?How to mine wxmGet wxm coin airdrop

php Xiaobian Yuzi introduces you to WXM currency. WXM is an emerging cryptocurrency with high development potential. Mining WXM coins is obtained by participating in the confirmation and verification process of the blockchain network through computer computing power. You can perform mining operations in a suitable mining pool by downloading and installing the WXM mining software. Additionally, another way to obtain WXM coins is by participating in airdrop events. Airdrop means that the project team distributes a certain number of coins to participants for free in the early stages of currency issuance. You can follow WXM’s official social media channels to keep up to date with airdrop activities and participate. Hope the above information is helpful to you!

Users can obtain corresponding token rewards by collecting and providing weather data. Anyone has the opportunity to become a weather station operator and provide accurate weather services to traditional enterprises, users and Web3 protocols. In September this year, WeatherXM reached the milestone of setting up one million sites in 71 countries around the world and will airdrop 3 million tokens to early participants.

WeatherXM Token: WXM

Overview of WXM coin, methods of mining and airdrop acquisition

WXM is an ERC-20 token in the weather data economy created by WeatherXM. Weather station managers receive WXM based on their contributions to the network. According to official news, WeatherXM is currently distributing reward tokens on the Polygon Mumbai testnet, and the WXM token is expected to be officially launched in the fourth quarter of 2023.

WXM token usage

・Weather mining: $WXM tokens are mainly used for mining rewards for weather station owners.

・Governance voting: Community members can use $WXM to vote for future official DAO construction or community proposals.

・Ecological payment: Enterprises that need relevant information use $WXM to purchase weather data.

WXM Tokenomics Tokenomics

$WXM is an ERC-20 token with a total supply of 100,000,000.

WXM Coin Distribution Project WXM Coin Distribution Number
52% Weather Station Reward ・52,000,000 will be distributed to the weather station owner as a reward
30% to the team and early investors ・30,000,000 will be distributed to the team and early investors
10% Ecosystem Development ・10,000,000 for ecological development
5% Liquidity Support ・5,000,000 used to provide liquidity
3% airdrop to early participants ・3,000,000 airdropped to early testers

How to mine WXM / How to obtain WXM coin airdrop

Overview of WXM coin, methods of mining and airdrop acquisition

To carry out weather mining, you must first have a weather information collection device that meets official standards to obtain temperature, humidity, Data such as solar radiation, atmospheric pressure, wind speed and direction, and rainfall. Currently, you can purchase it directly from the official website, and the equipment cost is about US$300 to US$400.

Equipment name Equipment price (USD) Suitable location
WB1000 | WiFi 400 (Special offer 340) Suitable for areas with stable Wi-Fi connections, providing real-time data updates, friendly interface and seamless integration with smart devices, very suitable for homes and businesses.
WS2000 | Helium-LoRaWAN 400 (special price 340) Suitable for remote areas or areas with limited network connections. Utilize Helium network and LoRaWAN technology to ensure long-distance, low-power data transmission.
WB3000 | 4G-LTE Not yet sold Suitable for (rural) areas without Wi-Fi but with 4G signal coverage, with 4G Versatile selection of connected areas allows for easy setup and ensures fast data transfer.

Suitable for (rural) areas without Wi-Fi but with 4G signal coverage, a versatile option for areas with 4G connectivity that can be easily set up and ensures fast data transmission.

After installing weather equipment, mining machines and connected wallets, you can obtain token rewards based on coverage (density of weather stations in a certain area) and weather data quality. Those who are interested can further go to the official white paper to read the equipment installation instructions and deployment case sharing. It seems to be more suitable for setting up in an open place with no obstructions or obstacles around.

Currently, as long as those who participate in the test before the official launch of the main network can share a total of 3 million airdrop tokens based on their contribution, please refer to the official article for the detailed airdrop distribution mechanism and schedule.

The above is the detailed content of Overview of WXM coin, methods of mining and airdrop acquisition. For more information, please follow other related articles on the PHP Chinese website!

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