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HomeCOINSSKYPlay(SKP) Coin Guide & Detailed Review

SKYPlay(SKP) Coin Guide & Detailed Review

REVIEW OVERVIEW

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Trust Score
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Development Score

About SKYPlay

Creating a brand new blockchain ecosystem culture for all content providers and users from your own unique and innovative SKYPlay blockchain platform. Users can mine & Create their own content to monetize their assets by using your secure trading platform. This creates the token economy and much more added value for participants and communities. This is a decentralized mining platform that creates a token secured by actively operating Bitcoin mining equipment. This equipment is tokenized by the BTCMT token, each of which equals a unit of actively operating Bitcoin mining power. Holding the token is effectively equivalent to owning Bitcoin mining power. Therefore, its fair market value can be determined using the DCF method.

The BTCMT token is based on the HECO blockchain and the Minto project is part of the Huobi chain ecosystem. SKYPlay token is backed by a state-of-the-art data center located in Karelia, which houses the Project’s mining operation. The 86,000-square-meter data center is just 2 years old and has been fitted with the most powerful mining equipment available. Power for the mining equipment is supplied via a private hydroelectric plant with a current cap of 64.5 MW, which ensures that the facility always has more than enough available power.

SKYPlay Basic Points Table

Coin BasicInformation
Coin NameSKYPlay
Short NameSKP
Circulating SupplyN/A
Total Supply10,000,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Who Are The Founders of SKYPlay

……………………………………………………………..?

Temporary Pool

Once the total energy efficiency in the Temporary Pool is successfully brought to the baseline level, the Project, with the consent of the owners of the mining capacity, will move all of the capacity to the Project Tokenized Pool and issue 1 BTCMT for every 0.01 TH added. If the base level is not reached, no tokens will be issued, and the mining capacity will wait to be brought to the base level again. The total number of tokens in circulation must generate at least that amount of mining power, the equivalent of which all tokens in circulation represent.

As described later, partner mining pool will act as an independent auditor and periodically publish reports confirming that BTCMT is fully supplied with mining capacity. For example, if the blockchain shows that there are 1,500,000.00 tokens in circulation, then the project must have a Bitcoin mining capacity of at least 15,000.00 TH.

Rewards distribution

BTCMT receives rewards from Bitcoin mining centrally and distributes rewards to holders in a decentralized manner. The Project has a partnership with a reputable mining pool (Huobi pool) one of the 5 largest pools in the world, where it receives rewards from Bitcoin mining. The project will allocate all of its mining power to that pool in exchange for the rewards from mining, which will be calculated and distributed by the pool.

Based on worldwide mining statistics, the project calculates that the downtime of mining facilities may be up to 8% per year. The centralization of this step is necessary to ensure accountability and efficiency the mining pool will act as an independent service provider and auditor, monitoring the sufficiency of the project’s mining capacity.

Why Choose SKYPlay

The company owns a large mining data center, whose creation is the result of extensive work. The company is a national leader in mining and hosting and owns the largest cluster of data centers in the country, in terms of square footage and total hash rate. All real estate, land, and equipment is fully owned by the Project. The team has established themselves as high-level professionals in front of F2Pool, Canaan and Slush Pool.

Where Can You Buy SKYPlay (SKP)?

SKYPlay Tokens Can Be Purchased On Most Exchanges. One Choice To Trade Is On MEXC, As It Has The Highest SKP/USDT.e Trading Volume, $8,947 As Of February 2021. Next is OKEx, With A Trading Volume Of $6,180,82. Other option To Trade Include SKP/USDT And Huobi Global. Of Course, It Is Important To Note That Investing In Cryptocurrency Comes With A Risk, Just Like Any Other Investment Opportunity.

Market Screenshot

SKYPlay Market Screenshot

SKYPlay Supported Wallet

Several Browser And Mobile App Based Wallets Support SKYPlay. Here Is Example Of Wallet Which Support SKYPlay – Trust Wallet For Hardware Ledger Nano.

Roadmap

SKYPlay Roadmap

FAQ Of SKYPlay

Where I Can Find SKYPlay Whitepaper?

You Can Find SKYPlay Whitepaper By Clicking Here.

Where I Can Buy/Sell Balancer Token?

You Can Buy or Sell Balancer Token On Some Popular Exchange For Example – MEXC.

What is Circulating Supply Of Balancer Token?

Circulating Supply Of Balancer Token Is N/A.

Nile
Nile
Nile Is Very Old Author At Wootfi Blog . We Loves To Write About Altcoin , ICO & Defi . In Free Time He Loves To Play Football .
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About SKYPlay Creating a brand new blockchain ecosystem culture for all content providers and users from your own unique and innovative SKYPlay blockchain platform. Users can mine & Create their own content to monetize their assets by using your secure trading platform. This creates the...SKYPlay(SKP) Coin Guide & Detailed Review