Tuesday, May 30, 2023
  • Home
  • Crypto
  • DEFI
  • NFT
  • Press Release
  • Contact Us
No Result
View All Result
No Result
View All Result
Home Press Release

Deeper Network Announced Long-Awaited Genesis Node Mining Event

Betty Snyder by Betty Snyder
July 29, 2021
in Press Release
0
Deeper Network Announced Long-Awaited Genesis Node Mining Event
599
SHARES
3.3k
VIEWS

Notice: Undefined offset: 1 in /home/cryptoate/public_html/wp-content/themes/jnews/class/ContentTag.php on line 86

Notice: Undefined offset: 1 in /home/cryptoate/public_html/wp-content/themes/jnews/class/ContentTag.php on line 86

SANTA CLARA, USA – July 26th, 2021 – Deeper Network, the decentralized infrastructure for Web 3.0, is announcing that the launch of their long-awaited Genesis Node Mining event will begin today. This will allow users who contribute bandwidth to the deeper network access to rewards. The incentivization will serve to power the Deeper Network to deliver a more secure private and fair internet for everyone. To increase the interest in the launch, Deeper Network has also announced special limited-edition rewards for participants in phase one of the mining. 

Overview

Deeper Network is a decentralized network built on blockchain that delivers network security through a sharing economy thus creating a fairer internet. The network is built on top of Deeper’s revolutionary hardware, The Deeper Connect, that allows users to become a node in the network and then act as both client and server in the next stage of evolution for the internet. AtomOS is the world’s first lock-free operating system and is the software that powers Deeper. User’s data sent on Deeper cannot be logged, leaked, hacked, or subpoenaed because it is distributed across a serverless network, making it one of the most secure ways to transmit data.

Deeper Network is building a network that will empower people to fight censorship, safeguard privacy and recapture their internet freedom. The project has already garnered a lot of interest across the crypto sphere as evidenced by the interest in Deeper Network’s Deeper Connect Mini and Nano which have sold out multiple times since the beginning of 2020. A retail partner of Deeper, StackCommerce sold out 2,000 Deeper Connect Nanos in just a few days, while Indiegogo, the world’s top crowdfunding platform, sold out more than 5,000 units in just a week. 

In order for Deeper Network to fulfill its potential, it is vitally important that its users supply bandwidth to the Network through their Genesis Node Miner. Genesis Node Mining is so essential because it incentivizes Deeper’s users to provide the bandwidth that will lay the foundation for the entire network. 

Rewards will be paid out in Deeper Network’s native token, DPR, which stands at the centre of the entire ecosystem. There are a total of 10 billion DPR tokens, 60% of which are allocated for mining incentives. To highlight how significant a step this is for the development of this project, 30% of the tokens allocated for mining rewards, 1.8 billion DPR tokens, are reserved for The Genesis Mining event. 

To further incentivize participation in the Genesis Mining, participants in phase one will receive a free limited-edition 24k gold plated Genesis Node Miner which will become a rare and valuable collectors item. There has been immense interest surrounding this event globally and many have been awaiting its official announcement. In order to participate in the Genesis Mining, participants must be on the whitelist. Deeper Network is committed to a fair launch and as such, the whitelist is open to anyone as long as Deeper can ship the Genesis node minor to the participant’s address.

For more information about The Genesis Node Mining and on how to participate, check out Deeper’s Medium for the details HERE. 

About Deeper Network 

Deeper Network is the decentralized and secure gateway to a more democratic internet. The project aims to empower every household with a better internet experience and become the de facto portal to Web 3.0. Deeper Network’s flagship hardware line, the Deeper Connect, is the world’s first blockchain-powered gateway that enables users to securely and privately browse the internet free of censorship.

Deeper Network is led by a team of seasoned industry professionals whose backgrounds include Intel, Amazon, CoinMarketCap and Quantum. Their products are sold on Amazon, Best Buy and Indiegogo with over 10,000 units already sold.

Website | Twitter | Telegram | Facebook | LinkedIn | Reddit

You might also like

Symbiosis Adds Arbitrum Nova to Expand DeFi Connectivity

Symbiosis, the innovative cross-chain DEX, now launches its token on the zkSync chain

Tune.FM’s New Music NFT Marketplace Will Disrupt the Music Industry

Previous Post

The Graph to use Polygon for its billing system

Next Post

Doge Smeagol: A Meme Coin With A Diverse And Fun-Loving Community

Betty Snyder

Betty Snyder

I’m a cryptocurrency and blockchain technology writer. My work has been featured in major publications such as CoinDesk, Bitcoin Magazine, and VentureBeat. I’ve been a respected voice in the cryptocurrency community and my insights into the industry have helped shape its development.

Related Posts

Press Release

Symbiosis Adds Arbitrum Nova to Expand DeFi Connectivity

by Alverta O'Conner
May 25, 2023
Symbiosis, the innovative cross-chain DEX, now launches its token on the zkSync chain
Press Release

Symbiosis, the innovative cross-chain DEX, now launches its token on the zkSync chain

by Alverta O'Conner
May 17, 2023
Tune.FM’s New Music NFT Marketplace Will Disrupt the Music Industry
Press Release

Tune.FM’s New Music NFT Marketplace Will Disrupt the Music Industry

by Alverta O'Conner
May 4, 2023
How ReneVerse’s “Borderless Gaming” Brings Asset Interoperability to Life. How ReneVerse’s blockchain-based asset interoperability technology makes “Free Guy” a reality
Press Release

How ReneVerse’s “Borderless Gaming” Brings Asset Interoperability to Life. How ReneVerse’s blockchain-based asset interoperability technology makes “Free Guy” a reality

by Alverta O'Conner
May 2, 2023
TABOO finalising lucrative deal with an ex-JP Morgan superstar while $TABOO token grows by 1000%+ in Q1
Press Release

TABOO finalising lucrative deal with an ex-JP Morgan superstar while $TABOO token grows by 1000%+ in Q1

by Alverta O'Conner
April 28, 2023
Next Post
Doge Smeagol: A Meme Coin With A Diverse And Fun-Loving Community

Doge Smeagol: A Meme Coin With A Diverse And Fun-Loving Community

  • Why must you pick a white label crypto exchange solution than developing a new one?
  • Bitcoin Product Demos During the Halving – Bitcoin Magazine
  • Whitelabel Cryptocurrency Exchange platform and it’s 4 salient features!
  • Despite Chaos, The Next BTC Price Rally Could Be Spurred By This Little-Known Bitcoin Indicator
    Crypto Pundit reveals what will likely ignite another parabolic Bitcoin Rally ⋆ ZyCrypto
  • Which is Best Crypto Trading Bot Platform?
  • CoinSwap Space first DEX to provide crypto purchases directly onto any non-custodial wallet via Ramp Network

    CoinSwap Space first DEX to provide crypto purchases directly onto any non-custodial wallet via Ramp Network

    3772 shares
    Share 1509 Tweet 943
  • Altseason Pushed Further Back As Top Altcoins Fall Under Bitcoin’s Spell ⋆ ZyCrypto

    3738 shares
    Share 1495 Tweet 935
  • Filecoin and Polygon Deploy Interoperable Bridge To Expedite Web 3 Development

    3545 shares
    Share 1418 Tweet 886
  • The Cost Of Transacting With Bitcoin Has Dropped By Almost 90% Within A Month ⋆ ZyCrypto

    3320 shares
    Share 1328 Tweet 830
  • CoinSwap Opens Up New DeFi Opportunities With Their Certik Approved DEX

    3032 shares
    Share 1213 Tweet 758

About

Cryptoate site is a comprehensive resource for everything related to cryptocurrency and blockchain. We aim to be a one-stop solution for all your crypto and blockchain news and events.

Email: [email protected]

Recent Posts

  • Understanding Smart Contracts: The Foundation of DeFi Lending
  • Discover Staking Risks and Considerations
  • Bug Bounty Program Governance and Policy Frameworks
  • Symbiosis Adds Arbitrum Nova to Expand DeFi Connectivity
  • How Blockchain Can Revolutionize Game Monetization Models

Catagories

  • Mining
  • Crypto
  • Press Release
  • Price Analysis
  • Cryptocurrency
  • Trading
  • Cryptocurrencies
  • Blockchain

Calender

May 2023
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031  
« Apr    
  • About Us
  • Contact Us

Associated with Blockchain Press Media Network.

No Result
View All Result
  • Home
  • Crypto
  • DEFI
  • NFT
  • Press Release
  • Contact Us

Associated with Blockchain Press Media Network.