What is MineWerkz?
MineWerkz intends to be a server host across multiple game titles offering unique ways to participate in skill/effort-based competitions for cryptocurrency rewards.
What is Neoxa?
Neoxa is a cryptocurrency that was built to foster game development and innovation in the play-to-earn space. Anyone can download a wallet and begin to use it within minutes. For MineWerkz this is how our players receive their rewards!
How do I know the payments are real?
Since we use Neoxa to facilitate all rewards anyone can look at the blockchain to see where rewards are going and verify the amount advertised is being sent out.
How do we make money?
TL:DR, We run Masternodes on the Neoxa blockchain which generate the coins we distribute. The server costs are currently being paid out of pocket minus any donations.
The goal is to eventually draw Ad revenue (this website, youtube, twitch, etc) and strictly cosmetic based in game transactions to fund our pool of Masternodes which in turn fuel rewards and cover our server costs. As of now we are operating partly off of Masternodes and partly out of pocket. The hypothesis is that the rewards draw in more people than they cost to put out, as the playerbase increases so does our Ad and game revenue which allows us to increase the rewards creating a cycle of ever increasing rewards. This is by no means a way to make a living, nor a way to “hustle” for the typical player. Statistically most will earn pennies to a dollar or two monthly. It is primarily an incentive towards highly skilled and dedicated players to thrive while not leaving out the rest of the community. Think of those “Top X players get $X” except we let the entire community earn a share as well which is more fair and exciting to join in on.
What is a Masternode?
If you just read the above and thought “What is a masternode?” we will save you the google search. A masternode, boiled down to its most basic terms is locking a certain number of Crypto coins away while running software to generate a reward from the network. For Neoxa this currently means you can lock 1,000,000 coins to earn Approximately 300,000 coins per year. This WILL drop for halvings on the network and as time goes on it will fizzle down to only transaction fees, the latter taking several decades to happen.
Anymore Questions?
Join our discord and ask around! We have community members from across the world speaking a variety of languages!