MineWerkz

Rewards system for MWMC:

*”MWMC” refers to MineWerkz Minecraft

MineWerkz Minecraft Server: Earning System Overview

The earning mechanism on the MineWerkz Minecraft server is centered around the MINE_WERKZ / MINE_EARN asset, issued on the Neoxa blockchain. This asset provides holders with rewards periodically set at the sole discretion of MineWerkz.

Asset Distribution

Players can acquire the MINE_EARN asset in two primary ways:

1. Exchange System (Watch Here)

  • Players may exchange in-game currency for MINE_EARN assets at any time through the in-game system.
  • Each transaction is subject to manual review and approval by a server administrator before the assets are officially distributed.
  • The exchange value is dynamically tied to the total amount of in-game currency in circulation.
  • A maximum of 5,000 MINE_EARN assets is available for exchange each month.

2. Organic Gameplay Rewards (Watch Here)

  • Players may earn MINE_EARN assets directly through organic gameplay.
  • Up to 7,500 total MINE_EARN assets are distributed each month based on in-game activity, participation, and engagement.
  • MineWerkz has created a complex custom plugin that tracks numerous player metrics to ensure only genuine, active players receive the highest share of rewards.
  • This provides reward incentive for everyone regardless of play style.

Example Exchange Scenario

  • A player has 50,000 in-game currency and wishes to convert it into MINE_EARN.
  • At the time of exchange, the total server economy is 25,000,000.
  • Using the formula:

Asset Price = Total Server Economy / Monthly Asset Supply
= 25,000,000 / 5,000
= 5,000 (per asset)

  • The player can redeem 10 MINE_EARN assets with their 50,000 currency.

Reward Distribution

  • Rewards for MINE_EARN holders are periodically determined and distributed at the sole discretion of MineWerkz.
  • Distribution amounts, timing, and eligibility criteria may vary based on operational and economic considerations.

Example:

  • A player holds 100 MINE_EARN, and there are 10,000 total assets in circulation.
  • If MineWerkz allocates 10,000 Neoxa as the reward for that period, the player will receive 1% of the total reward, or 100 Neoxa.

This proportional model ensures fairness while allowing MineWerkz to adjust rewards to maintain long-term economic sustainability.

⚠️ Note: Rewards are paid to whoever holds the assets at the time of payout. Ownership at that moment determines eligibility. Payouts are typically processed on the first or second day of the following month.

Reward Management

MineWerkz maintains full authority over the creation, management, and distribution of rewards.

Key points:

  • Reward amounts are set periodically at MineWerkz’s discretion.
  • MineWerkz may adjust payout schedules, total rewards, or qualification criteria without prior notice.
  • Holding MINE_EARN does not guarantee rewards; reward issuance depends on conditions determined by MineWerkz.
  • All asset transactions are logged, reviewed, and subject to administrative oversight.

Formula Recap

  • Asset Price:

Asset Price = Total In-Game Currency / Monthly Asset Allocation (5,000)

  • Holder’s Reward:

Holder’s Reward = (Holder’s Assets / Total Assets) × Total Reward Pool

Final Notes

This model is designed to support sustainable, flexible and incentivized gameplay. While the system may evolve as needed, MineWerkz is proud to be pioneering blockchain-integrated gaming and rewarded play in Minecraft and beyond.

Thank you for being a part of our journey and helping us build something truly unique.