BLOCK-0 mining event, everything you need to know about the beginning of a legacy

Block 0, or the Genesis block, is the first block of a blockchain. This one, seemingly ordinary block signifies the beginning of any blockchain related project, and carries with it the visions of the team behind it. Today, we shall be explaining our BLOCK-0 mining event and how you can be a part of it.

The BLOCK-0 mining event starts with the official launch of our trading platform, Fyrus Pro. The whitelisted event lasts for 24 hours during which users can participate in the first instances of Invomine, our involvement based mining process.

Invomine is designed to reward users based on their involvement and activity on our trading platform. For every trade that a user makes, the user will mine and receive Fyrus, FYR tokens equivalent to 100% of the trading fee at a rate determined by market price at the time of the trade execution.

In total, Invomine will distribute over 55% of all FYR tokens this way over a period of 48 months. Every month, the amount per day will decrease based on a mathematical formula found in our whitepaper.

The BLOCK-0 event however, exists outside of the standard Invomine model, essentially being day 0 of the 1461 days long distribution process. Instead of following the model’s daily token cap, a total of 100,000,000 FYR tokens will be available for this 24 hour event.

In order to participate in the BLOCK-0 event, you would need to be whitelisted. There are currently 2 ways to be whitelisted, you could either be part of the Bounty program or be a Early Supporter of the platform, that is, trade with us during the Live-Beta phase of our beta launch.

To be whitelisted via our Bounty program, you would need to be a part of our Video or Article campaigns. You can find more details here, but essentially it involves making videos, writing articles, or creating any form of content and posting it to social media. There are additional steps as well so do check out the entire post over at Bitcointalk!

To join the whitelist as a Early Supporter, you will have to participate in the Live-Beta, phase 2 of the platform’s beta launch. The full timeline of the project is best saved for another article, so we’ll just be doing a short explanation. During the Live-Beta phase, participants will still be using the beta version of the platform, but trades will be carried out with real cryptocurrency as oppose to practice currency. If you have traded real currency during this phase, you are welcomed to participate in our BLOCK-0 mining event.

Just as Bitcoin’s genesis block marked the beginning of the crypto revolution, BLOCK-0 shall mark the beginning of the Fyrus legacy, one of community and success.

For more information, check out our website and demo.
Feel free to contact us on Telegram @fyrusofficial, or follow us on Twitter @fyrusofficial for the latest news!