TypeIt Announcement Regarding the Handling of WORD Data Anomalies

Due to a database error during the launch of the Incubation feature, TypeIt experienced some abnormal situations during the WORD data settlement on July 16th and July 17th. Hence, TypeIt will offer compensation to eligible users based on specific criteria. Furthermore, as a gesture of appreciation towards our loyal users, TypeIt will be organizing an airdrop event on Twitter.

TypeIt
TypeIt
3 min readJul 18, 2023

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Dear TypeIt user,

We sincerely apologize to inform you that due to a database read-write error caused during the launch of the incubation feature, there have been abnormal situations in the WORD data settlement on July 16th and July 17th.

We deeply regret and apologize, as we are well aware that this has caused you great inconvenience and trouble.

Our team has conducted a comprehensive discussion and analysis on this matter, and the data anomaly has been fixed. Subsequent data will be normal. Furthermore, all affected users will receive corresponding compensation for WORD.

Thank you for your understanding and patience. If you have any further questions or concerns, please feel free to let us know.

Data disclosure

Daily output(WORD): 711,378

On July 16th, the actual network hash rate was 569,490 T, while the system's abnormal hash rate was 996,608 T.

Based on the total output of 711,378 and the abnormal hash rate of 996,608 T, users actually receive approximately 0.7138 WORD per T hash rate.

However, based on the normal hash rate data of 569,490 T, users should receive approximately 1.2491 WORD per T hash rate.

On July 17th, the actual network hash rate was 439,323 T, while the system's abnormal hash rate was 768,815 T.

Based on the total output of 711,378 and the abnormal hash rate of 768,815 T, users actually receive approximately 0.9253 WORD per T hash rate.

However, based on the normal hash rate data of 439,323 T, users should receive approximately 1.6192 WORD per T hash rate.

Compensation Method:

For users who participated in Typeing to Earning via the Red Series NFT on July 16th and July 17th, they will receive $WORD as an compensation based on their actual mining hash rate.

Estimated Distribution Time: 16:00 (UTC) on July 18th.

In addition, we deeply apologize for our mistake. As a gesture of apology, we will be holding an airdrop event on Twitter, where anyone can participate and have a chance to win a share of a $1000 reward.

Lastly, we would like to express our gratitude for your unwavering support for TypeIt. We will continue to strive to improve our system and services to ensure you have the best user experience possible.

We will also be launching more exciting and high-quality events in the future. Thank you all for your attention and support.

About TypeIt

TypeIt is a revolutionary new keyboard that allows users to earn a passive income simply by using it to conduct their day-to-day typing activities. This innovative keyboard has converted keyboard themes into non-fungible tokens, or NFTs, which users can own and use to earn tokens as they type.

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TypeIt
TypeIt

Published in TypeIt

TypeIt! is the first ever Web3 keyboard that enables users to earn passive income by conducting day-to-day typing activities.

TypeIt
TypeIt

Written by TypeIt

TypeIt is the first ever Web3 keyboard that enables users to earn passive income by conducting day-to-day typing activities.