The gold fever for DMEX mining power NFT products

DMEX
5 min readMay 6, 2021

With the current bull market, the price of mainstream tokens such as Bitcoin, Ethereum, and Filecoin has been rising rapidly. Meanwhile, the entry barrier for individual users to participate in token mining is becoming higher. To get a slice of the cake in the mining business, many users are turning towards the mining power market. However, they are facing new challenges: the lack of transparency and poor liquidity in the current mining power market.

As a decentralized mining power financial service platform, DMEX combines mining power NFT with innovative DeFi products. DMEX users can earn multiple incomes from a wide range of investment options including mining power NFT trading, collateral loan, and joint mining. DMEX endeavors to transform the mining power market, reduce the entry barrier to mining for the average users and enhance asset liquidity. The annualized return rate of DMEX’s joint mining could reach 300%.

The gold fever for DMEX mining power NFT products

On April 26, DMEX held a new Meetup in China and released a brand new Chia mining power NFT product. The Chia mining power NFT product was so popular that it was sold out within two hours. So far DMEX has released two types of popular and quality mining power products. One is the FIL mining power NFT and the other is the Chia mining power NFT.

Recently, DMEX also launched its FIL mining power NFT (3.0). This product was snapped up within 39 minutes. DMEX mining power NFT products provide an opportunity for average users to participate in mining with low barriers. DMEX has attracted many investors from the international community.

Why are DMEX mining power NFT products so popular?

The innovative design and profitable returns

So far DMEX has released four batches of mining power products, including three batches of the FIL mining power NFTs and one batch of the Chia mining power NFT. These products were very popular among the average users.

The first batch of FIL mining power NFT was sold at 689 USDT per T. Buyers enjoyed a mining period of 540 days. The entry barrier for average users to participating was extremely low. Anyone with one or more than one Filecoin could buy FIL mining power NFT. The second batch of FIL mining power NFT was sold at 850 USDT per T. Buyers also enjoyed a mining period of 540 days. The price of the third batch of FIL mining power NFT was 16 FIL per T. Buyers could enjoy a 10FIL cashback after 540 days. The minimum purchase of FIL mining power starts at 1G. This batch of FIL mining power NFT was sold out within 39 minutes.

Another mining power product released by DMEX was the Chia mining power NFT. DMEX is selling them at 500 DMC per T. Buyers enjoyed a mining period of 540 days. DMEX released 500T of Chia mining power in total and set a 1T purchase limit for each wallet address. The Chia mining power NFT was sold out within two hours.

DMEX tokenizes mining power into NFT products, thereby turning mining power into freely tradable assets. DMEX also combines innovative DeFi products with the DAO community governance model to jointly promote the development of distributed storage. At present, DMEX is deployed on the Huobi Eco Chain (HECO). This has greatly reduced the gas fee. The trading barrier is essentially reduced to none. Users can purchase DMEX mining power NFT products and earn a daily mining income. Users can also stake NFT products as collateral to obtain a loan and reinvest the loan back into mining power purchases. By adopting this method users will earn a leveraged income. In addition, users can participate in joint mining, liquidity mining, and Proof of Stake mining to obtain platform token DMCs. Users are free to deposit or withdraw their funds anytime they wish. DMEX greatly improves users’ asset liquidity.

DMEX mining power NFT products provide an impressive return on investment. Not only can investors receive FIL mining income on a daily basis but also can the investors trade or sell FIL mining power NFT when the NFT reaches a higher price. For example, the price of DMEX’s first batch of FIL mining power NFT is 698 USDT per T, while the second batch is priced at 850 USDT per T. Numerous users have earned many times of profits through trading DMEX FIL mining power NFT product. From the investment perspective, DMEX mining power NFT products have lower risks and more stable incomes than most products in the secondary market or contract tradings. DMEX’s ground-breaking mining power NFT products greatly mobilized users’ asset liquidity in comparison to hoarding tokens and wait for appreciation.

The advantages of DMEX mining power NFT products

High transparency and low risks

DMEX is a decentralized mining power financial service platform based on the Huobi Ecosystem Chain (Heco). Users’ mining power assets on DMEX are secured by the Heco. DMEX provides profitable effective storage power for its users. It greatly lowers the entry barrier for average users to participate in token mining. Users do not need to bear the high cost and long sealing period of physical mining machines. Users can purchase DMEX mining power NFT products and earn mining income on a daily basis.

High assets liquidity

DMEX supports 1G minimum purchase of mining power for average users. DMEX further improves users’ assets liquidity and reduces the entry barriers for average users to participate in mining. At present, trading mining power is very difficult. Most users can’t sell their mining power when they need to obtain liquid capital, the risk of being tied up in the mining market is concerning. With DMEX, users no longer need to worry about liquidity.

Innovative products

DMEX is making continuous efforts to explore more innovative token projects and tokenize their mining power into NFTs. It is proven that the mining power NFT products of quality and promising token projects like Chia are very popular among average users. DMEX is planning to release Bitcoin and Ethereum mining power NFT products in the near future. DMEX will also combine mining power NFTs with various DeFi products to provide more liquidity for the users. For example, NFT collateral loans will soon become a reality. Users can stake their NFT products to obtain USDT and reinvest USDT to buy more mining power NFT products.

All in all, the future of mining power NFT is promising. Currently, DMEX is also deploying its products on Binance Smart Chain (BSC). In the near future, DMEX will explore more application scenarios of the mining power NFT products on Heco and BSC.

DMEX endeavors to transform the mining power market. It’s DMEX’s core value to mobilize uses’ assets. DMEX has tokenized high-quality mining power from IPFSMain, IPFSUnion, and Nonentropy into NFTs. By providing quality mining power NFT products, DMEX will uphold its mission to reduce the entry barrier to mining for the average users and enhance asset liquidity.

Contact us:

Official website: dmex.finance

Telegram: DMEX Chat

Twitter: @DMEX_finance

Medium: dmex.medium

--

--

DMEX

DMEX is a decentralized mining power financial service platform utilizing DAO and smart contract to provide innovative DeFi and NFT products.