How to improve the revenue and liquidity of NGK’s computing power ecosystem after VAST launches?
Since the birth of Bitcoin, the term “mining” has successfully entered the public eye and has become one of the most important parts of the crypto industry. Whether it is the computing power mining based on Bitcoin and Ethereum, or pledge mining that gradually entered the public eye, or last year’s popular DeFi liquidity mining, mining is always the key to support the continuous operation of the crypto industry.
Mining is very important, and it is also the most obvious part of the entire crypto industry. Among them, the recent popular NGK computing power mining has attracted the attention of many ecological builders for its high yield. So, what benefits will NGK computing power mining bring?
The most direct is the SPC Star token reward, which is the sidechain token and computing power token of NGK for its computing power holders. The total issuance of SPC is 100 million units. Previously, NGK official has provided the NGK computing power holders with 4 million SPC rewards for free through two rounds of airdrops as a gesture to appreciate their contributions to the construction of NGK computing power market. Among them, 96 million units will be used for NGK mining, while 2 million units will be released every week for a total of 48 weeks, which will be evenly distributed to NGK holders according to the total amount of network computing power. In other words, the holder of NGK computing power actively participates in the NGK computing power mining can obtain the SPC rewards. The more frequent you participate in the NGK mining, the more SPC rewards you will get. The way to participate in the NGK computing power mining is very simple, just buy more NGK computing power.
In addition to SPC Star token, NGK official announced that it will release VAST tokens in the future. According to the prediction of blockchain professionals, VAST tokens have extremely high value and may be comparable to BTC in the future. Therefore, when the news that VAST was about to be launched, many ecological builders entered the NGK computing power market, and at the same time, the total computing power of the NGK’s entire network continued to increase.
The issuance of VAST tokens is only 100,000 units, there is no pre-sale, no pre-mining, and no additional issuance. In the face of the huge computing power market of NGK, the number of VAST tokens is undoubtedly scarce. In addition, it is very difficult for NGK computing power holders to obtain VAST. They must participate in the NGK computing power mining to obtain SPC, and then obtain star value rewards through SPC (when the total network computing power reaches 8 million), when VAST can only be redeemed with 10,000 Star value. This will greatly increase the value of VAST.
In addition, VAST tokens will be put into the secondary market in the future, and by then, the market value will skyrocket! Therefore, seeing the future value of VAST tokens, many ecological builders have registered NGK accounts, and many NGK computing power holders have also increased their computing power. Thus, the upcoming launch of VAST enhances the value and increase the liquidity of NGK’s computing power ecology. However, this is just the beginning. In the future, after VAST is launched, its value will gradually increase. By then, more off-site ecological builders will enter the market. VAST uses the value of tokens to increase the value of NGK’s computing power ecology and its liquidity, and in turn increase the value of VAST tokens. Hence, it can be said that the two are complementary.
