MinePlex is a new generation mobile crypto bank with its own blockchain and liquid token. The creator of his own CrossFi technology, which combines the stability and liquidity of traditional financial instruments with the security and transparency of blockchain technology.
The MinePlex blockchain is based on 2 tokens. The MINE token - non-volatile with a fixed value-gives access to the system's services. The PLEX token has a predictable price increase due to a mathematical algorithm. PLEX acts as a payment instrument and as an asset. Features of token pricing allows you to solve one of the main problems of the crypto industry - currency volatility. Additionally, it creates an opportunity for users to receive 20% per month by sending MINE tokens in a staking. Rewards are awarded in PLEX tokens, which can be converted to USDT and the MINE token or sent to the exchange.
The decentralized MinePlex system is built on the multi-stage architecture of the Tezos blockchain, which allows you to make changes and update the system without performing hard forks. The Liquid Proof-of-Stake (LPoS) algorithm implies ownership of MINE tokens. Unlike Delegated Proof-of-Stake (DPoS), the address itself is delegated, not the tokens. Thus, users always have access to their tokens and can use them at any time or change the delegate (Plexus Pool).
## Who Are the Founders of MinePlex?
The MinePlex team consists of more than 50 people who are experts in various spheres of the financial and crypto industry and create the company's products, develop processing solutions, and promote the project.
Vladislav Babitsky, CTO of MinePlex, senior level developer has been working in the IT field since 2010. He has successfully implemented more than 50 projects, including in the areas of ecomers, fintech, blockchain, medicine, computer vision and gps monitoring. Participated in the development of government projects for Russia, Belarus, the United States, China, certain regions of Europe and the United Arab Emirates.
Alexander Mamasidikov, CMO of MinePlex, expert in the field of crypto and digital marketing. He has been developing and implementing PR strategies for more than 13 years. Since 2015, he has been working in global fintech and blockchain projects. Included in the TOP 20 blockchain entrepreneurs according to Publish0x. Founder and Director of the IEO Agency.
## What Makes MinePlex Unique?
One of the main problems of more than 100 million crypto users is the inability to pay with cryptocurrency on a par with fiat. The goal of MinePlex is to provide basic banking services for the daily use of digital assets: pay rent and utility bills with cryptocurrency, transfer digital assets and fiat between bank accounts, receive salaries, send interbank payments, etc.
Cryptobank MinePlex is a mobile application where full-fledged banking services will be provided. The absence of offline offices will save time and reduce costs. The developed processing is focused on convenience for each client. The blockchain solution simplifies user identification and reduces the risk of fraud.
The MinePlex banking ecosystem includes services that allow you to manage your crypto assets every day:
- crypto bank in a mobile application, available 24/7, with full banking services,
- crypto wallet,
- crypto cards.
## How Many PLEX Coins Are There in Circulation?
The total issue of the PLEX token is 414,720,000. On October 03, 2020, at 09:00 UTC, the genesis block of the MinePlex network was launched and the issue of the PLEX token began.
The issue of the PLEX token occurs every block (approximately once a minute) and is divided into 4 stages.
How Is MinePlex Network Secured?
MinePlex is built on the Tezos blockchain, which uses smart contracts developed in the Michelson language. It is used in the aerospace industry, where the cost of error is particularly high, and guarantees the safety of the system.
## Where Can You Buy MinePlex (PLEX) Tokens?
The PLEX token is listed on the regulated Estonian stock exchange STEX. At the moment, the popular PLEX/USDT, PLEX/BTC pairs are presented.