Blockchain technology has been increasingly adopted as a secure and transparent way to store and exchange digital assets. Proof of Stake (PoS) is a consensus mechanism used by many blockchain networks, including Ethereum, to validate transactions and maintain the integrity of the blockchain. However, PoS has been criticized for being centralized and favoring users with large amounts of capital.
Avive is a platform that has created an innovative Proof of Networking (PoN) protocol that is more decentralized than traditional PoS. This is because the system contract detects whether users are active or not, inactive users cannot obtain staking power. Only real people with active social relationships are able to stake, which helps to power a more meritocratic and fair online experience.
What is Avive Mining?
Avive Mining is the staking mechanism of the Avive platform, where users can earn AVV tokens by staking their tokens on the platform. AVV is the native cryptocurrency of the Avive platform and is used for transactions and governance.
Unlike traditional PoS, Avive Mining rewards users for their social connections and engagement, making it more inclusive and democratic. The platform uses a smart contract to verify users’ social connections and activity before allowing them to participate in staking. This creates a more meritocratic system, where users are rewarded based on their social activity and relationships.
How Does Avive Mining Work?
Avive Mining works by allowing users to stake their AVV tokens on the platform, which then generates rewards for the user. The amount of rewards a user earns depends on the amount of AVV they have staked and their level of social engagement.
The platform uses a smart contract to verify a user’s social connections and activity on social media platforms such as Twitter, Facebook, and LinkedIn. The more active a user is on these platforms, the more staking power they have. This creates a system where users are rewarded for their social activity, rather than just their capital.
In addition, Avive has reportedly deployed #SBT feature to help users recovery/manage their digital assets from social and community connections, and also enabling more crypto newbies to easily onboard web3.
How to Register on Avive Mining
Registering on the Avive platform is simple and straightforward. Here are the steps to register on the platform:
- Click the link below to go to the Avive website.
- Enter your email address and click “Register”.
- Verify your email by entering the OTP sent to your inbox.
- Download the Avive app on your mobile device.
- Login to the app using your email and verify your OTP.
- Join Twitter and follow the Avive official pages for extra rewards.
- Use the INVITATION CODE: 0pzfa9
Amazing platform 😍🥰
When is Avive going to be lunch?