Copium Protocol, the passive cryptocurrency mining investment ecosystem, has just announced that the pre-mint for its Investor Pass NFTs has gone live on their website.
Pre-Mint for Copium Protocol’s Investor Pass NFTs has finally gone live on the project website. Pre-Mint registration gives holders a spot on the whitelist to mint their Investor Pass NFTs at a discounted price of 3 ETH instead of 3.5 ETH. However, there are only 2,000 spaces available on the Pre-Mint White List, so you must be quick to register your interest.
Purchasing Investor Pass NFT serves as an investment in the passive cryptocurrency mining ecosystem. All NFT holders are eligible to receive an exclusive Copium Coin airdrop, can bet higher and are eligible for a daily allotment of Copium Coin.
Only 10,000 Investor Pass NFTs will be issued in total and all proceeds from the sale will be used to improve the Copium Mining facility to improve the passive cryptocurrency mining ecosystem and benefit all users.
Copium Protocol: What is it?
Copium Protocol is a versatile cryptocurrency mining investment ecosystem that offers a simple solution to engage in passive cryptocurrency mining.
The project aims to revolutionize the world of crypto mining investments and make them accessible to everyone by eliminating the technical jargon and the need to invest in expensive mining equipment.
In short, the ecosystem is designed to use the revenue from cryptocurrency mining to create sustained demand for the project’s ecosystem.
The Copium protocol has four pillars in its ecosystem:
- Copium Investor Pass
- Copium coin
- Copium mining
- Copium staking
Passive Crypto Mining: How Does the Copium Protocol Make It Possible?
The Copium Protocol ecosystem is powered by Copium Mining, an established cryptocurrency mining facility based in Otago, New Zealand. This mining facility is unique as it runs exclusively on a surplus of 100% clean, green and renewable energy. The energy used is hydropower generated at the foot of the Southern Alps in New Zealand.
The whole idea of the project is to use Copium Mining to mine cryptocurrencies and then use the daily earnings from mining to buy Copium Coin on the open market. Every Copium Coin purchased through crypto mining earnings at Copium Mining is sent directly to a burning address, making Copium Coin a deflationary asset.
Thus, the self-sustaining ecosystem ensures daily demand for the Copium coin, which also makes it a deflationary asset.
Economics 101 says that decreasing supply and increasing demand will result in a significant price increase – which is exactly what we expect at Copium Coin as the ecosystem matures.
What is the Investor Pass NFT Sale?
The project begins its protocol implementation phase with the release of the Copium Protocol Investor Pass NFTs. This is an NFT collection of 10,000 NFTs minted on the Ethereum blockchain in early/mid October.
The 10,000 NFTs will be sold in a Dutch auction via the project’s website, and the auction will start at a price of 3.5 ETH. However, as previously mentioned, the first 2000 people to register their interest through the site’s portal will receive a guaranteed Mint spot at a lower, fixed price of 3 ETH.
The ecosystem offers the following benefits to all early Investor Pass NFT investors:
- An exclusive one-time distribution of 10,000 Copium coins with gas fees only.
- The ability to use the Investor Pass NFT on the platform for a daily allocation of 10 Copium coins.
- Exclusive Investor Pass rates when using Copium coins.
- Automatic participation in the monthly Copium Sweepstakes
In addition, all Investor Pass NFT holders are automatically entered into a draw to win one of the two Bitcoin prizes on offer.
What happens to the proceeds from the NFT sale?
The great thing about the Investor Pass NFT sale is that all funds raised through the sale of the NFTs are fully invested in the Copium Protocol ecosystem. The proceeds will be used to upgrade the hardware and infrastructure at the Copium Mining facility in New Zealand.
The proceeds are used to purchase large quantities of the newest and most energy efficient generation of miners. Copium Mining has a long history of successful activity in the mining industry and enjoys a good reputation in the New Zealand cryptocurrency mining scene. Therefore, they can use their existing relationships in the industry as a form of leverage to buy the mining equipment at wholesale prices.
The investment will improve daily cryptocurrency mining output at the facility, resulting in higher sustained demand for Copium coins purchased from daily mining earnings. As a result, more Copium Coin will be burned after the facility is upgraded.
What about the betting platform?
The team will launch the Copium Staking platform after the successful release of the Investor Pass NFT sale. The staking platform will allow Copium coin holders to invest their wealth at a floating, high rate of interest.
Investor Pass holders are entitled to higher returns compared to standard investment rates. In fact, the minimum rate for Investor Pass holders (locked in for 30 days) is still higher than the maximum rate available for regular investing (locked in for 24 months):
Therefore, it is important to own one of the Investor Pass NFTs if you want to maximize the return on your investment when betting.
What sets the Copium protocol apart from other mining ecosystems?
The Copium protocol is a completely new way to participate in passive cryptocurrency mining. Other mining ecosystems are typically cloud-based and require users to purchase mining contracts from the platform in order to mine cryptocurrency. These mining contracts typically have an expiration date and are likely to underperform when the cryptocurrency industry is in a bear market, as we are witnessing in Q3 2022.
On the other hand, Copium Protocol is a long-term passive cryptocurrency mining ecosystem. Users simply need to purchase an Investor Pass NFT to get started and they will receive an exclusive airdrop of 10,000 Copium coins to keep. They will also receive an additional allocation of 10 Copium Coins by staking their NFT on the platform and can earn additional income by staking their Copium Coin holdings on the staking platform.
Over time, the ecosystem turns Copium Coin into a deflationary asset, making it scarce and reducing supply. In addition, the daily demand for Copium Coin will remain stable through purchases from the daily mining earnings at Copium Mining. Both factors will ensure that the price of Copium Coin is likely to continue to rise in the long term.
Additionally, the fact that Copium Mining uses 100% clean, green and renewable energy cannot be understated. The cryptocurrency mining industry has been repeatedly criticized for being harmful to the environment by using non-renewable energy sources. Copium Mining will end that stigma and show the world that the industry can run on renewable energy – setting a new standard for all mining facilities.
How can I buy Investor Pass Pre-Mint?
To participate in Pre-Mint, simply go to the pre-registration page at the top of the project’s website.
From there, simply fill out the form below, connect your wallet and enter your email address:
Is the Copium Protocol Investor Pass a good investment?
If you’ve always been interested in earning passive income from cryptocurrency mining, then Copium Protocol is definitely a project worth checking out. The ecosystem is designed so that all NFT and Copium Coin holders can benefit from cryptocurrency mining without having to deal with the associated jargon or invest in the expensive hardware.
Over time, as the ecosystem matures, the supply of Copium Coin will decrease and it will become increasingly scarce. At the same time, daily mining earnings continue to be used to purchase Copium Coin on the open market, ensuring continued demand for the token. These two factors ensure that your investment will continue to grow over time.
Visit the Copium Protocol today
All information on our website has been investigated to the best of our knowledge and belief. The journalistic contributions are for general information purposes only. Any action taken by the reader based on the information on our website is entirely at his own risk.