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CryptoMines - Announcements

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Logo of telegram channel cryptominesannouncements — CryptoMines - Announcements
Channel address: @cryptominesannouncements
Categories: Cryptocurrencies
Language: English
Subscribers: 16.36K
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-------Official CryptoMines Channel -----------------------------------------Discord--------------------------- https://discord.gg/R2MSHSsrhh

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The latest Messages

2022-05-22 00:41:17 "CryptoMines” was once the most played "Click to Earn" game in the history of the blockchain. With a large amount of transactions per second we managed to be responsible for more than 50% of the transactions of the BNB Chain (BSC), also maintaining a quality in our services where no hacks, exploits or prolonged maintenance times for days were involved, with this we managed to create a new quality standard in the blockchain gaming industry.

Unfortunately, everything comes to an end and despite all the efforts, circumstances have made that "CryptoMines" could not follow the course it had planned to continue being the project that the community expected.

We have tried very hard to be as transparent as possible in each of our decisions and actions, but this has not been attractive enough for the happiness of the whole community, causing waves of hatred and witch-hunting towards the "CryptoMines" staff.

We faithfully believe that we have been one of the more transparent teams and more attached to the people in the "Play-to-Earn" community, always trying that most of them are not affected or trying to compensate them in some way, but this has repaid us with direct threats to our families, disclosure of private information, harassment both online and physically, and death threats.

Since "Legacy" we have suffered this type of action being one of the many reasons why we did not meet in the chats as we did back then, however, when we gave the community another chance and tried again, we only found an increase in these types of attacks.

For this reason, we have decided to move away completely from the "Play-to-Earn" community forever, as it can be a community full of hate and resentment to development teams that try to do things in an honest and transparent way.

And not to lose the habit: Safe travels, explorers!

Farewell,
Manu - CEO, CryptoMines
1.6K views21:41
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2022-05-21 20:14:23 Hello Explorers,

The rewards pool was completely drained after the previously announced payout of rewards. To finish this compensation process we have made a buy back of approximately 242,503 $CRUX in order to refill the rewards pool freeing up the WCRUX staking for all fleets.

1. Buyback TX: https://bscscan.com/tx/0x215a09a0f5fc80770b1b0db0a8adaef9cc7cd050fc41d08e2b739e16d5be550c
2. Buyback TX: https://bscscan.com/tx/0xdb7c35a860a19fbbec57203c344134ccdec4a761c4d7a23028c24e45c745d848
3. Refill TX: https://bscscan.com/tx/0x4506172de0df6dd2a916d68896e2580a90a74c12fa23a5afe7cf389a80ebdf6f

This measure was taken to supplement players' earnings and complete what was stated in the last announcement. We hope with this that players will be able to release funds and withdraw their remaining WCRUX.
2.2K views17:14
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2022-05-20 04:03:01 Greetings Explorers,

After the closing announcement, the amount of tradeable WCRUX remaining in the game is practically 0, which tells us that all players withdrew their total funds they had available, also we have made the corresponding calculations under the following criteria:

➔ All wallets that have fleets up to the day of closing announcement were taken into account.
➔ We calculated the total USDT value of purchased $CRUX and all sales of $CRUX (At their sold value) and the subtraction of the amount of purchased $CRUX minus the total sales of $CRUX gave us the "loss" value of each of these players.
➔ We took into account the current MP and the amount of fleets in the account to decide if they qualified to receive their share of the reward (we also took into account if they were losses of trading at this point).
➔ With this data they were divided into 3 tiers, those with 100 to 199 MP, those 200 to 400 MP and all others.
➔ To those with 100 to 199 MP by calculating all their purchases minus sales, in this result we can see if their losses are less than 150 USDT, in this case the total amount of loss will be distributed, for those who were left in losses above 150 USDT, their maximum amount of reward will be 833 $CRUX (approximately 150 USDT).
➔ For people between 200 and 399 MP, the maximum reward amount is 1,111 $CRUX (200 USDT) same as above, calculating total purchases minus total sales. That is, if the debt is less you will be distributed that amount of debt, if it is more the maximum limit of 1,111 $CRUX is given.
➔ For all other players above 400 MP the reward cap is 1,528 $CRUX (275 USDT).

In the following excel you can see the wallets that will receive rewards: https://docs.google.com/spreadsheets/d/1g-jvVrGKDmTW5DXasGESXGAyFENURl1aS88iI4Kk9wE/edit?usp=sharing

With all this said, the tokens will be distributed on May 20, 2022 at 20:00 UTC for everyone at the same time to ensure equal treatment with all the amounts calculated at starting price.

The total tokens to be distributed for all players is: 1,883,083 $CRUX.

We thank you for your participation in the project, we hope that this token of our commitment to you will be to your liking and we regret not being able to recover all the funds in full, the CryptoMines team kindly bids you farewell.
4.1K viewsedited  01:03
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2022-05-18 01:19:17 CryptoMines - Announcements pinned «Hello explorers, it is with much regret that we are writing to inform you that indeed as many have been speculating, the economy of the game has reached an irrecoverable point in which we are obliged to pronounce ourselves to put an end to the project. We…»
22:19
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2022-05-18 01:19:13 Hello explorers, it is with much regret that we are writing to inform you that indeed as many have been speculating, the economy of the game has reached an irrecoverable point in which we are obliged to pronounce ourselves to put an end to the project.

We tried by all means possible to increase the amount of Fleets holders (To expand user retention and convert $CRUX Holders into players to improve the Fleet/$CRUX ratio) without succeeding with all the measures taken, this prevents the token from remaining stable for longer amounts of time since the initial amount of players was very similar to the final one.

There is currently no viable strategy to allow the token to recover in this current market of so much uncertainty, together with the FUD and the problems dragged from Legacy, the token had a constant fall from which it was not able to recover, and therefore, players will be affected by this constant decline.

In order to mitigate these losses of players whose funds are currently at in the negatives and with no future possibility of recovery, the following measures will be taken over the next few days:

Action to be taken on May 18 at 23:59 UTC:
- MINT will be stopped in order to avoid future assembling of fleets.
- The mining of fleets will be stopped in order not to generate more debt for players who have already made profits.
- Stopping of $CRUX coin exchanges (i.e. no selling, no transferring of $CRUX) to allow time to analyze the data properly and distribute an appropriate amount with the remaining liquidity of the token to the players.
- The possibility to sell and buy items in the Marketplace will be removed.
- The possibility to disassemble/modify fleets will be removed.
- Players' fleet Stake will be released.

Taking all the values in the game into account, we are aware that it will not be possible to return the totality of the debt acquired with all the players, for this reason the distribution of rewards will be done in rounds and thus the players with lower fleets will be the first to recover part of their capital since in general they are the most affected, besides them being the majority of the users they will also consume less of the liquidity in order to be able to distribute rewards to as many players as possible.

In the following rounds, funds will be given to the fleets with higher MP up to a limit that is possible to allow giving rewards to all involved, again, it will be impossible to cover all the costs of the largest debts, however, most of the players with losses may recover in the worst case a small part, and in the best cases the totality of their $CRUX entered.

All this was done taking into account and prioritizing the interests of our players who actually entered and played CryptoMines Reborn (not just speculating with the price) since the project was always focused on the game and not on the token (as explained in the Whitepaper) these people are the ones we want to support in these difficult times and they are the ones who are still in the project for whom these measures were taken.
3.3K views22:19
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2022-05-12 03:15:02
CryptoMines Reborn - Skylight Update

Good evening explorers!

As you may already know, the CryptoMarket is currently in a complicated moment at the gates of a Bear Market, which directly affects the price of $CRUX for this very reason we will update the Skylight (SRS) at $2 USDT this being its floor value (it will not go down further).

Although the BNB has dropped in price enough for the in-game transaction fee to increase, we have decided to keep the values to the same amount so that players can continue to profit without further hindrance.

We have made a 500,000 $CRUX (650k usd ~ at current values) refill to our Rewards Pool to ensure that there are rewards to be distributed and maintain as much stability within it as possible and thus not be affected by Skylight.

Refill TX: https://bscscan.com/tx/0x872d2664c7b27ea6973b6b07bf40fcfb9e2513e77ee0a281d64b0db09410f4be

Divine: Holders Protection is now active, stake your WCRUX and protect your fleets!
3.0K views00:15
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2022-05-12 01:18:35 CryptoMines: Quick updates

Hello Explorers, at 23:50 UTC the expeditions will be deactivated to deploy several changes.

Expeditions will be reinstated during the next minutes.

Safe travels, explorers!
Main Site: https://cryptomines.app/
Mini-Games: https://games.cryptomines.app/
Whitepaper: https://docs-reborn.cryptomines.app/
2.9K views22:18
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2022-05-11 06:51:01 CryptoMines Reborn - Divine Mechanic

Good evening explorers!

In every update we present you with varied and entertaining mechanics to give utility to both $CRUX and WCRUX. So this time we are introducing one of the most awaited updates, which will be available from May 12 at 00:00 UTC!

Introducing: Divine: Holder Protection
This new mechanic will protect your fleet if you decide to use it, you can get a reduction to your incoming damage of up to 50%! Don't forget to check our Whitepaper for more detailed information.

How does it work?
To activate Divine: Holder Protection you must Stake an amount of WCRUX depending on the Mine Power of your fleet and you will get better benefits the more time you lock your Stake.

Limitations and mechanics details:
➔ There are 2 Tiers to calculate Damage Reduction:
- Tier 1: From 100 MP to 1,599 MP, can receive up to 15% damage reduction benefit.
- Tier 2: From 1,600 up to 8,000 MP, they can receive up to 50% damage reduction benefit.
➔ If you lock your WCRUX in the Stake for 7 days you will get a 5% damage reduction benefit on fleets under 1,599 MP and a 20% reduction on fleets over 1,600 MP.
➔ If you lock your WCRUX in the Stake for 15 days you will get a 15% damage reduction bonus on fleets under 1,599 MP and a 50% reduction on fleets over 1,600 MP.
➔ The amount in WCRUX needed to activate the damage reduction depends on the Mine Power of your fleet, a fleet of 8,000 MP will need 2,400 WCRUX to activate Divine .
➔ Updated the calculator to take these values into account and make it easier for players to see.

In addition to everything previously mentioned, Divine: Holder Protection is launched as an event where the amount of WCRUX to stake will remain at the same value until further notice!

Safe travels, explorers!
Main Site: https://cryptomines.app/
Mini-Games: https://games.cryptomines.app/
Whitepaper: https://docs-reborn.cryptomines.app/
4.2K views03:51
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2022-05-11 06:50:48
3.6K views03:50
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2022-05-08 07:36:27 CryptoMines Reborn - $CRUX Stake

Good afternoon explorers!

On this occasion we want to bring great news to our $CRUX Holders, you'll now be able to generate passive income just by participating in our Metaverse!!!

We present to you the $CRUX Stake, a wonderful way to improve your income together with Unicrypt and CryptoMines Reborn

100,000 $CRUX will be added as rewards to this staking.
➔ You will be able to participate with any amount of capital.
➔ You can choose to lock your $CRUX Staked to get boosters of up to 500% of your investment.
➔ Stake will be available in 2 hours, prepare your $CRUX if you want to take advantage of the Best APR from the beginning.

For the first 15 days you will have an X3 multiplier for all your rewards!!!

Participate and get all these benefits at: https://app.unicrypt.network/chain/bsc/farm/0xf1dDC8248dA6576C48Fa3b36e7F9d2af0F87f07E

Immediate Roadmap (Upcoming days):
➔ Launch of Internal WCRUX Stake which will allow you to get better returns by taking less damage on your fleets.
➔ Continue our aggressive marketing campaign and listing on different exchanges to improve the amount of holders of our Metaverse.

We hope these highly anticipated features will give our players more incentives to hold on to their $CRUX and maximize their rewards.

Safe travels, explorers!
Main Site: https://cryptomines.app/
Mini-Games: https://games.cryptomines.app/
Whitepaper: https://docs-reborn.cryptomines.app/
5.9K views04:36
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