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Blockchain offers unique features that any developer can now use in their projects for free, either by deploying an already existing app or by developing the one of their own.

Для истории #minter

Posted by Eugene Gordeev on Thursday, 26 July 2018

Blockchain Everywhere

Blockchain can become the basis for the functionality of any kind. In its essence, it is similar to traditional technologies but comes with a number of advantages that many projects can make use of.

For instance, the transactions on a blockchain cannot be reversed or deleted; everything is protected with cryptographic keys; there is no authority controlling the registry. Besides, all parties have equal access to data, and smart contracts execute precisely as they are set up to.

The Internet of Value

Imagine if loyalty points from your e-commerce website could be transformed into game credits of a new indie game in just one second, or if donations to a streamer could be made with the coins of their fan community. The Minter network is the Internet of value; it is the next-generation blockchain that allows anyone to issue their own coin and use it in apps or even in world-class projects. The exchange process happens instantly and at a market price.

Apps

Use the apps that already exist or develop your own.

How to create an app?

Blockchain has numerous competitive advantages over its many rival technologies. Below are just a few examples of how it can perfectly help developers solve complex tasks in a simple way:

Many applications are open-source. Check out our GitHub to mark the most interesting developments that would suit your very needs. The following products are already available:

IOS
Wallet
Android
Wallet
Telegram
Bot
Blockchain
Console
Blockchain
Explorer
Create Your Own

Coins

Over the first 30 years of its existence, the Internet has taught us to exchange information. Now the time has come for new opportunities to arrive—e.g., creating value and distributing it in a limitless, decentralized, and cross-border manner.

Any individual, community, or organization can now create their own coin, determine its value and terms of use, and start using it right away. Among the most vivid examples of such coins are loyalty points, game credits, and even a cryptocurrency.

Blockchain

The Minter network is one of the most promising blockchains of our time. But what exactly is it? Putting it into plain English for developers:

  • Distributed database;
  • Trusted vault. Once the data is written on a blockchain, it cannot be erasedor compromised;
  • Ledger database. State-of-truth can be reached by applying all past transactions;
  • A set of built-in smart contracts;
  • Full access to all data available, including the full list of all transactions (free, no limitations);
  • Creation of transactions (an update of a database, charges apply);
  • Account identification, based on ECDSA;
  • Distributed peer-to-peer network => protection from DDoS;
  • Ability to send transactions either from one’s own node or from a node that belongs to a third party;
  • Protection from sending the same transaction multiple times;
  • Protection from double-spending.

The primary features of Minter that set it apart from others are detailed documentation about its functionality, an active dev community, and ready-to-use, open-source applications.

More detail

Meetups & Contests

Don’t miss out on the chance to meet our team in person at the Crypto Barbecue open-air event. Along with the opportunity to talk directly with people behind the Minter project and ask them anything you want, you will also be treated to some really delicious food and drink!

Next Meetup

#CryptoBBQ
August 23, 2018
БЕРЕZЫ ПАРК, Moscow, Russia

Find out More

Simple Wallets

Mobile wallets are a must-have for modern people. One way or another, we all conduct small everyday transactions, be it sending some money to a friend or paying for goods or services. Blockchain brings what people value most—security, privacy protection, and low fees.

  • The data on a blockchain cannot be falsified or reversed. As long as you keep your private key, you can restore your wallet on any device.
  • Despite being as transparent as possible, blockchain encrypts information about a payer and a payee.
  • High transaction costs have long been a headache for many people. With Minter, all you will need to spend is a few cents per transaction.

Crowdfunding

f it’s not an ICO that you want to raise money for, don’t worry: blockchain will help you raise funds for your education or even starting an international charity. The key features are transparency and scarcity.

  • Thanks to blockchain, all transactions and information about them are visible to all members of the network.
  • With Minter, you can set the token supply for your project’s cryptocurrency from the very beginning (or, for example, if you want to pay your tuition, you may not want to collect more money than needed).

Bets and Stakes

Sports, auctions, one-time events . . . People tend to spend huge money on betting. The odds are, they look for fast identification, integrity, and fast payouts.

  • Today, betting is no easy task—people need to take many steps before placing the bets, such as sending in the ID documents and passing a video interview with the service’s officer. With all of the necessary data stored on a blockchain, the verification process becomes much faster.
  • It doesn’t matter whether the betting company wants to part with its money. Once a smart contract has been programmed, it will execute exactly as it’s set up to.
  • The money transfer is carried out right away. Collect your winnings without having to leave the house.

Gaming Money

Game credits allow players to buy in-game items. But virtual money stays virtual and is of no use in real life. Blockchain can change that, for good.

  • Transform hundreds of hours you’ve played into real, liquid capital.
  • As a publisher of game series, you can direct the audience from one of your games to another, stimulating new activity. As a player, you can distribute all of your game credits between the games of your choice.

Prize Pools

Before this year’s World Cup, a blockchain platform Waves distributed free “soccer tokens” for its users. The company said it would buy back the tokens according to the pre-announced price of the winning team. That’s a great example of how blockchain could be used for paying the winners. What do they prefer, then? The answer is, transparency and divisibility.

  • With blockchain, transparency is not an issue, as the company sets out all the terms in a smart contract in advance.
  • However small the amount of the prize is, the winner will receive it anyway.

Gift Cards and Codes

Whether you want to make a gift to someone you care about or just buy a new PlayStation Network game for yourself, a gift card is a perfect choice. When it comes to buying one, people consider authenticity and transferability.

  • Some distributors of gift cards send the same code multiple times and therefore deceive people. Blockchain makes this problem vanish into the air.
  • Once you’ve bought the tokens, you can either instantly redeem them yourself or transfer them to someone else.

Loyalty Points

Loyalty points are excellent for embracing people to become your returning customers. What people want from them is ability to convert and durability.

  • Imagine if you could turn loyalty points from your favorite online shop into game credits of a new indie game.
  • People do not want their loyalty bonuses to be lost. Blockchain is a decentralized network, which means that the data cannot be lost due to a breach of a central server—it simply does not exist.

Tickets

A ticket, a season pass, or access to a file could all be paid for in cryptocurrency and stored on a blockchain. The main advantage for users is quite obvious: it’s immutability.

  • Your ownership is cryptographically protected—no one can pretend to be you or claim your seat.

Community Money

All creators will be able to not only communicate directly with their fans but also to build long-term economic relations. What does this mean?

  • Direct Interaction. You will now have a unique opportunity to help someone whose work you admire directly.
  • Part of a Project. Feel being part of something big and participate in success stories yourself.

Development Bounties

It’s always important to reward those involved in building success behind your project. And what technology can do it better, other than blockchain?

  • Rewarding. The more you help, the more you get. Blockchain is especially good at rewarding people according to the efforts they put in.
  • Extending. When people help the project they like, they want to participate in its further development and often to exchange their bounty rewards for some goods or services on the platform.

Crypto Checkout

Accept any currency you want—that’s what defines a truly free market.

  • Fungibility. Pay in any fiat or crypto currency to your liking—it will be automatically converted into the cryptocurrency of the seller’s choice.
  • Convenient Accounting. As a business owner, you will no more need to face problems connected with converting a foreign currency into a national one.