In the rapidly evolving world of cryptocurrencies, managing various digital assets efficiently can be daunting. Enter Minerva Wallet, the next-gen solution for seamless digital asset management. Minerva Wallet is not just another mobile wallet; it supports multiple blockchains like Ethereum, xDai Chain, ARTIS, and POA Core, along with their corresponding test networks. What sets Minerva Wallet apart is the Minerva Wallet SuperToken (MIVA), an ERC-20 compatible utility token designed to offer a plethora of benefits and incentives to its users. Whether you're looking to manage your cryptocurrencies, connect to DApps, or soon, buy crypto directly within the app, Minerva Wallet aims to simplify and revolutionize your digital finance experience. Explore more to see why Minerva could be a game-changer in the crypto wallet space.
What Is Minerva Wallet SuperToken (MIVA)?
The Minerva Wallet SuperToken (MIVA) is an ERC-20 compatible utility token designed to provide a wide range of benefits and incentives for Minerva Wallet users. Minerva Wallet itself is a mobile wallet that currently supports Ethereum, xDai Chain, ARTIS \u22111, and POA Core, as well as the test networks Rinkeby, Ropsten, Görli, Kovan, ARTIS \u03c41, POA Sokol, and LUKSO L14.
With Minerva Wallet, you can create multiple accounts to manage your assets, connect to DApps with WalletConnect, create Decentralized Identifiers (DIDs), and soon, you will also be able to buy cryptocurrencies directly within the app.
What Makes Minerva Wallet SuperToken Unique?
The Minerva Wallet SuperToken (MIVA) stands out due to its unique features and utility within the Minerva Wallet ecosystem. Here are some key aspects that make MIVA unique:
- Transferability: The MIVA token can be freely transferred between accounts and exchanged for other assets on the xDai Chain. It can also be moved to other chains via established bridges.
- Streaming Capability: MIVA is the first token that supports streaming natively. This means you can stream your MIVA tokens to other accounts continuously, provided the network supports streaming.
- Future Use Cases: The MIVA token is planned to be used for various purposes, including:
- Referral campaigns
- Completing tasks and promo actions
- Access to premium features
- Special recovery services
- Discounts on swaps and crypto purchases
- Transaction fee payments
- Prioritized personal support
- Feature voting rights
How Many Minerva Wallet SuperToken Are There In Circulation?
The total supply of MIVA tokens is capped at 1 billion. The distribution model is designed to ensure the long-term sustainability and growth of the Minerva Wallet ecosystem. Here’s how the tokens are allocated:
- User Engagement: 40%
- Minerva Wallet Community: 15%
- Team: 15% (with a vesting strategy through streaming)
- Reserve: 30% (untouched as long as other important pools are not depleted)
The circulating supply will gradually increase over time through various incentive and rewarding programs, depending on the monthly active users of the Minerva Wallet. More details will be presented once the Minerva Wallet is made available to a broader audience.
Where Can I Buy MIVA?
Currently, MIVA can only be traded on decentralized exchanges (DEXs) like Honeyswap on the xDai Chain, with cryptocurrency and stablecoin pairs such as MIVA/xDai and MIVA/HNY.
Token Market Data
Here are some key statistics for the Minerva Wallet SuperToken (MIVA):
- Current Price: $0.0042
- Market Cap: $0.00
- 24h Price Change: -1.25%
- 7d Price Change: 0.44%
- 30d Price Change: 6.22%
- 24h High: $0.0043
- 24h Low: $0.0042
- All-Time High: $0.0663 (2021-11-17)
- All-Time Low: $0.0037 (2023-12-13)
- Circulating Supply: 0.00
- Total Supply: 0.00
The Purpose and Utility of the Minerva Wallet Crypto Token
The Minerva Wallet crypto token, known as MIVA, is designed to provide a wide range of benefits and incentives for users of the Minerva Wallet. Built on the Gnosis Chain (formerly xDai Chain), MIVA is ERC-20 compatible and serves multiple purposes within its ecosystem:
- Governance: MIVA acts as a governance token for the Minerva Wallet Decentralized Autonomous Organization (DAO), allowing token holders to vote on decisions related to the wallet's future and access to specific services and features.
- Incentives: Users can earn MIVA tokens through referral campaigns, completing tasks, and participating in promo actions.
- Premium Features: Access to premium features within the Minerva Wallet.
- Special Services: Special recovery services and prioritized personal support.
- Discounts: Discounts on swaps, crypto purchases, and transaction fee payments.
- Feature Voting: Voting rights for upcoming features and DApp listings.
Tokenomics and Distribution Model
The tokenomics of MIVA are designed to ensure the long-term sustainability and growth of the Minerva Wallet ecosystem. The total supply of MIVA tokens is 1,000,000,000, with the following distribution model:
- Community Treasury: 30%
- Funding & Grants: 30%
- Core Contributors: 15%
- Ecosystem: 15%
- Users: 10%
The circulating supply is gradually increased over time through various incentive, funding, and rewarding programs, depending on the growth in monthly active users of the Minerva Wallet.
Mechanisms to Control Inflation
Minerva Wallet has implemented mechanisms to control inflation, ensuring the stability and value of the MIVA token. These mechanisms include:
- Gradual Increase in Circulating Supply: The circulating supply is gradually increased over time through various incentive, funding, and rewarding programs.
- Vesting Strategy: Core contributors receive MIVA tokens through a vesting strategy with streaming, ensuring a controlled release of tokens.
The Team Behind Minerva Wallet
The Minerva Wallet crypto token is developed by lab10 collective, a team dedicated to co-creating a zero-carbon society using the most efficient and sustainable blockchain solutions available. The team has a strong track record in building blockchain solutions for various sectors, including energy, mobility, and finance.
Key Team Members
- Kevin McSheehan: Founder and CEO, experienced executive producer with a strong background in technology and business development.
- Corey Jackson: Founder and CTO, lead developer with expertise in blockchain technology and smart contracts.
Notable Advisors and Partners
Minerva Wallet has attracted notable advisors, partners,
