NUMI Token NUMI Token

$0.01 -40.86% NUMI
Volume (24h)
$73,948
24h High
$0.02
24h Low
$0.00
Total Market Cap
$9,494,551
Bid / Ask
$0.01 / $0.01
24h Trades
5,582

What is NUMINE Token (NUMI)?

NUMINE Token (NUMI) is an ERC-20 utility token that supports activity on the NUMINE Network, a Web 3.0 content platform that integrates blockchain technology with cultural content such as games, music, films, and books. The NUMI token functions as the core digital asset within the NUMINE ecosystem, enabling interactions across services such as decentralised gaming, NFT trading, content sharing, and the platform’s bridging and conversion systems.

NUMI is used to incentivise ecosystem engagement and powers transactions across the network’s applications. It is bridged between Ethereum and the Avalanche-based NUMINE Subnet via LayerZero and Avalanche Teleporter protocols, with wrapped versions available across networks. The token is also used within a decentralised swap system based on Uniswap V2.

What is NUMINE Token (NUMI) used for?

NUMI is used as a utility and transactional token within the NUMINE Network. Its primary functions include:

  • Platform Utility: NUMI facilitates access to NUMINE’s services, including content creation, publishing, and consumption across games, music, films, and books.
  • Incentivisation: It rewards user engagement, including content interaction, gameplay, and community contribution.
  • In-Game Economy: NUMI is integrated into in-game economies, where it helps regulate supply and demand for virtual goods through flexible distribution models.
  • NFT Marketplace: NUMI is used in the NFT market, both for transaction fees and potentially as a medium of exchange, with restricted access to maintain quality.
  • Swapping and Conversion: NUMI is traded on the platform’s decentralised swap service and supports bridging between Ethereum and Avalanche-based NUMINE chains.
  • Liquidity and Governance Support: It underpins liquidity provision and platform governance, though governance mechanisms are not fully detailed in the current documentation.

NUMI is part of a broader attempt to simplify and expand blockchain content ecosystems, enabling broader participation, particularly for users unfamiliar with Web 3.0 interfaces.

Who created NUMINE Token (NUMI)?

The NUMINE protocol and the NUMI token are developed and operated by HAON PTE. LTD., a company granted exclusive rights by Raonpix Limited, which is referred to as the Foundation behind the NUMINE project.