Name: Mist
SKU: MIST
Price: 0.002113391267 USD

EXECUTlVE SUMMARY&nbsp;Mist is а Blockchain-based action RPG game centered around NFTs, Staking, and Farming. Built with Unity using the in-house Mist NFT Game Framework (MNGF), the project offers players an immersive in-game environment with five рlауer character classes and countless spells, abilities, and environments.&nbsp;ln-game NFTs are obtained via rare monster drops and in-game events. The NFTs in Mist are not like the typical "collective card" NFTs so common in crypto today. Instead, they are usage and functional NFTs that can bе inserted into the Mist Game Framework and become special in-game items.&nbsp;These NFTs can bе bought or sold both in the in-game exchanges (auction houses) or in 3rd party NFT exchanges outside the game world.&nbsp;Players can stake the in-game currency (the MIST native token) Bу purchasing or investing in in-game businesses, such as taverns, general stores, and more. Ву "staking" this way, players earn rewards as in-game businesses generate revenue.&nbsp;Players can also farm bу "purchasing" farmland, farms, or livestock. As your farms work, you receive rewards.&nbsp;All of these elements are built and run on the Binance Smart Chain. Each function is intertwined with the Blockchain, and the MIST in-game currency is creatively used for these functions.&nbsp;TOKEN USE&nbsp;The MIST native token will bе used to purchase and swap for NFTs in-game and outside the game world. We foresee this being one of the main uses of the token. The in-game auction houses will allow players to list their NFTs for sale and swap them for the MIST native token.&nbsp;Additionally, the MIST native token can bе staked and used for farming outside the game universe. When users stake or use the token to farm, they will receive rewards.&nbsp;The MIST token is connected to and synchronized with the Вinance Smart Chain. As such, it can bе easily, quickly, and cheaply sent from one wallet to another on the network.<ul><li>Killing monsters</li><li>Completing quests</li><li>Selling items in-game</li><li>Selling NFTs in-game</li><li>Farming in-game (through buying in-game farm real estate)</li><li>Staking in-game (through buying in-game businesses)</li><li>Farming outside the game (on our website or partners' websites)</li><li>Staking outside the game (on our website or partners' websites)</li><li>Buying on an exchange and sending to your in-game character</li></ul>

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Halvings reduce bitcoin creation rate, slowing down emission temps over time. This leads to curbing inflation. Decreased block rewards make miners rely more on transaction fees, potentially leading to higher fees and a self-sustaining network. Scarcity often drives up prices, attracting investors seeking hedging against inflation, impacting Bitcoin's economic dynamics. That’s why Bitcoin is often called “Store of Value”.

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Fear & Greed Index indicates the current market sentiment. There are 4 possible ranges: Extreme Greed, Greed, Fear, and Extreme Fear.<li>Greed means that traders and investors feel too greedy. This may indicate that the market is due for a correction.</li><li>Fear means that traders and investors are too worried, close to panic sells. This could indicate a good entry point.</li>It is also important to analyze how FGI changed over the period of time, for example in one day, week, or month.

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There have been three Bitcoin halvings since the launch of the Bitcoin blockchain. These previous halvings occurred in the following years:{br}{br}First Halving: November 28, 2012; the block reward was reduced from 50 BTC per block to 25 BTC per block.{br}{br}Second Halving: July 9, 2016; the block reward was reduced from 25 BTC per block to 12.5 BTC per block.{br}{br}Third Halving: May 11, 2020; the block reward was reduced from 12.5 BTC per block to 6.25 BTC per block.{br}{br}Fourth Halving: April 20, 2024; the block reward was reduced from 6.25 BTC per block to 3.125 BTC per block.

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The Bitcoin halving event, which is a process that reduces the reward for mining new Bitcoin blocks in half, has significant implications for miners, investors, traders, and users of the Bitcoin blockchain. These implications can be observed in both the short term and the long term. Let's explore some of the key implications in more detail:

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Bitcoin halving occurs to control the issuance of new bitcoins and ensure the cryptocurrency's scarcity. Bitcoin's protocol limits the rate at which new bitcoins are created, gradually slowing down the growth of its total supply. This deliberate scarcity is designed to mimic the scarcity and controlled supply of precious commodities like gold, making Bitcoin an attractive store of value and a hedge against inflation.

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Bitcoin halvings reinforce its reputation as a long-term investment by reducing the rate of supply issuance, making it scarcer over time. This scarcity, coupled with the network's growing adoption and utility, can enhance Bitcoin's appeal as a store of value and a hedge against inflation, attracting long-term investors.

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Bitcoin halvings directly impact miners by reducing their block rewards, cutting their income in half. This event can lead to increased competition and pressure on less efficient miners, potentially forcing some to exit the mining ecosystem while incentivizing more efficient operations and technological advancements.

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Mining difficulty is a measure of how much computing power it is required to mine new blocks in a blockchain network. It adjusts regularly to maintain a consistent rate of block production. When more miners join the network, the difficulty increases; when miners leave, it decreases.{br}{br}Hashrate, on the other hand, represents the computational power of the network's miners. It measures how many calculations a network can perform per second. A higher hashrate indicates a more secure and competitive network, as miners with more computational power are more likely to mine new blocks and receive rewards.

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Bitcoin halvings can influence the hash rate and network security by potentially leading to fluctuations in miners' profitability. If the price doesn't rise significantly to compensate for the reduced block rewards, some miners may leave the network, temporarily lowering the hash rate and potentially making the network more vulnerable to attacks until the difficulty adjusts.

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The next Bitcoin halving is expected to occur in March 2028, when the block height number hits 1,050,000. After that, the next block’s reward will be halved: 1.5625 BTC instead of 3.125 BTC.

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Bitcoin halvings can increase price volatility because they create uncertainty about future supply reductions. The expectation of reduced issuance can attract speculative trading and result in price fluctuations as market participants respond to changing supply dynamics. This can lead to both upward and downward price swings before and after halving events.

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The key to Bitcoin's long-term success lies in its Proof-of-Work consensus mechanism within a peer-to-peer environment. This mechanism operates independent of external inputs like clock readings. Proof of Work is based on a fundamental truth: computation requires work, and work requires energy and time in our universe.{br}{br}Difficulty adjustments are necessary to prevent Bitcoin's internal clock from speeding up due to increased miner participation or improved mining devices. Without these adjustments, the value of Bitcoin would quickly decline.

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Bitcoin's maximum supply is capped at 21 million Bitcoins. This limit is hard-coded into the Bitcoin protocol and cannot be changed without overwhelming consensus from the network's participants. The maximum supply of 21 million bitcoins will be reached around the year 2140, when the last bitcoin will be mined.

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Bitcoin halvings reinforce the scarcity of supply by reducing the rate at which new bitcoins are created. This controlled reduction in issuance over time maintains and strengthens Bitcoin's inherent scarcity, ultimately enhancing its appeal as a store of value.

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