Minereum Successor, Artemine Announces ICO Campaign

The first self-mining smart contract, Minereum has received the much-awaited upgrade. The updated Minereum version 2.0, better known has Artemine is making the news with loads of improvements.

The Artemine platform signifies a leap forward in the Smart Contract Mining technology and it comes packed with new features, mostly around Genesis Addresses. It is now possible with Artemine to assign different supply for these Genesis Addresses. These addresses can also be transferred and sold automatically. Public Mining is yet another new feature upgrade, which was absent in earlier version of Minereum.

With these new features, Artemine has now become more community oriented, allowing people to trade and profit from more than just the cryptotokens. So far, only Genesis Addresses on Minereum were able to mine new tokens. In the new version, the development team has empowered anyone to make use of the PublicMine function on the Artemine smart contract to generate new coins. The amount of ARTE tokens generated per function call is designed in such a way that the payouts will reduce for every consecutive PublicMine function call.

Driven by the success of Minereum, the Artemine team already have their sights set on further development. They have already released a brief roadmap outlining two major milestones — Genesis Trading Website and ICO factory.

The Genesis Trading Website offers a platform for the community members to trade their Genesis Addresses. Interested buyers can easily purchase them by making use of the “BuyGenesisAddress” function. ICO Factory will be an improvement of the already existing Minereum Token Creation Service. The product will make custom Ethereum token creation much easier than ever. With the help of ICO Factory, anyone can create the token and associated smart contract to run crowdsales in a jiffy.

The Artemine platform is encouraged by the success of its predecessor Minereum. As Minereum tokens, presently traded on LiveCoin, Cryptopia and HitBTC continues to gain traction, Artemine has announced its own crowdsale campaign. The ARTE token sale is going live on September 14, 2017, offering an opportunity for everyone, including those who missed the chance to be part of the Minereum ICO. Those who already possess Minereum tokens can enjoy huge discounts on ARTE tokens.

More information about the ARTE token sale is available on the website. Also, one can follow the updates on the platform’s Twitter channel as well.

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Minereum (MNE), the world’s first self mining smart contract, is going to have a major update with a new token called Artemine (ART), which will be launched as an ICO.

The Artemine’s first draft whitepaper can be seen here: http://artemine.org/ArtemineWhitepaperDraft0.1.pdf

Artemine, which is built on the top of Minereum smart contract code, is aimed at removing the need for big computational infrastructure for crypto mining. It is a novel approach towards creating a low-risk yet profitable model for miners.

Earlier, Minereum had arrived with a similar approach and was able to impress people with its innovative approach towards mining. The project had announced to attribute a total of 32,000 MNE tokens to people who collected their “Genesis Addresses”. The total number of Genesis Addresses collected were then multiplied by 32,000 MNE to calculate the lifetime supply of MNE tokens. And with further introduction of controlled mining, the long-term aspect for MNE’s value became bullish.

Artemine taps the same idea, but brings something new and easy to it. For instance, Minereum didn’t have the facility to transfer Genesis Addresses, but Artemine offers it. Let’s have a look at these upgrades in the table below:


Minereum Artemine
Supply Limited to collected Genesis Addresses multiplied by 32,000 MNE Allows participants to decide how much amount they want to hold depending upon the amount they contribute in the ICO
Transfer Genesis Addresses No Yes
Automatic Sale of Genesis Addresses Not Allowed Allowed
Public Mining Not Allowed Allowed


The Artemine ICO

Minereum Team has not announced yet the date of commencement of the upcoming Artemine ICO, but is hopeful to launch it in September, 2017. The team, however, has released key details about the event. It has confirmed that users will be able to contribute in ETH or MNE. As it further stated, all received MNE will be burned to ensure a smooth movement of funds for Minereum token holders.

The Minereum team has already released a tentative exchange chart indicating a day-by-day breakdown of ART/ETH and ART/MNE pair.

Image link to be embeded: https://image.ibb.co/ix8ubk/Artemine_ICO_Exchange_Rates.png

In the image you can see the price of 1000 ART in ETH and MNE over the 30 days long ICO.

As part of Artemine’s Roadmap they plan to launch two services that will be exclusive to ART:

  • A website platform where users can set their Artemine Genesis Addresses for sale
  • The Token ICO factory, which will be an extension to the current existing Minereum Token Creation Service that allows anyone to create an Ethereum Token (http://tokenservice.minereum.com/). The ICO Factory in addition to allowing creating Tokens will also create ICO Smart Contracts which will allow anyone to setup their Token ICO easily.

The team will be releasing more details in the upcoming days on their Minereum Twitter, Artemine twitter and Minereum ANN Thread.

Minereum (MNE) is currently trading at livecoin.net, cryptopia.co.nz and hitbtc.com under $5.

A new cryptocurrency is set to hit the market soon but in a limited number. It is created and named in honor of the three hundred Spartan warriors who were part of the Battle of Thermopylae. Staying true to the name, the supply is limited only to 300 tokens, most of which will soon be offered in an ICO.

Unlike other cryptocurrencies, the 300 Token is unique as it is the first one to be created using the Minereum Token Service. The 300 Token, like many other popular Ethereum based cryptotokens of the time, is ERC20 compatible.

The creators of 300 Token, do not intend to create an entire cryptocurrency ecosystem around it. Instead, they just plan to create enough hype to showcase the cryptocurrency’s and Minereum Token Service’s capabilities.

Out of the 300 tokens, the platform has made 70% of tokens, that’s 210 coins up for sale on the ICO. And the rest 90 tokens will be held on to by the 300 Token team. With the successful ICO, the platform will end up raising 63 ETH, approximately 7.5 BTC. The funds will be utilized to list the token on different cryptocurrency exchange platforms, which could cost up to 4 BTC and the rest to build a website, pay bounties to the community and gain media exposure.

Minereum is the first self-mining contract that enables people to create their own Ethereum based tokens in an easy and cost-efficient way. The cryptocurrency’s BitcoinTalk page states,

“The only reason why we are doing an ICO is to raise funds to list on exchanges, make website, PR, bounties, etc.”

The BitcoinTalk page also includes detailed instructions for participation in the ICO. Those interested in becoming part of the ICO can do so by sending the ether tokens to the smart contract mentioned on the page.

Given the limited number of tokens, and the platform’s already expressed interest to list it on multiple exchanges, the value of 300 Token is expected to grow rapidly.

Ref & Image: Bitcointalk Page