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Recently I have come across a game that provides cryptocurrency based rewards on how good you are. How neat is that!? If you’re not into “idle type” games, then this may not be for you. However, if you are interested in games that earn you free cryptocurrency (even while you’re offline), then read on!
The game I am talking about is Crypto Idle Miner by Hora Games. The game works like other idle games, where you are required to upgrade certain items, to provide a multiplier to a cash value. Once you reach a certain value, you can “prestige” to start from the beginning with even more multiplication factors. The main goal is to stack as many multipliers as possible in the most efficient way and make the most money (or cryptocurrency) as possible. Crypto Idle Miner has two forms of cryptocurrency, that may become confusing:
- Simulation cryptocurrency – that is mined as part of the idle game. This currency is not real and has no value.
- Hora tokens (Real cryptocurrency) – that is awarded at the end of a season to the best performers.
Please note: Crypto Idle Miner is only a game, and the cryptocurrency that you mine in an idle state within the game, is not real and only a simulation.
The real cryptocurrency that you can actually win (HORA tokens) has been created through a smart contract by the developers of the game (Hora Games). Hora Games will keep 10% of the contract and will pay out the remaining 90% to the players. You receive tokens based on your league position, then once a week, you’re able to transfer the cryptocurrency into a compatible wallet. From there you can hold it, exchange it for money, or other cryptocurrencies.
What are Hora tokens?
Hora Tokens are the in-game currency in Crypto Idle Miner. The tokens are based on the ERC20 standard, used for smart contracts on the Ethereum blockchain. What this means is that the tokens comply with the common rules allowing them to use the Ethereum network. The rules govern token transfer and how the data linked to each token is accessed.
For further understanding, “ERC20” is to Ethereum as “http” is to internet.
As with other cryptocurrencies, the HORA token will be able to be freely traded on the market. Hora Games has plans to use the cryptocurrency in future games as well.
How much are HORA tokens worth?
Currently, the token is worth nothing. The developers have stipulated that they will let the market determine the value of a HOIRA token. Hora games plan on making further games using the same token and plan to introduce marketplaces that utilise the token. There will only be a limited number of tokens (12 billion), which will help with the exclusivity.
How do you earn HORA tokens?
You can earn HORA tokens by competing in leagues within the game. Individuals are separated into various leagues, and tokens are distributed at the end of each season (10-15 days). As can be seen in the below chart, the average token payouts vary depending on what league you are in.
How do the game developers make Money?
Each month, a smart contract will deploy tokens. The value will be the monthly user base x 100 (but no more than 100 million tokens). The tokens will be allocated with 5% going to the development team (Hora Games), 5% to marketing (i.e. referral systems etc), and the remaining 90% will be distributed amongst players.
How do I withdraw HORA tokens to an Ethereum wallet?
Before you withdraw the tokens, you will need to make sure you have an ERC20 compatible wallet.
The recommendation is to have the Enjin Wallet, or the Trust Wallet on Mobile, and/or MetaMask on the computer.
I have downloaded Enjin, as it is the most secure wallet you can get on your mobile. Once you have downloaded the wallet, you will need to allow the HORA token, which you can do by following instructions issued by Hora Games.
Players can make withdrawals one time per week.
Is Crypto Idle Miner a scam?
4. Will this hurt my phone? How can you mine on your phone? This is absurd!
We can guarantee to you that your phone will remain as it was, flawless! This is a simulation game, there is no additional usage of your phone memory/CPU/GPU whatsoever, than there is with any other game that you download from the store and play! Even though there is no real mining within the game, you’ll still be rewarded with HORA Tokens.Hora Games website FAQs
Future plans for Crypto Idle Miner and Hora Games
- The first priority was the development of Crypto Idle Miner
- Creation of a marketplace, allowing players to buy and sell tokenized items
- Creation of a hub to allow users from other games and apps to buy and sell items
- Finalization of further games built
- New partnerships with other players in the industry
I am not one to invest in cryptocurrency, however, I am fully down for earning free cryptocurrency through games. Even if the HORA token is not worth anything now, I am happy to hold it for a while to see what happens. If it never gains any value, well I have spent time on a game that was fun (and I didn’t have to pay for).
This is also my first exposure to physically holding cryptocurrency in a wallet. It’s a completely new world that has opened. I have downloaded the (free) Enjin wallet. The wallet allows me to store Bitcoin, Ethereum, Litecoin & ERC20 ERC721 ERC1155 Tokens. Currently, the Enjin wallet is the most secure mobile cryptocurrency wallet.
Having this wallet now allows me to explore airdrops, and other various cryptocurrency adventures, which is another potential source of income!
Please note: I am not “heads over heels” for cryptocurrency. Cryptocurrency is very risky and I personally don’t buy my own tokens.
More information about Crypto Idle Miner can be found from the Hora Games website.