Minerva Wallet price

MIVA

#8497

Minerva Wallet SuperToken is a utility token, planned to provide benefits and incentives for Minerva Wallet users.

The MIVA token can be freely transferred between accounts and exchanged for other assets on the xDai Chain as well as moved to other chains via established bridges.

It is also the first token that supports streaming natively. This means that you can stream your MIVA token to other accounts continuously as long as the network you want to do that on supports streaming.

Probable future use cases for the MIVA token:

• Referral campaigns
• Completing tasks and promo actions
• Premium features access
• Special recovery service
• Discounts on swaps
• Discounts on crypto purchases
• Transaction fee payment
• Prioritized personal support
• Feature voting rights

The max supply of 1 billion will be distributed as follows:

The largest portion of the token supply is reserved for the user engagement (40%) and the Minerva Wallet community (15%) in order to scale up the token economics for the Minerva Wallet. The team (15%) will receive tokens in line with a vesting strategy through streaming and the reserve (30%) is not touched as long as other important pools are not depleted.

With various incentive and rewarding programs the circulating supply will be gradually increased over time and will depend 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.

Minerva Wallet is a comprehensive mobile application designed to facilitate the management of sovereign identities, personal data, and financial assets. It stands out by offering users full control over their assets while providing access to a wide array of features and integrations. This wallet supports a variety of blockchain networks including Ethereum, xDai Chain, ARTIS ∑1, and POA Core, along with several test networks such as Rinkeby, Ropsten, Görli, Kovan, ARTIS τ1, POA Sokol, and LUKSO L14. This versatility allows users to manage multiple accounts, connect to decentralized applications (DApps) via WalletConnect, create Decentralized Identifiers (DIDs), and, in the near future, purchase cryptocurrencies directly within the app.

The Minerva Wallet introduces its governance token, MIVA, an ERC-20 compatible SuperToken, designed to offer benefits and incentives to its users. MIVA can be transferred between accounts, exchanged for other assets on the xDai Chain, and moved to other chains through established bridges. Unique to MIVA is its native support for streaming, enabling continuous token transfers to other accounts as long as the underlying network supports this feature.

MIVA's potential use cases include referral campaigns, access to premium features, special recovery services, discounts on swaps and crypto purchases, transaction fee payments, prioritized personal support, and feature voting rights. The token's distribution strategy aims to engage and grow the community, with 40% of the max supply of 1 billion tokens reserved for user engagement and 15% for the community. The team will receive 15%, with a vesting strategy through streaming, while the remaining 30% serves as a reserve.

Currently, MIVA is available for trading on decentralized exchanges (DEXs) within the xDai Chain ecosystem, offering pairs like MIVA/xDai and MIVA/HNY. As with any cryptocurrency or digital asset, potential users and investors should conduct thorough research and consider the application's features, benefits, and the broader ecosystem's potential growth before engaging with the platform or its associated tokens.

The security of the Minerva Wallet is a multifaceted approach, ensuring users have a secure and private experience while managing their digital assets. At its core, the wallet empowers users by giving them full control over their cryptographic keys and unique identifiers. This means that the security of the wallet and the assets within it is directly in the hands of the user, emphasizing the importance of personal responsibility in the digital asset space.

Further enhancing its security measures, Minerva Wallet incorporates advanced security features such as two-factor authentication (2FA) and biometric login options. These layers of security not only add an extra step of verification but also personalize access, making it significantly harder for unauthorized users to gain access to the wallet. Encryption plays a critical role in protecting sensitive information stored within the wallet, ensuring that even if data were to be intercepted, it would remain indecipherable.

Blockchain technology itself provides a robust layer of security. By leveraging the inherent security features of blockchain, such as decentralization and immutability, Minerva Wallet ensures that transactions are secure and tamper-proof. This is crucial for maintaining trust and integrity within the ecosystem.

Privacy is another cornerstone of Minerva Wallet's security strategy. Operating as a non-custodial wallet, it allows users to maintain sovereignty over their identity and funds. This means that users are not required to relinquish control of their private keys to a third party, reducing the risk of centralized data breaches and providing peace of mind regarding the safety of their assets.

It's important for users to conduct their own research and understand the security features and responsibilities associated with managing a digital wallet. The combination of user control, advanced security measures, and the inherent benefits of blockchain technology makes Minerva Wallet a secure option for managing digital assets.

Minerva Wallet is designed as a multifaceted tool for the digital asset space, emphasizing user control and security. It supports a variety of blockchain networks, including Ethereum and xDai Chain, among others, and offers the ability to manage multiple accounts, connect to decentralized applications (DApps) via WalletConnect, and create Decentralized Identifiers (DIDs). Additionally, it plans to introduce direct cryptocurrency purchases within the app.

The Minerva Wallet SuperToken (MIVA), an ERC-20 compatible utility token, plays a central role in the ecosystem. It facilitates a broad spectrum of functions and incentives for its users. These include but are not limited to, managing sovereign identities, data, and finances. Users can access premium features, special recovery services, and enjoy discounts on swaps and crypto purchases. Moreover, MIVA serves as a governance token, granting voting rights on future developments and decisions within the Minerva Wallet Decentralized Autonomous Organization (DAO).

MIVA also introduces innovative features like native support for streaming, allowing tokens to be continuously transferred between accounts as long as the underlying network supports this functionality. This feature could revolutionize how transactions and payments are conducted within the blockchain space.

The token distribution strategy ensures a significant portion of the supply is allocated towards user engagement and community building, with a max supply of 1 billion MIVA tokens. This approach aims to foster a robust and active ecosystem around Minerva Wallet.

For those interested in acquiring MIVA tokens, they are currently available on decentralized exchanges (DEXs) operating on the xDai Chain. This accessibility ensures that users can easily participate in the Minerva Wallet ecosystem and benefit from its wide range of features and incentives.

It's crucial for potential users and investors to conduct thorough research and consider their specific needs and the unique aspects of Minerva Wallet and the MIVA token before engaging with the platform.

Minerva Wallet has experienced several significant milestones that have contributed to its development and expansion within the cryptocurrency ecosystem. Initially, the wallet made its debut on popular mobile platforms, significantly increasing its accessibility to users worldwide. This move was pivotal in allowing individuals to manage their digital identities, assets, and transactions seamlessly from their mobile devices.

Further enhancing its utility, Minerva Wallet broadened its support to include multiple EVM-compatible chains, such as Ethereum, Polygon, and BNB Chain. This integration allowed users to interact with a wider range of decentralized applications (DApps) and services, facilitating a more versatile and comprehensive user experience.

A notable development in the project's journey was the introduction of the Minerva Wallet SuperToken (MIVA), an ERC-20 compatible utility token. MIVA was designed to offer various benefits and incentives to Minerva Wallet users, including but not limited to referral campaigns, access to premium features, discounts on swaps and crypto purchases, and voting rights on future features. The launch of this governance token marked a significant step towards decentralizing the project's decision-making process and engaging the community in its development.

In addition to these technical advancements, Minerva Wallet has also forged strategic partnerships with entities such as Mt Pelerin and Superfluid. These collaborations aim to enhance the wallet's capabilities and integrate new functionalities, further solidifying its position in the market.

A testament to its growing adoption and utility, Minerva Wallet recently celebrated reaching 200 million transactions on-chain. This milestone underscores the wallet's reliability, scalability, and the trust it has garnered from the cryptocurrency community.

As the project continues to evolve, it remains committed to simplifying the management of digital identities and assets, ensuring that users have a secure, user-friendly platform for their cryptocurrency needs. It's important for individuals to conduct thorough research and consider their own financial situation before engaging with cryptocurrency platforms.