Q&A

Q: Who is behind MixToEarn?

MixToEarn is fueled by a dynamic group of blockchain visionaries and fervent privacy champions committed to redefining the realms of confidentiality and profitability within the cryptocurrency space.

Q: What are the previous projects or experiences of the MixToEarn team?

Our team consists of experienced individuals with a strong background in blockchain, technology and marketing. While specific details about our previous projects will not be disclosed, our collective expertise will contribute to the development and success of MixToEarn.

Q: Is the team related to Torn or any other privacy applications?

We have no relation to Torn or any other application, Just respect to all privacy advocates.

Q: What sets MixToEarn apart from other privacy-focused blockchain projects?

MixToEarn offers a unique “Earn and Anonymize” feature, a 100% revenue share model that allows users to earn from fees while anonymizing their deposits. This combination of privacy and earnings sets MixToEarn apart and provides a compelling value proposition to users.

Q: What is the benefit of the application to token holders?

As a token holder, you benefit from the success of the MixToEarn ecosystem. The ecosystem’s growth generates more exposure to $MTE, which leads to more development, and marketing funds, ultimately increasing the value of the token. It’s worth noting that by not limiting the dapp exclusively to the token, MixToEarn encourages wider adoption of the application, attracting more users and driving the overall success of the ecosystem. The flexibility and accessibility of the application contribute to its broader appeal.

Q: How does the dapp work exactly?

Users can deposit their ETH into any of the four pools up for grabs. There’s a 1% fee on deposits (minimum 0.01 ETH) that goes straight into the reward pools. The longer you keep your deposit in the pool, the more it earns. And here’s the kicker: the longer it stays, the more anonymized it becomes too. So, you not only earn rewards but also enjoy enhanced privacy. It’s like a win-win situation, where you get to make your ETH work for you while keeping it all hush-hush.

Q: What are zkSNARKs and what do they do in the dapp?

zkSNARKs stands for “zero-knowledge Succinct Non-Interactive Argument of Knowledge. Basically, it’s a cryptographic protocol that works behind the scenes in the MixToEarn dapp. zkSNARKs allow for transactions to be verified without revealing any sensitive information. In our dapp, it’s used in the privacy mixer feature. When users deposit their cryptocurrency, zkSNARKs kicks in and breaks the link between the sender and receiver addresses. This ensures transactional privacy by providing compact proofs of element inclusion. So, in a nutshell, zkSNARKs work their magic to keep your transactions private and secure within the MixToEarn dapp.

Q: Will the dapp be on other chains?

We’re not limiting ourselves to just one blockchain. Our grand vision for the MixToEarn dapp involves expanding its presence beyond Ethereum. We’re actively working towards achieving cross-chain compatibility, so you can expect to see our dapp on multiple blockchain networks. This opens up a world of possibilities and ensures that users can access the fantastic privacy and earning opportunities provided by MixToEarn, no matter which blockchain they prefer.

Q: How are you avoiding the issues that arose with Tornado.cash?

Tornado cash, since its inception, has been facing two issues. The first issue is its revenue-sharing model, which makes $TORN, the native token of the ecosystem, highly inflationary. Users of Tornado.cash deposit Ether into various Tornado pools to receive anonymity points, which can be sold for TORN. To completely avoid this issue, we utilize 100% of the fees generated by the dapp to reward depositors, without allocating any percentage to the protocol founders.

The second issue with TORN is that, in the years prior, Tornado had become the default platform for blockchain users, both licit and illicit, seeking privacy in transactions. However, it failed to provide a solution for licit users. It is hard to deny that the authorities had to take action against Tornado-based money laundering. MixToEarn will solve this issue in a simple yet effective way by introducing customizable Privacy Sets. This feature allows users to prevent hackers and malicious individuals from participating in their transactions, thus creating a challenging environment for money launderers to exploit the system. Users are given the choice to exclude individuals they do not trust from their privacy sets, ensuring that transactions remain secure and private.

Q: Why release the token before the dapp?

Releasing the token before the dapp allows us to establish the foundation of the MixToEarn ecosystem and build a strong community of token holders. It helps generate interest, attract investors, and gather support for the upcoming dapp.

Q: Besides the privacy dapp, are you working on anything else as well or is the main focus going to be the upcoming dapp?

The mixer will be the foundation that will only get better and gain added features over time. It will remain our focus, and we believe in specializing rather than diversifying.

Q: Will the $MTE contract be renounced:

The contract will not be renounced. You can check the audit, as there are limits set to safeguard us from any wrongdoing such as: No mint function No blacklist function No honeypot option No disable trading function Max buy/sell tax 5% Minimum transaction limit: 0.1% With out renouncing, We can lower taxes or accommodate future needs of exchanges or other dApps.

Q: What is the 5% tax used for?

It’s all about funding important stuff like platform development and marketing activities. By implementing this tax, we ensure that MixToEarn has the necessary resources to grow, improve, and stay ahead of the game.

Q: Was there a private sale?

No, there was no private or presale sale for $MTE.

Q: How does MixToEarn plan to attract users and grow its community?

MixToEarn has a comprehensive marketing strategy that includes strategic partnerships with other projects, targeted advertising, social media campaigns, influencer partnerships, and community-driven initiatives. We aim to create awareness and build a vibrant community around the project.