Tokenomics & Utility
How It Works: XP, COIN, and $MINT
Mint’s reward architecture is designed as a three-tiered economic loop that seamlessly integrates off-chain engagement with on-chain token utility, enabling a fluid user experience that transitions from casual gameplay to fully tokenized participation.
Core Economic Units
Unit | Type | Description |
XP | Off-chain points | Accumulated through free gameplay, daily quests, and engagement-driven tasks, serving as a non-transferable metric of user activity and loyalty. |
COIN | Internal balance | A platform-specific digital ledger unit used exclusively for wagering within Telegram Mini Apps and the WebApp. It is pegged 1:1 to USD for transparency and ease of calculation but is not a transferable cryptocurrency. |
$MINT | On-chain token | The native Web3 utility token of Mint, facilitating staking, governance participation, redemptions, and access to premium ecosystem features. |
System Flow
Free Gameplay / Quests: Users engage with mini-games and complete daily challenges to earn XP, fostering organic engagement without financial risk.
XP Utilization: XP acts as a gateway currency, allowing users to unlock platform features or convert their accumulated XP into $MINT tokens, bridging the off-chain and on-chain economies.
$MINT Staking & Spending: Converted $MINT tokens can be staked to unlock VIP-level privileges or spent on redeemable products and services such as exclusive device access (Mint Phone) and banking utilities.
Simultaneously:
Users deposit fiat or cryptocurrencies via on-ramp integrations, which are internally converted to COIN (USD-pegged balance).
COIN is used to place real-money wagers within the WebApp environment.
Optionally, COIN balances can be converted into $MINT tokens, enabling further utility within the ecosystem.
Conversion Mechanics
XP to $MINT: Conversion rates between XP and $MINT are dynamically adjusted in real-time, governed by the platform-wide velocity of XP accrual and the size of the reward pool. This ensures economic balance and aligns incentives with active participation levels.
User Interface: The conversion process is fully integrated within the platform UI, offering optional token lockup incentives that reward longer-term holding with improved conversion rates.
COIN ↔ USD: COIN functions as an internal stable unit pegged 1:1 to USD, simplifying wager accounting. Fiat and crypto deposits are processed through Mint’s backend infrastructure and reflected in user balances as COIN.
Winnings Management: Users can retain their winnings as COIN or opt to withdraw in fiat or supported cryptocurrencies, subject to their respective KYC verification tier and withdrawal limits.
$MINT Utility Activation
Unlock exclusive VIP features such as improved betting odds and entry into premium tournaments.
Stake tokens to generate passive yields or assume governance roles influencing platform decisions.
Redeem tokens for tangible assets including the Mint Phone hardware, financial products like Mint-branded bank cards, and digital perks within the ecosystem.
Summary Table
User Action | Earns | Spendable With | Convertible To |
Playing free games | XP | XP | $MINT (optional) |
Depositing fiat/crypto | COIN | COIN | $MINT (optional) |
Holding/Staking $MINT | Yield, Access | $MINT | Loyalty Perks |
This multi-layered economic design enables a smooth and intuitive transition from traditional Web2-style user participation to full Web3 asset ownership. It empowers Mint to effectively engage and monetize a diverse user base ranging from casual Telegram players to high-frequency crypto bettors, fostering sustainable growth and ecosystem vitality.
Mint’s reward architecture is designed as a three-tiered economic loop that seamlessly integrates off-chain engagement with on-chain token utility, enabling a fluid user experience that transitions from casual gameplay to fully tokenized participation.
Core Economic Units
Unit | Type | Description |
XP | Off-chain points | Accumulated through free gameplay, daily quests, and engagement-driven tasks, serving as a non-transferable metric of user activity and loyalty. |
COIN | Internal balance | A platform-specific digital ledger unit used exclusively for wagering within Telegram Mini Apps and the WebApp. It is pegged 1:1 to USD for transparency and ease of calculation but is not a transferable cryptocurrency. |
$MINT | On-chain token | The native Web3 utility token of Mint, facilitating staking, governance participation, redemptions, and access to premium ecosystem features. |
System Flow
Free Gameplay / Quests: Users engage with mini-games and complete daily challenges to earn XP, fostering organic engagement without financial risk.
XP Utilization: XP acts as a gateway currency, allowing users to unlock platform features or convert their accumulated XP into $MINT tokens, bridging the off-chain and on-chain economies.
$MINT Staking & Spending: Converted $MINT tokens can be staked to unlock VIP-level privileges or spent on redeemable products and services such as exclusive device access (Mint Phone) and banking utilities.
Simultaneously:
Users deposit fiat or cryptocurrencies via on-ramp integrations, which are internally converted to COIN (USD-pegged balance).
COIN is used to place real-money wagers within the WebApp environment.
Optionally, COIN balances can be converted into $MINT tokens, enabling further utility within the ecosystem.
Conversion Mechanics
XP to $MINT: Conversion rates between XP and $MINT are dynamically adjusted in real-time, governed by the platform-wide velocity of XP accrual and the size of the reward pool. This ensures economic balance and aligns incentives with active participation levels.
User Interface: The conversion process is fully integrated within the platform UI, offering optional token lockup incentives that reward longer-term holding with improved conversion rates.
COIN ↔ USD: COIN functions as an internal stable unit pegged 1:1 to USD, simplifying wager accounting. Fiat and crypto deposits are processed through Mint’s backend infrastructure and reflected in user balances as COIN.
Winnings Management: Users can retain their winnings as COIN or opt to withdraw in fiat or supported cryptocurrencies, subject to their respective KYC verification tier and withdrawal limits.
$MINT Utility Activation
Unlock exclusive VIP features such as improved betting odds and entry into premium tournaments.
Stake tokens to generate passive yields or assume governance roles influencing platform decisions.
Redeem tokens for tangible assets including the Mint Phone hardware, financial products like Mint-branded bank cards, and digital perks within the ecosystem.
Summary Table
User Action | Earns | Spendable With | Convertible To |
Playing free games | XP | XP | $MINT (optional) |
Depositing fiat/crypto | COIN | COIN | $MINT (optional) |
Holding/Staking $MINT | Yield, Access | $MINT | Loyalty Perks |
This multi-layered economic design enables a smooth and intuitive transition from traditional Web2-style user participation to full Web3 asset ownership. It empowers Mint to effectively engage and monetize a diverse user base ranging from casual Telegram players to high-frequency crypto bettors, fostering sustainable growth and ecosystem vitality.
Mint’s reward architecture is designed as a three-tiered economic loop that seamlessly integrates off-chain engagement with on-chain token utility, enabling a fluid user experience that transitions from casual gameplay to fully tokenized participation.
Core Economic Units
Unit | Type | Description |
XP | Off-chain points | Accumulated through free gameplay, daily quests, and engagement-driven tasks, serving as a non-transferable metric of user activity and loyalty. |
COIN | Internal balance | A platform-specific digital ledger unit used exclusively for wagering within Telegram Mini Apps and the WebApp. It is pegged 1:1 to USD for transparency and ease of calculation but is not a transferable cryptocurrency. |
$MINT | On-chain token | The native Web3 utility token of Mint, facilitating staking, governance participation, redemptions, and access to premium ecosystem features. |
System Flow
Free Gameplay / Quests: Users engage with mini-games and complete daily challenges to earn XP, fostering organic engagement without financial risk.
XP Utilization: XP acts as a gateway currency, allowing users to unlock platform features or convert their accumulated XP into $MINT tokens, bridging the off-chain and on-chain economies.
$MINT Staking & Spending: Converted $MINT tokens can be staked to unlock VIP-level privileges or spent on redeemable products and services such as exclusive device access (Mint Phone) and banking utilities.
Simultaneously:
Users deposit fiat or cryptocurrencies via on-ramp integrations, which are internally converted to COIN (USD-pegged balance).
COIN is used to place real-money wagers within the WebApp environment.
Optionally, COIN balances can be converted into $MINT tokens, enabling further utility within the ecosystem.
Conversion Mechanics
XP to $MINT: Conversion rates between XP and $MINT are dynamically adjusted in real-time, governed by the platform-wide velocity of XP accrual and the size of the reward pool. This ensures economic balance and aligns incentives with active participation levels.
User Interface: The conversion process is fully integrated within the platform UI, offering optional token lockup incentives that reward longer-term holding with improved conversion rates.
COIN ↔ USD: COIN functions as an internal stable unit pegged 1:1 to USD, simplifying wager accounting. Fiat and crypto deposits are processed through Mint’s backend infrastructure and reflected in user balances as COIN.
Winnings Management: Users can retain their winnings as COIN or opt to withdraw in fiat or supported cryptocurrencies, subject to their respective KYC verification tier and withdrawal limits.
$MINT Utility Activation
Unlock exclusive VIP features such as improved betting odds and entry into premium tournaments.
Stake tokens to generate passive yields or assume governance roles influencing platform decisions.
Redeem tokens for tangible assets including the Mint Phone hardware, financial products like Mint-branded bank cards, and digital perks within the ecosystem.
Summary Table
User Action | Earns | Spendable With | Convertible To |
Playing free games | XP | XP | $MINT (optional) |
Depositing fiat/crypto | COIN | COIN | $MINT (optional) |
Holding/Staking $MINT | Yield, Access | $MINT | Loyalty Perks |
This multi-layered economic design enables a smooth and intuitive transition from traditional Web2-style user participation to full Web3 asset ownership. It empowers Mint to effectively engage and monetize a diverse user base ranging from casual Telegram players to high-frequency crypto bettors, fostering sustainable growth and ecosystem vitality.