💫 About
What is this network?
Fog Works is a decentralized network designed to provide secure, private, and efficient data storage solutions. The network leverages blockchain technology and peer-to-peer (P2P) networking to create a distributed storage ecosystem. Users can share their idle storage capacity and earn rewards in the form of DataMall Coins ($DMC), the native token of the network.
How can I mine tokens?
Mining tokens on the Fog Works network involves sharing your unused storage space. By connecting a device like Foggie Max to the network, you can passively earn DMC.
How can I optimize my mining rewards?
To optimize your mining rewards on the Fog Works network, consider the following tips:
- Maximize Storage Availability: Ensure that your device, such as Foggie Max, has ample idle storage capacity available for sharing.
- Maintain Uptime: Keep your device connected and online as much as possible to avoid interruptions in service.
- Regular Backups: Utilize off-site backups to protect your data and ensure continuous service even in case of device failure.
- Efficient Configuration: Properly configure your device and network settings to optimize performance and reliability.
How can I use the network?
Using the Fog Works network involves a few straightforward steps:
- Download & Connect: Download the necessary software and connect your device to power and the internet.
- Configure: Set up your device by connecting your digital wallet and specifying your preferences.
- Start Usage: Begin using the device for daily operations, such as storing and sharing data, and earning rewards for your contributions to the network.
Who governs this network?
The governance of the Fog Works network is influenced by its community through decentralized autonomous organizations (DAOs). These DAOs allow users to participate in decision-making processes and influence the development and evolution of the network's applications and services. This decentralized governance model aims to ensure transparency and community involvement in the network's operations.
Funding
Lingfeng Capital, OKX Ventures, Draper Dragon, Gate Ventures, BlueRun Ventures, OIG Capital
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