FAQ | Smart Mining Platform

What is MegaToken?

MegaToken (HPW) is the builder of the first blockchain mining city in West Asia.
MegaToken has tokenized the farm's equipped mining power by creating a mining token equivalent to one watt of electricity used for mining. MegaToken Dapp allows users with tokenized power sources to mine bitcoins and other cryptocurrencies for the first time.
What is the Token Ticker?

HPW
What is the total supply of $HPW?

100,000,000 $HPW (100 Million)
Do you have Official Telegram Channels?

Yes, our official Telegram channels are as follows: English —https://t.me/megatokenhpw

What purpose does HPW serve?

The goal is to provide a comprehensive cloud based smart mining platform with affordable electricity.
MegaToken (HPW) intends to become the most significant mining farm by providing actual mining via innovative mining technology and valuable services.
Does MegaToken have any competitors?

Despite more and more companies entering this space, MegaToken is already more than one year-old, has a product, thousands of users and some competitors.

Will MegaToken have a public sale?

HPW raised some funds through private placement since Q2 2021, meaning that there was not, but we will have a public sale in near future.
How much did HPW raise?

HPW raised just over $7 through private placement in Q3 and Q4 2021.
How much did HPW sell?

HPW sold just over $5 million through ICO.
Is HPW listed on exchanges? And if so, which one/s?

No, we are in ICO phase now, but we will be listed ASAP.
You can also buy $HPW on megatoken.net right now.

What is the circulating supply of $HPW?

The MegaToken (HPW) supply available to the public would be 60% of the total MegaToken (HPW) produced in the first phase.
Will you only focus on mobile app?

We are working on our mobile Android and IOS app. You could download them in near future.

Can I work at MegaToken?

Are you passionate about blockchain technology? If you think you’ve got what it takes to join the team, please check out our careers page here
How do you plan to use your advisors & shareholders?

We have focused on the right advisors who will help us to develop the business, design our products and services and to build our network.

How do you plan to use your advisors & shareholders?

We have focused on the right advisors who will help us to develop the business, design our products and services and to build our network.

What is the process for reviewing third-party code contributions?

The code contribution process starts with a developer opening a pull request to a source code repository such as the HPW repository, which contains Mega Token’s reference implementation of the core HPW Ledger server and protocol.
This pull request triggers automated unit and integration tests, as well as code reviews by several developers who, typically, have significant expertise in the area of code that the pull request affects.
Once the pull request passes automated tests and receives approvals from reviewers, a trusted maintainer of the repo can stage it for inclusion in the next one.
Is it possible to disclose regular business and blockchain development progress?

We have always been very transparent in reaching our milestones, and sharing our journey with the community, whilst still retaining commercial confidentiality, and we will continue to do this. However, we of course have to be careful that the information we share cannot be used by potential competitors in the future. We also have regular updates on our social media.

Is it possible to disclose regular business and blockchain development progress?

We have always been very transparent in reaching our milestones, and sharing our journey with the community, whilst still retaining commercial confidentiality, and we will continue to do this. However, we of course have to be careful that the information we share cannot be used by potential competitors in the future. We also have regular updates on our social media.

How can I stay up to date with HPW news and updates?

Stay up-to-date with all official MegaToken announcements by following the Mega Token LinkedIn, Twitter and other Social Medias as well. The HPW blog provides in-depth articles for those looking for more information about announcements and HPW technical issues.
How up-to-date is your whitepaper?

Our whitepaper is modified and updated according to the business needs. The last revised one is always on the related page.

How do I keep up with current protocol development?

The HPW development team is continuously building the network and protocol. To keep up to date with current progress you can follow the Mega Token GitHub.
How can I participate in building MegaToken?

There are numerous projects working on the development of the HPW ecosystem. You can find a full list of open roles on the HPW job page.

What is Staking Plan?

MegaToken stacking plan is a very attractive design for miners and, the user can increase his mining power in the following cycle.
Which Staking Packages are there?

There are 3 different packages include 90 days, 180 days and 360 days.
What is cloud farming?

Cloud farming is suitable for holding and staking tokens.
The user can start farming a token by providing primary fuel for a long-term investment contract.
In fact, in cloud farming, the same classic mining system takes place, and mining is done according to the SHA-256 algorithm. The more efficient this mining process is, the more the user receives the desired token.
What is the advantage of cloud farming?

- No need to run noisy hardware at home.
- No need to pay for extra electricity.
- No need to buy an expensive crypto mining hardware.
- No need to find a customer for mining’s hardware (for whatever reason if you want to sell them)
- No need to run a proper ventilation system.
- Dealing with possible hardware and software problems related to crypto mining.

How does HPW token staking work?

By using Energy supply and infrastructure
How much is the value of each token?

The value of each HPW token is equivalent to one watt of equipped electricity with mining equipment, which includes electrical equipment, mining equipment, human resource, software, hardware, and other equipment.
The power consumption rate of MegaToken processors is currently 50 Tokens to provide 1 TH/S per mining power.
For instance:
1000 HPW / 50 HPW rate = 20 TH/s
How much maintenance cost will be decreased from daily income?

Maintenance costs are not deducted from your daily income!
At the end of the contract, some tokens will be used for maintenance costs from your staking package, and the rest will be returned.