MOI Staking Service

MOI Official
2 min readMay 23, 2022

❓What is Staking?

Staking refers to making cryptocurrency deposits on the blockchain to verify possession to the platform. As most blockchains reward users for staking, users who stake MOI are qualified to purchase or bid for rare items.

❓What does Staking mean in MOI Project?

Staking participants gain access to participating in all premium items in MOI auctions. Auction items under shared ownership can be traded in different currencies (credit cards, Ethereum). Items under shared ownership in MOI token are available for “rental” to generate profit, which is shared among the owners according to their stake.

During the process of the auction, the participant bears the responsibility to verify the possession and staking of the MOI token.

Thus, staking is being defined in MyOwnItem as the gaining of access and authority to special interaction by depositing and staking the cryptocurrency to the platform.

📝 List of official MOI channels:

Website www.myownitem.com
Facebook www.facebook.com/moi.page.official
Twitter twitter.com/moi__official
Instagram @moi_.official
Telegram t.me/moi_official

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MOI Official

MOI (My Own Item) is a decentralized NFT platform for Minting, trading, bidding and communicating. www.myownitem.com