Gomining Product Townhall
The Spaces is a product town hall from GoMining, hosted by Yuan with Chief Product Officer Dan. It focuses on three areas: wallets, the Academy, and the Miner Wars game. On wallets, Dan detailed the Fireblocks-backed custodial wallet, imminent additions of Solana and TON (with Arbitrum and Base to follow for stablecoins), faster/cheaper transactions, broader crypto-to-crypto swaps, and strong adoption of token locking via virtual locks, with multi-lock support coming. He outlined a 2025 virtual/physical Mastercard linked to the custodial wallet (spend BTC, GoMining Token, and stablecoins; no fees; TH/s cashback), a Simple Earn product launching in about a month (one-click, daily BTC payouts on idle assets), and an R&D-stage non‑custodial Web3 wallet aiming for near-instant, low-cost Bitcoin payments. The Academy recap highlighted ~month‑one traction, a steady cadence of articles/guides, a Basics course due by end‑September with higher rewards, an Ambassador course, a 2025 blockchain primer, and a 200+ term glossary. For Miner Wars, Dan announced new Echo and Focus boosts, anti-bot measures (with penalties), a revised league/graduation system to balance play, plans for cheaper spell discounts and a sandbox onboarding, and a fairness-first approach to weekly prize distribution. A one-day 5% code (product5) for digital miners was shared.
GoMining Product Town Hall: Wallets, Academy, Miner Wars — Complete Notes
Speakers and Context
- Host: Referred to during the session as Yan/Yuan/Yuyan/Yanbin (host and moderator)
- Dan: Chief Product Officer (CPO), primary presenter of product updates
- Format: Product town hall covering wallets and custody, roadmap (incl. card integration and earn features), Academy performance and pipeline, and Miner Wars game updates. An exclusive time-limited discount was announced for live listeners.
Agenda Overview
- Wallets and custody: current capabilities, security stack, asset/network expansion, conversions, token locks, card integration, Simple Earn, and a non-custodial Web3 wallet initiative
- Academy: launch recap, engagement metrics, content growth, upcoming courses and glossary
- Miner Wars: new spells, anti-abuse and fairness measures, league subdivision introduced in June, roadmap, and ecosystem role
- Exclusive offer: 5% discount on new digital miners (code: product5, today only)
Wallets and Custody: Security, Utility, and Roadmap
Current State and Vision
- Custodial wallet launched in 2025 as part of evolving from a mining-focused app to a broader crypto earning platform.
- Purpose: beyond storage—be the primary hub to interact with crypto assets inside the GoMining ecosystem (store BTC, convert to GoMining Token for governance/tokenomics utility, and optimize earnings).
- Custody infrastructure: built on Fireblocks to secure user funds and support regulatory compliance across markets.
Asset, Network, and Conversion Enhancements
- Supported networks expansion:
- This week: Solana (SOL) and TON for deposits/withdrawals.
- Next: Arbitrum and Base for stablecoins.
- Transaction system optimizations are in progress for faster, more cost-effective transfers.
- Conversion improvements: moving from “to GoMining Token only” to crypto-to-crypto swaps within custody, broadening utility.
Token Operations and Locks
- In-app staking and governance: users can stake GoMining Tokens directly in-app without connecting an external Web3 wallet, making tokenomics and governance more accessible.
- Milestone: ~150 million GoMining Tokens locked (over one-third of total supply), increasing TVL and token stability.
- Virtual locks & multi-locks:
- Virtual locks have driven adoption; ~90% of positions were opened via virtual locks.
- Less than 18% of remaining tokens are currently held in custody (team frames this as strong traction for custodial plus locks).
- Planned: multiple lock functionality per account to support nuanced strategies (e.g., separate lock durations/amounts rather than one large lock up to 4 years).
Card Integration (Mastercard)
- Product: Virtual and physical Mastercard cards linked to the GoMining custodial wallet.
- Spendable assets: mined BTC, GoMining Tokens, and major crypto (including stablecoins) already available in the system.
- Pricing: targeted no transaction fees, and no monthly or annual management fees.
- Rewards: cashback awarded in terahashes/hashrate on purchases for GoMining card holders.
- Timeline: first announced early 2025; banking partners with favorable rates and stability secured; clear launch dates expected to be announced in September; goal to ship this year.
Simple Earn (Flexible Daily Yield in BTC)
- Product: “Simple Earn” for custodial users to earn daily interest on idle crypto with payouts in Bitcoin.
- Characteristics:
- One-click to start and one-click to redeem; flexible, low-friction experience similar to flexible earn products on other platforms.
- Lower risk profile relative to mining (and correspondingly lower returns).
- Assets deployed to lending, staking, and farming via integrations with top-tier DeFi protocols.
- Withdraw interest and exit at any time.
- Timeline: planned launch in about a month.
Non-Custodial Web3 Wallet (Bitcoin-focused, R&D)
- Concept: a GoMining non-custodial wallet functioning as a top layer for Bitcoin to enable decentralized, near-instant, and commission-free BTC transactions.
- Status: in R&D with substantive progress on design and mechanics; emphasis on practical implementation.
- Partnerships: collaborating with institutions and major market players for adoption and real-world integration.
- Next steps: more details to be shared by marketing next month.
Academy: Onboarding, Education, and Growth
Launch Recap and Engagement Metrics
- Initial launch content: 1 course, ~30 articles, and 5 product guides.
- Adoption (first month+):
- ~200,000 users interacted with Academy content.
- ~50,000 users completed the first course and earned bonus mining days.
- Role in ecosystem: a separate onboarding path introducing mining/crypto fundamentals and security best practices before investment decisions; supports safer, more informed participation.
Content Expansion and Near-Term Pipeline
- Recent additions: 6 more articles and product guides (with 3 additional guides scheduled by end of August).
- Upcoming/updated guides include:
- GoMining VIP Program
- GoMining Avatar
- GoMining Tokenomics
- How to Upgrade Your Miner
- GoMining Bounty Program
- GoMining Wallets
- Leaderboards & Achievements (explanations and product alignment)
New Courses and Glossary
- GoMining Basics course (by end of September):
- Deeper orientation across the GoMining ecosystem.
- Completion reward: extra bonus mining days (more than the previous course).
- GoMining Ambassador course:
- Three short lessons to explain referral and ambassador programs.
- Dual goal: serve as the definitive guide for current ambassadors and attract new participants.
- 2025 course: Blockchain and Cryptocurrencies fundamentals (blockchain mechanics, crypto primitives, and Web3 features).
- Glossary: 200+ terms to standardize concepts and improve comprehension across the Web3/crypto domain.
Miner Wars: Fairness, Balance, and Growth Path
New Spells and Round Mechanics
- Added in the past three months: Echo Boost and Focus Boost.
- Design principle: most spells (except Copy Boost) tie to round-end factors with varying point accumulation by round length.
- Fairness safeguard: no early access to Bitcoin block mining info; rounds synchronized with the Bitcoin blockchain.
- Operational control: short activation delays on certain boosts; ongoing monitoring.
Anti-Abuse and Competitive Integrity
- Addressed client/tool imbalances via:
- Anti-bot measures and hidden fingerprint challenges to reduce automated boost activations and non-interactive decision tools.
- Enforcement: >130 users received temporary or permanent restrictions.
- Prize scale: weekly distribution exceeds $1M worth of prizes, which increases incentives to probe for exploits—hence continuous monitoring and response.
League Subdivision (introduced in June)
- Purpose: balance clans by capability, activity, and size; prevent abuse such as repeated clan re-openings.
- Mechanism: each cycle, clans in the league are collected, reshuffled, and distributed across multiple leagues to maintain parity.
- Impact observed: increased value of hashrate in-game and more conservative, strategic spell usage—favorable for fair players.
Copy Boost Status and Balance Priorities
- Copy Boost concept: a distinct mechanic where players strategize based on others’ actions rather than round dynamics.
- Current stance: promising idea but requires more groundwork; balance remains the top priority.
- Near-term focus:
- Expanding leagues and limiting excessive clan growth
- Building in-house accessible tools for compliant automation
- Updating spell effectiveness coefficients
- Optimizing stability at scale
Roadmap: Spells, Discounts, and Onboarding
- New spells: under development with interaction techniques different from basic boosts.
- Personal power-ups: strong adoption; reinforce fundamentals (base score and the importance of one’s real mining farm).
- Discounts: more affordable ways to get spell discounts are planned (akin to familiar “Sentinels” offers).
- Onboarding: full rebuild with a sandbox to let new users test spells, understand mechanics, and make better decisions before committing resources.
Ecosystem Role and Community
- Miner Wars as an acquisition path: alongside Cards and Academy, the game can onboard users who may initially prefer weekly prize pools over daily mining returns.
- Appreciation: special thanks to clan owners who act as community leaders and Miner Wars ambassadors—onboarding newcomers, teaching mechanics, and serving as primary touchpoints for GoMining’s broader ecosystem.
Exclusive Offer Announced
- 5% discount on new digital miners for live listeners only.
- Promo code: product5
- Validity: today only; not shared on social channels.
Key Dates and Next Steps
- Networks: Solana and TON for custody—this week; Arbitrum and Base for stablecoins—next.
- Card integration: launch dates to be announced in September; target shipping this year; no fees and hashrate cashback.
- Simple Earn: launch in about a month (daily BTC payouts, flexible in/out).
- Academy content: three new product guides by end of August.
- GoMining Basics course: by end of September (larger bonus mining days on completion).
- Non-custodial Web3 wallet (Bitcoin layer): more information expected next month.
Closing
- All further updates will be announced via official channels (Twitter, Discord, Telegram). The team reiterated its commitment to security, usability, balance across the game economy, and education-driven onboarding across the GoMining ecosystem.