LBank AMA Recap with SPACEMINE

LBank Listings&Projects
5 min readJun 27, 2022


LBank AMA Recap with SPACEMINE

On 24 June we held an AMA with the SPACEMINE team, hosted on LBank's official telegram channel. If you missed this telegram session, here’s another chance to get a full transcript of the AMA event.



Brad SpaceMine:

Good to see you, everyone. I am the founder and CEO of SPACEMINE project.

Today I am really happy to have a chance to be with you all.

SpaceMine aims to create an ecosystem where project participants can be guaranteed profits just by participating in metaverse.

We have a special business model to attract prospective users.

Unlike traditional miners who used to mine through personal computers, we provide cloud mining services.

Users can pay a subscription fee to use Cloud mining service, which allows them to mine BTC, ETH, BNB, and MINE.

Cloud mining is the easiest and most effective way to make money from SpaceMine mining without buying and maintaining your equipment.


I am very interested in this developed project. Tell us what major steps will be developed from this project at this time? second, what is the strategy so that this project can last a long time and have positive value for us and the developer? Thanks


Brad SpaceMine:

We are focusing on developing P2E games that can mine various cryptocurrencies such as BTC, ETH, and BNB.

Therefore, we are building a platform that can be transmitted by each other blockchain.

We are preparing various X2E(something to earn) to benefit users and developers in the metaverse.

SpaceMine’s first project, the P2E game, is being developed with the goal of being released in the second half of 2022.

So far, we’ve done developing the automatic mining machines and started distribution of the automatic game machines and made 5mil USD sales revenue in Q2 2022, and also started the sales in SEA Asia.

From Q3, we try to start the minigame for SpaceMine and increase the MAU of SpaceMine.


What makes SpaceMine different from the typical Web3 technologies currently on the market? What new concepts in Web3 will you expect to see on the platform?


Brad SpaceMine:

SpaceMine has sold more than 5,000 miners, which act as a NODE.

This NODE stores all the data.

Developers and users can share every data clearly.

In our view, the ideal ecosystem is for platform developers to join the project to deploy attractive X2E for users, and for users to find and coexist with the most attractive X2E project.

To create this ecosystem, SpaceMine will link various blockchains such as BTC, ETH, BNB, and SOL. This will make it easy for other network users to participate in the SpaceMine project.


Are you on the same page with us that the power of a strong community will lead to the sound success of a blockchain project? Do you have an experienced marketing team with a good background, or enough financial resources to approaching the global community?


The community that supports us is the driving force for our work.

The success of the project will not be difficult if it is backed up by a strong community.

To build a strong community, we have a marketing team from various countries that can communicate with users, and we are continuing to hire them.

We have also allocated enough financial resources for marketing.


In addition to “MINE” bsc and eth networks, will there be the possibility of trading with more networks in the future 🧐 example Solana or others. I would appreciate it if you could provide information about the roadmap and token burning.


Brad SpaceMine:

We have plans to add other networks as well.

It is not an urgent task right now, but ultimately, we’re going to connect all networks.

so we’re going to add other networks besides ERC and BSC.

The total number of SpaceMine(MINE) tokens is 964,000,000

There is no fixed allocation ratio between networks, and it is minted/burned when moving between networks.


What are the most highlighted features on your platform that can make it stand out in the market? Is SPACEMINE open to beginners or just crypto experts? How do you welcome non-crypto natives!


We have a complete decentralized storage system.

every SpaceMine’s miners are working as nodes in the blockchain.

Distributed repositories allow developers and users to access all data and could share those data.

SpaceMine is also working on many initiatives to make it easier for beginners to participate in the ecosystem and is improving platform UI/UX through outstanding internal talent.



Revenue is an important aspect for all projects to survive and maintain the project/company. How have you been able to build a complete project and what is the way to generate profit/revenue of the token? What is the income model?


We have confidence as we already made thru sales of our automatic mining machines. So far USD 6 Mil and we expect monthly USD 10 Mil within 6 months. In addition to the sale of machines, we have NFT sales in P2E game and also transfer fee in SpaceMine Wallet App. You can see it on Google Play soon


How do you plan to spread awareness about your project in different countries where English is not good? Do you have local communities like Vietnam, Indonesia, Thailand, Korea,.. so they can better understand your project?


We are planning to grow overseas communities for users in countries where English is not fluent. We are always looking for fluent speakers of each country, so please wait a moment.


Most P2E NFT Gaming can only be played for PC users this is a major problem for users who don’t have PC so my question is will games be available in the mobile version? or only for PC Users?


Most P2E NFT Gaming can only be played for PC users this is a major problem for users who don’t have PC so my question is will games be available in the mobile version? or only for PC Users?


How do you plan to carry on this project, especially with the bear season? Or do you believe that we are still in the bull run??


Actually, it’s not the issue for us. We will keep expanding our listing at many of CEX and give investors to trade. And we don't want to have the BULL market early … after we have SpaceMine GAME and have more than 1 Mil MAU, we expect BULL market to come. At this time we just focus on the game and community building. Thanks !!


Hello, @Spacebrad @JeffreyKahn @nujnow Most investors focus only on the short-term price of the token instead of the actual value of the project. So what are the benefits for long-term investors in project?


We are preparing a defi project for long-term holders.

Recently, many people are struggling with unreliable defi projects.

We will compensate long-term investors with safe defi projects.


Thanks for the AMA


Does your project have AUDIT CERTIFICATES, as this ensures the security of both project and users?


Around the 2nd Half of 2022, we may be able to prepare it … Thanks



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