The ESPToken ecosystem combines blockchain technology, IoT devices, and user-driven mining to create a seamless and interactive platform. Here’s how it works step by step:
User Registration:
Users create an account on the ESPToken platform and select one of the eight mining plans. Each plan defines the number of tokens earned per hash.
Device and API Key Assignment:
Upon registration, the system provides the user with a unique Device ID and an API Key. These credentials are required to connect mining devices or applications to the platform.
Mining Devices:
Users can set up mining using:
Microcontrollers like ESP32 or Arduino
Applications on Android, iOS, or Desktop
Or any combination of the above
Token Mining:
Once connected, the device or application begins mining according to the chosen plan. The mined tokens are credited to the user’s account in real-time.
IoT Platform & Campaigns:
Tokens mined can also be used to participate in IoT project campaigns. Users can invest, monitor progress, and support innovative IoT solutions.
ESPT.Shop Integration:
Mined tokens can be spent in ESPT.Shop, a global online store where users can buy products from major international retailers using the tokens they earned.
Continuous Participation:
Users can upgrade their mining plans, add more devices, and participate in campaigns to maximize their token earnings and support the ecosystem.
This integrated approach ensures a practical, real-world use of tokens while promoting IoT innovation and global e-commerce.
