The Imota Mining Application offers a convenient way to mine OTARA tokens, the native cryptocurrency of Imota Wallet backed by Remitano. This article explores how the app works, the safety measures in place, and how to get started with Otara mining.
What is the Imota Mining Application?
The Imota Mining Application is a mobile app designed for mining OTARA tokens, the cryptocurrency native to the Imota wallet supported by Remitano.
How Does the Imota Mining Application Work?
To start mining OTARA tokens, simply download the application, initiate mining activities daily, and boost your mining rate by inviting friends to join.
What is OTARA?
OTARA serves as a decentralized cryptocurrency token with various utilities, its value determined by market demand and supply. Otara stands as the primary token for the Imota wallet, allowing users to mine it for free using the Imota wallet app.
Is the Imota Mining Application Safe?
Rest assured, the Imota Mining Application prioritizes safety. It operates without consuming CPU resources or accessing personal smartphone data, ensuring a secure mining experience.
How To Start Mining Otara on Imota
- Download Imota app at imota.io or from Google play store.
- After downloading, register by filling in your details. Enter this code during registration.
Code: jlpBnZhp
- After successful registration, verify your account by doing KYC level level 1 and 2 by submitting your document ID (government recognised ID card).
- After successful verification, Click on the menu on your homepage as seen from the screenshot below:
- In the Referral Program, Click Apply now
- Copy and paste the code: jlpBnZhp
- Then, Click Submit.
Once your account is activated, you can keep claiming Otara token by following the following steps:
Collecting Otara Tokens
The primary task in Otara mining is collecting Otara tokens daily. By clicking on the gemstone icon in the “OTARA” category of the Imota app, you can collect a certain amount of Otara tokens. Initially, you will receive 0.1 Otara per collection. But as times goes on you can increase to 1 Otara per collection if you maintain a daily streak mining.
You can mine Otara by Mining, Claiming and Spinning which are explained below in each heading. Follow the steps below to mine or earn more Otara token:
- How To Earn Otara by Mining
1. Go to the gemstone icon as seen from the screenshot below:
2. Click on "Tap To Mine" as seen from the screenshot below:
- How To Earn Otara by claiming
- Go to the gemstone icon as seen from the screenshot below:
If you missed the mined session, you will see "claim now". Click on it
Then it will appear as below. Click on "claim"
- An ad may appear. Don't click on the ads.
- Let the count-dowm of the ads get finished as seen from the screenshot below:
- Then you will see "reward granted". Click on it.
- It will take you back to Imota mining app. And show that it has been claimed as seen from the screenshot below:
- How To Earn Otara by Spinning Otara wheel
1. Go to the gemstone icon as seen from the screenshot below:
How To do KYC on Imota App
KYC LEVEL 1:
1. Open the Imota mining App.
2. Click on Menu. And look at the top right corner of your screen you will see KYC 1 and 2, then click on it.
3. Passed The Robot verification process.
4. Then select your country type.
Input your phone number. Then wait for a few seconds a verification code will be send to your email address. Copy and paste the Number into your Imota and then click on summit. You are done with KYC level 1.
KYC LEVEL 2:
Get any of these 3 identity Card Ready. DIGITAL NIN CARD, DRIVER LICENSE OR INTERNATIONAL PASSPORT, or VOTER'S CARD. E.G.
1. Click on KYC level 2.
2. Passed the robot verification process.
3. Select your country type.
4. Take photos of both front and back of your ID card. Submit it. And wait for Imota customer service to approve it. So simple and easy.
Mining Sessions
Users are granted three mining sessions per day, with each session lasting 8 hours. These sessions are scheduled as follows:
Session 1: 0:00 AM – 8:00 AM
Session 2: 8:01 AM – 4:00 PM
Session 3: 4:01 PM – 11:59 PM
During each session, you can mine Otara tokens once.
Daily Streaks
To maximize your Otara mining rewards, it is crucial to maintain a daily streak. By logging into the Imota app every day, you can increase your daily streak count. The longer your streak, the more Otara tokens you will receive. Make sure not to miss a single day of mining to avoid losing your streak bonus.
Leveling Up and Increasing Mining Speed
As you progress in your mining journey, you have the opportunity to level up and increase your mining speed. Each level corresponds to a higher mining speed, resulting in the ability to earn more Otara tokens per session. Here are the different levels and their requirements:
Level 0: Default mining speed of 0.10 Otara per session.
Level 1: Increase mining speed to 0.15 Otara per session based on 3 days daily streak duration within 30days.
Level 2: Increase mining speed to 0.20 Otara per session by maintaining a daily streak for 7 days within 30days.
Level 3: Increase mining speed to 0.25 Otara per session by maintaining a daily streak for 10 days within 30days.
Level 4: Increase mining speed to 0.30 Otara per session by maintaining a daily streak for 15 days within 30days.
Level 5: Increase mining speed to 0.50 Otara per session by maintaining a daily streak for 20 days within 30days.
Level 6: Increase mining speed to 0.75 Otara per session by maintaining a daily streak for 25 days within 30days.
Level 7: Increase mining speed to 1.00 Otara per session by maintaining a daily streak for 30 days within 30days.
What is the Total Supply of Otara Token?
The total supply of Otara tokens is set at 300 million. For more detailed information about Imota's tokenomics, please consult the Whitepaper.
Conclusion
The Imota Mining Application presents a user-friendly, secure, and rewarding platform for mining OTARA tokens, making it an excellent choice for crypto enthusiasts seeking to explore new opportunities in the cryptocurrency space.
Additionally, it's important to note that the Otara token is slated for mainnet launch in Q4 2024 with listing on exchanges expected in Q1 2025, with an anticipated price of $0.5 per Otara token.
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