Phryges
  • Introduction
    • Introduction
    • Mission
  • Features
    • Voting and Real-Time Sports Event
    • Sponsorship Programs
    • Others
  • Mechanism
    • Real-Time Interaction with Sports Events
    • Support System for Athletes
    • Community-Driven Initiatives
    • Sustainable Blockchain Practices
  • Tokenomics
    • Total Supply and Distribution
    • Liquidity and Market Health
    • Usage of Funds
  • Roadmap
    • Phase 1: Foundation and Launch
    • Phase 2: Platform Development and Expansion
    • Phase 3: Community and Ecosystem Growth
    • Phase 4: Athlete and Event Integration
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  1. Mechanism

Sustainable Blockchain Practices

Phryges is committed to sustainability, which is reflected in its choice of blockchain technology:

  • Proof of Stake (PoS): Unlike energy-intensive Proof of Work systems, Phryges operates on a PoS protocol, which significantly reduces its carbon footprint.

  • Carbon Offset Initiatives: A portion of transaction fees is allocated to fund environmental projects, reinforcing the platform’s commitment to sustainability.

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Last updated 11 months ago