Getting Started / What is MNTx

What is Minutes Network Token (MNTx)?

MNTx is the native utility token of the Minutes Network Token x ecosystem. It is an ERC-20 token on Ethereum with a hard-capped supply of 500 million. It is used to stake infrastructure nodes, earn rewards from telecom operations via DePIN Service Fees and interact with services inside the MNTx Portal.

When was MNTx launched?

The Token Generation Event took place on April 14, 2025.

Is MNTx a security?

No. MNTx is classified as an unregulated utility token. It confers no equity, ownership, governance rights, or decision-making control over Minutes Network Ltd or Minutes Network Token X Ltd.

Where is Minutes Network Token X registered?

Minutes Network Token X Ltd is registered as Company #00365 at 10 Manoel Street, Castris, Saint Lucia.

What makes MNTx different from other crypto tokens?

MNTx rewards are funded by real fiat revenue generated from live international voice call termination, not by token emissions, inflation, or speculative activity. The token is backed by a functioning wholesale telecommunications business operating in a $251 billion market.

Do I need to understand blockchain to participate?

Not necessarily. Network participants receive MNTx rewards simply by making or receiving calls over the network. A non-custodial wallet is assigned automatically to every phone number that appears on the network. Staking and node operation require more engagement with the token ecosystem.

Where can I find official information?

The official website is minutesnetworktoken.io. All official announcements are made through verified Minutes Network Token X channels on Telegram, X, YouTube, Discord, and Medium.

Nodes and Staking

What are the two types of nodes?

There are 500 Switch Nodes and 2,500 Validation Nodes. Switch Nodes route and process live voice traffic. Validation Nodes monitor network health, call quality, and operational integrity.

How many nodes are there in total?

3,000. 500 Switch Nodes and 2,500 Validation Nodes.

What is the minimum stake required to operate a node?

Switch Nodes require a minimum of 50,000 MNTx. Validation Nodes require a minimum of 10,000 MNTx.

Is there an upper limit to how much I can stake on a node?

No. There is no upper limit. Once the minimum threshold is met, operators can stake any amount above it.

Can I own more than one node?

Yes. Operators can own and stake multiple nodes simultaneously.

How do I secure a node?

The only way to secure a Minutes Network Token X infrastructure node is by staking MNTx tokens. Node ownership is represented as NFTs on-chain.

What hosting options are available for node operators?

Nodes can be hosted through an approved managed hosting provider or self-hosted on your own hardware or cloud environment. Both produce the same reward outcomes.

What are the hardware requirements for self-hosting?

Switch Nodes require dedicated hardware with a multi-core CPU, 16GB RAM, 240GB SSD, 100MB NIC, and a modern Linux kernel. Validation Nodes can run on virtualised or dedicated hardware with a 2.4GHz CPU, 8GB RAM, 240GB SSD, 100MB NIC, and a modern Linux kernel.

What happens if my node goes offline during an epoch?

Participants who fail to perform are removed from reward distributions in proportion to their time offline. Persistent downtime directly reduces reward entitlement.

What is the Delegated Public Validation Node?

One of the 2,500 Validation Nodes is reserved as a public node that allows MNTx holders to participate in infrastructure rewards without owning a private node. Any holder can delegate tokens to this node and receive a proportional share of its rewards after the 50% delegated burn is applied.

Is there a minimum amount to delegate to the public node?

No there is minimum amount to stake on the delegate node. However, the collective staked amount of all users to the delegate should be above 10,000 MNTx to make the node reward bearing.

Can I adjust my staking position between epochs?

Yes. Staking is dynamic. Operators can increase, decrease, or redistribute their stake positions in response to changing network conditions.

What is a singular owner requirement?

For the 10% Node Holder Reward allocation, a node must have been staked by a single owner for the entirety of the epoch to qualify. If a node is unstaked at any point during the epoch, its holder reward allocation is burned.

Rewards and Tokenomics

What is an epoch?

An epoch is the monthly reward cycle running from the 25th of each month to the 25th of the following month.

How are rewards funded?

Minutes Network uses 100% of its net revenues from telecom operations to algorithmically purchase MNTx on the open market each epoch to pay for the DePIN Service Fees of the Minutes Network Token X Node Ecosystem. Those tokens are then distributed as rewards across the ecosystem.

How are rewards split?

The total reward pool is divided as follows: 10% to Node Holders 60% to Node Stakers (before burn) 15% to Network Users 15% to Minutes Network for continued development.

How are network participants rewards split?

The 15% network participants allocation is divided equally between callers (7.5%) and receivers (7.5%).

Are node holder rewards subject to the burn?

No. The 10% node holder allocation is undiluted and entirely separate from the algorithmic burn applied to the staker pool.

How are staker rewards distributed?

After the algorithmic burn has been applied to the 60% staker pool, the remaining balance is distributed pro rata among all staking positions across the network, proportional to each participant's contribution to total staking.

What are Early Node Staking Rewards?

37.5 million MNTx (7.5% of total supply) has been allocated to reward early infrastructure participants over the first 24 months of full network operation. Each staked Switch Node receives an additional 1,562.5 MNTx per month and each staked Validation Node receives an additional 312.5 MNTx per month over that period.

How long do unclaimed user rewards last?

User rewards that remain unclaimed after 60 months from the date of issuance are permanently burned.

What is the total supply of MNTx?

500,000,000 tokens. This is a hard cap. No additional tokens can ever be minted.

How are tokens released into circulation?

Tokens are released algorithmically over the years following the Token Generation Event. The release follows a smart contract schedule rather than manual or discretionary unlocks.

What is the initial token allocation breakdown?

Network Expansion Pool 35.5% Team 23.5% Operational Fund 15% Public Sale 10% Early Node Staking Rewards 7.5% Advisors 3.5% Private Sale 2.5% WMT Holders Airdrop 2.5%.

Burn Mechanics

What is the algorithmic burn?

The algorithmic burn is a dynamic reduction applied to the 60% staker reward pool each epoch. It is calculated based on the proportion of circulating MNTx that is unstaked.

How is the burn rate calculated?

The proportion of circulating MNTx that is unstaked is identified. That figure is halved. The result is the percentage by which the 60% staker pool is reduced before distribution.

Formula: burn rate = unstaked % divided by 2.

Can you give an example on the burn rate calculation?

If 87.9% of circulating MNTx is staked, then 12.1% is unstaked. Half of 12.1% is 6.05%. The staker pool is reduced by 6.05% before distribution.

Does higher staking mean more or less burn?

Less burn. Higher staking participation means a smaller unstaked proportion, which produces a lower burn rate and more tokens reaching stakers. Lower participation produces a higher burn and fewer tokens distributed.

Are there other burn mechanisms beyond the staker pool burn?

Yes. There are three additional burn mechanisms. Nodes that are unstaked or become unstaked during an epoch have their node holder reward allocation burned. 50% of rewards accumulated on the delegated public Validation Node are burned before distribution to delegated stakers. And any unclaimed user rewards are permanently burned after 60 months from issuance.

Is the burn executed manually?

No. The burn is executed algorithmically via smart contracts with no manual intervention.

What tokens are excluded from the circulating supply for burn calculation purposes?

Tokens held in the Network Expansion Pool that have not yet been allocated for a specified purpose, and user rewards that have been generated but not yet claimed, are both excluded from the circulating supply figure used in the burn formula.

Is MNTx deflationary?

Yes. The combination of a hard supply cap, controlled emissions, the staker pool burn, the delegated staking burn, and the unclaimed rewards burn means the effective supply of MNTx decreases over time.

Carrier and Telecom

What is wholesale voice termination?

Wholesale voice termination is the process by which carriers route and complete calls across networks where they do not hold direct endpoint access. When a caller dials an international or out-of-network number, the originating carrier hands that traffic to a wholesale provider who can connect the call to the destination network.

What is Minutes Network?

Minutes Network is a wholesale voice-call termination service provider operating inside the global paid-for voice communications market. It generates real-world fiat revenue by charging international voice carriers for terminating their call traffic across its decentralised node infrastructure.

What is Least Cost Routing?

Least Cost Routing (LCR) is the industry-standard process by which carriers automatically rank available wholesale termination providers in ascending cost order and route each call through the cheapest viable option first.

How does Minutes Network guarantee the lowest price?

The Mintech Revenue Turbine (MRT) algorithmically optimises the cost and profitability of every call, creating a structural cost advantage over operators that carry legacy infrastructure overhead. The MRT ensures Minutes Network is always ranked as the lowest price option on every carrier's LCR table. When the Jingle SDK has been activated the revenue captured is near 100%.

How many carrier interconnections does Minutes Network have?

Over 400 international carrier interconnections, including Lebara, Lyca Mobile, IDT, PCCW, Vodatel, Omantel, WorldCall, Next Communications, Sygmatel, Digitalk, and Zain Telecom.

Does a carrier need to understand blockchain to work with Minutes Network?

No. Carriers connect via the standard Session Initiation Protocol (SIP), the same protocol they use with every other wholesale provider. The blockchain mechanics are entirely invisible to the carrier.

What is an LDI license?

A Long Distance International license is a regulatory authorisation that allows an operator to terminate international voice traffic in a specific country. Minutes Network holds an LDI license in Pakistan and is acquiring licenses in additional markets.

What call quality standards does the network maintain?

Equal to Tier-1 Carrier quality or higher.

2,500 Validation Nodes continuously monitor bandwidth, latency, jitter, integrity, and reachability across the network. Calls that do not meet quality criteria are rejected via a SIP 503 response, directing the carrier's LCR system to the next available route.

Does Minutes Network use grey routes?

No. All connections are fully compliant and legitimate. There is no grey-route activity on the network.

Voice Termination & Origination

What does “Tier 1 CLI routing” mean? 
Calls delivered exclusively through direct interconnects with the terminating carrier. CLI is passed through and displayed correctly. No blending with grey or SIM box routes.

How does the unmatchable price promise work? 
On Jingle-activated routes, share any lower competing rate offer with your account manager and we will match or beat it.

What protocols do you support? 
SIP (UDP/TCP/TLS), SIP-I, SIP-T, H.323, ISUP, SS7, and SIGTRAN.

How quickly can I start sending traffic?
Most carriers are live within 24-48 hours after interconnection testing.

How does instant settlement work?
Every CDR recorded in real time. Settlement happens instantly rather than the traditional 30-60 day cycle.

Do you offer origination services? 
Yes. Voice origination with local, national, and toll-free numbers in 100+ countries.

What quality monitoring is included? 
Every route monitored 24/7 with ASR, ACD, PDD, and MOS. MinTest runs automated test calls across all destinations.

What happens if a route degrades?
AI-powered routing engine detects degradation in real time and reroutes to backup Tier 1 paths within seconds automatically.

Fraud Management & Security

How quickly can the system detect fraud? 
Events processed within 5ms. Fraudulent calls blocked before connection. New campaigns identified within minutes.

Do I need to replace existing fraud systems?
No. Integrates via REST APIs, SNMP, and syslog feeds.

What is the false positive rate?
Extremely low. Configurable sensitivity thresholds balance protection against business impact.

How does STIR/SHAKEN integration work?
Certified Authentication and Verification Service. Outbound calls signed with appropriate attestation level, inbound signatures verified against SHAKEN certificate authority chain, fully automated.

Is the system customisable? 
Yes. Custom detection rules, sensitivity thresholds, escalation workflows, trusted partner whitelists, and bespoke dashboards.

Jingle Plug-In / Mobile Apps

What is the Jingle Plug-In?

The Jingle Plug-In is a lightweight SDK that mobile applications integrate to become part of the Minutes Network telephone system. Once integrated, every user of the host application becomes directly reachable through the Minutes Network infrastructure.

What was the Jingle Plug-In previously called?

It was formerly known as the Mintech Rapid Growth Library (MRGL) and later the Minutes Network SDK.

Where can applications register to integrate?

Through jingleplugin.com.

What does an application receive in return for integrating?

A new incremental revenue stream from the voice traffic terminated over its platform, shared with Minutes Network according to agreed commercial terms.

Does integration affect the application's user experience?

No. The integration is non-invasive, secure, and GDPR-compliant. There are no new screens, buttons, or pop-ups added to the host application. Existing revenue streams are unaffected.

What happens when a call is terminated over a Jingle-integrated application?

The call is delivered directly over the data channel, bypassing the PSTN entirely. This eliminates traditional termination fees, allows Minutes Network to retain nearly 100% of call revenue on that connection, and delivers HD call quality with guaranteed CLI delivery.

Who is the first confirmed Jingle integration partner?

Smart Energy Water, projected to bring over 1.2 billion users to the network.

What is the user growth target?

Over 2 billion integrated users by 2030.

Do Jingle users receive MNTx rewards?

Yes. Every phone number that appears on the network through a Jingle-integrated application is assigned a non-custodial wallet. MNTx rewards are allocated to both callers and receivers when calls are completed.

Is Jingle available for iOS?

Currently the Jingle Plug-In is compatible with Android applications. iOS compatibility details will be announced through official channels.

The MNTx Portal

What is the MNTx Portal?

The MNTx Portal is the central interface through which participants across every category interact with the ecosystem. It provides reward tracking, staking management, analytics access, wallet functionality, and the integrated web-caller.

Who can use the MNTx Portal?

Node operators, stakers, delegated stakers, and network users. KYC verification through ShuftiPro is required to access full portal functionality.

What can node operators do in the portal?

Monitor node performance, view epoch reward calculations, manage staking positions, and claim reward distributions.

What can network users do in the portal?

Access their non-custodial wallets, check accumulated caller and receiver reward balances, initiate claims, and make low-cost international outbound calls through the integrated web-caller.

What is the web-caller?

An integrated international outbound calling tool within the MNTx Portal (coming soon). MNTx is the sole payment method. It allows users to make low-cost international calls directly over the Minutes Network at rates that reflect the network's structural cost advantage.

How do I claim my user rewards?

Through the MNTx Portal. Full step-by-step guidance will be available in the portal help section of this wiki.

What KYC provider does Minutes Network use?

ShuftiPro.

Buying and Trading MNTx

Where can I buy MNTx?

MNTx is currently available on MEXC, BingX, and Bitmart, as well as on decentralised exchanges. Additional exchange listings are planned.

What is the ticker symbol?

MNTx.

Is there a maximum supply?

Yes. The total supply is hard-capped at 500,000,000 MNTx. No additional tokens can ever be minted.

Was there a private sale?

Yes. The private sale was announced in December 2023 and closed with a 600% oversubscription.

Was there a public sale?

Yes. The public sale followed the private sale and early node reservation rounds, ahead of the Token Generation Event on April 14, 2025.

Technical / Blockchain

What blockchain is MNTx deployed on?

Ethereum, as an ERC-20 token.

What is World Mobile Chain's role?

World Mobile Chain serves as a traceability layer for cost-effective settlement of telecom data, including Call Detail Record traceability, network statistics, and accounting. WMC's multichain architecture also performs rollups on other public blockchains, with the hash of data published on WMC serving as an additional trust layer.

Why was Ethereum chosen?

For its established security model, broad wallet and exchange compatibility, and deep liquidity across decentralised and centralised trading environments.

Are the reward distributions executed manually?

No. All reward distributions, burns, and algorithmic MNTx purchases are executed via smart contracts with no manual intervention.

How is node ownership represented on-chain?

Node ownership is represented as NFTs on the Ethereum blockchain.

What protocols does the Mintech Operating System use?

Three protocols: SIP for carrier interconnection, a proprietary closed-source protocol for connecting to termination endpoints, and a proprietary open-source protocol for internode communication.