EN ▼
Favorites
My Favorites
View All
Market Cap Price 24h%

Disclaimer: Content does not constitute investment advice. Trading involves risks—please invest with caution!

Mirex Network KYC update: Lumira miners welcome deployment plan

2026-08-06 00:28:01
Bookmark

The moment miners have been waiting for

For months, miners have repeatedly asked the same question: When will the verification function be opened? Mirex Network's KYC update provides the answer. It is not a one-time full launch, but a phased approach, which is the clearest roadmap the community has ever received.

Why this announcement is so significant

On August 5, 2026, the ecosystem's certified account released this update specifically for everyone. This post, with the theme of verification, begins by calling it "a moment that many people have been waiting for." This announcement is best described as a Mirex Network KYC update and deserves gradual interpretation because its launch is phased in rather than completed in one go.

Phase 1: Small scale first

The plan does not open verification to all miners at the same time, but starts with a limited scope:

Phase: Phase 1
Team size: 5000 users
Purpose: Testing the decentralized passport system

Subsequent phase: The entire community
Purpose: After the test was successful, the

team explained that starting from a small scale was deliberate. The passport system is first run through limited testing to confirm that it meets standards in terms of security and reliability, and then expanded to all users. Once the test passes, the verification feature will be open to all long-awaited miners.

The Digital Identity Layer Behind

The Mirex Network KYC update is not just a one-time verification, it connects to a broader future. Users will eventually hold digital identities, which are described as a decentralized passport designed to be used across the entire ecosystem rather than a single form filled out at once. The announcement noted that DigiPortID is a company involved in building this identity layer, and mentioned that tokenized airdrops already previewed within the app could serve as early examples of how the system actually works.

Impact on TGE timeline

This KYC launch does not change the established date. The availability of MRX on the chain remains scheduled for September 1, 2026, which is consistent with the information listed on the official token economics page and reiterated in another post from the team in late July. The KYC and digital identity launches involved this time are specifically targeted at Lumira miners and have independent advancement timelines, so this verification update will not advance or delay the TGE date.

Project background: Introduction to Mirex Network

It will be helpful to jump out of this specific launch and understand the project itself. MIRA Network AG is registered in Zug, Switzerland and supports the ecosystem as a research, development and software engineering entity. The MRX-20 blockchain is designed with authoritative proof of stake and is specifically built for the Mirex ecosystem. There are two different assets at its core, each operating in different ways. The supply limit of utility tokens is 27 million. Pre-sales have ended, and on-chain availability is scheduled for September 1, 2026. The second asset is different: it is acquired through mining and completing tasks within mobile apps, before it is released on any official exchange.

Utility token supply: 27 million, pre-sales have ended
Second asset: Obtained through application activities, issued and completed airdrop round binding
Chain design: authoritative proof of interest (MRX-20 blockchain)

What miners should do now

Currently, except for the first batch of 5000 people, no one else needs to take any action. Miners who are not selected for the first round will not lose accumulated balances or queuing orders; this roll-out is gradual and not exclusive. The most practical thing to do is to keep an eye on the official account and wait for the subsequent release of more widely available posts, because any change in time or process will be announced there first.

Glossary

KYC: Authentication required before receiving rewards for specific platform operations.
Digital Identity: A blockchain-based identity certificate designed to be used across multiple platforms within the ecosystem.
Decentralized passport: A verification system where identity data is not held by a single centralized institution.

Summary

The Mirex Network KYC update is still in its early stages and is limited to a small test group, but it provides long-awaited miners with a clearer order of advancement rather than endlessly waiting for verification to open.

Disclaimer:

All content published on this website, including hyperlinks, related applications, forums, blogs, and other media accounts, originates from third-party platforms and their users. CoinMarketInsight makes no representations or warranties of any kind regarding the website or its content. All blockchain-related data and materials are provided for informational and research purposes only and do not constitute financial, legal, or investment advice. Users and third parties are solely responsible for the content they publish. CoinMarketInsight shall not be liable for any losses arising from the use of this website. You should exercise caution and conduct your own independent research, review, analysis, and verification before making any decisions.

Read Full Article
More News
TOP

TOP