MyGate Network Review: Earn Free Crypto with This New DePIN Project on the Solana Blockchain
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MyGate Network Review: Earn Free Crypto with This New DePIN Project on the Solana Blockchain
MyGate Network is a platform that promises to reward you for sharing your system’s resources. But is it really a good way to earn crypto passively? In this article, I’ll break down everything you need to know. Keep reading to find out if it’s the right choice for you!
Table Of Content
- 01. What is MyGate Network, and What Does It Offer?
- 02. How to Use MyGate Network?
- 03. Who Can Join MyGate Network?
- 04. Is MyGate Network Safe to Use?
- 05. How Does the MyGate Network Rewards System Work?
- 06. What Earning Opportunities Does MyGate Network Offer?
- 07. How Much Can You Really Earn on MyGate Network?
What is MyGate Network, and What Does It Offer?
MyGate Network is a Decentralized Physical Infrastructure Network (DePIN) project built on the Solana blockchain that changes how computing power is shared and used. It lets users earn rewards by sharing their idle CPU and GPU power.
The platform creates a decentralized edge computing network using the computing power shared by users. This power is then provided to verified clients who need secure and good-performance computing without heavy investments in hardware. In return, users earn rewards based on how long their system stays connected (uptime) to the network.
How to Use MyGate Network?
Currently, MyGate Network offers a browser extension only for Chrome. If you’re using a computer, you can add the MyGate Network extension to your Chrome browser and log in within the extension to start earning.
If you’re on mobile, you can’t add the extension directly to Chrome. Instead, you need to install the Mises browser, add the extension there, and log in within the extension to start earning. MyGate Network officially supports the Mises browser, so using it on mobile won’t be an issue.
Who Can Join MyGate Network?
MyGate Network is available worldwide and offers dedicated support in local languages for most countries. Anyone 18 or older with a good-working computer or mobile and a stable internet connection can join and start earning!
Is MyGate Network Safe to Use?
Yes! MyGate Network prioritizes security by using encryption across its network. It only utilizes your computing power and does not access your device storage or collect personal data. So, you can safely share your system resources without privacy concerns.
How Does the MyGate Network Rewards System Work?
MyGate Network uses a points-based reward system for all your activities. These points decide how many $MYG (MyGate) tokens you’ll receive during their airdrop events. Simply put, earning more points means receiving more $MYG tokens!
What Earning Opportunities Does MyGate Network Offer?
Here’s a detailed look at all the earning opportunities available on MyGate Network!
Option 1 – Sharing Idle Computing Power
The primary way to earn on MyGate Network is by sharing your idle computing power (CPU & GPU). You’ll earn points based on how long your device stays connected (uptime) to their network. These reward points are called POA (Proof-of-Availability) rewards.
Additionally, MyGate Network periodically establishes Peer-to-Peer connections between your system and another system on their network to verify connectivity. For every successful connection, you earn POC (Connectivity Verification) rewards.
MyGate Network allows you to connect and run multiple devices under the same IP address. So, to maximize your earnings, it’s a good idea to run MyGate Network on all your available devices!
Option 2 – Inviting Friends
MyGate Network offers a referral program that lets you earn more points by inviting others to join the platform using your referral link.
- You’ll get a 20-point bonus when your referral completes registration and passes the humanity test.
- You’ll earn 10% of the points your referrals accumulate from their device uptime—for life!
- If your referrals purchase $MYG tokens during the presale, you’ll receive 5% of the tokens they buy as a bonus.
Option 3 – Daily Bonus
MyGate Network rewards you with a 10-point daily bonus for keeping its extension running on your device each day.
Option 4 – Missions & Achievement Bonus
MyGate Network rewards you with EXP (Experience Points) for completing tasks like:
- Following MyGate Network on social media (X and Telegram).
- Inviting a certain number of people.
- Keeping MyGate Network running for a set number of hours.
These EXP points determine the bonus percentage you’ll receive on the points earned from device uptime. The more EXP you gain, the bigger your bonus!
How Much Can You Really Earn on MyGate Network?
Your earnings depend on you! The amount you earn is based on:
- How long you keep the extension running each day.
- How many devices you run the extension on.
The more devices you connect and the longer you stay active, the more points you’ll earn. And more points mean more $MYG tokens during the airdrop!
When Will the First Airdrop Happen?
MyGate Network started its $MYG token presale in February 2025, which will end on March 18, 2025. The first airdrop event is expected to happen about a month after the presale ends.
During the presale, 1 $MYG token costs $0.01. The minimum purchase amount is $10 (1,000 $MYG tokens).
How Do You Get Paid?
Currently, MyGate Network hasn’t officially announced which wallets users can use to claim their tokens. However, for $MYG token presale purchases, the platform supports wallets like Phantom and Solflare. So, you can expect these wallets to be included for claiming rewards.
Additional wallet options like OKX, ByBit, Gate, Backpack, and Magic Eden may also be available. The official list will only be confirmed during the Token Generation Event (TGE).
Can You Get Support?
Yes! If you have any questions or run into issues with the extension (or anything else), you can easily reach out to MyGate Network through their official X handle. They typically respond within minutes to help you out.
Pros:
- Earn Passive Rewards: You can earn rewards by sharing your idle CPU and GPU power.
- Global Reach: Available worldwide with local language support in many countries.
- Simple Setup: Easy to get started with just a browser extension, no complex installation needed.
- Security: MyGate Network prioritizes security, using encryption and ensuring no access to your personal data.
Cons:
- Token Value Uncertainty: The value of $MYG tokens and rewards may fluctuate, and details on their market value are still unclear.
- Limited Device Support: While it allows multiple devices, the platform primarily works on a browser extension, which may not be suitable for everyone.
- No Clear Earnings Estimates: Exact earnings can vary, and there’s no fixed amount—it’s all based on uptime and activity.
- No Instant Withdrawals: You can only claim rewards during airdrop events.
How to Get Started?
Getting started on MyGate Network is simple! Follow these steps:
- Create an Account – Click the Join MyGate Network button below to go to the registration page.You will only be able to sign up using your Google account.
- Pass the Humanity Test – After registering, complete a captcha to verify you’re human. This step is called the Humanity Test.
- Install the Extension – Download and install the MyGate Network extension on:
- Computer – Chrome browser
- Mobile – Mises browser (since Chrome doesn’t support extensions on mobile)
- Login & Start Earning – Open the extension and log in. Once logged in, the extension will automatically start using your idle computing power and reward you with points based on your device uptime.
That’s it! The longer your device stays connected, the more points you earn, leading to more $MYG tokens during airdrop events.
Final Thoughts
MyGate Network is a decent option if you’re looking to earn crypto passively by sharing your computing power. It offers multiple earning opportunities, including sharing system resources, referring friends, and completing daily tasks. The platform is beginner-friendly, requiring just a browser extension to get started, and it supports both desktop and mobile. However, your actual earnings depend on device uptime and the number of devices you use. Also, since the first airdrop hasn’t happened yet, the actual token value is still uncertain. If you’re okay with these factors, it might be worth trying.
Thank you.
