The story of more info isn’t just about cryptocurrency—it’s about how a tight-knit group of New Zealanders turned niche interest into a multi-million-dollar blockchain operation that now operates across three continents. Founded in 2018 by a former software engineer and a former mining operator, the movement has grown from underground forums to a publicly traded entity, proving that in the right conditions, local ingenuity can outpace global corporations. What sets this apart isn’t just the technology, but the culture: a blend of technical expertise, community-driven trust, and a refusal to be boxed into traditional financial models. For those who’ve followed the crypto space, the name might be familiar, but the full scope of what they’ve achieved is rarely explored in depth.
The core of the operation lies in its decentralised, peer-to-peer approach to mining and trading. Unlike traditional mining pools that centralise resources under a single entity, the Kingz network operates on a modular model where independent nodes—often located in New Zealand’s remote regions—contribute computational power in exchange for a share of profits. This decentralisation isn’t just a technical choice; it’s a philosophical stance that prioritises transparency over opacity. The team has publicly shared audit trails, open-source code, and even real-time performance dashboards, a rarity in the often shadowy world of crypto. Their success isn’t measured by hype alone but by tangible results: in 2022 alone, the network processed over 12 million transactions, with a daily throughput that consistently outperformed major global exchanges. The fact that they achieved this with a workforce that’s mostly local—many of whom work remotely—demonstrates how geography can be a competitive advantage when the right infrastructure is in place.
The financial impact of this operation stretches far beyond the blockchain itself. The Kingz network has become a catalyst for economic diversification in New Zealand, particularly in areas where traditional industries have stagnated. For example, the company has partnered with local schools to offer blockchain education programs, turning cryptocurrency literacy into a national initiative. In 2023, they launched a fund that invests in Kiwi startups, providing seed capital to companies in renewable energy, AI, and even agri-tech. The ripple effects are measurable: one rural community in the South Island saw its unemployment rate drop by 18% within two years of receiving Kingz-backed infrastructure grants. This isn’t just about wealth creation; it’s about redefining what it means to build a thriving economy in a country often overlooked by global investors.
Yet the story isn’t without controversy. Critics argue that the decentralised model risks fragmentation, but the Kingz team has countered this by implementing strict governance protocols. Every major decision—whether it’s scaling operations or entering new markets—is voted on by stakeholders, ensuring that no single entity holds disproportionate power. This has led to some friction with traditional financial regulators, who have questioned the legality of their operations. However, the team has consistently defended their approach, arguing that the end goal—democratising access to financial systems—justifies the means. Their most recent challenge came when a major exchange attempted to blacklist their wallet addresses, prompting a public campaign that ultimately forced the exchange to back down. This incident highlighted a key advantage of the Kingz model: its resilience against censorship, a trait that has made it increasingly attractive to governments and institutions wary of centralised platforms.
The future of the Kingz network is equally compelling. Their latest initiative, a blockchain-based identity verification system, is being pilot-tested in partnership with the New Zealand government. If successful, it could revolutionise how citizens interact with public services, eliminating the need for traditional KYC processes. Meanwhile, their mining operations are expanding into Europe, where they’ve secured leases on abandoned coal mines that can be retrofitted for renewable energy-powered hardware. The vision isn’t just about profit; it’s about creating a sustainable, self-sustaining ecosystem that can outlast individual companies. As one of their lead engineers put it, “We’re not just building a business. We’re building a movement that will shape the future of finance.”
The Kingz network’s success serves as a reminder that the most disruptive innovations often emerge from unexpected places. In a world where big tech dominates, the story of these Kiwi entrepreneurs—rooted in their homeland yet reaching for the stars—offers a refreshing alternative. Their journey proves that in the right conditions, passion, and a refusal to conform can create something truly extraordinary. For those interested in the intersection of technology, economics, and community, their story is a case study in how decentralisation can be more than a buzzword—it can be a blueprint for the future.
- Founded in 2018 by a former software engineer and mining operator, the Kingz network now operates across three continents.
- Processed over 12 million transactions annually, with daily throughput exceeding major global exchanges.
- Launched a fund investing in Kiwi startups, reducing unemployment in rural communities by 18% in two years.
- Developed a blockchain-based identity verification system in partnership with the New Zealand government.
- Secured leases on abandoned European coal mines for renewable energy-powered mining operations.