FAQs

WHAT IS A NODEWAVES NODE?

NODEWAVES NODES UNDERPIN NODEWAVES ECOSYSTEM. EACH NODE CONTRIBUTES TO THE ECOSYSTEM'S GROWTH BY PROVIDING FUNCTIONS NECESSARY TO RUN A DECENTRALIZED AND SECURE LAYER 2 NETWORK. NODEWAVES NODES ARE RESPONSIBLE FOR THE CIRCULATION OF NODEWAVES AND OTHER TOKENS INTO THE MARKET. THERE WILL ONLY EVER BE 9999 NODEWAVES NODES. NODEWAVES NODE OPERATORS WILL BE CONTRIBUTING TO THE GROWTH OF THE NODEWAVES ECOSYSTEM. FOR THOSE WHO OPERATE THE NODE TO THE DAILY REQUIREMENT, THEY WILL BE REWARDED WITH DAILY $NWT DISTRIBUTION. ITS A NFT BASED DECENTRALIZED NODE NETWORK. NODEWAVES NODE OPERATORS CONTRIBUTE TO THE SCALING OF FUTURE DIGITAL ASSET OWNERSHIP. NODES WILL BE USED FOR VARIOUS ACTIVITIES, INCLUDING:

INITIAL NETWORK TESTS
  • DECENTRALIZED DATA STORAGE
  • ORACLES, WHICH ARE DATA FEEDS THAT PROVIDE SMART CONTRACTS WITH OFF-CHAIN DATA
  • GOVERNANCE
ARE NODES TRANSFERABLE?

YES. ITS A NFT NODE , 100% OWN IT , SELL IT AND MORE.

What is the Nodewaves Node Distribution ?

Nodewaves Node Distribution refers to the act of distributing NWT and other tokens through the ecosystem via the operations of Nodewaves nodes. Nodewaves node operators who run their nodes for the minimum required time period in each cycle will received daily $NWT distributions. Distribution works on the basis of a point system. When considering the rational behind NODEWAVES node distribution:

  • Adoption: to attract ecosystem supporters to own and operate nodes
  • Optimising sustainability: to incentivize node operators for many years to come so they can continue to support and add value to the ecosystem
  • Increased scarcity over time: As the distribution of $NWT will reduce over the years whilst demand and utility of NODEWAVES will expect to increase. This helps to strengthen the price of the token.

NODEWAVES PARTNER

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