• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Xenea Launches Genesis Node NFT with 70% Rewards for Owners in Early Phase

user avatar

by Giorgi Kostiuk

an hour ago


Xenea presents a new reward distribution model for Genesis Node NFT owners, allocating 70% of all block rewards in the early phase.

Unique Rewards Model

Most blockchain networks reward validators only for block production. However, Xenea has provided two types of rewards:

1. Rep Node rewards, linked to validation and consensus (Proof of Democracy). 2. DACS Node rewards, responsible for data storage and retrieval, allowing for dynamic and editable data.

Early Participation and Genesis Node Advantages

The Genesis Node NFT presents a unique opportunity for early network participants to access significant rewards. Due to the limited number of Genesis Nodes, owners can potentially earn larger amounts due to fewer participants at the start. However, rewards depend on network activity and cannot be guaranteed.

Long-Term Sustainability of Xenea

Xenea aims to create real utility across multiple sectors, including dynamic data for AI and DePIN, payments, and interoperability with other networks. Thus, the project seeks to maintain demand and create real user scenarios. This is an important aspect for Genesis Node owners, as rewards are tied to actual network use.

Xenea establishes a new principle of reward distribution in the blockchain network, focusing on real utility and users’ roles in the network ecosystem, where everyone can contribute to growth and development.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Crypto Fraud: How Fake Media Manipulates Trusting Investors

chest

In the UK, criminals employ fake news and websites to deceive individuals, leading to losses of up to £2.1 million.

user avatarGiorgi Kostiuk

DigiFT Completes $25 Million Funding Round to Enhance Blockchain Financial Services

chest

DigiFT has secured $25 million in funding with support from SBI Holdings to improve tokenized financial services.

user avatarGiorgi Kostiuk

Plasma and Binance: New Yield Program Attracts $250 Million

chest

Plasma and Binance's new yield program raised $250 million in the first hour, highlighting interest in decentralized finance products.

user avatarGiorgi Kostiuk

Xenea Wallet: Exploring the World of Cryptocurrency Wallets

chest

Learn about the features of Xenea Wallet, including daily quizzes, tasks, and earning opportunities for $GEMS.

user avatarGiorgi Kostiuk

Scammers Impersonate Media to Deceive Cryptocurrency Investors

chest

In the UK, criminals are impersonating reputable media, creating fake news articles to deceive investors in cryptocurrency.

user avatarGiorgi Kostiuk

Windtree Therapeutics Excluded from Nasdaq and Shifts to OTC: Implications Explained

chest

Windtree Therapeutics is set to delist from Nasdaq for noncompliance, transitioning to OTC. BNB remains unaffected by the changes.

user avatarGiorgi Kostiuk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.