NODECOIN ($NC)
Nodecoin ($NC) is the native token of the Nodepay network.
Contract Address: B89Hd5Juz7JP2dxCZXFJWk4tMTcbw7feDhuWGb3kq5qE
Nodecoin Token Usage
Nodecoin enables holders to engage with the Nodepay ecosystem in several key ways:
Powering Network Transactions Use $NC to pay for network services, including real-time data retrieval (Node Collect), AI-specific crawling, search queries (Node Search), dataset access, and other premium features.
Staking Incentives Stake $NC to specialized nodes (e.g., Validator Nodes) to help facilitate network operations and security. Stakers earn rewards for supporting Nodepay’s infrastructure.
Ecosystem Governance Participate in the development of the Nodepay network. Token holders can propose and vote on improvements, define which partners to onboard, and determine incentive mechanisms for all participants.
Network Fees
Within the Nodepay Ecosystem, all stakeholders are ultimately compensated in NC. While customers and AI companies may pay in USD, USDC, or other supported tokens, revenues generated by Nodepay services will be converted into NC. These converted revenues are then distributed pro rata to the stakeholders—bandwidth node operators, validators, and other network participants and contributors—who facilitate access to Nodepay’s resources.
Network Security
NC is staked to validator nodes to ensure compliance with network protocols. Validators must accurately route bandwidth traffic and report resource consumption for each transaction. Slashing (penalties) may be triggered if malicious behavior or misreporting is detected. As Nodepay transitions to a fully decentralized model, slashing will be handled automatically via on-chain governance.
Why a Decentralized Infrastructure Is Essential
The Nodepay platform depends on blockchain technology to address three core objectives:
Global Settlement Efficiency Managing rewards across 190 countries and multiple currencies is simpler and more seamless on the blockchain. By handling transactions on-chain, Nodepay can compensate participants worldwide without cumbersome intermediaries.
Transparent Operations Recording each transaction on-chain provides clear evidence of reward distribution and ensures the authenticity of data sources. It also allows community members to verify how bandwidth and rewards flow through the network.
User Ownership Rather than letting a few large entities benefit from user-generated data, Nodepay distributes ownership to the very contributors who power its AI ecosystem. By receiving NC tokens, participants have a direct stake in the platform’s success—and are fairly compensated for the value they help create.
Nodecoin Ecosystem
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