Token Economy

NATIX Network relies on two token types to align the interests between the Delegates, mApplet Developers, Detectors, xNode operators, and Data Consumers: the iLand NFTs and the fungible NATIX tokens. These two tokens fulfill the following essential functions:

1. Unlock access to the value the network provides

2. Represent a stake in data activity (e.g. collateral)

3. Enable governance participation

4. Create market dynamics around real-time geospatial data

5. Act as a unit of account for the services provided

Before digging deeper, Here is how all players come together to produce real-time geospatial data for Data Consumers:

Overview of the Actors’ interactions - The solid lines represent money flow while the dotted lines show relationships between network participants