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 NTXT 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:
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Overview of the Actors’ interactions - The solid lines represent money flow while the dotted lines show relationships between network participants
Last modified 8mo ago