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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. 1.
    Unlock access to the value the network provides
  2. 2.
    Represent a stake in data activity (e.g. collateral)
  3. 3.
    Enable governance participation
  4. 4.
    Create market dynamics around real-time geospatial data
  5. 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