Grace Period

Due to the importance of the iLand NFTs and the Delegates for bootstrapping the NATIX Ecosystem, NATIX introduces a grace period that benefits these stakeholders in particular.

The project starts with a grace period during which all iLand owners are exempt from Land tax until the first set of deployed mApplets are profitable. This time is estimated to be 1-2 years after the initial launch.

During this time, NATIX will take care of introducing the project and encouraging more Detectors and Developers to participate. NATIX Network will share regular updates and reports during the grace period to inform and educate the community about experiences gained. iLand tax will only be activated when NATIX officially ends the grace period.