KiX Node Runner Program
DAT holders will be able to pledge their NFTs to a program involved in node running, which falls within the DePIN crypto narrative; this will make them eligible to receive rewards generated by proof-of-stake node validation.
As a brief overview, node running is the act of creating an information gateway for a blockchain and being rewarded by the network for this service.
The work of running a node is captured by validating a set of rules to satisfy a consensus mechanism. The validators' activity can be summarized as ensuring network transactions legitimately follow network rules, upon which blocks are created and allow nodes to publish the data. The underwriting of this work is known as staking, and the rewards for the value-added are the magnitude of this staked token amount.
DAT holders can nominate their NFTs for the staking process and, therefore, as part of this node running work. The rewards from node validation will be distributed at specific frequencies and will be in the platform token $KIX. This transparent and predictable distribution method ensures that DAT holders can plan and manage their rewards effectively. At this point, we will take the opportunity to distinguish between this model and a betting product in which a collection of stakes is redistributed without economic value.
* PLEASE NOTE: Under regulation KiX is not offered or promoted to UK users or residents. *
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