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Author: Admin | 2025-04-28
With running the node.How NodeX steps in:NODEx gives participants access to Nodes. By combining assets NODEx ensures marekt power and invests strategically into Nodes of different projects that are operating through Node operations.Contributor Funding:Participants contribute funds to NodeX to support the project’s operations. These funds are used to acquire and maintain the necessary infrastructure for running nodes.Node Acquisition and Operation:NodeX uses the contributed funds to purchase and operate nodes within a blockchain network. This participation in the network could involve activities such as transaction validation, block creation (in the case of mining nodes), or other network functions, depending on the chosen blockchain protocol.Revenue Generation from Node Operations:The nodes operated by NodeX generate revenue as part of their normal functioning within the blockchain network. This revenue could come from various sources, such as transaction fees, block rewards (in Proof-of-Work networks), or other mechanisms depending on the specific consensus algorithm in use.Buyback and Burn Mechanism:The unique aspect of NodeX is the commitment to using the revenues generated from node operations to buy back $NODEX tokens from the market. The bought-back $NODEX tokens are then burned, meaning they are permanently removed from circulation. The burning process reduces the total supply of $NODEX tokens in existence.Token Appreciation Strategy:The buyback and burn mechanism is designed to create scarcity by reducing the supply of $NODEX tokens. According to economic principles, a decrease in the supply of a token while demand remains constant or increases could potentially lead to an appreciation in the token’s price over the long term.Long-Term Value Proposition:NodeX positions itself as a project with a long-term value proposition, suggesting that the combination of node operations, revenue generation, and token buyback and burn will contribute to the sustained appreciation of the $NODEX token.NodeX is a project that leverages contributed funds to operate nodes within a blockchain network. The unique aspect of the project is its commitment to using the generated revenues to buy back and burn its native $NODEX tokens, aiming to create long-term value and potentially contribute to the appreciation of the token’s price.Citations:[1] https://www.blockchain-council.org/blockchain/blockchain-nodes/[2] https://bitkan.com/learn/best-nodes-for-passive-income-can-i-really-get-profits-from-them-14487[3] https://www.altcoinbuzz.io/masternode/how-to-earn-crypto-setting-up-your-node/[4] https://tradewise.community/crypto-nodes-passive-income-generating-revenue-through-cryptocurrency-participation/[5] https://moneymade.io/learn/article/crypto-validator-node-passive-income[6] https://tokentax.co/blog/passive-income-crypto[7] https://www.linkedin.com/pulse/blockchain-node-operators-how-work-shridhar-vatharkar[8] https://www.youtube.com/watch?v=3Flnifkc4tw[9] https://coinpedia.org/guest-post/how-to-start-own-business-as-a-crypto-node-operator/[10] https://tradewise.community/what-crypto-nodes-are-profitable-identifying-lucrative-opportunities-in-cryptocurrency-node-operation/[11] https://cointelegraph.com/learn/what-is-a-bitcoin-node-a-beginners-guide-on-blockchain-nodes[12] https://www.okx.com/learn/crypto-passive-income
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