StackOS is a decentralized cloud computing protocol that recently revealed its visionary node programme. It’s truly unique. Unstoppable, cross-chain cloud computing protocol allows users to create full-stack apps, decentralized Apps (dApps), and blockchain privatenets. It also lets them use mainnet nodes.
Node NFT Innovation
For a long time, NFTs were the topic of conversation in crypto. They are becoming more than digital art and a key part of DeFi. StackOS is a pioneer in using NFTs to further decentralize the world.
The decentralization process is made possible by the nodes. These nodes enable individuals to become more involved in decentralization. However, the task of launching nodes for most projects is a complex one that requires a great deal of capital and technical skills. All you require to launch the StackOS NFTs is $200 and an internet-connected computer.
Now you can create a Node FFT without technical knowledge and be part of the decentralization network’s decentralization system. You can create slots for nodes that cluster operators can access with a Node NFT.
StackOS is operated by multiple cluster operators. Cluster operators are those who manage a cluster of nodes which powers the cloud. Cluster operators used to be able to launch nodes through providing resources and locking STACK tokens. To add a node to their cluster they will need to have the Node NFTs. These NFTs must be generated by the community.
This makes it very easy for an individual to participate in the network’s decentralization, because the more the number of Node Slots, the more the number of Node Authorities. Node Authority, in the StackOS ecosystem means an individual that has the right to govern the network. A person can become a Node Authority by holding more tokens than is necessary to cover the total number of tokens in circulation or the number of Node Slots. This is truly groundbreaking. But one might wonder about the incentives for minting a Node NFT apart from being a part of the network’s decentralization process.
NFT Node Rewards
With each generation having only a few mints, there will be several generations of Node NFTs. For every Node NFT someone mints, they will receive 50% of the trading fees of future generations NFT trades in ETH & MATIC. The sooner someone enters, the greater the potential rewards. Not to mention, the NFTs’ intrinsic value also grows as more are minted and traded.
If these rewards aren’t attractive enough, StackOS also offers a high APY program. You pay $100 each month for stablecoins, unlocking an APY as high as 587%. Users instantly get $100 in $STACK upon payment. These can then be withdrawn in 3 months without any penalty. $80 additional rewards will also be available within the NFT. They will be distributed daily for a period of one year. Users also get 10% of each new Node NFT and 50% of the future trading fees in ETH or MATIC, as previously mentioned.
This innovation is worth noting: the NFT locked $STACK and monthly earnings, both by the NFT increases the NFT’s intrinsic value, which can then be traded for a significantly higher fee than the minting charge. Even locked tokens can now be traded and are easily liquid.
This Node NFT reward program is very attractive because of all these benefits. Easy participation, low capital, and high rewards – a great model for incentivizing network participation. The dates are not confirmed but the StackOS team intends to launch the Node NFTs by the end of the year, providing its community with a unique and powerful holiday gift – the gift of decentralization.