Post
Topic
Board Announcements (Altcoins)
Re: [ANN]⚡[POW&POG]⚡[NEOX] Neoxa Network - The Future of Gaming Finance
by
Ginger Beef
on 27/06/2023, 20:10:28 UTC
Quick update:

We have about 400 testnet nodes running perfectly with no issues thus far

Mainnet node launch is coming soon as a fork block (to DASH code) will be announced shortly.  Mining will still remain on the Kawpow algo.

As you may know, the collateral required to run a Neoxa node on mainnet is set at 1M Neoxa (Approximately $950 at today's price). 

At the fork, and from each 5000 Neox block: 

- 45% is allocated to nodes
- 45% is allocated to miners
- 5% is allocated to gamers

The 5% dev fee remains unchanged.

A common question we receive is "How much can I earn running a Neoxa node?".  There will be 3.24M Neoxa per day paid to nodes, so the math is as follows:

3.24M Neoxa / (number of online nodes) = Amount of Neoxa earned per day per node

For example, if there are 500 online nodes: Each node earns 6,480 Neoxa per day

At today's price, that example equates to approximately USD$5.91 per day.

Any questions, or if you'd like to participate in our Neoxa testnet, please join our Discord:  https://discord.gg/8bJ8jHSk

Have fun!