Welcome to the world of cryptocurrencies and the $NATIX token in particular. We’ve compiled everything you need to know about how to get started on acquiring the $NATIX token, what you can do with it, and why you should care.
Cryptocurrencies are digital money built on blockchain technology –which keeps records of all transactions securely and transparently. Unlike traditional currencies that governments control, cryptocurrencies operate on a decentralized network, making them open and accessible to anyone. There are several types of cryptocurrencies, but we’ll be focusing on "utility tokens," meaning they have a specific purpose within their network, such as giving token holders access to special features, voting rights, or earning potential within a network.
$NATIX is a utility token that rewards users for contributing valuable data that drives AI development, mapping, and other applications. As users explore and interact with $NATIX, they become active participants in a new digital economy shaped by their contributions and by the community itself.
The $NATIX token is the ultimate reward for ecosystem actors, and there’s a total supply of 100 billion tokens. $NATIX token is an SPL token, meaning that it runs on the Solana blockchain, and it offers several utilities:
There are several ways to get your hands on $NATIX or in-app NATIX (which can be converted to $NATIX), as detailed below:
A crypto wallet is the first step if you wish to dive into the world of cryptocurrencies. To enjoy the full capabilities of Drive&, the app includes a Wallet Connect feature, where you can stash your $NATIX. Since $NATIX runs on the Solana blockchain, Drive& only supports Phantom Wallet. If you wish to learn how to set up a Phantom wallet, please watch the video below.
If you’ve already set up a wallet, you can follow these steps to connect it to the Drive& app:
If you’ve acquired some in-app NATIX and wish to withdraw them as $NATIX tokens to your wallet, there are a few things to keep in mind. There is a minimum requirement of 6000 in-app NATIX per withdrawal request, and withdrawing more than 50% of your in-app NATIX resets your HODL Score to 0. Furthermore, withdrawal requests have a 30-day cooldown period. Alternatively, you can submit an instant withdrawal request with a 30% instant withdrawal fee. Here’s how to submit a withdrawal request:
On the Solana blockchain, token accounts are used to manage on-chain data storage, such as token balances. Each different token you hold requires its own token account within your wallet. Solana imposes a small token account fee, approximately 0.003 SOL per account, to cover the cost of storing data on the blockchain.
If you have never withdrawn or received $NATIX on your Solana address, you must pay this one-time blockchain fee before proceeding with your first withdrawal. NATIX has paid this fee during its DePIN Crypto Listing days, so if you have withdrawn before, you won't have to pay this token account fee, as long as you use the same wallet address you used before.
The NATIX “deep” staking platform offers more than your traditional stake-and-forget options which are often synonymous with crypto staking mechanisms. The deep staking platform allows you to stake your $NATIX tokens to earn rewards and soon will grant voting power and network governance decisions to make a change, via NATIX Improvement Proposals (NIP).
We designed the deep staking program to reward long-term $NATIX holders and network participants, who have multiyear horizons and are aligned with our long-term vision, so the more and longer you stake, the more your votes will influence network decisions in the future.
The NATIX tokenomics model is crafted to ensure value and sustainability for $NATIX token holders. Through our design, the value of the $NATIX token is designed to increase over time as the supply decreases. We use every opportunity to accrue value to the token, with the main mechanism being token burning, via buyback or directly from fees, along with keeping a maximum fixed supply, which ensures our economic model is fully deflationary.
The NATIX deflationary model transforms the $NATIX token into a lucrative investment asset, incentivizing hodling and ensuring value and sustainability for $NATIX token holders. We constantly accrue value to the token by burning, via buyback, or directly from fees, while keeping a fixed maximum supply, to maintain long-term value preservation.
We’ve already started the burning process, which you can read more about here.
This is strictly information about where $NATIX token is traded, and in no way should you consider this a financial recommendation. $NATIX is currently being traded on these exchanges:
CoinList
* Note that digital assets markets are nascent and highly volatile due to risk factors including, but not limited to, adoption, speculation, technology, security, and regulation. This document was solely written as a guide, and at no point does NATIX act as a financial advisor, nor should this be regarded to, or taken as financial advice.
