How to Earn $NATIX Crypto – Single Source of Truth
NATIX Team
June 13, 2024
•
3
min read
How to Earn $NATIX Crypto – Single Source of Truth
NATIXIANs, with the $NATIX TGE nearly upon us, we have decided to create for your convenience your $NATIX cheat sheet, compiling all the ways you can get your hands on the NATIX Network native token. Let’s quickly break down what the $NATIX token is, what in-app NATIX is, and how they correspond together.
The $NATIX token is the ultimate reward for ecosystem actors.
In-app NATIX (convertible to $NATIX Token after TGE)* is the premium currency in Drive& app, rewarding users for contributing geospatial data. With in-app NATIX, users can:
Access certain premium Drive& features
Purchase exclusive marketplace offers (premium goods and raffle tickets).
Utilized for additional Gamification features (NITRO).
HODL In-app NATIX for more exclusive features.
*Converting In-App $NATIX to $NATIX Token will require a cooldown period. Users who want to convert their In-App $NATIX to $NATIX Token immediately can do so but will be subjected to an instant conversion fee. The fee will first go towards the incentivization pool, and later be used for a permanent burn of $NATIX which ensures the long-term sustainability of the economy.
The total supply of the $NATIX Token is 100 billion split as shown on the chart:
The Incentivization Pool (37%) is what compiles all $NATIX ecosystem and community rewards. There are three main ways to get your hands on $NATIX or in-app NATIX, as detailed below:
Only active regions: European Union, UK, Switzerland, USA & Canada, Japan, South Korea, Taiwan, Singapore, Hong Kong.
The top 60% of the regional leaderboards earn in-app NATIX every monthly cycle.
Every calendar month (i.e. monthly “Cycles”).
Cycle rewards vary per region and over time (based on network size, data sales, etc.).
In-app NATIX has no vesting! However, in-app NATIX to on-chain $NATIX withdrawal has a 30-day cooldown period or a 30% fee in case of instant withdrawal. For TGE you can instantly withdraw without a fee for a limited time.*
Worldwide excluding China, Russia, Iran, North Korea, Syria and Somalia.
Top 400 in the Social Leaderboard, or among the 600 lucky raffle winners.
May 30 - June 13(concluded)
Up to 200,000,000 NATIX tokens (0.2% of the token supply).
In-app NATIX to on-chain $NATIX withdrawal has a 30-day cooldown period or a 30% fee in case of instant withdrawal. For TGE you can instantly withdraw without a fee for a limited time.*
Any user can become an xNode based on the number of available slots (TBD) and the amount of $NATIX staked.
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*The cooldown period and instant withdrawal fee are subject to change at a later date.
As we approach the $NATIX Token Generation Event (TGE), seize the opportunity to earn $NATIX through various engaging activities like mapping, social quests, HODL clubs and the airdrop program. Use this guide as your go-to source for all the earning methods to maximize your rewards within our ecosystem.
Stay tuned for more updates, keep participating and watch for further announcements as we continue to build and reward our vibrant community.
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