⚙️$NODE Utilities

Marketplace Currency

$NODE token is the major currency used by innovators looking to build AI projects to purchase computational power from the open marketplace. The network distributes tasks across its resource pool based on user specifications & available computational power in the open marketplace. When a user finds the perfect resource for their project, payment is made to the network with $NODE.

Rewards for Contributors

Contributors can earn rewards in $NODE when their computer completes assigned tasks in the open marketplace based on the demand and supply of resources. The network incentivizes contributors with good rewards to ensure premium satisfaction and encourage more support for the network.

Governance Rights

Holders of $NODE can utilize their voting rights to steer the direction of the NodeGPT network & resource pool allocation. Every holder is afforded a unique privilege to help make decisions that improve the network for good. This decentralized autonomy gives power to holders to vote on crucial proposals, from network upgrades to policy implementation. The decisions mapped out are always strategic and align with what the community needs to succeed.