The NATIX Token (or just $NATIX) is the native utility token of the NATIX Network, designed to power operations and foster collaboration among its diverse ecosystem participants. $NATIX token is an SPL token, meaning that it runs on the Solana blockchain.
SPL stands for "Solana Program Library", i.e. SPL Token are the tokens that follow Solana standards. It’s similar to an ERC-20 token on Ethereum blockchain.
$NATIX Supply and Utility
The total supply of the $NATIX Token is 100 billion, and the token has several functionalities:
- xNodes – NATIX Network is a blockchain protocol that relies on a network of nodes that curate data generation, validation, and exchange, so $NATIX would be utilized to reward these nodes. Furthermore, NATIX validator nodes (i.e. xNodes) require long-term $NATIX as a bonding mechanism to punish malicious activities. xNodes are based on the number of available slots and $NATIX staked, and earn $NATIX according to their uptime and number of validations tasks completed.
- Staking and voting power for system governance – Token holders can vote on larger decisions. To do so, the holder should stake their token
- In-app utilities -Not directly after TGE, but later down the NATIX roadmap, users would be able to convert $NATIX to in-app $NATIX for users to benefit from the abovementioned Drive& app utilities.
You can find the most important stats on $NATIX on Coingecko, Coinmarketcap and Cryptorank.
$NATIX Tokenomics
The exact token distribution and corresponding vests are listed below:
- Team and Advisors (20%): 9-month cliff followed by 30-month linear vest
- Incentivization pool (reward, staking, ecosystem, and community) (37%): release based on product usage; slowly over the lifetime of the project
- DEX/CEX Liquidity (8%): unlocked fully at TGE
- Early backers (24.9%): 10% of the allocation unlocked at TGE, 6-month cliff, followed by 20-month linear vesting
- Public Sale (5%): 25% of the allocation unlocked at TGE followed by 6-month linear vesting
- Reserve (5.1%): 25% of the allocation unlocked at TGE followed by 48-month linear vesting
For full overview of NATIX Network ecosystem, $NATIX token economy and much more, please check out our Whitepaper.
$NATIX Token Launch
$NATIX Presale
Before the launch, $NATIX went through a pre-sale process in May 2024.
Important details about the presale:
- Platform: CoinList
- KYC: Mandatory
- Start Date: May 16th, 2024, 17:00 UTC
- End Date: May 23rd, 2024, 17:00 UTC
- Allocated supply: 5,000,000,000 $NATIX tokens (SPL)
- % of total supply: 5%*
- Fixed token price: $0.001 per token
- Fully diluted network value: $100,000,000
- Minimum purchase limit: $100
- Maximum purchase limit: $2,000
- Purchase Options: USDC, USDT
- Vesting schedule: 25% unlock on TGE followed by a 6-month linear vesting
- Eligible participants: Excluded participants include residents of the US (and its territories), Canada, China, North Korea, and certain additional jurisdictions.
$NATIX Launch
$NATIX Token was launched on July 2, 2024 (“TGE“- Token Generation Event). On this day, first vesting tranches were distributed to early investors, as well as liquidity across multiple CEXes and DEXes.
Where is $NATIX traded?
You can trade $NATIX at both CEX and DEX.
CEX:
DEX:
Learn more by visiting our $NATIX Token FAQ section.
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