Busy beavers are we, building back-end bridges and connecting all the pieces together. Omni-chain adventures are no joke, but opportunities do abound!
The PsyberSects Team has been given an opportunity, a White List opportunity to run a node, a node that will have at the focus of its job, supporting the PsyberX NFTs (and others) to the best of our ability. This will include building a front facing API to make these sorts of things easier to access by going through our omni-chain portal.
So Nodes are apparently popular for projects to launch now, and the connection with $Myria has opened the possibility. What are the potential rewards?
$MYRIA token, as well as "NFT rewards". We don't have much to go on here, but we can imagine that it might be tokens from partner projects that list on Myria's ecosystem. Only those that take the risk can have the opportunity to find out. Voting governance might be something interesting on some future date.
What is the cost? 2.5 ETH each or ~8000 HIVE
We have a whitelisted spot to purchase up to 2 nodes, and the team has indicated that they could give us more. How much interest is there on HIVE to do this? As you can see from the announcement, they plan to raise this to $5000 USD in the presale and up from there into the future.
This is not a financial opportunity, it is degenerate gambling on the future of online, web3 and NFT gaming. However its an infrastructure play, which sometime do well. Web3 sounds good until no one is running nodes (hello IPFS), and running nodes is something our team is capable of doing.
Why are we raising money for this?
Because we are brokeys. But we see where the value will be in the future, and that's why we are working hard with the PsyberX team to deliver the next level integration into "Web3" blockchain gaming (with HIVE pre-integrated 😉), not just for PsyberX's game, but for games and non-game NFT collections from across multiple blockchains.
Right now we have the ear of Myria. With their marketing team we, PsyberX is planning a big launch of their Gold and Silver Passes.
In the background - an infrastructure investment play arises!
What are the terms:
We propose to share all $MYRIA rewards from the nodes in the following manner:
MYRIANODE Holders: 80%
Infrastructure/Management: 20%
The rewards of the 80% will be distributed as follows:
50% growing and rising buyback wall
25% liquid dividends
25% market buys and burn
This ensures that token holders can always find exit liquidity at the time of their choosing, prioritizing the importance of liquidity, and if PsyberSects manages to buy back all the tokens, then we get to continuing running the node, When we buyback and burn tokens, the same rewards accumulate to fewer holders.
We will look into creating governance for the NFTs, but if it becomes too much of a hassle, we Management reserves the right to do whatever we want with them, and this includes liquidating them and distributing the liquid rewards like $MYRIA rewards. It may also include promotional opportunities for PsyberX or PsyberSects.
For each 8000 MYRIANODE tokens we sell at 1 HIVE each, we will be able to buy one Node. We will list 16000 initially, if there is interest we will look to list 8000 or 16000 more. The max supply of MYRIANODE is 80,000, or 10 Nodes. They will sell for one HIVE a piece, this week only, during the Myria Whitelist Sale.
https://twitter.com/myriagames/status/1523037447931584512
- myriagames
If we sell less than 8000 tokens, we will refund everyone's money and close the project down. When we buy at least one node, this token will live on as long as the Myria platform is running. Over time, the internal market on HIVE will decide its discount or premium.
We have launched the MYRIANODE token on Hive-Engine!
The funds for this project will be managed by @ecoinstant of the INCOME Synergy Fund.