Nitro Network announces Genesis Node Rewards: Current NCash holders can keep earning rewards for the next 50 years!

The Nitro Network is one that is powered by the community. That’s why we have structured our new token economics with the community at the core and followed this by launching a basketful of incentive reward programs. One of these incentives is the Genesis Node Program.

So how does this work? If you are a current NCash holder there is a lot you can smile about. In the current total supply of 10 Bn NCash, all current NCash holders are considered Genesis Nodes. This makes them automatically eligible for a number of rewards under this program.

Let us explain more. Genesis rewards include:

• Mint and Burn: We have come up with a new token economics model which follows the Mint and Burn Equilibrium (MBE) that has been successfully implemented by Helium. Read about Helium’s MBE here
• Rewards for 50 years: Current NCash holders will keep earning rewards for the next 50 years in line with our new token economics model.
• Special Staking Rewards: Holders who stake NCash in the next 3 months will be rewarded with an APR of 150%!. This is in addition to other genesis node rewards!

With NCash it’s HODL all the way!

The Genesis Node Program is our way of giving back to the community of NCash supporters but that’s just the beginning. As Nitro’s networks grow, a lineup of staking and mining rewards are waiting to be unlocked! It’s a simple yet powerful agenda: When you are an NCash holder, you keep winning!

About Nitro Network (formerly Nucleus Vision)

At Nitro Network, we are building a world of private communication networks powered by IoT together with LoRaWAN/3G/4G and 5G. This hyperconnected world is the IoT alternative to cellular networks unlocking a $3 trillion market opportunity. We believe our decentralized private telecom network is a gamechanger built on a blockchain with our proprietary token NCash at the core that drives utility and value from unlimited use cases. We are creating an inclusive ecosystem incentivizing users to own, operate and earn from the private networks of the future.

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