Nodepay Airdrop Guide: Everything You Need to Know

The Nodepay project presents an innovative approach to decentralized network infrastructure, particularly aimed at facilitating artificial intelligence (AI) development through shared bandwidth.

As part of its ecosystem, Nodepay is conducting an airdrop to distribute its native token, Nodecoin (NC), to participants who contribute to the network. This guide will provide detailed information on the Nodepay airdrop, including eligibility criteria, steps to participate, and essential information about the Nodecoin token.

What is Nodepay?

Nodepay is designed to create a decentralized network infrastructure that allows AI companies to access distributed internet bandwidth. The platform enables users to monetize their unused bandwidth, which is crucial for various AI processes such as public training data transfer, labeling, model sharing, and remote distributed training.

Nodepay comprises three main components that form its architecture:

Node Core: This is the foundational infrastructure that supports the entire network. It ensures that the system operates efficiently and securely, serving as the backbone for all activities conducted on the platform.
Node Net: This component consists of a network of bandwidth providers and infrastructure partners. These participants contribute their resources, creating a robust and distributed network that enhances the overall capability of Nodepay.
Node Services: This includes various tools and applications that make up the Nodepay ecosystem. These services simplify user interaction with the platform and enhance the functionality available to bandwidth providers and AI companies.

This architecture operates on a token-based economy where participants earn rewards for their contributions.

What is Nodecoin (NC)?

Nodecoin (NC) is the cryptocurrency of the Nodepay network. It serves multiple purposes:

Empowering Contributors: Users who share their bandwidth and actively participate in the network are rewarded with NC tokens.
Rewarding Validators: Validators who help maintain the network's integrity also receive tokens.
Driving Innovation: The token aims to foster further development in decentralized AI ownership and innovation.

Nodepay Airdrop Overview

The Nodepay airdrop is a distribution initiative that rewards users based on points earned through various activities within the Nodepay ecosystem. This includes running a Nodepay extension, sharing bandwidth, and participating in community tasks.

Airdrop Details

Snapshot Date: A snapshot was taken on November 26, 2024, marking a significant step toward the token generation event (TGE).
Initial Airdrop Eligibility: Points accumulated during Seasons 0, 1, and 2 of the points campaign will be converted to NC tokens.
Claiming Tokens: Users can now connect their wallets to check their eligibility for claiming NC tokens.

How to Participate in the Nodepay Airdrop

Step-by-Step Guide

1. Create a Nodepay Account:

Visit the Nodepay website and create an account. By using a specific referral link, you can earn 500 bonus points.

2. Download and Install Nodepay Extension:

After creating your account, download the Nodepay extension for your browser. This tool is essential for sharing your bandwidth and earning points.

3. Connect Your Solana Wallet:

Log into your Nodepay dashboard and connect your Solana wallet to ensure you can claim your NC tokens.

4. Earn the Proof of Humanhood Medal:

To qualify for additional points, verify your identity. This includes:

Connecting and verifying your email.
Linking and verifying your Discord account.
Connecting and verifying your X (formerly Twitter) account.

5. Navigate to “Medals & Boost”:

In your dashboard, go to the "Medals & Boost" section and click ‘Verify’ in the Proof of Humanhood area.

6. Run the Extension:

Keep the extension running while connected to the internet to start earning points.

7. Complete Available Missions:

Engage with the platform by completing tasks and missions to increase your total points.

8. Track Your Earnings:

Check your progress in the “Earnings” tab of your dashboard.

Additional Earning Opportunities

Nodepay also offers a mini-game called Node Wars through Telegram, allowing users to earn extra points and boost their engagement within the community.

Important Dates

Initial Token Listing: The NC token will be listed on exchanges on January 6, 2025.
Official Trading Launch: Trading for Nodecoin ($NC) will officially commence on January 14, 2025.

Airdrop Claim Process

How to Claim Nodepay Airdrop

1. Visit the Official Claim Page:

Go to the Nodepay airdrop claim page at Nodepay Claim Page.

2. Log into Your Dashboard:

If you have an existing Nodepay account, log in to access your dashboard.

3. Verify Eligibility:

Check your eligibility for the airdrop based on your previous activities and contributions, which will be displayed on the dashboard.

4. Claim Your Tokens:

If you are eligible, follow the on-screen instructions to claim your NC tokens. This may involve confirming your wallet information.

5. Secure Your Tokens:

Once claimed, ensure your NC tokens are stored in a compatible wallet that supports the Solana network. Users often transfer their tokens to exchanges like KuCoin, Gate.io, MEXC, BitGet, and OKX for trading or holding.

Tokenomics of Nodecoin (NC)

Nodepay has outlined a clear tokenomics structure for Nodecoin, with a total supply capped at 1 billion tokens. Here’s a breakdown of the token allocation:

Initial Circulating Supply: 208,000,000 NC
Community Incentives: 420,000,000 NC
Ecosystem & Foundation: 225,000,000 NC
Investors & Advisors: 215,000,000 NC
Team Allocation: 140,000,000 NC

Security Measures

Nodepay has implemented strict verification processes to ensure fair distribution and to eliminate fraudulent accounts. Key measures include:

Removal of over 300,000 bot accounts during the Season 1 review.
Elimination of 17 billion illegitimate points from the system.
Conducting manual audits on suspicious accounts.

Conclusion

The Nodepay airdrop presents a unique opportunity for users to engage with a decentralized bandwidth-sharing ecosystem while earning valuable tokens. By participating in the airdrop, users can contribute to the growth of the Nodepay network and explore the potential of decentralized AI development.

By following the steps outlined in this guide, you can successfully claim your NC tokens and become an integral part of the Nodepay community.

Disclaimer

Users should conduct their own research and consider their financial situation before participating in any crypto airdrop or investment. Ensure that you are aware of the risks involved and only invest what you can afford to lose.

Cryptocurrency markets can be highly volatile, and past performance does not guarantee future results. Always consult with a qualified financial advisor before making investment decisions. By participating in any crypto-related activities, you acknowledge and accept the inherent risks associated with such investments.

This article contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of CoinMarketCap, and CoinMarketCap is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. CoinMarketCap is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by CoinMarketCap of the site or any association with its operators. This article is intended to be used and must be used for informational purposes only. It is important to do your own research and analysis before making any material decisions related to any of the products or services described. This article is not intended as, and shall not be construed as, financial advice. The views and opinions expressed in this article are the author’s [company’s] own and do not necessarily reflect those of CoinMarketCap.