Ecosphere
  • Introduction
  • Elevator Pitch
  • Pitch Deck
  • Lean Model Canvas
  • OVERVIEW
    • Mission
    • Problem Statement
    • Ecosphere Prime Solution
    • Benefits
    • Value Proposition
    • Use Cases By Industry
    • Achieving Net Zero
    • Technology Platform
    • "Waze For Weather"
    • Strategic Roadmap
  • Technology
    • Climate Intelligence Network
    • Climate Nodes
      • Prototype
      • Device Mockup
      • Device Setup
      • Node Location Planning
      • Node Explorer
    • Smart Nodes On Hedera
      • Web3
      • Smart Nodes Vs Smart Contracts
    • DIDs and Verifiable Credentials
    • Peer-to Peer Data Sharing
      • How We Use Hedera
      • Hedera Topics
      • Data Tokenization
      • Data Sharing
    • Decentralized Identity
    • Micro Royalties
    • Fractional Ownership
    • Integration
      • Climate Data Workbench
      • API
    • AI Forecasting
  • Functional Flows
    • Registering A New User
    • Registering A New Node
    • Data Collection From Nodes
    • Data Tokenization
    • Data Sharing
    • AI and DLT
    • Marketplace
    • Fractional Ownership
  • Community Product
    • Product Community Fit
    • Product Vision
    • Minimum Viable Product App
    • Wireframe
      • Onboarding
      • Walkthrough Tutorials
      • Wallet Creation
      • Location List
      • Weather Information
      • Location Options and Support
      • Timelapses
      • Animations
      • Weather Station Setup
      • Search and Explore
      • Settings
      • Sharing and Notifications
    • Style Guide
    • Visual Design Elements
    • Usernames Feature
  • Commercial Product
    • Sector Focus
    • Product Market Fit
    • Comprehensive Reporting and Dashboards
    • Climate Data Oracle
    • Go-To-Market
    • Competition
  • Tokenomics
    • Revenue Drivers
    • $PRIME Token
    • Value Capture Mechanism
    • Reward Structure
    • Locale Coverage
    • Nodes For Public Good
  • Community
    • Whitepaper
    • Public Good
    • Joining Ecosphere
    • Governance
    • Awareness
    • Disaster Readiness
    • Early Warning System
    • Socials
  • Project Developer
    • About
    • Team
    • Funding
    • Testnet Accounts
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On this page
  • Node Operators
  • Onboarding
  • Rewards
  • Reward Airdrop
  • Service Level
  • Member Get Member Program
  • Tier Bonus Program
  • Token Holders
  1. Tokenomics

Reward Structure

Node Operators

Onboarding

Operators of nodes have to stake a fixed amount of tokens to act a a collateral against their service level obligations.

Rewards

Each node will be allocated a maximum number of tokens each month from the treasury to provide a service level to the network. As the number of nodes increases, the maximum amount of tokens allocated to each node will reduce proportionately to the increase in the number of nodes. This is intended to reward the earlier network participants for their support and to ensure that the rewards for each node remain viable. (Similar to block mining rewards in Bitcoin)

Reward Airdrop

The treasury will make the the token airdrops to the node wallet simultaneously with the collection of data. Each node will be have its own wallet to receive the token airdrops. If no data is received from the node, the node will not receive the corresponding airdrop of tokens.

Service Level

If a Node does not maintain its agreed service level to the network according to the service level agreement, the staked tokens will be confiscated and burned. (Also Data Quality score)

Member Get Member Program

Tier Bonus Program

For node operators that have 3 or more nodes, we will offer packages. Cluster and Enterprise packages will have the the additional benefits of:

  • additional logins to the mobile app

  • a bonus on the monthly token allocation

Token Holders

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Last updated 6 months ago