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About Nodecoin
Nodepay is a decentralised platform that enables users to contribute unused internet bandwidth for AI development. Nodecoin (NC) is the platform’s native token, used for transactions, staking, governance, and security within the ecosystem.
Nodepay is a decentralised platform that allows users to contribute unused internet bandwidth and data to support real-time artificial intelligence (AI) training and development. By installing a desktop extension or mobile app, participants can share network resources and earn rewards. The platform is designed to decentralise AI development, providing an alternative to corporate-controlled AI models.
Nodepay operates through several key components:
- Node Collect – Utilises shared bandwidth for real-time data retrieval and web scraping.
- Node Search – A decentralised AI-powered search engine.
- Node Play – A gamified human verification system to prevent fraud.
- Node Force – Reinforcement learning based on user feedback to enhance AI models.
By contributing resources, users earn rewards and gain access to AI-powered services, while businesses can leverage decentralised data retrieval and AI enhancement tools.
Nodecoin (NC) is the native token of the Nodepay ecosystem. It serves multiple functions, including:
- Network Transactions – Used to pay for services such as data retrieval, AI-specific crawling, and dataset access.
- Staking – Users can stake NC to validator nodes to support network security and earn rewards.
- Governance – NC holders can participate in decision-making, propose changes, and vote on platform improvements.
- Network Fees – All stakeholders are compensated in NC, with revenues from Nodepay services converted into NC and distributed to participants.
- Security – Validators must stake NC to ensure compliance with network protocols, and penalties (slashing) apply for malicious behaviour.
Nodecoin facilitates decentralised AI infrastructure, ensuring fair distribution of network value and empowering users with direct ownership of AI-driven innovations.