Verifier Node Purchase FAQ
1. How many nodes are available for purchase? Inferix is offering 25,000 nodes across 30 tiers. Each tier has a limited number of licenses, and prices increase as the tiers progress.
2. What are the steps to purchase a node? To purchase a node, there's two types of sales:
Whitelist Sale (if eligible): If you are whitelisted, you'll have early access to buy nodes at a lower price during Whitelist Sale. The Whitelist Sale has 8 tiers of pricing, with increasing prices.
Public Sale: After the whitelist sale, any remaining nodes will be available in the Public Sale on a first-come, first-served basis. Public sale prices will increase across the 30 tiers.
3. Who is eligible for the Whitelist Sale? Whitelist participants include:
Whitelisted (WL) users
OG (Original Group) members
Key Opinion Leaders (KOLs)
Node Sale Partners
Participants of events and campaigns
4. What is the purchase token for the sale? Nodes can be purchased using wETH on Arbitrum network or wIOTX on IoTeX network during both the Whitelist and Public sales.
Don't know how to get wETH or wIOTX?
Goto Uniswap, connect your wallet and convert your token assets to wETH
Goto Mimo Exchange connect your wallet and convert your token assets to wIOTX
If you dont have enough token in your wallet, goto a centralized exchange, such as Binance, buy ETH or IOTX and then send it from your Binance account to your wallet address using the Arbitrum One or IoTex network
5. Is there a purchase limit for nodes? During whitelist sales, Max. 1 node per whitelisted Tier. During the public sales: Tiers 1 - 8: There are specific purchase caps per wallet for these tiers:
Tier 1: Max of 5 nodes per wallet
Tier 2: Max of 10 nodes per wallet
Tier 3: Max of 15 nodes per wallet
Tiers 4 - 8: Max of 20 nodes per wallet
Tiers 9 - 30: There is no limit on the number of nodes you can purchase in these tiers.
6. How does the pricing work? The price of each node increases with each tier. Here’s a brief outline of the pricing:
Tier 1: $300 per node
Tier 2: $350 per node
Tier 3: $400 per node
Tier 4: $450 per node
Prices continue to rise until Tier 30, where the price reaches $1,750 per node.
Each tier has a limited number of licenses, so early purchases will be more cost-effective.
7. Where can I purchase nodes? The nodes will be available for purchase directly on our Node Sale Page. All node purchases are conducted using wETH tokens on the Arbitrum One networkor wIOTX on IoTeX network. Please ensure you have enough ETH or IOTX in your wallet to complete the transaction.
8. How will I receive my node? Once purchased, your node will be represented as an ERC-721 NFT, which will be airdropped directly to your wallet. This will happen 4 weeks after the sale is complete.
9. Can I transfer my node after purchase? Nodes will be locked for a period of a year after the sale. After this lock-up period, you’ll be able to transfer or sell your node on the secondary market.
10. What rewards do I earn as a node holder? As a node holder, you will earn $IFX rewards and possibly additional rewards, which we’ll announce in the future.
11. What are the rules for releasing rewards for Verifiers？ The rule of node rewards is defined in section VI. Burn-Mint-Work token issuance model in White paper. Inferix releases rewards after each Epoch period of 72 hours. The rewarding amount for each period is planned in the Emission Plan and the Ecosystem Fund will be released all within 4 years.
12. How does the referral program work? Inferix offers a referral program for both KOLs and users:
KOLs/Partners: You’ll receive a unique referral code to share with your audience. For every sale made through your referral code, you'll earn a commission (the rate may vary depending on the KOL/partner agreement) along with a 10% rebate on each node purchase.
Users: Your wallet address used for purchasing the node will serve as your personal referral code. You will receive a 5% commission and a 5% rebate on any node purchases made using your code.
13. When will the Inferix network launch? Inferix Network will launch the mainnet after the TGE in November, 2024
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