$GO Token

$GO is the native token of the NodeGo ecosystem, enabling transactions, staking, governance, and network security. It plays a fundamental role in incentivizing participants, facilitating payments, and ensuring the integrity of the decentralized infrastructure.

$GO Token Usage

$GO enables holders to engage with the NodeGo network in the following ways:

1. Powering Transactions

• $GO is used to pay for decentralized computing resources, including CPU, GPU, bandwidth, and storage.

• Facilitates transactions for AI workloads, spatial computing, rendering, and data processing.

• Supports a compute resource marketplace, where businesses and developers lease computing power from node operators.

2. Staking & Rewards

• Stake $GO to operate nodes and contribute unused computing power, bandwidth, and storage.

• Earn rewards for providing stable, high-performance infrastructure to the network.

• Higher staking levels offer better rewards and access to premium workloads.

• Staking ensures network reliability and prevents malicious activity.

3. Network Governance

• $GO holders participate in DAO governance, voting on network upgrades, incentive mechanisms, and ecosystem decisions.

• Proposals include improvements to the protocol, funding allocations, and partnerships.

• Governance ensures NodeGo remains community-driven and decentralized.

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Resource Fees

All transactions within the NodeGo Ecosystem are ultimately settled in $GO. However, businesses and developers can also pay in USD, USDC, or other supported assets, which are then converted into $GO.

Fee Mechanism:

• Users purchasing compute power, bandwidth, or storage pay in multiple currencies.

• Network revenues are converted into $GO, increasing token demand and liquidity.

• Fees are distributed to node operators and contributors based on their level of participation.

• A portion of fees may be burned to ensure long-term token value stability.

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Network Security

• Staking is required to operate nodes, ensuring compliance with network protocols.

• Nodes must accurately report usage and facilitate transactions correctly.

• Slashing mechanisms penalize dishonest behavior and reward network reliability.

• As decentralization increases, automated slashing will be introduced, enforcing security in real-time.

Why a Distributed System is Necessary

A blockchain-powered system ensures fairness, efficiency, and user ownership. NodeGo leverages decentralization for:

1. Transactional Efficiency

• Global compute transactions can be settled seamlessly without intermediaries.

• Reduces costs and delays, optimizing compute resource allocation.

2. Transparency & Trust

• All transactions, resource usage, and rewards are recorded on-chain.

• Verifiable proof ensures fair distribution of earnings and prevents manipulation.

3. User Ownership & Monetization

• Users own their compute power and bandwidth instead of centralized cloud providers.

• Ensures fair monetization, preventing exploitation by large corporations.

• Encourages a decentralized, community-driven AI and cloud computing economy.