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  • Summary
    • Iskra: The Future of Play
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    • Iskra Platform
      • Launchpad
        • Iskra Launchpad 1.0
        • Iskra Launchpad 2.0
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  • COMMUNITY ECONOMICS
    • Community System
      • Contribution Point(CP)
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    • Token Economy
      • ISK
      • Settler NFT
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On this page
  • What is Settler NFT?
  • Settler NFT Rewards
  • Total Supply and Distribution Plan
  1. COMMUNITY ECONOMICS
  2. Token Economy

Settler NFT

What is Settler NFT?

As part of the Pioneer Stage's conclusion, Pioneer NFTs have been converted to Settler NFTs*. Each Settler NFT gives its holder the right to become a node operator on the ISKRA platform. Nodes provide a steady stream of computing power for the ISKRA blockchain network, making it a decentralized, stable, and trustless system. Settler NFT holders are rewarded with $ISK tokens and CPs in return for operating a node or delegating their NFT to other operators**.

Settler NFT Rewards

Settler NFT holders will be entitled to the following rewards:

  • $ISK: rewarded with $ISK tokens in accordance with the Distribution Plan as described earlier in this document.

  • CPs: rewarded with CPs based on a defined formula.

Total Supply and Distribution Plan

  • Total Supply: 10,000 SNFT

  • Distribution Plan: A total of 10,000 Pioneer NFTs have been converted to Settler NFTs and distributed to the existing Pioneer NFT holders

*In accordance with the governance vote, the PNFT sale was discontinued, and the Total Supply was set at 10,000. Upon the 1:1 conversion to SNFT, all restrictions on PNFTs were removed.

**Until the official launch of the ISKRA Chain, the NFT rights will be delegated to ISKRA by default.

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Last updated 3 months ago