Redlight Node District Price (PLAYMATES)

Sustainability is a key factor for us, having noticed the difficulties of extreme growth for some projects and not being able to keep up with demand, we wanted to implement unique systems to combat this problem. Learning from the advancements and demands of the space we decided to implement key factors into our smart contract to make sustainability a reality. We came up with several sustainability features such as a unique node cost token distribution, a claim tax, a sell tax, a transfer tax, a whale tax, and a node tier system. All of these functions work in tandem with one another to keep our economic ecosystem sustainable. The Node tier system encourages people to upgrade their nodes to increase their rewards, this alleviates reward pressure from the mass amount of nodes needing to be paid out. To encourage people to upgrade we came up with a system that increased the cost of the nodes determined by how many nodes a user has. Our sell tax allows us to continue to build upon the project externally, while our claim tax allows us to build upon the project internally. The combination of these functions will allow the project to payout the same rates for time to come, which will overall be better for our users rather than a 2-week pump and failure like some projects.

The node & NFT industry has rapidly grown in 2021 and is set to match or pass growth expectations in 2022. The growth in NFT technology has allowed node technology to also grow, more so even with sustainability of rewards for these nodes. Introducing incentivized growth NFTs, play-to-earn games, and adaptive smart contracts we see that users are migrating towards more “smart” node systems. Smart nodes allow users to grow their investments while maintaining ultimate sustainability within the system. Unlike notable node projects such as StrongBlock, our technology and smart contract allow the growth of the reward pool not only from node generation but also from the sales of the generated token from those nodes. The increased taxes allows the growth of the reward pool and the liquidity floor without affecting the reward payout percentage.