Wirex Pay Node Sale

What is a Node Sale?

As part of Wirex Pay’s decentralized payment network, the company is introducing an innovative Node Sale mechanism. This approach not only facilitates early-stage fundraising but also decentralizes network governance and infrastructure, aligning with the latest trends in blockchain technology.

How Wirex Pay Node Sale Works

Wirex Pay’s Node Sale is designed to offer a fair and structured way for participants to join the network. Here’s how it works:

Node Allocation and Tiers

Wirex Pay nodes are sold in tiers with increasing prices, ensuring early supporters receive better pricing. There are 40 pricing tiers, each with a set number of nodes available. This sale is for Tier 4 Nodes and is an exclusive offering from Launchblock, they are about as cheap as you will see. Tier 40 being the most expensive nodes. This structure encourages early participation and helps balance demand.

Node License NFTs

Each node purchase is represented by a unique Node License NFT (ERC-721). These NFTs provide verifiable proof of ownership, can be traded or sold on secondary markets, and are necessary for operating nodes within the Wirex Pay network. After 360 days, community voting will decide on the transferability of these NFTs.

Activation and Rewards

Nodes will be activated within 45 days post-Token Generation Event (TGE). Operators earn ongoing rewards, including a share of Wirex Pay’s token supply and transactional revenue. This reward system incentivizes continued participation and network support.

Why Participate in the Wirex Pay Node Sale?

Earn Rewards: Node operators receive 20% of the $WPAY token supply over five years and up to 40% of transaction revenue. This provides a continuous income stream and a stake in the network's success.

Governance Rights: Owning a node grants governance rights, allowing operators to vote on network decisions and help shape the future of Wirex Pay. This democratic approach ensures that the network evolves in line with its users' needs and interests.

Proof of Ownership and Tradability: The Node License NFTs not only prove ownership but also can be traded or sold, offering flexibility and potential for profit. This feature makes participation accessible and attractive to a broad audience, from individual users to institutional investors.

Sale Info

Node Price: $280 USDT (ETH)

Currency of Sale: USDT (Ethereum chain)

Node Rewards: 20% of Token Supply to Node runners + up to 40% of Wirex Pay revenue share

Nodes availabe in this sale: 268

Nodes Per Buyer: Tier Dependant

Total amount of Nodes: 100,000

1 Ticket = 1 Node

Possessing a node license is the sole method to acquire $WPAY prior to the Token Generation Event (TGE)

Nodes will be distributed on Polygon Chain to the wallet address that is used to take part in the sale

DAO

Wirex Pay will be governed by a Decentralized Autonomous Organization (DAO) established after the Token Generation Event (TGE). A DAO is an entity structure where token holders participate in management and decision-making processes. Unlike traditional organizations, a DAO operates without a central authority. Instead, power is distributed among token holders who collectively cast votes.

All voting and activities conducted through the DAO are recorded on a blockchain, ensuring transparency and making all user actions publicly viewable. The Wirex Pay DAO empowers token holders to raise and vote on proposals. This democratic and decentralized approach ensures that the network remains community-controlled and evolves to benefit its users.

Token holders can stake their tokens to increase their rewards and voting power, both dependent on the staking duration. The community will also manage the treasury and handle various operational activities.

Wirex Pay Tokenomics

Token Ticker: $WPAY

Token Type: ERC-20

Total Supply (Fixed): 10,000,000,000

Series A Investors: 3.5%

Team: 25%

Point Based Airdrops: 5%

esWPAY Staking Rewards: 12.9%

Liquidity: 4%

Treasury: 29.6%

Node Rewards: 20%

Project Founders

Pavel Matveev

Pavel Matveev is the dynamic CEO and co-founder of Wirex Pay, an innovative Web3 payment platform that is redefining how digital and traditional currencies interact. Building on his success as a co-founder of Wirex, Pavel now spearheads Wirex Pay’s mission to provide decentralized, efficient payment solutions leveraging Zero Knowledge technology. With over 15 years of experience in software development and IT management at financial giants like Barclays Capital, Morgan Stanley, BNP Paribas, and Credit Suisse, Pavel’s leadership and technical acumen drive the evolution of Wirex Pay into a leading force in the blockchain space.

Dmitry Lazarichev

Dmitry Lazarichev is the Co-Founder and Co-Chief Executive Officer of Wirex Pay. With over 20 years of extensive experience as a financial advisor, Dmitry has led numerous international projects across the finance, oil & gas, and real estate sectors. His expertise and leadership have been instrumental in shaping Wirex Pay into a pioneering platform that integrates blockchain technology with traditional finance, offering innovative, non-custodial payment solutions. Dmitry’s vision is central to Wirex Pay’s mission to revolutionize the digital payments landscape through cutting-edge technology and seamless user experiences.