Important Announcement on Station Nodes
Dear Station Node Holders!
We have important and exciting updates for you. First to begin with, MeMusic’s TGE is coming soon on February 16th. Our first announced exchange is Gate.io.
Can I claim the premined tokens?
Yes! All of the tokens you premine until the listing date would be available for claim.
Is there a vesting to mined tokens for 36 months?
No! The 36 months vesting period applies to the total amount of tokens allocated for the nodes, which equates to 400,000,000 $MMT tokens. The vesting period begins on TGE date. With this in consideration, tokens that are mined after the TGE date has a delay in claim to adhere to the vesting schedule we have designed.
Is there a price increase? How many nodes will ever exist?
There will be a no price increase in the Station Nodes. In the initial conceptualization, Station Nodes were designed to have 30,000 nodes ever possible to exist. However, this changes. There will only ever be 10,000 nodes to ever exist that reap the benefits as an early contributor to Stations.
How do Node Holders interact and earn $STREAM?
Station Node holders receive a transaction tax when the $STREAM token is being traded. Each trade has a 2% tax that contributes to a pool that proportionally pays to the Node Holders.
Station Node holders will be able to start mining the $STREAM token. On the app you are interacting with, there will be an option that allows you to start mining the $STREAM token with ease.
Is there an upcoming airdrop for Station Node Holders?
Stations is MeMusic’s pilot product to establish our AudioFi ecosystem. Therefore, our node holders play a crucial role in the development of Stations. We plan on executing various airdrops to the Node Holders.
I participated in IDO for $MMT, do I get airdrops as well?
Of course, $MMT holders are as important as Station Node holders. There will be different events to benefit long-term holders and believers of the $MMT token.
Are there any other benefits as a Station Node Holder?
In the initial phase of Stations launch, there will be a referral campaign to allow users to invite users to sign up using referral codes. Node holders will be the only users that can gain referral benefits.
There are also many ways a Station Node holder can reap the benefits by contributing to the growth of MeMusic. Click here to learn more!
You can purchase a Station Node on our beta app.
