THXNET FAQs

What sets apart your Layer 0 & Layer 1 blockchain innovations? 

✅Key features of THXNET. include a dedicated Layer 1 blockchain, On-chain/Off-chain engineering capabilities, and a comprehensive API suite. Our Layer 0 Rootchain is a public chain that allows anyone with enough THX token to become a validator or nominator. Its Layer 1 Leafchains are permissioned chains that are publicly accessible, but only approved entities can be collators. All the chains are interoperable with the ID-Wallet, enhancing security and user experience. THXNET. infrastructure supports scalable, multi-blockchain applications with independent governance.

How does THXNET. redefine Web3-as-a-Service, addressing industry challenges? 

✅THXNET. sets itself apart from traditional blockchain services by positioning as a Web3-as-a-Service (Web3-aaS) platform. It primarily targets enterprise adoption with a Software-as-a-Service (SaaS) approach, emphasizing ease of use and interoperability within its ecosystem. Unlike traditional models, THXNET. focuses on facilitating the transition from Web2.0 to Web3, aiming to establish a business-centric Web3 service marketplace. Key differentiators of THXNET. include:

🔥 Addressing the Blockchain Engineer Shortage: Recognizing the global shortage of skilled blockchain engineers, THXNET. simplifies Web3 adoption for Web2 companies, which often face challenges due to the complexity and high costs of blockchain engineering.

🔥 Enhanced Security and Integration: THXNET. mitigates issues arising from decentralized and scattered communication and marketing tools, which are often non-secure, bug-prone, and susceptible to hacks.
Hybrid Layer 0 / Layer 1 Structure: The platform stands out with its unique hybrid structure, combining on-chain and off-chain engineering tailored for transitioning from Web2.0 to Web3. It provides Web2.0-friendly APIs and features innovative ConnectToEarn and ShareToEarn protocols.

🔥 Interoperability and Technology: THXNET. boasts a Substrate-based L0/L1 blockchain network, compatible with Polkadot's Relaychain and Parachain. This interoperability extends to various blockchains and non-Substrate chains through bridges.
Enterprise-Focused an all-in-one SaaS

🔥 Model: Designed for enterprises, THXNET.'s SaaS model allows for immediate use with FIAT monthly payment, featuring dedicated L1 chains backed by L0, a built-in 2Earn mechanism, on-chain/off-chain engineering, simplified APIs for wallet management and token operations, and comprehensive interoperability across all chains on THXNET.

🔥 Overall, THXNET.'s Web3-aaS model is tailored for enterprises seeking seamless integration of blockchain services, marking a significant shift from conventional blockchain offerings to a more business-oriented, user-friendly Web3 marketplace.

How does THXNET. stand out from solutions like SUI Network, Aptos, and Polygon? 

✅Network Architecture : L0 / L1 Web3-aaS Target Audience:Enterprises looking for easy integration of blockchain services. THXNET. Web3-aaS focuses on enterprise adoption with a SaaS model, emphasizing ease of use and interoperability within the THXNET. ecosystem. It stands out with its hybrid Layer 0 / Layer 1 structure and on-chain-off-chain engineering, specifically tailored for the transition from Web2.0 to Web3. The service offers Web2.0-friendly APIs, innovative ConnectToEarn and ShareToEarn protocols, and interoperability with various blockchains, providing unique offerings in the blockchain space. Its base technology is a Substrate-based L0/L1 blockchain network, compatible with Polkadot's Relaychain and Parachain. Designed for enterprises, this SaaS model allows for immediate use and features a built-in 2Earn mechanism, simplified APIs for wallet management and token operations, and interoperability among all the chains on THXNET. ,as well as with non-Substrate chains through bridges. Targeted at enterprises seeking easy integration of blockchain services, THXNET. Web3-aaS facilitates the transition from Web2.0 to Web3, aiming to create a business-centric Web3 service marketplace.

How does the 'Flywheel' concept propel THXNET.'s ecosystem growth? 

✅THXNET.'s built-in-2Earn features use the THX token as an incentive. Users are rewarded for connecting to services using the ID-Wallet (ConnectToEarn) and for sharing user attributes with other services (ShareToEarn), enhancing both user engagement and benefits. ShareToEarn rewards both the users who disclose their attributes and the original service that distributed these attributes. This creates a synergistic mechanism where user attributes can be utilized by various services within the ecosystem, constructing the Agnostic Mesh (Web3-Data-Mesh). The 'Flywheel' concept in THXNET. refers to a growth cycle where these features, combined with the ID-Wallet, contribute to an increase in both the number of services and users, fostering ecosystem growth.

When is THXNET. planning to launch tokens after the successful Mainnet debut? 

✅Following the successful launch of the Mainnet and various use cases, the timing of THXNET.'s token launch for the community and ecosystem partners will be a pivotal moment. It will mark the transition to a new phase of growth and user engagement within the ecosystem. Expecting TGE will be around April - May in 2024.

Empowering with innovation: THXNET. - Your next-gen hybrid blockchain and Web3-as-a-Service