Neoxa
If you would like to participate in running a Smartnode you can checkout our GitBook.
Gaming & Streaming
Neoxa is actively developing its utility smartnodes to expand their capabilities, including the provision of streaming and game server hosting services.
To achieve this goal, we will endeavor to utilize our Smartnodes as the backbone of the network.
Gaming Platform
Our customized gaming platform offers a seamless integration for our gamers, enabling them to effortlessly connect their wallet to the game of their preference. This linking of your distinct game identifier also grants access to the feature of having in-game statistics seamlessly displayed on our platform.
Our commitment to user convenience is further underscored by the platform’s mobile-friendly design, with plans for an imminent transition to a dedicated mobile application.
Notably, the Gaming Platform also serves as the home for our marketplace, where our gamers can procure in-game items. It’s important to emphasize that every Neoxa spent within the marketplace undergoes a complete and permanent burn process, ensuring the transparency and integrity of our ecosystem.
Marketplace
Neoxa features a marketplace where users can purchase in-game items. Notably, the Neoxa coins spent in this marketplace are permanently removed from the supply through a burning mechanism.
Tokenomics
Neoxa operates with a maximum supply of 21 billion coins and utilizes a 4-year halving cycle, ensuring a block is generated every 60 seconds, facilitating quick and efficient transactions.
In our evolving ecosystem, Smartnodes play a pivotal role, earning a substantial 45% of the block rewards. Proof of Work, while still significant, has been adjusted to 45%, and Play To Earn now encompasses 5% of the rewards.
Mining & Algorithm
Miners hold a pivotal role within the blockchain ecosystem, acting as the driving force behind its continuous operation. These dedicated individuals ensure the blockchain’s seamless progression, while Smartnodes serve as the essential validators for both blocks and transactions. It is worth noting that without miners, the blockchain would grind to a halt.
To facilitate the acquisition of Neoxa through their hardware, miners are mandated to employ the KawPow algorithm. KawPow is a vital component of our system, designed with the specific purpose of resisting Application-Specific Integrated Circuit (ASIC) mining. This resistance guarantees a fair and decentralized mining environment, where individual miners can participate effectively, safeguarding the integrity and security of our network.
Assets
Meet $ONCY, a unique creation within the Neoxa community. Although $ONCY itself doesn’t possess any intrinsic value, it serves as a prime example of the endless possibilities that Neoxa’s blockchain assets can unlock.