Frequently asked questions
Questions about the Quranium Node Sale
What are nodes in blockchain?
Nodes are individual computers that participate in a blockchain network, maintaining the network's integrity and security by validating transactions and blocks. They play a crucial role in ensuring decentralization and reliability.
What is the Quranium node sale?
The Quranium node sale offers the opportunity to purchase nodes within our blockchain network. Each node contributes to network security, transaction validation, and governance, making it an essential part of our ecosystem.
How does the Quranium node sale work?
The sale features 77 tiers of nodes, each with a specific price and availability. As tiers progress, the price increases, incentivizing early participation. Interested users can purchase nodes during the sale period to become validators in our network.
What are the benefits of participating in the node sale?
By purchasing a node, you become a part of an uncrackable decentralized infrastructure. You'll earn rewards for validating transactions, participate in governance decisions, and contribute to the network's overall security and growth.
How do I get notified when the node sale is live?
Check our social media handles for announcements and/or sign-up to receive our email notification here.
What is the total number of nodes available for sale?
A total of 88,888 nodes will be sold during the Quranium node sale.
What percentage of the total token supply do these nodes represent?
The nodes for sale represent 15% of the total supply of 2.1 billion tokens.
How is the node sale structured?
The sale is structured across 77 tiers, with prices starting at 0.07 ETH per node. Prices increase progressively, with Tiers 1-13 seeing a 25% increase per tier and tiers 14-77 increasing by 1.25% per tier.
What is the purpose of the tiered pricing model?
The tiered pricing model is designed to reward early participants and create a fair distribution system, ensuring long-term value for node holders.
How many tokens are allocated to node holders?
Node holders will collectively receive 315 million QRN tokens, which is 15% of the total supply of QRN tokens.
Is there an airdrop associated with the node sale?
Yes, 2% of the total supply, equivalent to 42 million tokens, will be airdropped to users based on their participation and contributions through their nodes.
What is the pricing mechanism for the nodes?
The price per node starts at 0.07 ETH in Tier 1, with an implied fully diluted valuation (FDV) of $100 million. The price per token begins at $0.050 and increases in line with the price per node and FDV.
What incentives are there for early participants?
Early participants benefit from lower prices and a larger share of node allocations, ensuring they have greater influence and rewards as the network grows.
What role do nodes play in the Quranium network?
Nodes serve as validators, helping to secure the network and validate transactions. They also play a critical role in governance, allowing node operators to participate in decision-making processes.
How can I get involved in the node sale?
You can participate in the node sale by signing up for notifications at Quranium , and ensure you are ready when the sale goes live on 2nd Dec 12 EST .
Can I sell my node after purchase?
Yes, node holders can transfer or sell their nodes.
How will the tokens be distributed among node holders?
Tokens will be distributed proportionally among node holders, ensuring fair allocation based on the number of nodes owned and active participation in the network.
What happens if a tier sells out?
Once a tier sells out, the sale will move to the next tier, where the price will have increased, ensuring continued value for early purchasers.
Is there any ongoing reward for node operators?
Yes, node operators can earn transaction fees and block rewards as part of their participation in the network, providing ongoing incentives.
How does the Quranium network ensure security and decentralization?
Quranium employs a hybrid DLT infrastructure that combines advanced security features, Post-Quantum Cryptography (PQC), and a decentralized architecture, ensuring robust, quantum-resistant protection for all users and transactions.
What are the 77 tiers in the node sale?
The sale consists of 77 tiers, each representing different node prices and availability. As you progress through the tiers, the prices increase, so early participation is encouraged.
How does the tier system work?
Each tier has a set number of nodes available at a specific price. Once the nodes in a tier are sold out, the sale will progress to the next tier with a higher price. This structure incentivizes early investment
What are the minimum requirements for running a node?
I5/I7 gen 10 and above no AMD AVX2, or AVX512 16 GB RAM minimum 2TB NVME 100MBPS internet speed
How to Get Involved
How can I participate in the node sale?
Please visit node.quranium.org. There, you'll find instructions on purchasing nodes and information about the tier system.
When does the node sale start and end?
The public sale commences imminently thereafter.
Is there a limit to the number of nodes I can purchase?
Limited to 100 nodes per wallet. Please email us directly if you wish to purchase a higher number.
About Quranium
Who is behind Quranium?
Quranium is developed by a team of experts with extensive experience in blockchain technology, security, and business. Our team includes professionals from top companies like PwC, Ethereum, Uber, Amazon, and Google, ensuring a strong foundation for our project.
What makes Quranium different from other blockchain projects?
Quranium combines a quantum-proof hybrid DLT infrastructure with a focus on security and resilience. Our innovative approach aims to create an uncrackable network that adapts to current and future threats, providing unparalleled data safety.
How can I learn more about Quranium?
For more information, visit our website at /quranium.org. You can also access our whitepaper and business deck for detailed insights into our technology and vision.
Additional Questions
What if I have more questions?
If you have further questions or need assistance, please reach out to our support team through the contact page on our website, or follow us on our social media channels for updates and announcements.
What is a 'Qurator'?
We refer to our community of network maintainers as Qurators. Inspired by our brand name, a Qurator is someone who not only supports but curates our infrastructure, actively participating in the network to validate transactions and create blocks. Qurators are rewarded for their dedication and effort, making them essential to the integrity and success of our decentralized, quantum-uncrackable platform.
