To accelerate the expansion of the OORT Edge network, we are excited to announce the OORT Edge Growth Challenge.
Note: The devices have to be purchased from OORT official Eco-partners to qualify the incentive rewards. Please check the official partner list here: https://docs.oortech.com/edge/eco-partners/official-eco-partners
As per the updated OORT Tokenomics, 400 million tokens are reserved for OORT Edge rewards, to be released in stages:
In Stage 1, each OORT Edge node will produce 2.875 $OORT per day. In subsequent stages, node output will be halved. For example, in Stage 2, each device will produce 1.4375 $OORT per day.
Once all tokens for a stage are distributed, the network will automatically transition to the next stage. If there are 100,000 active OORT Edge nodes in Stage 1, it will take approximately 695.65 days (about two years) to release all tokens. After that, node rewards will be halved. If the number of nodes is lower (e.g., 50,000), the halving cycle will extend to about four years.
For more details, visit: https://www.oortech.com/edge.
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Catch up on OORT's November Town Hall, featuring updates like the upcoming DataHub commercial launch, the new governance platform, and $1M in foundation grants to support open-source projects and community growth.
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