NodeOps Invests $2.2M in $NODE to Advance Its AI-Driven DePIN Vision

NodeOps Enters Burn Era

• Token Burn Details: NodeOps has initiated its burn era by removing over $2.2 million worth of $NODE tokens from circulation, which constitutes 3% of the total supply, approximately 20,365,011.90 $NODE.
• Impact on Supply: This strategic reduction leads to an 18.02% decrease in the circulating supply, laying the groundwork for sustainable economic alignment.

Commitment to Transparency

• Permanent Burn Address: The tokens have been sent to a provably irrecoverable Ethereum address, ensuring that future burns are verifiable and cannot be manipulated. This move enhances the integrity of NodeOps' tokenomics.
• Future Burns: All subsequent burns will automatically be directed to this address as NodeOps generates revenue, creating a cumulative and trackable record of supply reduction.

Economic Sustainability and Growth

• CEO's Statement: Naman Kabra, co-founder and CEO, emphasizes that the burn reflects a commitment to value, trust, and transparency on-chain, reinforcing the economic backbone of their AI-powered decentralized physical infrastructure network (DePIN).
• User and Asset Metrics: NodeOps supports a network of over 700,000 users, manages assets exceeding $150 million, operates more than 89,000 machines, and connects with over 24,000 providers. The platform has generated over $4.1 million in revenue, positioning it among the top 10 global DePIN projects.

Vision for the Future

• Long-term Goals: The burn era marks a significant step in NodeOps' mission to create a transparent, verifiable, and sustainable future, integrating tokenomics with real-world growth through its AI-powered infrastructure.