👾Non-fungible Node

The NFN is a unique, innovative, and multifaceted component of the Wayru network; it's a pioneering advancement in the DePIN sector.

The Non-Fungible Node (NFN) is a revolutionary Wayru network component. It represents a significant leap in the Decentralized Physical Infrastructure Networks (DePIN) sector. Each NFN corresponds to a unique, active hotspot within the Wayru network and is minted by hotspot operators as they join the network.

Onboarding a hotspot to the network by minting an NFN is more than a procedural step; it's a symbolic act marking the beginning of the hotspot operator's journey as an active contributor to a more decentralized and equitable Internet.

The cost of minting an NFN is burning 20 USD worth of $WAYRU tokens. Burning tokens for each new hotspot onboarded helps keep bad actors out while strengthening the token by reducing its supply.

Aspects of the Non-fungible Node

1. Unique Value: The NFN, as a non-fungible asset, carries profound meaning within the Wayru ecosystem. Unlike fungible tokens, each NFN is unique and irreplaceable, mirroring the uniqueness of each hotspot within the network.

2. Dynamic Records: Each NFN encapsulates the essential attributes of a hotspot's contribution to the network, including its service quality, uptime, and data traffic. It acts as a dynamic ledger, documenting the hotspot's performance history. In other words, an NFN is a living, evolving record that tells the story of a hotspot's journey within the Wayru network.

3. Transparency & Trust: NFNs bring an additional layer of transparency to the Wayru network. Each NFN's value, performance, and reward history are publicly verifiable on the blockchain. This openness not only ensures fair reward distribution but also strengthens the trust among participants in the network.

The NFN encapsulates the essence of the Wayru network – an ecosystem built on collaboration, transparency, and shared benefits. It is a testament to Wayru's innovative use of blockchain technology and its commitment to creating a more equitable and decentralized Internet.