## **Understanding MetaCraft's Builder Node System (Beta)**
MetaCraft's innovative Builder System is a pivotal component of its decentralized economy. The system comprises three types of nodes: Validator, Influencer, and Contributor. The Influencer Node possesses the fundamental computing power necessary for engaging in mining and other platform activities, whereas the Contributor Node lacks this basic computing power.
**Node Offerings:**
A total of 50,000 Influencer Nodes are available for sale, starting at $500 each. The price increases by $500 for every 500 Influencer Nodes sold, capping at $50,000. Buyers have the option to provide a referrer's wallet address or leave it blank. Influencer Nodes without a referral are automatically designated as Validator Candidate Nodes. To activate a Validator Node, a minimum stake of 100,000 MCTP tokens for at least 5 years is required. Contributor Nodes have an unlimited supply at a flat price of $10 each, but a referrer's wallet address is mandatory for purchase. Importantly, all nodes are permanently bound to the wallet address used for purchase and cannot be transferred.
**Computing Power and Mining:**
A node's overall mining reward is calculated from several components:
* Base Power: Holding an Influencer Node with at least 3,000 MCTP staked for minimum 5 years grants base computing power. Base Power takes effect after being staked for more than one week. Validator requires minimum 100,000 MCTP in order to be effective as a Validator Node.
* Task Power: Completing tasks and bounties on the MetaCraft platform earns additional task computing power. User verification via email/social is required for task power calculations.
* Eco-Power: Certain MetaCraft ecosystem projects will reward project tokens to staked nodes. Staking additional $MCTP is required, but additional $MCTP rewards are also offered.
* Referral Power: Referring new node sales grants a percentage of their base computing power - 10% for direct referrals, 3% for second-degree referrals. Validator Nodes only receive mining rewards after meeting the minimum 100,000 $MCTP stake for 1 week. All nodes must maintain the minimum stake to earn base, task, and referral rewards. If a Validator drops below the threshold, the entire team loses its bonus power. The top 17 Validator teams by TVL receive an additional 10% base power bonus, while individual Validators get an additional 40% bonus.
**Node Purchasing Requirements**
To purchase any MetaCraft Builder node, a user's wallet must contain enough USDT to cover the node cost.
*Staking and Mining Details*
Staking is not required when purchasing any kind of node. However, to start mining and earning rewards, users must stake at least 3,000 MCTP in the appropriate staking pool. 3,000 is just the baseline. Participating in future Metacraft Ecosystem projects may require staking additional tokens or LP tokens in DEX to qualify for rewards from those projects.
*NFT for MetaCraft Builder Node*
MetaCraft platform will mint a non-fungible token (NFT) representing node ownership. This NFT will be locked into the sales contract as a pledge, with the lock-in period determined by project development needs. The NFT cannot be transferred during its lock-up phase. The wallet holding the NFT is the sole identifier of node ownership. If the user sells the node after the lock-in period, all rights and privileges will be transferred to the new owner. New owners must complete email/social verification and meet the required token stakes before actively mining and earning rewards.
**Metacraft DEX**
MetaCraft is launching a decentralized exchange (DEX) similar to UniswapV2 for trading MCTP and Eco-system project token pairs. Eco-system project tokens will have very small circulation initially. Initially, the primary way to acquire ecosystem project tokens will be:
* IDO public sale
* Providing LP tokens as liquidity in MetaCraft DEX.
**Token Supply and Mining Schedule**
The total MCTP token supply is capped at 40% of the maximum, releasing gradually over 10 years based on this schedule:
```
Year Mined % Total Outstanding
1 5% 50M
2 5% 50M
3 4.5% 45M
4 4.5% 45M
5 4.5% 45M
6 4% 40M
7 3.5% 35M
8 3.5% 35M
9 3% 30M
10 3% 30M
total 40% 400M
```
The MetaCraft Builder program is a complex but innovative approach to decentralize a community of node operators and enables an ecosystem of interconnected games, apps, and services.