The ReserveBlock Foundation announces the release of the RBX Network Masternode in collaboration with the Networks Public Testnet
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ReserveBlock Foundation (RBX Network), the first open-source, decentralized and self-contained NFT core blockchain for everyone, releases the network’s Masternode information with a presale that will start on February 22 at 12:00 EST. Masternode information and installation documentation will be available via the networks site (reserveblock.io) and the Discord community on February 11.
ReserveBlock users can choose to simply become a Masternode on the network.
After downloading the main desktop RBX wallet and acquiring the minimum RBX standards in presale, users can choose to simply become a Masternode on the network. In addition to a host of NFT wallet features and tools, node holders will be able to earn block rewards similar to the Bitcoin network, especially under the RBX networks halving schedule. Network nodes passively earn robust block rewards while verifying transactions, independent of operating system, maintaining minimum RBX cash requirements on the network through the main wallet. All nodes are free to stake or withdraw stake at any time without any predefined holding period, fees or penalties.
With the presale on Tuesday, February 22, users will be able to simply generate an address and connect their existing Coinbase or Metamask wallets to purchase their Masternodes. Purchases can be made with BTC, ETH, or LTC on the day of the presale, with the last day of the sale ending Friday, February 25 at 5:00 PM EST. At the end of the presale, the levels of Founder Masternodes will be defined in two categories: Carbon Founders and Diamond Founders. Carbon Founders (limited to 800 total) are Masternode holders of 1-4 nodes, while Diamond Founders (limited to 450 total) are holders of 5 or more nodes on the network and receive a capped supervote. In addition to Global Rewards, Governance, and Benefits, each Founder will receive a unique, limited-edition NFT Badge ID that will be hard-coded to the network and redeemable upon launch of the network’s mainnet by the end of the first Quarter 22. Details of the two Founder Node levels can be found in the current Litepaper as well as the February 11 document posts to the network’s site and Discord.
Additionally, the Foundation will launch a rewards initiative in the coming weeks through airdrops for developers and nodes participating in the upcoming Testnet when presale closes.
The RBX Network was created and developed through a collective of founding sponsors, each with extensive expertise in media, entertainment, technology, sports, hospitality, banking and finance. Led by The Reserve Label, Texoware and technology group The Young Astronauts, as initial founding and development sponsors, the foundation has been entirely self-funded and free from any centralized control, ensuring the most ideal decentralized NFT Layer 1 ecosystem. The founding sponsors have produced and created, through media and technology solutions, a number of high profile projects and platforms across multiple mediums.
the ReserveBlock Foundation will publish its updated white paper before the launch of Mainnet.
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