Program Overview

The NATIX "Network Laps" is an exciting rewards campaign that rewards its community for collective accomplishments.

  • Participants can be eligible for Network Laps rewards by using Drive& to map the world and by climbing the Galxe leaderboard.
  • The top 3000 drivers based on monthly kilometers driven (worldwide) get their KMs added to their Driver Card, and the top 3000 on the monthly Galxe leaderboard get their XP added to their Galxe Card. 
  • If you own a Driver Card and/or Galxe Card you qualify for rewards! Stay consistently active each month to earn more.
  • The top 90% of Driver Cards based on KMs and the top 90% of Galxe Cards based on XP will earn rewards proportionally to the contribution.
  • When a Network Lap is reached, the total reward is distributed 50-50 among Drive& and Galxe users. Stay consistent in both to get two pieces of the pie!
  • All users (including Galxe users) need to have the Drive& app installed and registered to take part in Network Laps. 


NATIX "Network Laps" Rewards Campaign Details
Program NATIX “Network Laps” Rewards Campaign
Eligibility Certain jurisdictional limitations apply (i.e. users must be non-U.S./Canada and OFAC compliant), as outlined here.
Participation Limit Unlimited
Timeline Until 100 million kilometers are mapped, expected in June - July, 2024. 
Allocated Rewards Up to 1,000,000,000 NATIX tokens (1.0% of the token supply). All rewards will be distributed by NATIX after 100 million KMs are mapped by the network. 
Rewards Campaign FAQ NATIX “Network Laps” Rewards Campaign FAQ

Rewards

A total reward pool of up to 1,000,000,000 NATIX tokens, representing 1.0% of the total token supply, has been allocated for the “Network Laps” rewards campaign participants. NATIX has designed a dynamic rewards system that tracks participants’ activities, ensuring that rewards are allocated to the most valuable community contributors based on their own efforts. The reward amount increases proportionally with the accumulation of kilometers or XP on users’ Galxe Card.

In-app NATIX will be exchangeable to the on-chain NATIX token at a 1:1 ratio, and withdrawn following a 30-day cooldown period or withdrawn immediately with a 30% instant withdrawal fee. The instant withdrawal token fees will be burned to support the long-term incentives of the network.

NATIX Token Utility:

  1. Inside (Drive&) app utilities:
    • Premium Drive& features (parking, safety alerts, etc.)
    • Exclusive marketplace offers
    • Gamification boosters
  2. Staking: earn NATIX by staking (and participating in network governance) and access in-app premium features
  3. Validator Nodes: NATIX data validator nodes (i.e. xNodes) require long-term NATIX staking (operates as a bonding mechanism against malicious activities) - xNodes who stake the most NATIX will control those slots.
  4. Voting power for system governance: token holders can vote on larger decisions. 

Note: the network’s data is monetized in stable/fiat currencies and the revenue goes to stakers and the reward pool. This will also reduce barriers for data consumers.

Participation & Eligibility Criteria

Drive& App Users: Drive& is an application that aims to change our driving experience. To best represent network contribution, rewards will be determined by the cumulative KMs driven with the app. The top 3000 active users, as determined by monthly KMs driven, will accumulate KMs on their Driver Card. 

  • Download the Drive& app
  • Create an account
  • Use code "CoinList” for a registration bonus of 35k points + 35k points after the first drive
  • Drive using Drive& and be top 3000 in KMs driven every month
  • Accumulate KMs each month to earn more
  • Stay among the top 90% of Driver Card holders to earn rewards
Galxe Users: For those who don’t drive around in a frenzy, we made sure to include NATIX Network's Galxe as an alternative way to participate in the Network Laps. Galxe is a community platform where users can complete social missions to earn XP and climb the leaderboard. The top 3000 of the monthly leaderboard will accumulate XP on their Galxe Card. 

  • Create a Galxe account
  • Complete Galxe missions to earn XP and be top 3000 on the monthly leaderboard
  • Accumulate XP each month to earn more
  • Stay among the top 90% of Driver Card holders to earn rewards

Notes:

  • Make sure to Download the Drive& app & create an account using your Galxe account email (for the reward).
  • Certain jurisdictional limitations apply (i.e. users must be non-U.S./Canada and OFAC compliant), as outlined here. 

Driver & Galxe Card


Active users will be able to see their total KMs accumulated with Drive& and total Galxe XP accumulated on their Driver Card and Galxe Card. The cards are automatically generated and updated on the first week of each month to represent KMs driven and Galxe XP earned towards the reward.

Users who participate through both Drive& and Galxe will have a Driver Card and a Galxe Card.

Timeline

Network Laps is a milestone-based rewards campaign. Natix is currently at 18 Million KMs driven, averaging over 300K KMs a day and growing. The first Network Lap is set at 100 Million KMs driven. After the Network Lap is reached and the rewards have been distributed, Driver Cards and Galxe Cards are reset. Then, a new and upgraded Network Lap – offering new rewards – will start again.

About NATIX Network

About: NATIX Network is building an open geospatial intelligence network by utilizing proprietary AI technology and 45 billion existing cameras. Combining computer vision AI with smartphone cameras to map the environment while properly rewarding its users for the shared data, is a viable solution to crowdsourcing geospatial data. 

Product: NATIX’s flagship product “Drive&” uses driver assistant apps (e.g. dashcam and navigation), token incentives, computer vision AI, and smartphone cameras to crowdsource real-time data creating an open geospatial Intelligence network that rewards users for contributing. 

Traction: With over 69k registered drivers and over 18. million km covered in only 11 months, NATIX is one of the fastest-growing DePIN networks globally. NATIX Network was the 5th fastest-growing DePIN in 2023 (according to Messari’s state of DePIN report), and is the intersection between DePIN, AI, and Gaming.


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