Node.sys White Paper
A self-replicating platform for the decentralized Internet of Things
Node.sys aims to create a platform for building a decentralized self-replicating Internet of Things (IoT and IIoT) based on the Cellframe blockchain. Node.sys integrates the physical world of things with Web3.
Node.sys is a platform that connects people, companies, devices, cloud computing, analytics and software into a self-replicating, decentralized factory that manufactures products both for the established Internet of Things (IoT) and for the emergent Industrial Internet of things (IIoT).
The goal of the project is to enable people, regardless of their location and at minimal cost, to implement a scalable production system. This system will facilitate the decentralized production of physical objects and devices used in everyday life and industry.
Internet of Things (Internet of Things, IoT) is a system that connects devices into a computer network and allows them to collect, analyze, process and transmit data to other entities through software applications and technical solutions.
Industrial Internet of Things (Industrial Internet of Things, IIoT) is the Internet of Things for corporate and industrial applications. It is a decentralized system that integrates machines, cloud computing, analytics and employees to increase the efficiency of industrial processes.
Introduction
The COVID-19 pandemic caused a global disruption in trade, finance, logistics, health and education systems, business and society. Previously existing supply chains of commodities, materials, and finished products have been disrupted.
Many companies have been cut off from suppliers or customers and faced increasing costs of energy, raw materials, packaging and shipping due to the energy crisis. The effects of the pandemic have affected more than 70% of global companies, some of which have been forced to close their operations, and many have significantly reduced production volumes and the number of employees.
We see a global problem of lack or inaccessibility of goods and raw materials: price rises and shortages of goods ranging from medical masks and antiseptics to microcircuits, semiconductors and hardware for everyday life. These facts indicate that the global economy was not ready for global threats like COVID-19.
After the lifting of restrictions associated with the global pandemic, part of the production, logistics and trade chains is gradually being restored. However, the risk of shortage of resources and shortage of goods still remains. Many people and companies have financial resources but lack good opportunities to buy raw materials, components and everyday goods. There are long queues and waiting lists for some types of goods.
The pandemic has exposed previously hidden problems and negative aspects that existed in the old supply chains and the global logistics system. Logistics turned out to be a vulnerable link in the global economy. As soon as these chains were broken, world production was gripped by a crisis.
The current situation has served as a springboard to find ways to restore international supply chains and develop strategies to prevent similar problems in the future.
This is how the idea of Node.sys arose — a decentralized platform for the self-sustaining Internet of things, thanks to which any supplier, manufacturer and ordinary person has the opportunity to independently provide themselves with parts and products without being dependent on global logistics.
Node.sys aims to create a decentralized blockchain network for the dynamic interaction of people and devices, streamlining the reproduction and self-reproduction of components, parts, real goods and services, and other elements of the decentralized Internet of Things (IoT and IIoT).
NYS, the Node.sys native token, is the medium of exchange for an emerging blockchain-based labor market, which acts as a decentralized factory capable of self-replication (DRepRap), as well as manufacturing all kinds of embedded devices for a custom-built Internet of Things. This includes industrial, corporate, and B2B solutions.
DRepRap (Replicating Rapid Prototyper) is a decentralized initiative to create a self-replicating 3D device that can be used for rapid prototyping and manufacturing.
This white paper will look at the features of the Node.sys system and its advantages, as well as the tokenomics model.
Advantages
Node.sys has a number of characteristics stemming from deep integration into the Cellframe Network ecosystem:
Security
Node.sys uses advanced security protocols such as post-quantum cryptography to ensure that all data stored on the platform is secure and out of the reach of intruders or hackers.
Reliability
The platform has been designed with scalability in mind so that it can handle large volumes of traffic without any downtime.
Efficiency
Instead of using cloud solutions, Node.sys services will be served by specially built energy-efficient hardware nodes in the Node.sys network. These machines will also serve to demonstrate possible solutions for future Node.sys projects.
Transparency
Fully transparent financing, plus flexibility in allocating the funds raised. Thanks to blockchain technologies, crowdfunding can be leveraged to bring to market new devices and goods produced by a decentralized factory.
Progressive management methods
As well as transparency in the distribution of responsibilities and profits, can create fundamentally new forms of business, more efficient than traditional ones.
Structure
The Node.sys system orchestrates the dynamic interaction of people, devices and software in a decentralized network.
The core element Node.sys will be a backbone hardware node. This is a ready-made hardware solution based on publicly available components, which can be self-assembled and the device case printed on a 3D printer. The hardware node processes transactions on a decentralized network and generates blocks, thus supporting the blockchain network.
In addition to processing transactions, the owner of a hardware node has the opportunity to earn income by connecting a production device and completing relevant orders. Production devices include sensors, actuators, controllers and human-machine interfaces, 3D printers, machining tools, or industrial assembly and packaging lines.
The user experience for such orders flows through a website and a mobile application. The system is backed by a community of users who, collectively, can manufacture products in volumes comparable to traditional industrial enterprises. Thanks to the high-performance services of the Cellframe ecosystem, the system is scalable while requiring no additional hardware extensions or engineering skills. These scalable, distributed services include a variety of decentralized VPNs, CDNs, file storage, and AI training. Hardware node holders can earn income by being a service provider, depending on the computing power they can offer. Processors, RAM, graphics accelerators, AI modules, hard drive space and bandwidth can all be monetized in this way.
The Cellframe network is well positioned to continue to develop and implement a variety of novel solutions in areas such as GIT repositories, virtual machine services, CI/CD services, and file storage.
Network (parachain)
Node.sys is a native network in the Cellframe Network ecosystem. All events are recorded internally on a custom blockchain with Proof-of-Stake consensus.
Validators
Validator rights are available to master node holders who provide collateral in the form of 300,000 NYS tokens. A collateral delegation mechanism is possible, where the collateral is provided by one user while the master node (validator) is implemented by another user in exchange for 50% of the staking income.
Hardware node
Validators run on Node.sys hardware solutions, which are specially designed to support the network.
Interchain interaction
For communication with other blockchains and networks, Binance Smart Chain is used by default. In the future, interaction with other networks such as Ethereum, Polygon and others will be implemented using the Cellframe bridge.
User experience and interface
Users interact with the Node.sys platform via the website, the mobile application, and the Cellframe Dashboard. The platform interface includes the following functionality:
Tokenomics
The Node.sys token has a maximum supply of 550’000’000 NYS with the following distribution:
Airdrops:
10’000’000 NYS
Team:
60’000’000 NYS
Staking:
20’000’000 NYS
Pre-Seed:
15’000’000 NYS
Advisers:
30’000’000 NYS
Hardware RnD:
25’000’000 NYS
Pre-Sale:
20’000’000 NYS
Reserves:
100’000’000 NYS
Software Development:
25’000’000 NYS
Factory Incentive:
150’000’000 NYS
Validators:
55’000’000 NYS
Marketing:
40’000’000 NYS
Max supply:
550’000’000 NYS
Total supply:
45’000’000 NYS
Burned tokens:
11'915'005 NYS
Vesting
Pre-Seed tokens are unlocked, while all subsequent rounds and distribution channels will use a token locking mechanism with a vesting period of 24 months from the start of the Pre-Sale. Gradual unlocking of tokens ensures a controlled release of tokens into free circulation, minimizing the risk of a sudden price drop.
Burning
50% of the Reserves tokens will be burned by sending to the unavailable default address 0x0 in 4 equal parts on the following dates: July 15, 2027, January 15, 2028, July 15, 2028, and January 15, 2028.
Minting
New issuances beyond the maximum supply of tokens can only be approved by a “yes” vote from the majority of current NYS holders.
The distribution of subsequent emissions can be distributed among Validators, staking programs, team payroll expenses, as well as marketing and PR expenses.
The total time window for subsequent issues is limited to a period of 10 years, after which all validator rewards and operating budgets will come from income from commissions and service fees within the network.
NYS token: use cases
Native NYS tokens on the native network are used for:
NYS tokens on other blockchains can be used for:
Conclusion
Node.sys takes decentralized IoT solutions to the next level by connecting manufacturing service providers to their customers directly. Blockchain integration with Cellframe’s post-quantum technology enables a new way to organize production chains in a new transparent, decentralized model. By cutting out the intermediaries that significantly affect the cost of a final product, Node.sys gains a major competitive advantage over traditional industrial supply chains.
Disclaimer
If you have any doubts as to what actions you should take, we recommend that you consult with your legal, financial, tax or other professional advisor(s). No part of this White Paper is to be reproduced, distributed or disseminated without including this section.
The sole purpose of this White Paper is to present tokens to potential token holders. Token holder is generally defined as a natural person residing in the relevant state or any entity organized or incorporated under the laws of the relevant state. The information in White Paper is provided for informational purposes only.
It may not be exhaustive and doesn’t imply any elements of a contractual relationship or obligations. Despite the fact that we make every effort to ensure the accuracy, up to date and relevance of any material in this White Paper, this document and materials contained herein are not professional advice and in no way constitutes the provision of professional advice of any kind.
Further, Node.sys reserves the right to modify or update this White Paper and information contained herein, at any moment and without notice. To the maximum extent permitted by any applicable laws, regulations and rules, Node.sys doesn’t guarantee and doesn’t accept legal responsibility of any nature, for any indirect, special, incidental, consequential or other losses of any kind, in tort, contract or otherwise (including but not limited to loss of revenue, income or profits, and loss of use or data), arising from or related to the accuracy, reliability, relevance or completeness of any material contained in this White Paper.
Further, Node.sys does not make or purport to make, and hereby disclaims, any representation, warranty or undertaking in any form whatsoever to any entity, person, or authority, including any representation, warranty or undertaking in relation to the truth, accuracy and completeness of any of the information set out in this White Paper. You should contact relevant independent professional advisors before relying or making any commitments or transactions based on the material published in this White Paper.
You don’t have the right and shouldn’t buy tokens if you are a citizen or resident (tax or otherwise) of any country or territory where transactions with digital tokens and/or digital currencies are prohibited or in any other manner restricted by applicable laws. Purchased tokens cannot be offered or distributed as well as cannot be resold or otherwise alienated by their holders to mentioned persons. It is your sole responsibility to establish, by consulting (if necessary) your legal, tax, accounting or other professional advisors, what requirements and limitations, if any, apply to your particular jurisdiction, and ensure that you have observed and complied with all restrictions, at your own expense and without liability to Node.sys.
Tokens NYS are not and will not be intended to constitute securities, digital currency, commodity, or any other kind of financial instrument and have not been registered under relevant securities regulations, including the securities laws of any jurisdiction in which a potential token holder is a resident.
This White Paper is not a prospectus or a proposal, and its purpose is not to serve as a securities offer or request for investments in the form of securities in any jurisdiction. However, in spite of the above, legislation of certain jurisdictions may, now or in future, recognize NYS tokens as securities.
Node.sys does not accept any liability for such recognition and\or any legal and other consequences of such recognition for potential owners of NYS tokens, nor provide any opinions or advice regarding to the acquisition, sale or other operations with NYS tokens, and the fact of the provision of this White Paper doesn’t form the basis or should not be relied upon in matters related to the conclusion of contracts or acceptance investment decisions.