Myria is a blockchain gaming ecosystem, focusing on digital assets and blockchain gaming. It functions as a blockchain gaming platform, integrating necessary applications, tools, and features for developers and players. The platform uses a node system, with node operators receiving NFTs and token rewards. Myria, utilizing its Ethereum layer 2 scaling solution, aims to provide a reliable, scalable, and secure environment for both developers and players in the blockchain gaming industry.
What Is A Myria Node?
Myria nodes play a vital role in running a decentralized and secure network, enabling the growth of the ecosystem. These nodes are responsible for facilitating the circulation of the Myria token ($MYRIA) and other in-game tokens in the market. It’s important to note that there is a limit of 40,000 nodes. Operators of these nodes will actively contribute to the expansion of the Myria ecosystem.
Benefits of operating a Myria node:
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- Daily $MYRIA distributions on a point system basis (1 node = 1 point)
- Random drops of exclusive NFTs which can be used in Myria’s game ecosystem
- Governance rights
How To Run A Node
For those interested in operating a node, there are two primary methods available: utilizing a virtual private server (VPS) service or running the Myria software directly on a personal computer.
While both methods have their merits, using a VPS service is recommended as tends to provide a more reliable experience, ensuring that the software runs smoothly and consistently.
To this end, we have established a partnership with NerdNode, a comprehensive node service, ensuring that your nodes are consistently operational. Signing up today will grant you a free first month of service.
If you prefer to run the software on your computer please refer to Myria’s Node Guide.
How To Buy A Node
Nodes are priced in $MYRIA and the price increases over time as more are sold. Pricing can be found here.
- Purchase $MYRIA from a cryptocurrency exchange such as OKX.
- Transfer your $MYRIA tokens from the exhange and into your Metamask wallet.
- Visit the Myria platform, create an account and wallet. Ensure you have enough ETH to cover transaction gas fees.
- Deposit the $MYRIA tokens in your Myria wallet.
- Purchase a node using your $MYRIA tokens.
- Navigate to the Myria node dashboard, sign up at NerdNode, and provide your API Key.
Reward Distribution
Every day, 12,328,767 $MYRIA tokens are allocated among node owners for a single cycle.
To qualify for their share of this distribution, Myria node operators are required to run their nodes for at least 6 hours each day. Upon fulfilling this requirement, operators earn node distribution points – each licensed node earns one point.
The daily $MYRIA distribution for each node is contingent on the total number of nodes operating within a single cycle. If more nodes are active, each node receives a smaller share of the $MYRIA distribution. Conversely, if fewer nodes are active, each node receives a larger share. Thus, the daily $MYRIA distribution per node is inversely proportional to the total number of nodes operating within the cycle.
Example: 12,328,767 $MYRIA (Total myria 1x cycle) / 5000 (nodes running 1x cycle) = 2,465.7534 $MYRIA (per node license).
