What is a GSI Master Node?

A GSI Node is similar to a little computer or computer.  The 'nodes' all talk to each other and support  the 'meshed network' which the GSI-Coin operates across.

Our GSI-Coin will be released to market via the GSI Nodes. So node owners will automatically receive GSI Coin as a reward for supporting the network and owning a GSI Node.

These rewards can become your passive yield.

What is the difference between a GSI NFT and a GSI Master Node?

The GSI NFT is a GSI NFT Licence to operate a GSI Master Node.

You can not operate the Master Node without the NFT licence as the Master Node is 'attached' to the NFT.

In this sense, they are 'the same'.

When you buy a node - you are actually buying the NFT Licence to operate the Node. So we refer to the two interchangeably.

A GSI NFT Licence Holder / Node Owner receives a share in the 13.6 million $GSI distributed each day.

What is Required to Operate a GSI Node?

Nothing!
At the moment, operating the nodes is not required.

Our team is diligently developing the infrastructure for future node operation, though a precise launch timeline remains undefined.  When we do require the nodes to be operating we anticipate low and cost-effective hardware requirements for node functionality.

If we consider operating a node in three stages, we are at Stage 1. Stage 2 and Stage 3 will be assessed and determined as the project grows and scales.

Stage 1 - no requirement to run nodes and full reward allocations Stage 2 - gradual deployment of work load to the nodes, and some node operational function
Stage 3 - network growth and scaling will require node operation

How much will a Master Node Cost?

Join our project early, and reap the benefits of preferential pricing as a node owner!

We've structured our pricing to reward the earliest supporters: the sooner you secure your node, the more economical your support.

Nodes are unveiled in batches of 200 and come with a linear pricing model. With each fully claimed batch, the entry price for the subsequent batch is pegged at a $100 USD premium over the last.  

Your earlier participation not only affords you cost advantages but also fosters the robust growth of our venture.

What token do I use to buy a Node?

Nodes can be bought using AVAX USDC.

Before connecting your wallet to our dApp, make sure you have enough:
- AVAX for gas fees; and
- USDC to purchase your nodes.

What is the number of Nodes available?

As a strictly limited ecosystem, the GSI network will only ever incorporate 50,000 nodes.  

This intentional cap provides the optimal number of nodes to power a global network and ensures that each node represents a vital and valued component of our robust, interconnected marketplace

How will I be Rewarded?

Daily, a release of over 13,000,000 coins are released to market via our node network. Being a node owner, you automatically receive daily tokens.  

A strategic distribution is in place: 50% is retained by GSI to facilitate the seamless operation of our systems and platform. Simultaneously, the remaining 50% is dispersed equally amongst all node owners.

As a node owner, you are entitled to a daily dose of rewards – an equal share of approximately 6.8m tokens, shared with your fellow node contributors. These rewards are directly deposited to your wallet, filling your cryptocurrency portfolio and embedding your integral role within our evolving ecosystem

What can I do with my Coins?

Option 1:  Hold Them and Prosper
Opt to hold your GSI-Coin, anticipating a surge in its value over time. Safeguard your coins, and when the time ripens, harness its value at your discretion.

Option 2:  Spend them in the GarageSaleIt Marketplace
GarageSaleIt will fully integrate GSI-Coin as an acceptable payment currency and payment option. This will enable GSI-Coin holders (and node owners) to safely transact on GarageSaleIt with GSI-Coin

Option 3:  Convert and Cash Out
GSI-Coin will be tradable on key cryptocurrency exchanges. This will enable coin holders to cash out their GSI-Coin value back into 'normal' local currency of your choosing.Remember, once you have purchased your node(s), as a node owner, you receive a daily token allocation as a reward for your support.

Option 4: 'Stake' your GSI in our HODL Lottery
Use your GSI tokens to buy a ticket in the weekly HODL Lottery.
Each week 115 tickets are randomly selected to win GSI tokens.
- 5 winners each receive 200,000 GSI tokens
- 10 winners each receive 100,000 GSI tokens
- 100 winners each receive 10,000 GSI tokens
Tickets can be withdrawn at any time for a full return of GSI tokens used to enter the lottery.

Are Nodes an Investment?

No.
Our nodes are not intended as an investment.  The nodes are a means to support the GSI eco-system and the drive to create a new ground breaking way of conducting ecommerce trade.

Can this Information Change?

Yes.
While we navigate with a well-articulated strategy, expansive market plans, and clear road maps, it's vital to acknowledge that all details may shift at GSI's discretion, mirroring the ebb and flow of any vibrant business.

It's imperative to underline that acquiring a GSI Node should not be perceived as an investment in GarageSaleIt nor should a purchaser ever consider the potential for return when buying one.

GarageSaleIt reserves the right to modify the entire reward structure should it not function as envisioned, ensuring adaptive and strategic response to any emerging scenarios.