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How To Participate in the TikTrix Node Sale: A Step-by-Step Guide

7 mins
Updated by May Woods
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TikTrix is a gaming platform that hosts the newest wave of casual games. Users can acquire a node to help bootstrap the ecosystem and potentially benefit themselves at the same time. Here is a complete guide on how to participate in the TikTrix node sale.

KEY TAKEAWAYS
➤ To buy a Meer node, users need to set up a wallet, add cryptocurrency, and purchase the node through the TikTrix website.
➤ Meer nodes are essential for processing and managing game data within the TikTrix ecosystem.
➤ The node sale uses a progressive pricing model, starting at $500.
➤ Running a Meer node requires a computer with specific hardware capabilities and a stable internet connection.

How to buy a Meer node

To purchase a TikTrix Meer node, you must follow a few simple steps:

  1. Set up a wallet.
  2. Add crypto to your wallet.
  3. Purchase the Meer node.

Here’s the process in a little more detail.

Step 1: Setup a wallet

For this step, you can use any ERC-20-compatible wallet. We will use the MetaMask wallet for our demonstration.

1. Go to the MetaMask website: Go to the MetaMask website or equivalent website to download the wallet.

set up a wallet

2. Create a new wallet: Follow the provided instructions to set up your new wallet. This will include setting up any passwords, storing your private key, or recording your seed phrase. 

Do not share your password, seed phrase, or private key with anyone.

buy tiktrix node set up metamask

3. Secure your wallet: You will have to confirm your seed phrase to finish setting up your wallet. Safely store your seed phrase and private key somewhere safe after completion.

account recovery

Step 2: Add crypto to your wallet

You will need crypto to purchase your Meer node. TikTrix accepts four different cryptocurrencies for payment:

  • USDC (ETH ERC-20)
  • USDT (ETH ERC-20)
  • Ether (ETH)
  • Gala (GALA)

You will have to select an exchange to purchase crypto. Luckily, the forms of payment for Meer nodes are supported on most exchanges. We will use MoonPay for our demonstration.

1. Go to the exchange: You can make purchases on the exchange through the website or the mobile app. On the website, scroll down and select “Buy Crypto.”

add crypto to wallet

2. Create your order: On the right side of the page, select the crypto (USDC, USDT, ETH, or GALA) and press continue.

buy bitcoin

3. Complete your order: MoonPay will require your email address, wallet address, and some personal information for KYC. After you have completed these steps, the crypto should show up at the address you provided.

Step 3: Purchase a Meer node

Once you have a wallet and some crypto to make your purchase, you can proceed to the last step, which is purchasing the Meer node.

1. Navigate to the website: Go to the TikTrix website to begin your node purchase.

purchase a meer node

2. Connect your wallet: In the top right-hand corner, press “Connect Wallet.” The website should automatically detect your wallet if it is compatible.

how to buy a tiktrix node - meer node

3. Select your payment method: After your wallet is connected, scroll down, and on the right side of the screen, you will see a section to select your payment method. 

step 3

After you complete your purchase, you will receive a node license in the form of an ERC-1155 NFT token

What is a Meer node?

Meer nodes manage the processing, storage, and reward distribution of game data from the TikTrix ecosystem. 

TikTrix is a web3 hub that brings social media, gaming, and community management together.

The platform combines short-form content with aspects of casual gaming, offers HTML5 gaming for optimized experiences, and has a play-to-earn (P2E) model.

The node sale began on Dec. 20, 2024. The sale has a progressive pricing model, starting at about $500 and increasing by $100 for each round. To purchase a single node for the first round, you will need about $500 worth of crypto. 

After the first 6,000 nodes are sold, the price will increase by $100 for every additional 200 nodes sold until 7,000 nodes are reached.

After 7,000 nodes are sold, the price will increase by $100 for every 100 nodes sold. This will continue until the maximum price is reached, which is $5,000 per node. 

The price will no longer increase after this. Additionally, nodes are locked for 50 days after the launch. 

Lastly, on the actual node sale, referrals will receive a 5% discount on their node purchase. Referrers receive tokens for each referral they make. Referrers earn 7% for direct referrals and an additional 3% for each referral brought in by those who they refer.

Node requirements

Meer nodes are the lynchpin to this hub of games and users. There are a few primary key activities that the node must maintain:

  • Subscribe to data from the message server and process it.
  • Manage the storage, organization, and retrieval of data from IPFS.
  • Calculate and distribute rewards based on users’ activities. 
  • Store data locally for quick retrieval and management.

If you decide to run a node, your machine must have the following requirements:

  • A CPU with two or more cores
  • At least 4 GB of RAM
  • Minimum of 60 GB of storage
  • Windows, MAC, or Linux (64-bit) operating systems

Needless to say, you must also have a stable internet connection. Node providers should keep in mind that as the platform grows, these requirements may change over time.

How does it work?

Unlike many node sales, Meer node licenses are transferable. Node operators receive payment from transaction fees in the form of TRIX tokens. This is the native token of the TikTrix ecosystem. 

Furthermore, the platform utilizes blockchain-based transactions and the reward system through its Chain Relay API and Meer Chain, a layer-3 blockchain.

When users participate in gameplay or challenges, TikTrix processes the activities and records them on the blockchain. The data is collected through a server, processed, and recorded on IPFS. Reward requests are sent to the Meer chain through the relay API, processed, and distributed to users.

meer node components
Meer node components: TikTrix

What to know about node sales 

Node sales are a funding mechanism similar to ICOs or liquidity mining in that they generate capital for a project or business. However, the big draw is not in the funding but in how they navigate regulatory risk.

Depending on the jurisdiction, ICOs, liquidity mining, presales, or other funding mechanisms could be viewed as security offerings. 

With node sales, users download software and technically generate the capital they receive themselves rather than having it given to them.

Pros and cons of node sales

ProsCons
The more nodes, the more profitThere may still be some regulatory risk
Generate your own incomeMust break even
The potential upside can be great

As stated previously, node sales may offer some legal protections vs. other funding mechanisms, but this entirely depends on the jurisdiction. Therefore, there is still some uncertainty as to how viable they are to combat regulatory scrutiny.

Furthermore, most node sales have a progressive pricing structure. This means the earlier you are, the cheaper the nodes. Conversely, the longer you wait to purchase a node after its launch, the less it makes sense to participate.

On top of this, node sales may be paid out in transaction fees, gas fees, or a coin based in a native crypto. 

To put it simply, if the token or coin that you are paid with does not significantly appreciate in price, then the cost to purchase and run a node may not allow you to break even.

For example, the chart below compares the return on investment (ROI) between the token sale model vs. the node sale model in 2024. According to the research, node sales participants’ ROI was much lower and broke even much later than token sales.

buying a node investor ROI
Node investor ROI: X

The early Meer catches the worm

Meer nodes are the backbone of the TikTrix gaming hub. They not only process transactions, but they are in charge of storing and retrieving data and distributing rewards. Node operators can receive rewards in the form of the native token, TRIX. 

If you are interested in running a TikTrix Meer node, you should keep in mind that the earlier you participate, the better. As always, do your own research and invest responsibly. 

Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always do your own research. Buying a node does not guarantee you will make a profit. Moreover, TikTrix is a young ecosystem and its longevity in a competitive web3 ecosystem has not been tested. As always, never invest more than you can afford to lose.

Frequently asked questions

 What is TikTrix?

How does TikTrix’s swipe feature work?

What makes TikTrix different from traditional gaming platforms?

How do TikTrix Meer Nodes work?

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Ryan Glenn
Ryan Glenn is a journalist, writer, and author. Ryan is motivated to educate as many people as possible on the benefits of web3 and cryptocurrency. He has authored “The Best Book for Learning Cryptocurrency,” and runs an educational platform, web3school.us, dedicated to demystifying the crypto space. Ryan built the platform to transition tech-savvy and non-tech individuals into crypto and give everyone a baseline understanding of the different fields in the cryptosphere. Ryan is also an...
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