The $KAGE Token
Kage Network’s native $KAGE token will sit at the center of its privacy-focused online economy.
The key utility of the $KAGE token will be as follows:
Rewarding Node Operators: When third parties use this decentralized storage network, they pay for the service using our native cryptocurrency token, $KAGE. A share of the profits is then distributed to node operators as a reward for their participation.
Paying For Kage VPN Router Subscription & Kage Network Subscriptions: Subscriptions for the Kage VPN Router and the Kage Decentralized Private Storage Network must be paid in $KAGE tokens. This is done in order to attract a base of decentralization-minded customers who are likely to participate in offering their Routers as nodes in the Decentralized Private Storage Network.
Profit Share: $KAGE holders who stake their tokens will receive a share of Kage Network profits, including:
a) 80% share of VPN Router subscription profits
b) 40% share of profits from the Decentralized Private Data Storage Network Subscriptions
Profits will be divided proportionally based on the amount of $KAGE that has been staked over a given period time (eg those who stake for 3 months, will get a proportional share of relevant revenues accumulated in the first 3 months)
Free or Discounted Routers: Holders with a threshold amount of staked $KAGE tokens may have the opportunity to receive a free or discounted VPN Router
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