Minutes Network Token - Live Update

Welcome to the Minutes Network Token Communications event. My name is Matthew Woltz and I'll be hosting the event. Today we have an important update for the MNTX community and leading the event is Mark Savass, the head of Minutes Network Token. Mark will be covering the latest update on MNTX, including token performance, the extension of the early node staking rewards program and the launch of the Web3 hyperscading program. He will also explain how these announcements connect with the Minutes Network hyperscaling strategy and how the community can participate in providing the capacity and capital needed to drive more traffic into the network. This is there is a great deal to cover. So let's get straight into today's update. Mark, over to you. Thank you, Matthew. Thank you for everyone for joining tonight. So before we get into today's announcements, I want to start with the subject that matters most to the community token performance. The MNTX model is built around real network activity. More Minutes Network traffic creates more work for Switzerland's evaluation nodes. Witsing with Token creates more deep in surface fee revenue and more utility across the MNTX ecosystem. The infrastructure is in place but the volumes are revenue reaching the node economy have taken a bit longer to build than originally expected. That's the reality and we want to address it directly. The MNTX team has been working on plans to improve the position by helping accelerate the real business underneath it. Minutes Network is now introduced hyperscaling phase designed to unlock larger traffic commitments and significantly more will still volume for the network. Today we have two announcements that are directly connected to that strategy. So first announcements, we are extending the early node stake in large program by a further 12 months, recognizing that the commercial traffic is still growing towards the company's goals. And giving the node community continuous support for Minutes Network hyperscaling starts to scale. The second announcement following Minutes Network launch of the accelerator program for the telecoms community. MNTX has launched a web tree hyperscale program for our community. This gives MNTX participants a direct opportunity to drive more traffic into the network. These are not two disconnected announcements. They are part of the two parts of the same plan. Drive more traffic to the infrastructure that has been here from the beginning and give the community a direct way to support and accelerate the activity that infrastructure was built for. So let's start with the node community. Our Swiss and validation node hold us committed early. They provide the infrastructure for commercial volumes that continue to build. We do not believe the right response is simply to let the early node reward program end just as the network is entering his hyperscaling phase. So instead we are extending it by 12 months. So from December 2026 through November 2027, Swiss and validation nodes will continue to receive early node safety words as the second the same. However, once revenue or users research certain milestone, the remaining allocated tokens will be burned instead of getting pushed out. These the segments will be communicated later. The original program allocated 37.5 million mtx for over a period of 24 months. The extension requires an additional 18.75 million mtx. So this 18.75 million comes entirely from the existing appropriate education. So what is happening right? So the early node safety words is going from 37.5 million to 56.25 million mtx. The network expense pool is decreasing for 177.5 million to 188.75 million mtx. And of course the total mx2i is between 5 million minus the burn. So no new mtx is being created for this extension. And the supply capacity of mtx will remain unchanged at all times apart from of course the tokens that are being burned. No action is required from node of the same rules and existing monthly distribution process continue. So regarding this update in the event of course there will be an update to economics and white paper available on the website. In the context of net program, it is also important to highlight the discipline we have maintained around token emissions. No team allocation tokens have been minted today. In fact outside the early node safety words and the tokens tied to the unit word nodes. The only mtx issue has been to has been tokens contractee allocated to a small number of original advisors. We are now approximately two years into the five years emission program. While we have no attention on setting team tokens, we expect to gain the scheduled team allocation process from June 20, 20, 27. No mtx from operational fund or network expansion allocation has ever been sold. And additional early node rewards are being funded from re-allocation of existing reserve and it is not an increase in the total supply. So why are we doing this? Well this is because you want to watch timeline to better reflect the commercial ramp of the net. In the circuit arrived, the traffic is growing and the standard program gives that traffic more time to build while continue to recognize the node orders which reported the net from the very beginning. This extension is deliberately designed to bridge the own ramp of new traffic while minus network hyperscending kicks in. And more importantly, the extension is not the words there. You want stronger node economics and stronger empty actually that that's always been the aim. So this brings us to the announcement number two. It was the hyperscending. So we have spent a lot of effort building the pieces. Now the opportunity is to start putting those pieces to work at the March greater scale. Minus network built the telecommunications capability, T1 relationships, the internet route, the lives of the infrastructure, Jingle, the greatest app and the ability to care serious wholesale voice volume. At the same time, NGX has built a web tree infrastructure, including Swiss nodes, validation nodes, staking and a wider token ecosystem. So the strategy is there, the infrastructure is there and the reception relationships are there. Now it's time to leverage them. Both telecommunications is an essence of volume business and to access large volumes at better prices, need buying power. And that is where hyperscaling comes in. We are extending the opportunities of MTH node and tokens that directly participate in hyperscaling. The own capacity and benefit from the accelerator growth for Minus network ecosystem. It gives MTH holders the chance to benefit from traditional traffic and drive the performance of the MTH node economy. And that's also where the community can claim. So only the best thing in fuel economics. You can do this by owning a port. Ownership is represented by an NFT of a theory. Then NFT can be held, transferred or sold and arises associated with the port moving that ownership. But this attention is very important. So the NFT is not the product of asset. The product of the efforts is the telecon capacity. So the NFT is simply the only record of who owns it. Traffic is basically the MTH. This is where the strategy becomes especially interesting. Minus network is the telco engine. It creates and carries the real world telecom traffic. And MTH provides the decent-like telecom location infrastructure. And the traffic is the bridge between the two. The additional volume unlocked for hyperscaling creates an additional telecom activity that's going to interact with MTH infrastructure and generate even more deepened services for the node economy. So this generally works with three earning cycles. The Minus network's T1 customers work on a 120-day payment cycle. So that makes Ghana in the straightforward process. So first, the capital is deployed to access high volume telecom traffic, especially volume-based roads. Then the capacity carries the minutes. And at the end of the 120-day commercial cycle, the earnings are settled and the capital can go back to work again. So the 120-day cycle schedule is approximately three traffic turns per year. So for the current Pakistan and the patient level come down to the following. So it's $700 for one board. That comes with 500 minutes of daily capacity, which has projected is $170 every 120 days. As they have three cycles, that will come out to $520 projected per year. So that is roughly 30% projected and analyzed. And the word projected here matters a lot. These economics come from real, volatile telecom traffic. Karlskariot, Minus Terminated, and commercial cycles completed. Actually, earnings depend on the traffic carrier and underlying telecom rates. And that's why this model is different. There's a major business underneath the economics and that business is telecoms. At the end of each cycle, the older can choose how to receive the earnings. That can be in USC or METX. The current set also allows METX received under the longer term option to participate in staking through METX sweets and validation notes during the long period. So the proposition becomes Pakistan first and then we scale. Pakistan is the first major deployment. Minus Network is working through its licensed LDI relationship with WorldCon. It's a great access to capacity up to 4 million minutes per day. The first high-pest canary education is 1000 boards. I have of each board 500 minutes per day. So that gives us 500,000 minutes of daily high-pest canary capacity in the first education alone. And that's just the beginning. In Pakistan, those 500,000 minutes represent only around 12.5% of the potential volume available as. So even with in Pakistan, with the current set up, and this is merely merely on the volume. The margins are set to increase half the volume increase. The margin is going to increase because you get a better rate. And even more importantly, every increase is jingle and points in the country. So over time, the margin is massive increasing especially with this part. The plan is to extend further into Pakistan and then bring additional high-volume internet-to-destinations into the hyperscating program. Our wealth minus networks existing and ongoing major-fail-evilter-taking place. And as much more common, we expect to announce a significant partnership in the common period. While we also see the launch of the MNCXD app. This will also activate the color and color, we watch, and adding another layer of real utility to the MNCX ecosystem. And that brings us back where it all started. We have invested behind this strategy, we've built the capabilities, Minus network has the telecom engine, and this has the decentralized infrastructure. And none of this happens where our community has supported us from the beginning. So thank you for building this, staying with us, and being part of the journey as we move into this neck-faced together. Thank you. Thank you, Mark. A lot has been covered today from the extension of the early-node staking rewards program through to the launch of the Web3 hyperscaling program. As we know, ultimately, every minute counts. So thank you for joining us today, and we look forward to the next MNCX event in which I understand from the token team that multiple announcements are due to take place, consisting of new partnership, live events, and more. So until next time, every minute counts, and thank you again, community.