Each token sale on their launchpad depends on community engagement. Participation increases token sale success. Either using their own tier NFT or renting one from someone else in the community. Janus Network Token Launchpad each token sale on their launchpad

NFT Tiers

Users can acquire a tier NFT through our platform, which gives them access to token sales. They can choose to either use their own tier NFT or rent one from another user in the community. Renting a tier NFT allows users who may not have one or who may not want to use their own, to still participate in token sales.

Rentable NFT Tiers

The process for participating in a token sale is simple. Users who have a tier NFT can use it to directly participate in the sale. Those who wish to rent a tier NFT can browse the available options on our platform, and then rent the desired tier NFT from the owner. The owner sets the rental price in $JNS, $AVAX.. and the user can agree to the terms before renting the tier NFT.

Their launchpad is built on a smart contract that ensures the security and transparency of the token sale process. The contract holds the tokens until the sale is complete, at which point the tokens are distributed to the participants.

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Janus Network Validator Program Rules validators are crucial to the system’s security since they verify and record transactions on the distributed ledger (blockchain). Validators also participate in governance decisions by voting on proposals that impact the network. To become a validator on the Janus Network, users need to meet specific requirements.

Minimum JNS Stake

To become a validator, users must stake a minimum of 15,000 JNS tokens. Staking is a process where users lock up their JNS tokens as collateral, which helps to secure the network. The more JNS tokens a user stakes, the higher their chances of becoming a validator.

Lock Time

To ensure the stability and security of the network, validators are required to lock their stake for a minimum of 2 months. During this time, validators cannot withdraw their stake or transfer their JNS tokens.

Fee Pool Distribution

The Janus Network fee pool collects a percentage of transaction fees. 

• Validators share 40% of the fee pool according on their JNS holdings.
• 20% of the fee pool goes to ecosystem growth, including new Janus Network features and apps.
• Validators’ JNS stakes determine their 40% fee pool share.

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Janus Network will leverage the strengths of SparqNet’s infrastructure:superb network speed (of up to 400k TPS), scalability, composability, language-agnosticism and cross-chain bridging.

SparqNet will also lower the cost of validating Janus Network without a web2 provider like GCP, AWS, or Azure. Janus Network Parnership with SparqNet

About SparqNet

Sparqnet is an SDK toolchain that acts as a protocol and allows users to build scalable fast blockchain infrastructure in C++ without relying on any VM, thus erasing the EVM dependency and granting total freedom to both web2 and web3 builders.

Your blockchain is one Sparq away blockchain as a Service made easy! Don’t be limited by EVM and deploy  your own blockchain win a fully decentralized network.

Website | Twitter

About Janus Network

Janus Network is a private blockchain for gaming and defi applications that leverages Avalanche Network’s existing infrastructure. With the increasing number of subnets, it becomes a necessity for Subnet projects to communicate with each other. Janus Network is a solution that combines NFTs in subnets into a single subnet, enabling the buy, sell, management and NFT dex(NYX Protocol).

Website | Twitter

SOURCE: https://janusnetwork.medium.com/janus-network-x-sparqnet-partnership-eeb1196b27a5

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They want to make it available to additional NFT initiatives after the beta testing is complete. The period will end then. Janus NFT Stake System, NFT staking provides one such opportunity for NFT users to make an extra passive income without losing the ownership of their NFT collectibles.

All NFT initiatives are welcome to join the Janus Network ecosystem for NFT staking. The NFT staking service is currently in beta and will go to the public soon.

What is NFT Staking?

It refers to locking your digital assets in a decentralized finance platform. In effect, it fetches rewards to the NFT holders based on three major criteria including Annual percentage yield, staking period, and the number of NFTs kept at stake.

How to earn passive income from NFT Staking?

You can earn passive income by staking nonfungible tokens on a compatible staking platform. This can be valuable, especially for the long-term NFT holders or HODLers, which is a usual case with NFT collectors. They can lock their NFT collections for earning passive income, instead of holding them in a crypto wallet.

To test it, you can buy a Janus NFT Stake Ticket from the Kalao Marketplace and earn xJNS by testing it. NFT tickets are listed at 0.01 AVAX at Kalao and you can earn xJNS for 5 days by staking in the pool

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