Who Can Participate in Operating a Node Key NFT

OWNCHAIN invites all enthusiasts who share in the Ownly vision to participate by operating a Node Key NFT. Getting started is straightforward: simply download the required software, install it, and set it running. To be eligible for rewards, individuals must acquire at least one Node Key NFT. Reward claims are subject to a KYC verification process to ensure compliance with two key criteria: a) participants are not located in the USA, and b) they are not on any OFAC sanctions list. For those unsure about OFAC sanctions status, the OFAC website provides the necessary information. The KYC process is facilitated by Blockpass, a trusted entity used by leading blockchain projects such as Polygon, Chainlink, Cardano, and Animoca, among others.

Before purchasing a Node Key NFT, it's crucial for participants to verify that their participation aligns with local legal requirements.

It's important to note that Node Key NFTs require ongoing maintenance to accrue rewards. This includes ensuring that the nodes are adequately funded for transaction fees and are kept online and operational.