At the foundation of the Nodewaves ecosystem are Nodewaves Nodes, which confirm transactions, earn daily NWS distribution, and provide governance for the blockchain. Community members can become Node NFT Owners by purchasing node licenses, which you can learn more about here: https://nodewaves.com/node

Combining Nodewaves and NWS results in Nodewaverse, which shocks or excites people into action. The Nodewaves Blockchain's native utility currency NWS, rewarded everyone who behaves morally in the ecosystem, and operate Node NFT.


## How Many NWS token Are There in Circulation?

NWS has a maximum supply of 10,000,000,000, half of which were distributed to Node NFT Owners and Others section as per our tokenomics through the Nodewaves Blockchain in the first year. Each year thereafter, the amount of NWS issued is half of the previous year’s allocation. The official start date of year-one points accrual was April 16th, 2023 at 00:00 UTC, serving as the date for annual halvings.

Once someone becomes a Node NFT Owner, they also become a member of the Node Network DGF (Distributed Governance Framework), a blockchain coordination protocol made up of Nodewaves Node Owners.