BINOD Launches the World’s First Blockchain Node Sales

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BINOD Pte. Ltd. (in Singapore) is launching the world's first blockchain Node for blockchain hosting services on 1st of February 2018.

Blockchain Node is a key component of blockchain infrastructure that stores the distributed ledger data. The blockchain Node will provide a hosting service based only on BINOD's blockchain. This new blockchain service moves away from the token-centric ICO, to sales of the actual blockchain nodes to the public for revenue distribution.

Starting with the global Node sale, BINOD will provide blockchain application services for industries, businesses, and the public.

Pre-sale of 10,000 Nodes BINOD has successfully sold 10,000 blockchain Nodes worth US $50 million in pre-sales period prior to the upcoming global Node sales. Such achievement is rare for an ICO and blockchain projects, highlighting the business viability and stability of BINOD. Businesses that purchased nodes during the pre-sales period explained that their purchase decision was influenced by valuing BINOD’s global node sales and business vision potentials in the context of building blockchain infrastructures for the success of blockchain industry. The Node is available for purchase by anyone, and Node owners will receive profits from BINOD’s services 40% of revenue generated by the BINOD's blockchain hosting service is distributed to Node owners based on Node ownership rate. BINOD plans to launch Node trade starting in the third quarter of 2019, and owners can trade their own nodes after the third quarter of 2019. BINOD declares that it will be an enabler of blockchain servitization. BINOD emphasizes that blockchain technology is not only an evolutionary technology of financial system, but also an innovative infrastructure technology that will change the future of society. BINOD's blockchain infrastructure will become a real asset as a trust-based infrastructure. Much like how the Web and the Internet have become more accessible, blockchain should also be easily accessible for businesses and the public. To do so, BINOD plans to grow into an enabler that realizes blockchain servitization. Kim Seung-Jin, Managing Director of BINOD said BINOD was founded in Singapore, hoping to support Singapore's corporate environment and blockchain technology. In addition, the pre-sale performance is an evidence that BINOD's technology and business vision are being properly evaluated. More information on BINOD's global node sales will be available on February 1, 2018 at https://nodesale.binod.co

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