Script Network launches node sales program and token burn plan

ChainCatcher news, Script Network announced the launch of node sales on December 5, 2024, and the opening of sales for Lighting Nodes on Node-X. This node can earn a total of 20% of SPAY tokens to expand its decentralized video streaming infrastructure, further promoting the decentralization and scalability of the network. The node sales plan aims to attract global users to participate and support the development of the network while providing community members with the opportunity to earn rewards by running nodes.

Script Network also announced a three-year token burn plan. This plan will burn 3 million SCPT tokens quarterly, totaling 72 million tokens, which represents a significant proportion of the total token supply. This plan is expected to enhance the scarcity of SCPT and increase the token's appeal to investors and users.

It is reported that Script Network is an innovative platform focused on decentralized video services, with a cumulative playback duration exceeding 100 million minutes.