Frequently Asked Questions

Here are some of the frequently asked questions. If these are not one of your question then contact us.

A node is simply a connection point in a network that performs a specific function. Think of a group chat—each participant’s phone acts as a node, sending, receiving, and processing messages. In the blockchain world, a node refers to a computer that supports the network by verifying transactions and storing data. Some nodes function solely as observers, while others actively validate transactions and help secure the system.

Within G-Wallet, nodes play a crucial role in facilitating the communication and transfer of data, ensuring smooth and secure transactions.

A smart contract is like a digital assistant that automatically follows preset rules and executes actions without human intervention. Think of a vending machine—you insert money, select an item, and the machine dispenses your snack, all without a cashier. A smart contract works similarly, but for digital agreements. It’s a self-executing program on a blockchain that operates based on predefined conditions. When specific triggers occur—such as receiving payment—it automatically carries out tasks like transferring funds, unlocking digital assets, or verifying ownership, ensuring a secure and trustless process.

Nodes in the G-Wallet ecosystem function through smart contracts, which are integrated with NFTs. These nodes are assigned to their owners' G-Wallets, where they play a key role in network operations and rewards distribution. The G-Wallet ecosystem consists of five distinct node types, each allocated a specific percentage of the system’s transaction fee pool: Entry Nodes – 15% share pool Starter Nodes – 17.5% share pool Pro Nodes – 20% share pool Premium Nodes – 22.5% share pool Master Nodes – 25% share pool Each type of node collectively shares its designated percentage of transaction fees, with rewards distributed proportionally among node holders. Every 24 hours, smart contracts calculate the total transaction volume within the G-Wallet system. The system then automatically distributes rewards to each wallet based on the type of node(s) held the number of nodes owned.

The referral program is a 3-level commission system that allows users to earn rewards in TRX and G-Wallet Points when they refer others to purchase a G-Wallet Node. Users earn immediate TRX payouts when their referrals purchase a node. The 3 levels are as follows: Level 1: You earn 17.5% of the node purchase from your direct referrals. Level 2: You earn 7.5% from people referred by your direct referrals. Level 3: You earn 5% from referrals made by Level 2 users.

In addition to earning TRX rewards, users also accumulate G-Wallet Points, which can be used to unlock additional nodes without requiring extra investment. These points are awarded at three levels: • Level 1: Users earn the highest amount of points from their direct referrals. • Level 2: Users earn a reduced amount of points from referrals made by their direct referrals. • Level 3: Users earn a smaller portion of points from users referred by Level 2 participants. For example, if a user refers someone who purchases a Pro Node ($250), they will receive 4,375 G-Wallet Points at Level 1, while a Level 2 referral earns 1,875 points, and a Level 3 referral earns 1,250 points. These points accumulate over time and can be redeemed for new nodes, allowing users to expand their passive income potential without additional financial investment.

If you refer 5 people within 45 days who purchase the same or greater value G-Wallet Node as you, you’ll earn a free node of equal value. Example: If you own a Pro Node ($250) and refer 5 others who buy Pro Nodes, you get a free Pro Node worth $250. This is a powerful way to scale your node ownership and increase your passive rewards.

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