🧐Research Report｜Overview of the First Batch of WatchDog Agent Related Information from SendingNetwork——

Official news: The decentralized communication infrastructure Sending Network @Sending_Network is about to launch the first batch of WatchDog Agent whitelist round and public sale round;

This time, 16,000 WatchDog nodes will be publicly sold, with an initial price of 500 USDT per node, which will gradually increase. Users can purchase using wETH or USDT on the BNB network.

This article mainly studies: What are the WatchDog nodes related to SendingNetwork, and what is their value?

1️⃣ What is Sending Network?

SendingNetwork is a project aimed at building a decentralized communication infrastructure. By reconstructing the TCP/IP protocol, it provides a new decentralized communication solution designed to address privacy, security, and efficiency issues present in traditional networks, providing solid infrastructure support for the Web3 ecosystem.

Sending Labs has secured $20 million in seed funding from projects and individuals including: Balaji (former CTO of Coinbase), Network State, Erick (former head of research at Binance), Nomad Capital, YGG, etc.

Its main advantages include:

Decentralized Communication: The communication infrastructure provided by SendingNetwork is decentralized, meaning it does not rely on a single central server but instead transmits messages through multiple nodes, enhancing the network's resilience and censorship resistance.

Security and Privacy: The project employs end-to-end encryption technology and a decentralized identity system (DID) to ensure the security and privacy of user communications. Messages are transmitted through a P2P network, avoiding potential privacy leakage issues present in traditional communication systems.

Cross-Platform Compatibility: SendingNetwork supports seamless communication across different types of devices and blockchains, allowing users to chat, trade, and perform other operations using the same wallet address across different applications. This enhances user experience and reduces friction between platforms.

Scalability and Efficiency: Through its three-layer network architecture (client access layer, relay layer, and consensus layer), SendingNetwork can efficiently handle large-scale group chats, addressing the traditional broadcast storm problem in P2P networks, thereby improving the network's scalability and efficiency;

2️⃣ First Batch of WatchDog Agent Public Sale and Whitelist Round——

SendingNetwork WatchDog——

1) Whitelist: Starts at 10 PM on January 6 (UTC+8),

2) Other users: Starts at 10 PM on January 7 (UTC+8)

3) Purchase address: https://watchdog.sending.network

The Sending Network community members and partners will receive reserved whitelist spots, and the remaining limited nodes will be open to the public on a first-come, first-served basis.

WatchDog Agent Nodes:

WatchDog agent nodes are monitoring nodes in the network responsible for checking the operational status of edge nodes. They ensure network stability by sending challenge information and reporting results to guardian nodes.

WatchDog agent nodes are not only part of the SendingNetwork ecosystem but are also key components that ensure its functionality, security, and sustainability.

WatchDog Agent Rewards:

In the incentive system of SendingNetwork, users running WatchDog nodes may receive economic rewards. This incentive mechanism not only encourages more people to participate in network maintenance but also creates a new way for users to directly benefit from improvements in network security and performance.

The rewards for WatchDog agents come from the $SDN token, with 12% of the total token supply allocated to WatchDog rewards over four years.

Purchase Process:

Users need to connect their wallets, select node levels, and complete payment. After purchasing, KYC certification must be completed to obtain the WatchDog agent NFT.

Node Value: The value and rewards of the nodes mainly come from the $SDN token, with 12% of the total token supply allocated to WatchDog rewards over four years. Therefore, the value of the nodes primarily depends on the healthy development of the entire SendingNetwork ecosystem, user growth, technological advancements, and the effective implementation of economic incentive mechanisms.

However, any investment or participation carries risks, and the realization of appreciation potential needs to consider various factors such as market dynamics, technological development, and user acceptance. We hope everyone will DYOR, and if there is a purchase need, you can use the invitation code: BTW7788 (users who use the invitation code can receive a 10% cashback: 10% will be returned to the wallet after the purchase ends);

Detailed process: https://medium.com/@sendinglabs/sendingnetwork-watchdog-agent-sale-be-part-of-the-depin-communication-layer-c1c62de3d844

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