DataHighway

DataHighway's community members will ultimately be incentivized to operate a sophisticated IoT parachain based on Polkadot, where they may stake, govern, mine and otherwise participate using the new DHX token and its associated Decentralized Autonomous Organization (DAO), and Inter-Chain Data Market.

Token mining is a form of participation that adds value to the entire blockchain ecosystem. Locking DataHighway authorized IoT tokens or other value added tokens is a form of participating, and is referred to as token mining. Token miners are entitled to mining speed boosts that allow them to earn higher DHX token rewards when staking as a validator or nominator on the DataHighway. The entitlements will be initially based on pre-set criteria that will be defined in the genesis configuration at launch, but will later be determined by the DAO, such as the length of the locking period, the amount of tokens locked, the level of participation, and whether there is a promotion.