Gnosis Chain launches $5M project to increase node diversity, incentivizes validators to run in new countries
Gnosis Builders, developer of blockchain network Gnosis Chain, has announced a $5 million project to increase the number and diversity of validators through incentive mechanisms. The new project is called “Gnosis VIP,” according to an April 18 announcement from the company.
The network currently has over 100,000 validators spread across 60 countries, and the program’s goal is to increase the number of countries to 180 by year’s end, the announcement said. The first payment of 38 mGNO will be disbursed after the first 30 days the node operates. The size of the payment will increase each month, and the last payment at the end of the six months will be for 98 mGNO .In an email statement to Cointelegraph, Gnosis CEO Martin Köppelmann expressed hope that the new program will help to improve both the security and performance of Gnosis Chain:
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