v4 · Canonical/Aligned to the V1 document set/May 2026
DOCS · 02 / Genesis 200 · Pricing and dynamics

Pricing & Dynamics.

Upfront cost, what you receive for it, and the mechanics that govern how rewards are calculated. Genesis 200 uses milestone-conditional vesting. 15% at boot, the remaining 85% earned across the first 12 months of operation. The authoritative reward math is the ratified Genesis Pricing v1.0 methodology.

The Genesis 200 program bootstraps a globally distributed validation layer for real-world data. Early operator incentives are front-loaded with the Year 1 Genesis multiplier. Long-term operator economics derive from protocol revenue.

§ 01

Capital requirement

#s1

Total entry: $2,000 per Hex Node license. One-time. Not recurring.

ComponentAmountWhat it covers
Hardware$380Raspberry Pi Zero 2W, ATECC608B-class secure element, RS485 7-in-1 soil probe, BME280 atmospheric sensor, NEMA 4X IP67 enclosure, Waveshare SIM7600G LTE HAT, solar panel, UPS battery.
Geographic license$1,620Non-exclusive operating rights for a specific H3 hex cell on the Mālama network. NFT-HEX minted on Cardano and Base at reservation.

Hardware ships by end of December 2026. Geographic license is minted at reservation. Genesis 200 is 195 external nodes plus 5 reserved for Mālama Labs team and production use (Dallas / DFW area); reservation closes when the 195 external nodes are sold, a $390,000 external raise.

§ 02

MLMA allocation and vesting

#s2

Every Genesis 200 operator receives 125,000 MLMA, vested across operational milestones. This is a service-conditional grant, not a token sale. Failure to meet a milestone forfeits that tranche and subsequent tranches to the Genesis Performing Operator Bonus Pool.

Total per operator
125,000 MLMA
Share of supply
0.025% per operator · 5% across all 200 nodes
Vesting structure
Milestone-conditional · 15 / 15 / 20 / 20 / 30 over 12 months
Boot tranche
15% (18,750 MLMA)
Milestone tranches
85% (106,250 MLMA) across PONO, 6, 9, 12 months

Milestone-conditional vesting

MilestoneMLMACumulativeConditions
Boot tranche (registration)18,750 (15%)15%Hardware registered, KYB complete, first signed reading recorded on Cardano
90-day PONO qualification18,750 (15%)30%PONO credential issued per Operator Guide requirements
6-month operational25,000 (20%)50%Continuous PONO eligibility, ≥99% uptime months 4-6, no tamper events, no falsification detected
9-month operational25,000 (20%)70%Continuous PONO eligibility, ≥99% uptime months 7-9, no tamper events, no falsification detected
12-month operational37,500 (30%)100%Continuous PONO eligibility, ≥99% uptime months 10-12, no tamper events, no falsification detected
▲ Forfeiture · Missed milestones

Operators failing a milestone forfeit that tranche and subsequent tranches. Forfeited tokens roll into the Genesis Performing Operator Bonus Pool. Operators reentering compliance after a missed milestone may petition the DAO for a partial-restoration vote (>50% threshold), at the DAO’s discretion.

The milestone-conditional structure aligns operator compensation with substantial ongoing service: deployment effort plus 12 months of sustained operation. The boot tranche acknowledges deployment work. The 85% conditional vesting requires continued performance.

§ 03

Reward calculation

#s3

The reward is the ratified Genesis Pricing v1.0 calculation. A fixed base scaled by three bounded multipliers, then cohort-normalized so the cohort total lands on the 25M Genesis pool. There is no per-node emission-pool draw and no geographic 0.5× to 3.0× multiplier.

Calculated_Eligibility =
  125,000 base
  × Genesis_Year_1            [1.5×, Year 1 only]
  × Hex_Type                  [0.95× to 1.30×]
  × Data_Demand_Score         [0.70× to 1.30×]

then cohort-normalized to the 25M Genesis operator pool.

Hex Type and Data Demand Score are bounded, governance-readable inputs. The Data Demand Score is the five-component 0-100 measure recomputed quarterly, defined in Data Demand Score v1.0. The full worked methodology, cohort normalization, and buyer protections are in Genesis Pricing v1.0; the supply and revenue context is in Tokenomics v1.

§ 04

Two economic phases

#s4

Operator distributions begin emission-funded and transition to revenue-funded. Emissions are a 60M, 8-year smooth taper (12 / 14 / 12 / 9 / 6 / 4 / 2 / 1M), after which operation is revenue-funded. Protocol revenue is split 45 burn / 20 operators / 15 stakers / 20 Foundation to a 250M circulating burn floor, after which the burn share redirects to the Foundation.

PhasePeriodDistribution sourceNotes
Emission-dependentYears 1-3Predominantly emissionsFront-loaded taper; Year 1 carries the 1.5× Genesis multiplier.
TransitioningYears 4-5Revenue-majorityEmission taper continues as protocol revenue scales.
Revenue-fundedYears 6-8Predominantly revenueEmissions taper to the final 1M tranche, then zero.
Permanent steady stateYears 9+100% revenue20% of protocol revenue distributed to operators.
§ 05

Historical comparable

#s5

The closest public DePIN comparable is WeatherXM, whose 5,000+ stations report actual monthly token distributions that vary widely by location demand, data quality, and token market price. Published station economics show the range between low-demand and high-demand locations can differ by 10× or more. This illustrates why per-node projections without zone-specific demand data are not meaningful.

Mālama economics will differ based on chain architecture, demand profile, Hex Type and Data Demand Score, uptime performance, Genesis phase status, and network rollout pace. The WeatherXM reference is a publicly verifiable example of how DePIN node economics work in practice, not a projection of Mālama outcomes.

§ 06

Disclaimers and no guarantees

#s6

Operating a Genesis 200 Hex Node requires labor: physical installation, network setup, ongoing uptime maintenance, and active stewardship of validation work. Rewards depend on data volume in your zone, uptime, Hex Type, Data Demand Score, Genesis phase status, and network conditions.

▲ Service-conditional allocation

The MLMA allocation (125,000 MLMA per operator) is service-conditional. Only 15% (18,750 MLMA) unlocks at boot. The remaining 85% requires sustained operational performance across the first 12 months. Failure to meet milestones forfeits the affected and subsequent tranches to the Genesis Performing Operator Bonus Pool.

There are no guaranteed distributions. There is no published cost-recovery timeline, token-price forecast, or payback projection. Year 1 distribution levels reflect emission-dependent bootstrapping and are not indicative of steady-state network economics.

MLMA is a digital tool under the SEC-CFTC Joint Interpretation (S7-2026-09), not a security. Regulatory classification varies by jurisdiction and this copy is preliminary, pending qualified securities counsel. Participation in Genesis 200 does not constitute an investment in a security. Consult qualified legal, tax, and financial advisors before reserving.

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Aligned to the V1 document set. Actual distributions follow protocol rules and network conditions.

No figures on this page constitute distribution guidance or forward-looking projections. Next: Phase 1 Timeline →