PING NET

What is PING NET？

PING NET is a decentralized computing power network,By leveraging DePIN technology, gamers can contribute their excess computing power from gaming laptops to the network in exchange for incentives, creating a stable and cost-effective computing resource pool. This pool provides game developers with computing power services for tasks such as game scene rendering and AI training at prices significantly lower than the market rate. Players serve as the network's computing power providers, easily connecting various devices to contribute their excess computing power. Game developers, as the platform's consumers, can purchase computing power at below-market prices to complete scene rendering and other high-computing tasks in game development.

How PING NET Works：

Task Creation: Creators upload their work content to the publishing center, where an automated task allocation system within the network assesses the workload, current network computing power, and the creator's reputation. The system then breaks down and distributes tasks to available nodes.

Task Allocation: Task allocation is the process of assigning computing tasks to online nodes. When a creator submits a task to the network, the system evaluates factors such as hardware requirements, network latency, and user reputation to divide and distribute the task to the appropriate nodes.

Task Settlement: After the task is completed, the network verifies the completion status by the nodes, and the creator pays the nodes for their work. A portion of this payment is retained as a network usage fee to maintain the operation of the network.

When the network reaches maturity, we will introduce a Burn-and-Mint Equivalent (BME) model. In this model, users burn tokens to purchase services, and the network mints new tokens to reward service providers and contributors. This mechanism decouples the minting from burning to prevent a death spiral scenario.

PING NET Roadmap:

The creation of the computing power network is an evolving process, characterized by the gradual strengthening of computing power and the maturing of network infrastructure as more nodes join, alongside increasing demand.

Cold Start Phase:

The network will launch through OG Pass staking for mining, where staking an OG Pass allows users to earn platform points called Pebbles.

Network Development Phase:

This phase involves building a bilateral market for the computing power network from scratch, transitioning the product from virtual mining during the cold start to a real computing power exchange platform. This will include the development of a standardized measurement system for network contributions (with favorable consideration for early OG contributors) and the completion of off-chain infrastructure, such as oracles and on-chain smart contracts, to support transactions and settlements.

Ecosystem Expansion Phase:

Once the network reaches a certain scale, we will introduce more scenarios for computing power provision and consumption. This includes not only integrating professional gaming laptops but also incorporating computing power centers. The use of computing power will expand beyond game production rendering to support tasks such as game AI training, real-time player synchronization in multiplayer games, high-frame-rate rendering for VR and AR, AI scene generation, and large-scale game data processing. The introduction of more participants and supported scenarios will breathe new life into the ecosystem.

How to Participate in PING NET:

Hardware Preparation:

Participants need to have computing resources, such as idle CPUs, GPUs, which can come from personal computers, servers, or even professional mining equipment. For GPU resources, the higher the performance and computing power, the greater the potential rewards. PING owners can join the testing phase during the network's alpha stage, with the network being specially optimized for PING devices, making PING owners early adopters in the network.

Installing Node Software:

Participants must download and install the node client software provided by PING Net. This software connects the device to the PING Net, enabling you to share your computing resources.

Node Configuration:

After installation, participants need to perform basic configurations, such as:

• Selecting Shared Resource Types: You can choose to share CPU, GPU resources.

• Setting Resource Allocation Ratios: You can set the percentage of shared resources or limit the maximum usage to ensure that contributing computing power doesn't interfere with other daily uses. Once configured, your node will automatically join the PING Net network and start working. The network will dynamically assign tasks to your node, such as image rendering, AI training, and other compute-intensive tasks.

Revenue Distribution: PING Net's revenue mainly comes from network task processing fees. Users or developers requesting computing resources on the network need to pay a fee. These fees are distributed proportionally to the nodes providing resources. PING net will establish an initial incentive plan to attract more resources to join.

• Task Matching and Allocation: PING Net will dynamically match tasks with suitable nodes based on task requirements. For example, tasks requiring significant computing power will be prioritized for nodes with powerful GPUs.

• Revenue Proportion Calculation: After completing tasks, revenue is distributed based on the task requirements and the contribution ratio of the participating nodes.

• Revenue Settlement and Distribution: During the alpha and beta phases, revenue will be distributed in the form of platform points. The system will automatically settle the rewards after task completion and send them directly to the participant's account. After TGE (Token Generation Event), the points can be exchanged for platform tokens. Once the network matures, revenue will be directly distributed in tokens.

Key Factors Affecting Revenue:

• Type and Quantity of Contributed Resources: For example, nodes contributing high-performance GPU resources typically earn more than those contributing CPU resources since GPUs are better suited for compute-intensive tasks like AI training and image rendering.

• Node Stability and Uptime: The network prioritizes task allocation to nodes that are online for extended periods and operate stably. Therefore, maintaining high uptime and stable resource provision can lead to more tasks and higher revenue.

• Task Completion Efficiency: The speed and accuracy of task completion also affect revenue distribution. Nodes that efficiently complete tasks typically receive higher rewards.

Incentive Plans: PING net will establish an additional reward pool aimed at:

• Early User Incentives: During the platform's early development stage, more Pebbles (points) rewards will be allocated to early participants to attract more nodes to join.

• Long-Term Contribution Rewards: Nodes that continuously and stably provide resources will receive additional long-term incentives to support the healthy development of the network.

• Community Governance Participation Rewards: Resource providers can also earn additional rewards from the gaming platform by participating in community voting and governance.