Web3 Node-as-a-Service Economics & Viability Comparison
No network can truly be considered decentralized if it relies on fewer independent node operators than those hosted in centralized data centers. The viability of node operations must be sustainable for individuals to continue running nodes. This is crucial for maintaining decentralization and efficiency in the Web3 ecosystem, ensuring sustainable incentives, network security, and scalability.
If operating costs—such as server and electricity expenses—exceed the rewards from node validation, why would anyone continue running a validator node? Many node operators assume they will eventually see a return, but supporting decentralization alone is not enough—this is merely wishful thinking. Most Web3 projects default to using AWS as their cloud provider for node operations due to convenience, or they rely on private node operators to manage the servers. As a user, you are essentially renting validator rights and capacities for a fee. So, where is the decentralization?
At Openmesh, with our immutable decentralized cloud and permissionless VMs, we are here to change this.
Ethereum Price Chart
Showing Ethereum price and corresponding provider revenue.
[Q1/Q2 2024]
- Integrate Xnode with Equnix, Hivolcity, Google, Vultr, ValidationCloud, Snowflake, Aiven
- Xnode Studio V.4.0 Beta
- Decentralized Cloud Initiative 2024
- Launched World's First Decentralized Virtual Machine (DVM)
[Q3/Q4 2024]
- Openmesh is giving away USD100m worth of cloud credit to Web3 startups, protocols, and DAOs to jump-start the DePIN movement.
- Artificial Superintelligence Alliance RFP - Large-scale AI-optimized data center in collaboration with Nvidia, The Xnode MDC (Modular Data Center).
- Web3 Node Adoption Initiative with Chainlink, Fantom, Polygon, Avalanche, and 6+ more chains.
- Openmesh Decentralized & Immutable Cloud: Up to 80% cheaper that incumbent web2 providers
- Xnode integrations with the Solana
- Xnode Studio v6 launch with 10,000+ apps
- Partnership with Hackernoon to host a DePIN educational content hackathon.
- Openmesh Node Sale.
- Validator Nodes Rewards Beta
- Openmesh Town Hall Event (Nvidia, Snowflake, Polygon, Databricks, MongoDB, Avien, Hivelocity, Google, and more)
- CCIP <> Xnode Launch—Connecting On-chain to Web2 Infrastructure for devs, Web3 startups, protocols & DAOs + $5m Openmesh
- Cloud Resources announcement.
- Xnode Node Hardware Launch.
- OpenD/I 2024 Conference in New York by Openmesh.
- OpenD/I Developer Conference 2024 in Bangalore by Openmesh.
- OpenAPI v6 Launch