Purchasing a node license is a software purchase that helps support the blockchain and in part, node owners receive blockchain rewards as an incentive via Proof of Action.
The Switch Blockchain is not intended as an investment opportunity, and it is not an investment of any kind. It is a decentralized protocol that allows anyone to participate, provided they have the necessary equipment, node software, and compatible digital app. This inclusive approach allows individuals to engage with the Switch Blockchain and leverage its functionalities.
Switch Reward Card does not sell digital rewards. The Switch Blockchain, which is governed by Switch Node owners, self-governs the distribution of Switch Rewards. Switch Rewards are earned in exchange for work and action on the Switch platform. Switch Rewards are digital rewards designed to have utility on the Switch platform for the purchase of Switch’s products and services. Switch Rewards is not an investment product and may never have any value outside of the Switch platform. Switch Node owners should not expect to recognize any value from Switch Rewards other than its utility on the Switch platform. Switch Reward Card does not anticipate correlation between Switch Rewards’ value and Switch Reward Card’s business activities.
For more information, please reference the Terms and Conditions document linked here.