Internet Computer Economic Model Update: 80% of Cloud Hosting Service Fee Revenue Goes to Node Providers, 20% Goes to Burn ICP

BlockBeats News, February 21st, the DFINITY Foundation stated in a post that the "Internet Computer economic model is changing: the old model rewarded node providers for simply running a node. The new model will distribute 80% of the Cloud Engine revenue to nodes that provide computing power support, with 20% used to burn ICP tokens.

Currently, the Node Providers Association has started preparations to promote Cloud Engine services to enterprises across Europe."