Tokenomics
The AISC Token
The AISC platform operates on a token system that serves as the cornerstone of its economic model. This system is designed to facilitate transactions, incentivize participants, and govern interactions within the AISC ecosystem. The token system encompasses various aspects, including token utility, distribution, and governance.
AISC's native token serves multiple purposes within the ecosystem:
Transaction Fees: Tokens are used to pay for transaction fees on the AISC network. This includes fees for executing smart contracts, processing transactions, and accessing AI services within the ecosystem.
Incentivization Mechanism: Tokens are used as incentives for network participants, including validators and node operators. By contributing to the network’s security and efficiency, participants earn tokens, encouraging active and continuous engagement with the platform.
Access to AI Services: The tokens provide access to AI-powered applications and services within the AISC ecosystem. This includes the use of AI algorithms, data analytics tools, and other AI-driven functionalities.
Token holders in the AISC ecosystem play a role in governance and decision-making processes. This includes voting on key decisions, such as protocol updates, ecosystem development proposals, and allocation of community funds. The governance model is designed to be decentralized, ensuring that the community has a voice in the direction and evolution of the platform.
AISC’s token model is designed not only to support the technical aspects of the platform but also to foster a sustainable economic ecosystem.
The AISC token serves as a medium of exchange within the ecosystem, facilitating transactions and interactions between users, developers, and service providers. This circulation of tokens stimulates economic activity and encourages the development of new services and applications.
The token distribution and reward system are structured to align the incentives of all network participants. By rewarding contributions to the network's security, development, and growth, the token model encourages behaviors that are beneficial for the long-term health of the ecosystem.
Allocation
Token Name: AISC Max Supply: 100,000,000,000
Type (pre-mainnet launch): BEP-20
Type (upon mainnet launch/post migration): Native AISC
Allocation:
Token Sale: 10% According to the development plan, the operational team will announce the total circulation at each stage.
Ecosystem Applications:30% To support various scenarios within the public chain ecosystem.
Mining Output: 30% Output from solid-state devices.
Web3 Investment Development: 10%
Foundation: 10% All locked and released linearly over 8 years.
Operational Team: 10% All locked and released linearly over 8 years.
Sustainability
AISC's token model is strategically designed to ensure long-term sustainability, taking into account various economic and market factors.
AISC employs a controlled token issuance strategy, which is crucial in managing the supply of tokens in circulation. This approach helps in mitigating inflationary pressures, preserving the token's value over time. Additionally, token-burning protocols may be implemented to remove a portion of tokens from circulation, further stabilizing the token's value.
The economic model of AISC is structured to generate revenue from diverse sources. Transaction fees from network operations, charges for accessing specialized AI services, and strategic partnerships contribute to the ecosystem's financial stability. This diversity in revenue streams reduces reliance on any single source of income, cushioning the ecosystem against market volatility.
Furthermore, AISC dedicates a significant portion of its tokens to community-driven projects and ecosystem development. This includes funding for innovation, research grants, and community initiatives. This approach ensures that the ecosystem remains dynamic and responsive to evolving user needs and technological advancements, fostering continuous growth and adaptation.
AISC's token model also includes long-term incentive plans for various stakeholders, including developers, node operators, and early adopters. These incentives are structured to encourage sustained participation and investment in the ecosystem, aligning stakeholders' interests with the long-term success and growth of AISC.
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