8.6 KiB
sidebar_position
| sidebar_position |
|---|
| 3 |
Implementation & Roadmap
:::info Community Update This page shares what we know right now about the implementation status and roadmap.
Join the discussion: Share your feedback in the forum thread. :::
Token Economics: Proposed Solution
We've designed a comprehensive solution to the token economics.
- Dual Token System: TFT (tradable) and Cloud Credits (stable utility) - Learn more
Phase 2 : Q1 2026
- Controlled Liquidity: Dutch auction mechanism prevents dumping - Details
- Fair Distribution: Position-based pools reward long-term commitment - Read more
Marketplace Implementation
Stable Cloud Credit Currency
Status: Design Complete | Implementation in Progress
Cloud Credits (CC) provide the stable utility currency needed for day-to-day operations:
- Peg: 1/1000 gram of gold (~$0.128 USD as of Oct 2024)
- Purpose: Predictable pricing for farmers and users
- Acquisition: Users convert TFT to CC at a fixed rate or purchase with fiat
- Stability: No exposure to TFT market volatility for service pricing
Farmer Price Setting Capability
Status: Coming Soon
farmers will be able to set their own pricing for capacity:
:::note This feature is being designed to balance farmer autonomy with marketplace consistency. :::
80% Revenue Share Model
Status: Confirmed | Implementation in Progress
The revenue distribution is farmer-first:
- 80% to farmers: Directly compensates capacity providers
- 10% Burned: Reduces TFT supply, supporting token value
- 10% to ThreeFold: Funds ongoing development and operations
This model ensures farmers receive the majority of revenue generated from their infrastructure.
Slices Implementation
Status: Designed | Implementation in Progress
The slices system provides better node partitioning:
- Resource Packaging: Nodes divided into standardized "slices" of compute capacity
- Efficient Utilization: Better matching of user needs to available resources
- Clear Pricing: Each slice has defined resources and pricing
- Flexible Scaling: Users can consume exactly what they need
This is part of the TFGrid v4 rollout.
Bidding & Capacity Marketplace
Capacity Bidding (vast.ai Model)
Status: Coming Soon
A marketplace where users can bid on capacity and farmers can accept offers:
- Demand-Driven: Users post requirements and budget
- Competitive: farmers compete to provide best value
- Transparent: Clear matching between needs and offerings
- Flexible: Supports both standard and custom configurations
Income Clarity for farmers
Status: Documentation Complete | Tools in Development
We're providing clear visibility into farmer economics:
- Pricing Calculators: Estimate income based on node specs
- Revenue Projections: Min/max income scenarios documented
- Cost Transparency: Hardware costs amortized over 5-year lifespan
- ROI Models: Clear break-even and profit projections
Infrastructure Development
Mycelium Cloud
Status: Complete ✅
The Mycelium cloud is operational and uses TFT underneath:
- Production Ready: Deployed and available for workloads
Whats next for Mycelium Cloud
- More Nodes: Expand the network with additional nodes
- Attach CC and minimal marketplace to it.
Mycelium Network
Status: Complete ✅
The global Mycelium network is live and functional
Whats next for Mycelium Network
- Need to add more nodes
- Invite more people to join
- Need to attach CC to it (basically the bandwidth should not be free but paid in CC, TFP underneath).
TFGrid v4 & ZOS v4
Status: Development Phase | 2-3 Months to Production
The next generation of ThreeFold Grid infrastructure:
- Timeline: 2-3 months until production-ready
- Current: v3 remains operational and available
- Improvements: Enhanced performance, better resource management
- Compatibility: Smooth migration path from v3
:::caution Interim Period For immediate deployments, TFGrid v3 remains fully supported and operational. :::
High-Performance Nodes & GPU Expansion
Status: Actively Working On It 🔨
We're expanding the network with quality infrastructure:
- Goal: More high-quality, high-performance nodes
- Priority: Significantly more GPU capacity for AI workloads
- Partnerships: Working with hardware providers and farmers
- See: Certified nodes coming Q4 2025 including dedicated AI configurations
End-User Applications
Status: Teams Working On It
Applications being built on top of TFGrid:
- Purpose: Give distribution channels something to sell
- Development: Multiple teams actively building
- Integration: Leveraging the Kubernetes cloud and marketplace
- Timeline: Coordinated with marketplace readiness
:::info Specific applications and partners will be announced as they reach appropriate milestones. :::
Market Questions & Offtakers
Who Are the Offtakers?
We're in discussions with several potential high-volume customers, but cannot share specific names at this stage.
- ICA is one of them, see http://ica.coop
- ThreeFold itself, we will be a significant user of capacity for its own operations and services as well as for its partners where we have direct relationships with.
ThreeFold will start to order capacity whenever minimal marketplace features are live.
How Much Capacity Will They Take?
- orders of magnitude more than what's available today.
Requirements before we can get started:
- Marketplace readiness: Features listed above need to be live
- Network capacity: Sufficient GPU and high-performance nodes
- Application maturity: End-user apps that drive demand
:::note Transparency Commitment We will share offtaker information and capacity commitments as soon as commercially appropriate. :::
What This Means For You
For farmers
- Stable Income: CC-based payments protect against TFT volatility
- Clear Economics: Documented pricing and income projections
- Fair Compensation: 80% revenue share
- Protected Value: No more unlimited TFT dumping harming token price
- Controlled Exits: Dutch auction provides liquidity when revenue enters system
For TFT Holders
- Token Protection: Minting controls prevent dilution
- Value Accrual: 10% burn mechanism
- Upside Preserved: TFT remains tradable with growth potential
- Fair System: Position-based pools reward early and long-term supporters
For Users
- Predictable Pricing: CC pegged to gold provides stability
- Quality Infrastructure: Focus on high-performance, GPU-enabled nodes
- Mature Platform: Kubernetes cloud ready, v4 improvements coming
- Growing Ecosystem: Applications and services launching on TFGrid
Timeline Summary
| Component | Status | Timeline |
|---|---|---|
| Token Economics Design | ✅ Designed | Awaiting implementation |
| Slices System | 🚧 Designed | Part of TFGrid v4 |
| Kubernetes Cloud | ✅ Running | Now |
| GPU Node Expansion | 🔨 Active Effort | Ongoing |
| End-User Applications | 🔨 Active Development | Q1-Q2 2025 |
| Offtaker Announcements | 🔒 Under NDA | When commercially ready |
| Dutch Auction Mechanism | 🚧 In Development | Q4 2024 |
| Marketplace Features | 🚧 In Development | Q4 2024 - Q1 2025 |
| TFGrid v4 / ZOS v4 | 🚧 In Development | 2-3 months |
:::tip Stay Updated Join the discussion and get the latest updates as implementation progresses:
Next Steps
- Review the Core Concepts: Understand the token mechanics that solve the sustainability challenge
- Explore Node Economics: See concrete examples of farmer income with the new system
- Join the Discussion: Share feedback, ask questions, help refine the details
- Stay Engaged: Implementation updates will be shared regularly through community channels
This is a collaborative journey. Your input helps shape the final implementation to serve the entire ThreeFold ecosystem.