info_tfgrid/collections/projectinca/plan/theplan_c.md

![alt text](theplan.png)

# DePIN Launch

ThreeFold is expanding to the Depin market.

- TFT is the token for the TFGrid 3.x
  - It's our creator and founder token
- INCA is the token for the TFGrid 4.x
  - It's our commercialization token
  - It will be used on the INCA marketplace
- During 2024 the price between INCA & TFT is fixed
  - 1 TFT buys 3 INCA
- From Jan 1 2025, the price is defined by market and will be in line to available INCA in liquidity pool.

## Two New Tokens on Solana

We launch 2 new tokens called INCA and INCA-G.

### INCA

> INCA = INternet CApacity (is the token of buying/selling Internet/Cloud Capacity)

- 4 billion INCA will be created
  - 3 billion INCA can be bought by TFT holders transferring TFT to INCA (1 TFT buys 4 INCA)
  - 1 billion INCA will be used to launch the next generation of our grid in the DePIN ecosystem

<br>

### INCA-G

> INCA-G = INCA Generator (is a token generating INCA typically over 48 months)

An INCA-G token generates INCA over a certain period. INCA stands for Internet Capacity token, enabling individuals to buy/sell Internet & Cloud Capacity.

We can analogize the generation of Cloud/Internet capacity to the generation of electricity. In this analogy, INCA is akin to the KWH token, while INCA-G is comparable to the KW token (representing capacity to generate electricity).

INCA-G tokens are unique and come with metadata specifying how INCA will be generated. This metadata outlines the generation schedule of INCA over the next X months.

!!wiki.include page:'projectinca:inca.md'

## How to Acquire the INCA-G Token?

### Round 1: SwissBorg & TF Cooperative

1 INCA-G token generates 15,000 INCA over 48 months.

1 INCA-G can be bought:

- From SwissBorg for 500 CHF
  - Crypto-enabled bank in Switzerland
  - Maximum sold is 5,000 INCA-G tokens
- with TFT which is the founder creator currency of the current grid
  - There will never be more than 1 billion TFT
  - 1 INCA-G token costs 10,000 TFT (\*)

> (\*) The pricing will depend on price of TFT at that moment.

### Round 2: **A**frica and latin **A**merica INCA-G Tokens (AA)

1 INCA-G AA Token generates 10,000 INCA over 48 months.

AA stands for Africa and latin America

- From SwissBorg for *TBD* CHF.
  
The incoming funds will be used to generate Cloud & Internet capacity in these regions, <br>which are serious growth regions in the world.


## INCA Governance

A Wisdom Council approves budgets in line to tokenomics above.

The ThreeFold Wisdom Council will have 9 members in total. For any decision taken by the council, at least 6 must agree to go forward.

### Council Members

We start with 7 members and 2 more members will need to be added later on.

- 1 OurWorld (Kristof)
- 1 ThreeFold DMCC (Adnan)
- 1 TF9 (Jan)
- 1 Sikana (Greg)
- 1 CodeScalers (Nayer)
- 1 ThreeFold COOP (Sabrina)
  - The COOP project is still ongoing and will still be created.
- 1 GreenEdge (MWW)

### Budget Allocation

- Budgets get allocated to projects on git.threefold.info
- Clear stories with clear budget allocations and cashflow tracking or time tracking

## TFT

The total supply of TFT is currently around 960 million TFT, while the max supply is 1 billion TFT.

## 3 Tokens: TFT, INCA & INCA-G 

#### Implementation

- TFT is a token on Stellar blockchain (the original farming token)
- INCA is a token on Solana Blockchain (as digital currency for Internet Capacity)
- INCA-G Implemented as an NFT on the Solana Blockchain.

All can and will be bridged on multiple blockchains.

#### Metadata for INCA-G

Each INCA-G NFT contains information.

- Release date
- List of values
  - Each value is the number of INCA tokens to be released monthly for a given period of time