s

collections/projectinca/_archive/theplan_b.md

@@ -0,0 +1,88 @@
+![alt text](theplan.png)
+
+# Plan B 
+
+Simple model where TFT can convert into INCA.
+
+## Tokens
+
+- 1 TFT -> 3 INCA
+  - the mechanism in which this happens needs to be defined
+- max 4 billion INCA
+
+## How to go from TFT to INCA
+
+> please note TFT will keep its own purpose, TFT can be used to buy/sell IT capacity (compute, storage, network). INCA is a new token made for the DePIN space, TFT holders can voluntary choose to go from TFT to INCA.
+
+- mechanism hasn't been defined yet
+- there might be conditions to conversion
+  - vesting?
+  - requirement to put some cash in a liquidity pool?
+  - others?
+
+## the 1 billion INCA expansion for the Ecosystem
+
+- promotion through grants
+- technical achievements (develop tech)
+- reward for farmers and other contributors (expansion)
+- peer2peer promotion program
+
+Governance
+
+- ThreeFold Wisdom Council, to be created, 9 people, 6 need to agree.
+  - 1 OurWorld (MWW)
+  - 1 ThreeFold DMCC (Adnan)
+  - 1 TF9 (Kristof)
+  - 1 Sikana (Greg)
+  - **5 people with name in community**
+- Budgets get allocated to projects on http://git.threefold.info, clear stories with clear budget allocations and cashflow tracking or time tracking.
+
+
+# Tokenomics
+
+> this is only a suggestion, the DePIN advisor team will probably come up with improvements and other requirements.
+
+The following is the chart suggesting how the INCA might be distributed.
+
+```echarts
+option = {
+  title: {
+    text: 'INCA Token',
+    subtext: 'Distribution',
+    left: 'center'
+  },
+  tooltip: {
+    trigger: 'item'
+  },
+  series: [
+    {
+      name: 'Distribution',
+      type: 'pie',
+      radius: '70%',
+      data: [
+        { value: 75000, name: 'TFT Conversion' },
+        { value: 10000, name: 'Farming Rewards' },
+        { value: 5000, name: 'Community Expansion (Grants)' },
+        { value: 4000, name: 'Team'}
+        { value: 2000, name: 'Liquidity' },
+        { value: 2000, name: '3Node Rewards' },
+        { value: 2000, name: 'Developer Grants' },
+        
+      ],
+      emphasis: {
+        itemStyle: {
+          shadowBlur: 10,
+          shadowOffsetX: 0,
+          shadowColor: 'rgba(0, 0, 0, 0.5)'
+        }
+      }
+    }
+  ]
+};
+```
+
+No INCA tokens are used for funding or reward of existing team, this all comes out of the historical TFT Tokens.
+
+- The 75% is the big one and is for conversion of TFT to INCA (1 TFT becomes 3 INCA)
+- The other 25% is all for rewarding the ecosystem to make INCA succesfull.
+