From 6e7cd5d93dbe3c3e1929365f3b7f42a6b2e6c2e0 Mon Sep 17 00:00:00 2001 From: Mik-TF Date: Fri, 26 Apr 2024 12:53:37 -0400 Subject: [PATCH] pinca, theplan_c and inca updates --- collections/projectinca/plan/theplan_c.md | 77 ++++++++++++++--------- collections/projectinca/tokens/inca.md | 16 ++--- 2 files changed, 55 insertions(+), 38 deletions(-) diff --git a/collections/projectinca/plan/theplan_c.md b/collections/projectinca/plan/theplan_c.md index 188e1ed..13cc407 100644 --- a/collections/projectinca/plan/theplan_c.md +++ b/collections/projectinca/plan/theplan_c.md @@ -5,23 +5,30 @@ 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 -- During 2024 the price between INCA & TFT is fixed: 1 TFT buys 3 INCA + - 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. -The TFT is our creator and founder tokens, INCA is for our commercialization. +## Two New Tokens on Solana -INCA will be used on our INCA marketplace +We launch 2 new tokens called INCA and INCA-G. - -## 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 can be bought by TFT holders, 1 Billion is to launch the next generation of our grid in the DePIN ecosystem +- 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
+### 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. @@ -30,58 +37,65 @@ We can analogize the generation of Cloud/Internet capacity to the generation of 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 can people acquire an INCA-G token? +## 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 token generates 15,000 INCA over 48 months. 1 INCA-G can be bought: -- from SwissBorg for 500 CHF - - crypto enabled bank in Switserland +- 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 + - 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 +1 INCA-G AA Token generates 10,000 INCA over 48 months. AA stands for Africa and latin America -- from SwissBorg for TBD CHF. +- From SwissBorg for *TBD* CHF. The incoming funds will be used to generate Cloud & Internet capacity in these regions,
which are serious growth regions in the world. -## INCA governance +## INCA Governance A Wisdom Council approves budgets in line to tokenomics above. -- ThreeFold Wisdom Council, to be created, 9 people, 6 need to agree. - - 1 OurWorld (Kristof) - - 1 ThreeFold DMCC (Adnan) - - 1 TF9 (Jan) - - 1 Sikana (Greg) - - 1 CodeScalers (Nayer) - - 1 ThreeFold COOP (Sabrina), the COOP will still be created. - - 1 GreenEdge (MWW) - - **we start with 7 but will need 2 more people* -- Budgets get allocated to projects on git.threefold.info, clear stories with clear budget allocations and cashflow tracking or time tracking. +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 -Right now there are +-960m TFT, there can max be 4 Billion TFT. +The total supply of TFT is currently around 960 million TFT, while the max supply is 1 billion TFT. - -## Technical TFT, INCA & INCA-G +## 3 Tokens: TFT, INCA & INCA-G #### Implementation @@ -93,5 +107,8 @@ All can and will be bridged on multiple blockchains. #### Metadata for INCA-G -- release date -- list of values, each value is nr of INCA's to be released in a month +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 diff --git a/collections/projectinca/tokens/inca.md b/collections/projectinca/tokens/inca.md index ede690f..59d761a 100644 --- a/collections/projectinca/tokens/inca.md +++ b/collections/projectinca/tokens/inca.md @@ -1,7 +1,7 @@ ## High Level Tokenomics INCA -There can never be more than 4 Billion INCA +There can never be more than 4 Billion INCA. - 3 Billion for TFT holders (1 TFT buys 3 INCA) - Will be sold uniquely to TFT Holders (the founders, creators and farmers of the current TFGrid) @@ -11,13 +11,13 @@ There can never be more than 4 Billion INCA - Farming rewards - Can also be sold through partners e.g. SwissBorg (through INCA-G) and others... - 0.3 Billion for community expansion - - promotion of the TFGrid - - creation of technology on top of the TF Grid - - peer2peer promotion program -- 0.2 Billion for Depin TF Team with 24 months accelerated vesting. + - Promotion of the TFGrid + - Creation of technology on top of the TFGrid + - Peer2peer promotion program +- 0.2 Billion for Depin ThreeFold Team with 24 months accelerated vesting - 5 % of total - - is for people who help to expand the Grid (starting now) - - a lot of it is to reward our partners to help launch the INCA Tokens & the TF Grid + - It's for people who help to expand the Grid (starting now) + - A lot of it is to reward our partners to help launch the INCA Tokens & the TFGrid ```echarts @@ -53,4 +53,4 @@ option = { }; ``` -*Accelerated Vesting means: if INCA gets above 0.5 CHF per INCA the vesting accelerates 50%, if above 0.6 CHF 60%, ... if above 1 CHF 100% acceleration.* +*Accelerated Vesting means: if INCA gets above 0.5 CHF per INCA (50%), the vesting accelerates in proportion to the percentage (e.g. 0.6 CHF per INCA = 60$ acceleration). At 1 CHF per INCA (100%) and more, the acceleration is 100%.* \ No newline at end of file