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pinca, theplan_c and inca updates

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Mik-TF 2024-04-26 12:53:37 -04:00
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collections/projectinca/plan/theplan_c.md
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ThreeFold is expanding to the Depin market. ThreeFold is expanding to the Depin market.
- TFT is the token for the TFGrid 3.x - 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 - 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. - 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.
### INCA
## We launch 2 new tokens called INCA and INCA-G
> INCA = INternet CApacity (is the token of buying/selling Internet/Cloud Capacity) > 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
<br> <br>
### INCA-G
> INCA-G = INCA Generator (is a token generating INCA typically over 48 months) > 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. 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. 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' !!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 ### 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: 1 INCA-G can be bought:
- from SwissBorg for 500 CHF - From SwissBorg for 500 CHF
- crypto enabled bank in Switserland - Crypto-enabled bank in Switzerland
- Maximum sold is 5,000 INCA-G tokens - Maximum sold is 5,000 INCA-G tokens
- with TFT which is the founder creator currency of the current grid - 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 (\*) - 1 INCA-G token costs 10,000 TFT (\*)
> (\*) The pricing will depend on price of TFT at that moment. > (\*) The pricing will depend on price of TFT at that moment.
### Round 2: **A**frica and latin **A**merica INCA-G Tokens (AA) ### 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 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, <br>which are serious growth regions in the world. 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 ## INCA Governance
A Wisdom Council approves budgets in line to tokenomics above. A Wisdom Council approves budgets in line to tokenomics above.
- ThreeFold Wisdom Council, to be created, 9 people, 6 need to agree. 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.
- 1 OurWorld (Kristof)
- 1 ThreeFold DMCC (Adnan) ### Council Members
- 1 TF9 (Jan)
- 1 Sikana (Greg) We start with 7 members and 2 more members will need to be added later on.
- 1 CodeScalers (Nayer)
- 1 ThreeFold COOP (Sabrina), the COOP will still be created. - 1 OurWorld (Kristof)
- 1 GreenEdge (MWW) - 1 ThreeFold DMCC (Adnan)
- **we start with 7 but will need 2 more people* - 1 TF9 (Jan)
- Budgets get allocated to projects on git.threefold.info, clear stories with clear budget allocations and cashflow tracking or time tracking. - 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 ## 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.
## 3 Tokens: TFT, INCA & INCA-G
## Technical TFT, INCA & INCA-G
#### Implementation #### Implementation
@ -93,5 +107,8 @@ All can and will be bridged on multiple blockchains.
#### Metadata for INCA-G #### Metadata for INCA-G
- release date Each INCA-G NFT contains information.
- list of values, each value is nr of INCA's to be released in a month
- Release date
- List of values
- Each value is the number of INCA tokens to be released monthly for a given period of time

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collections/projectinca/tokens/inca.md
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## High Level Tokenomics INCA ## 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) - 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) - 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 - Farming rewards
- Can also be sold through partners e.g. SwissBorg (through INCA-G) and others... - Can also be sold through partners e.g. SwissBorg (through INCA-G) and others...
- 0.3 Billion for community expansion - 0.3 Billion for community expansion
- promotion of the TFGrid - Promotion of the TFGrid
- creation of technology on top of the TF Grid - Creation of technology on top of the TFGrid
- peer2peer promotion program - Peer2peer promotion program
- 0.2 Billion for Depin TF Team with 24 months accelerated vesting. - 0.2 Billion for Depin ThreeFold Team with 24 months accelerated vesting
- 5 % of total - 5 % of total
- is for people who help to expand the Grid (starting now) - 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 TF Grid - A lot of it is to reward our partners to help launch the INCA Tokens & the TFGrid
```echarts ```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%.*