new plan A

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kristof de spiegeleer 2024-04-09 23:03:11 +02:00
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- [Intro](solana/intro.md)
- [The Plan](solana/theplan.md)
- [Tokenomics](solana/tokenomics.md)
- [Plan A preferred](solana/theplan_a.md)
- [P2P Promotion](solana/peer2peer_promotion.md)
- [Liquidity](solana/liquidity.md)
- [Teams](solana/teams.md)
- [Plan B](solana/theplan_b.md)
- [Collaboration INCA Launch](solana/collab.md)
- [Remuneration](solana/remuneration.md)
- [INCA Reward Certificate](solana/inca_reward.md)
- [Promotion Effort](tfgrid3/promotion.md)
- [Messaging](tfgrid3/messaging.md)
- [Planning](solana/planning.md)
- [TFConnect Spec](solana/tfconnect.md)
- [Project Info](solana/proj_info.md)
- [About us](tfgrid3/who_are_we.md)
- [Utilization](partners_utilization/)
@ -46,6 +44,7 @@
- [Human Right](why/internet_human_right.md)
- [Social Warming](why/social_warming.md)
- [Appendix](solana/appendix.md)
- [TFConnect NG Spec](solana/tfconnect.md)
- [Tokenomics TFGrid 3.14](tfgrid3/tokenomics.md)
- [Farming Reward TFGrid 3](tfgrid3/farming_reward.md)
- [Tokens Overview TFGrid 3](tfgrid3/tokens_overview.md)

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## Solana
- our INCA will be released on Solana blockchain and we are relying on their ecosystem to provide liquidity
- each TFT can be converted to 3 INCA (the exact terms and the way how needs to be defined)
## liquidcrypto

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# Planning
## week 1: April 5
- agreement GoldHawk,Georges & GreenEdge for Airdrop for working together (Sacha) (ASAP)
- intial meetings with GoldHawk, Georges, ... done
- some initial planning for Solana Launch done
technical
- Referral API online (openrcp) to allow TFConnect team to integrate
- specs for reporting page (like Akash)
## week 2: April 12
- review Solana Wiki, update required content
- have some intial teams defined
technical
- first TFConnect with identity management, referrals, ...
## End April
- One way Bridge TFT to Solana
- Alfa version new TF Connect
- Cultivation (TFT incoming) -> automatic TFChain to Stellar , report on reporting page as revenue income for cooperative
> TODO: need to complete
# Done
## 24 March (done)
- system to create tokens & nft on Solana (Kristof)

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![alt text](theplan.png)
# The plan
## 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 = airdrops/rewards for
- promotion
- technical achievements
- reward for farmers and other contributors
- 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 git.threefold.info, clear stories with clear budget allocations and cashflow tracking or time tracking.

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![alt text](theplan.png)
# The plan with INCA and INCA Generator
> INCA = INternet CApacity (is the token of buying/selling Internet/Cloud Capacity)
<br>
> 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.
## How can people acquire an 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 Switserland
- 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.
## High Level Tokenomics INCA
There can never be more than 4 Billion INCA
- 2 Billion for TFT holders
- Will be sold uniquely to TFT Holders (mainly farmers of the current TFGrid)
- We expect to never fully get to this amount, each TFT converted to INCA gets burned (destroyed).
- 0.8 Billion for expansion of farming capacity of the grid
- Will be sold through partners e.g. SwissBorg (through INCA-G)
- 0.8 Billion for community expansion
- promotion of the TFGrid
- farming
- creation of technology on top of the TF Grid
- reward for farmers and other contributors
- peer2peer promotion program
- release schedule: max 40% year 1, 40% year 2, 20 % year 3
- 0.4 Billion for team with 24 months accelerated vesting.
- 10 % 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
```echarts
option = {
title: {
text: 'INCA Token',
subtext: 'Distribution',
left: 'center'
},
tooltip: {
trigger: 'item'
},
series: [
{
name: 'Distribution',
type: 'pie',
radius: '70%',
data: [
{ value: 2, name: 'TF Original Farmers' },
{ value: 0.8, name: 'Farming Rewards' },
{ value: 0.8, name: 'Community Expansion' },
{ value: 0.4, name: 'Team' },
],
emphasis: {
itemStyle: {
shadowBlur: 10,
shadowOffsetX: 0,
shadowColor: 'rgba(0, 0, 0, 0.5)'
}
}
}
]
};
```
*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.*
## INCA-G 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 (MWW)
- 1 ThreeFold DMCC (Adnan)
- 1 TF9 (Kristof)
- 1 Sikana (Greg)
- **5 people with name in community**
- Budgets get allocated to projects on git.threefold.info, clear stories with clear budget allocations and cashflow tracking or time tracking.
## How does TFT related to INCA
- TFT is the original creator farming token and can be used to buy/sell IT capacity (compute, storage, network).
- INCA-G is the new genertor token which produces INCA over 48 months.
TFT Holders can get into INCA and INCA-G in 2 ways
- buy INCA-G tokens: generates INCA over 4 year
- buy INCA tokens: 1 TFT buys 2 INCA tokens.
> note TFT will keep its original purpose, as well as getting a new purpose thanks to INCA-G.
## Technical 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.
#### Metadata for INCA-G
- release date
- list of values, each value is nr of INCA's to be released in a month

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![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 = airdrops/rewards for
- promotion
- technical achievements
- reward for farmers and other contributors
- 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 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: 2500, name: 'Liquidity' },
{ value: 2500, name: 'Airdrops' },
{ value: 2500, name: '3Node Rewards' },
{ value: 2500, name: 'Developer Grants' },
{ value: 5000, name: 'Community 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.
## Distribution Detail
![alt text](tokenomics.png)

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# Tokenomics
# Tokenomics A
> this is only a suggestion, the DePIN advisor team will probably come up with improvements and other requirements.

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# Tokenomics B
> 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: 2500, name: 'Liquidity' },
{ value: 2500, name: 'Airdrops' },
{ value: 2500, name: '3Node Rewards' },
{ value: 2500, name: 'Developer Grants' },
{ value: 5000, name: 'Community 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.
## Distribution Detail
![alt text](tokenomics.png)