new plan A
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- [Intro](solana/intro.md)
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- [The Plan](solana/theplan.md)
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- [Tokenomics](solana/tokenomics.md)
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- [Plan A preferred](solana/theplan_a.md)
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- [P2P Promotion](solana/peer2peer_promotion.md)
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- [Liquidity](solana/liquidity.md)
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- [Teams](solana/teams.md)
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- [Plan B](solana/theplan_b.md)
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- [Collaboration INCA Launch](solana/collab.md)
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- [Remuneration](solana/remuneration.md)
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- [INCA Reward Certificate](solana/inca_reward.md)
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- [Promotion Effort](tfgrid3/promotion.md)
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- [Messaging](tfgrid3/messaging.md)
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- [Planning](solana/planning.md)
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- [TFConnect Spec](solana/tfconnect.md)
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- [Project Info](solana/proj_info.md)
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- [About us](tfgrid3/who_are_we.md)
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- [Utilization](partners_utilization/)
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@ -46,6 +44,7 @@
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- [Human Right](why/internet_human_right.md)
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- [Social Warming](why/social_warming.md)
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- [Appendix](solana/appendix.md)
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- [TFConnect NG Spec](solana/tfconnect.md)
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- [Tokenomics TFGrid 3.14](tfgrid3/tokenomics.md)
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- [Farming Reward TFGrid 3](tfgrid3/farming_reward.md)
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- [Tokens Overview TFGrid 3](tfgrid3/tokens_overview.md)
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## Solana
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- our INCA will be released on Solana blockchain and we are relying on their ecosystem to provide liquidity
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- each TFT can be converted to 3 INCA (the exact terms and the way how needs to be defined)
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## liquidcrypto
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# Planning
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## week 1: April 5
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- agreement GoldHawk,Georges & GreenEdge for Airdrop for working together (Sacha) (ASAP)
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- intial meetings with GoldHawk, Georges, ... done
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- some initial planning for Solana Launch done
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technical
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- Referral API online (openrcp) to allow TFConnect team to integrate
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- specs for reporting page (like Akash)
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## week 2: April 12
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- review Solana Wiki, update required content
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- have some intial teams defined
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technical
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- first TFConnect with identity management, referrals, ...
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## End April
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- One way Bridge TFT to Solana
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- Alfa version new TF Connect
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- Cultivation (TFT incoming) -> automatic TFChain to Stellar , report on reporting page as revenue income for cooperative
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> TODO: need to complete
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# Done
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## 24 March (done)
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- system to create tokens & nft on Solana (Kristof)
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![alt text](theplan.png)
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# The plan
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## Tokens
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- 1 TFT -> 3 INCA
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- the mechanism in which this happens needs to be defined
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- max 4 billion INCA
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## How to go from TFT to INCA
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> 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.
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- mechanism hasn't been defined yet
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- there might be conditions to conversion
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- vesting?
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- requirement to put some cash in a liquidity pool?
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- others?
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## the 1 billion INCA = airdrops/rewards for
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- promotion
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- technical achievements
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- reward for farmers and other contributors
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- peer2peer promotion program
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Governance
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- ThreeFold Wisdom Council, to be created, 9 people, 6 need to agree.
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- 1 OurWorld (MWW)
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- 1 ThreeFold DMCC (Adnan)
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- 1 TF9 (Kristof)
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- 1 Sikana (Greg)
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- **5 people with name in community**
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- 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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collections/solana/theplan_a.md
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collections/solana/theplan_a.md
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![alt text](theplan.png)
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# The plan with INCA and INCA Generator
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> INCA = INternet CApacity (is the token of buying/selling Internet/Cloud Capacity)
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<br>
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> INCA-G = INCA Generator (is a token generating INCA typically over 48 months)
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An INCA-G token generates INCA over a certain period. INCA stands for Internet Capacity token, enabling individuals to buy/sell Internet & Cloud Capacity.
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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).
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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.
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## How can people acquire an INCA-G token?
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### Round 1: SwissBorg & TF Cooperative
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1 INCA-G token generates 15,000 INCA over 48 months
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1 INCA-G can be bought:
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- from SwissBorg for 500 CHF
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- crypto enabled bank in Switserland
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- Maximum sold is 5,000 INCA-G tokens
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- with TFT which is the founder creator currency of the current grid
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- there will never be more than 1 billion TFT
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- 1 INCA-G token costs 10,000 TFT (\*)
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> (\*) The pricing will depend on price of TFT at that moment.
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### Round 2: **A**frica and latin **A**merica INCA-G Tokens (AA)
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1 INCA-G AA Token, generates 10,000 INCA over 48 months
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AA stands for Africa and latin America
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- from SwissBorg for TBD CHF.
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The incoming funds will be used to generate Cloud & Internet capacity in these regions, <br>which are serious growth regions in the world.
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## High Level Tokenomics INCA
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There can never be more than 4 Billion INCA
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- 2 Billion for TFT holders
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- Will be sold uniquely to TFT Holders (mainly farmers of the current TFGrid)
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- We expect to never fully get to this amount, each TFT converted to INCA gets burned (destroyed).
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- 0.8 Billion for expansion of farming capacity of the grid
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- Will be sold through partners e.g. SwissBorg (through INCA-G)
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- 0.8 Billion for community expansion
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- promotion of the TFGrid
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- farming
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- creation of technology on top of the TF Grid
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- reward for farmers and other contributors
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- peer2peer promotion program
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- release schedule: max 40% year 1, 40% year 2, 20 % year 3
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- 0.4 Billion for team with 24 months accelerated vesting.
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- 10 % of total
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- is for people who help to expand the Grid (starting now)
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- a lot of it is to reward our partners to help launch the INCA Tokens & the TF Grid
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```echarts
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option = {
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title: {
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text: 'INCA Token',
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subtext: 'Distribution',
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left: 'center'
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},
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tooltip: {
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trigger: 'item'
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},
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series: [
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{
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name: 'Distribution',
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type: 'pie',
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radius: '70%',
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data: [
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{ value: 2, name: 'TF Original Farmers' },
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{ value: 0.8, name: 'Farming Rewards' },
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{ value: 0.8, name: 'Community Expansion' },
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{ value: 0.4, name: 'Team' },
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],
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emphasis: {
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itemStyle: {
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shadowBlur: 10,
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shadowOffsetX: 0,
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shadowColor: 'rgba(0, 0, 0, 0.5)'
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}
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}
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}
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]
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};
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```
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*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.*
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## INCA-G governance
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A Wisdom Council approves budgets in line to tokenomics above.
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- ThreeFold Wisdom Council, to be created, 9 people, 6 need to agree.
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- 1 OurWorld (MWW)
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- 1 ThreeFold DMCC (Adnan)
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- 1 TF9 (Kristof)
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- 1 Sikana (Greg)
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- **5 people with name in community**
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- 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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## How does TFT related to INCA
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- TFT is the original creator farming token and can be used to buy/sell IT capacity (compute, storage, network).
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- INCA-G is the new genertor token which produces INCA over 48 months.
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TFT Holders can get into INCA and INCA-G in 2 ways
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- buy INCA-G tokens: generates INCA over 4 year
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- buy INCA tokens: 1 TFT buys 2 INCA tokens.
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> note TFT will keep its original purpose, as well as getting a new purpose thanks to INCA-G.
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## Technical TFT, INCA & INCA-G
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#### Implementation
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- TFT is a token on Stellar blockchain (the original farming token)
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- INCA is a token on Solana Blockchain (as digital currency for Internet Capacity)
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- INCA-G Implemented as an NFT on the Solana Blockchain.
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#### Metadata for INCA-G
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- release date
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- list of values, each value is nr of INCA's to be released in a month
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90
collections/solana/theplan_b.md
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collections/solana/theplan_b.md
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![alt text](theplan.png)
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# Plan B
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Simple model where TFT can convert into INCA.
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## Tokens
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- 1 TFT -> 3 INCA
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- the mechanism in which this happens needs to be defined
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- max 4 billion INCA
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## How to go from TFT to INCA
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> 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.
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- mechanism hasn't been defined yet
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- there might be conditions to conversion
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- vesting?
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- requirement to put some cash in a liquidity pool?
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- others?
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## the 1 billion INCA = airdrops/rewards for
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- promotion
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- technical achievements
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- reward for farmers and other contributors
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- peer2peer promotion program
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Governance
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- ThreeFold Wisdom Council, to be created, 9 people, 6 need to agree.
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- 1 OurWorld (MWW)
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- 1 ThreeFold DMCC (Adnan)
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- 1 TF9 (Kristof)
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- 1 Sikana (Greg)
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- **5 people with name in community**
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- 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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# Tokenomics
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> this is only a suggestion, the DePIN advisor team will probably come up with improvements and other requirements.
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The following is the chart suggesting how the INCA might be distributed.
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```echarts
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option = {
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title: {
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text: 'INCA Token',
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subtext: 'Distribution',
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left: 'center'
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},
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tooltip: {
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trigger: 'item'
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},
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series: [
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{
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name: 'Distribution',
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type: 'pie',
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radius: '70%',
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data: [
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{ value: 75000, name: 'TFT Conversion' },
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{ value: 10000, name: 'Farming Rewards' },
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{ value: 2500, name: 'Liquidity' },
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{ value: 2500, name: 'Airdrops' },
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{ value: 2500, name: '3Node Rewards' },
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{ value: 2500, name: 'Developer Grants' },
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{ value: 5000, name: 'Community Grants' }
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],
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emphasis: {
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itemStyle: {
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shadowBlur: 10,
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shadowOffsetX: 0,
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shadowColor: 'rgba(0, 0, 0, 0.5)'
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}
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}
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}
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]
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};
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```
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No INCA tokens are used for funding or reward of existing team, this all comes out of the historical TFT Tokens.
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- The 75% is the big one and is for conversion of TFT to INCA (1 TFT becomes 3 INCA)
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- The other 25% is all for rewarding the ecosystem to make INCA succesfull.
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## Distribution Detail
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![alt text](tokenomics.png)
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# Tokenomics
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# Tokenomics A
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> this is only a suggestion, the DePIN advisor team will probably come up with improvements and other requirements.
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collections/solana/tokenomics_b.md
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# Tokenomics B
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> this is only a suggestion, the DePIN advisor team will probably come up with improvements and other requirements.
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The following is the chart suggesting how the INCA might be distributed.
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```echarts
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option = {
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title: {
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text: 'INCA Token',
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subtext: 'Distribution',
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left: 'center'
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},
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tooltip: {
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trigger: 'item'
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},
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series: [
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{
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name: 'Distribution',
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type: 'pie',
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radius: '70%',
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data: [
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{ value: 75000, name: 'TFT Conversion' },
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{ value: 10000, name: 'Farming Rewards' },
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{ value: 2500, name: 'Liquidity' },
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{ value: 2500, name: 'Airdrops' },
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{ value: 2500, name: '3Node Rewards' },
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{ value: 2500, name: 'Developer Grants' },
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{ value: 5000, name: 'Community Grants' }
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],
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emphasis: {
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itemStyle: {
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shadowBlur: 10,
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shadowOffsetX: 0,
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shadowColor: 'rgba(0, 0, 0, 0.5)'
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}
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}
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}
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]
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};
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```
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No INCA tokens are used for funding or reward of existing team, this all comes out of the historical TFT Tokens.
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- The 75% is the big one and is for conversion of TFT to INCA (1 TFT becomes 3 INCA)
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- The other 25% is all for rewarding the ecosystem to make INCA succesfull.
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## Distribution Detail
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![alt text](tokenomics.png)
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