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- [Intro](solana/intro.md)
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- [Plan A](solana/theplan_b.md)
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- [The Plan](solana/theplan_c.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_a.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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@ -1,6 +1,6 @@
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#!/bin/bash
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set -ex
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hero mdbook -u https://git.ourworld.tf/tfgrid/info_tfgrid/src/branch/main/heroscript/solana
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rsync -rv ~/hero/www/info/solana/ root@info.ourworld.tf:/root/hero/www/friends/solana/
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hero mdbook -u https://git.ourworld.tf/tfgrid/info_tfgrid/src/branch/main/heroscript/projectinca
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rsync -rv ~/hero/www/info/solana/ root@info.ourworld.tf:/root/hero/www/friends/projectinca/
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echo "**OK**"
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1
collections/projectinca/SUMMARY.md
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../../books/projectinca/SUMMARY.md
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134
collections/projectinca/theplan_c.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 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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- 0.8 Billion for expansion of farming capacity of the grid
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- Will be sold through partners e.g. SwissBorg (through INCA-G) and others...
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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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# Tokenomics A
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# Tokenomics INCA
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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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> this is 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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text: 'INCA Token',z
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subtext: 'Distribution',
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left: 'center'
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},
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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: 50000, name: 'TFT Conversion' },
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{ value: 25000, name: 'INCA Cloud' },
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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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@ -40,9 +41,10 @@ option = {
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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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- 0-50% allows ThreeFold Token (TFT) holders to swap into INCA Cloud Tokens if they would like to switch Cloud.
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- 25% of 1 Billion INCA is sold as a pre-sale for people who are buying cloud capacity from INCA Cloud.
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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 50% 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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../../books/solana/SUMMARY.md
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<!-- ![](img/chi.png) -->
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![](img/chi2.png)
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# INCA a stable asset backed currency
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# INCA Fuel a stable asset backed currency
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INCA is ThreeFold's native, asset-backed[Mutual Credit](p2p:mutualcredit) currency. It enables individuals to earn income by serving as cloud providers, while allowing others to pay for the cloud services received.
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@ -10,11 +10,13 @@ INCA is ThreeFold's native, asset-backed[Mutual Credit](p2p:mutualcredit) curren
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## How does it work
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INCA is a contractual service obligation, redeemable for a service as deliverd on [TFGrid](def:tfgrid.md). INCA is a mutual-credit accounting system capable of performing billions of daily microtransactions. Its primary use is for a [Cloud Developer](def:cloud_dev.md) to pay a [Cloud Provider](def:cloud_provider.md) for their services.
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INCA is a contractual service obligation, redeemable for a service as deliverd on [TFGrid](def:tfgrid.md).
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INCA is not really a digital currency, it can be used as such but practically its a mutual credit, a promise to something in the futurel, that promise is recorded in each INCA Note. The INCA Note's (the mutal credit) can be transfered to someone else but the properties stay the same.
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INCA Fuel is a mutual-credit accounting system capable of performing billions of daily microtransactions. Its primary use is for a [Cloud Developer](def:cloud_dev.md) to pay a [Cloud Provider](def:cloud_provider.md) for their services.
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## INCA benefits:
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INCA Fuel is not really a digital currency, it can be used as such but practically its a mutual credit, a promise to something in the futurel, that promise is recorded in each INCA Promise. The INCA Note's (the mutal credit) can be transfered to someone else but the properties stay the same.
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## INCA Fuel benefits:
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- A completely peer-to-peer crypto currency.
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- Optimized for high speed and minimal fees.
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```js
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!!book.generate name:'solana' title:'ThreeFold Grid Solana Launch'
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url:'https://git.ourworld.tf/tfgrid/info_tfgrid/src/branch/main/books/solana'
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!!book.generate name:'projectinca' title:'Project Inca Launch'
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url:'https://git.ourworld.tf/tfgrid/info_tfgrid/src/branch/main/books/projectinca'
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!!doctree.add
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url:'https://git.ourworld.tf/tfgrid/info_tfgrid/src/branch/main/collections/tech'
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!!doctree.add
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url:'https://git.ourworld.tf/tfgrid/info_tfgrid/src/branch/main/collections/solana'
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url:'https://git.ourworld.tf/tfgrid/info_tfgrid/src/branch/main/collections/projectinca'
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!!doctree.add
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url:'https://git.ourworld.tf/tfgrid/info_tfgrid/src/branch/main/collections/projectmycelium'
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