info_tfgrid/collections/projectinca/tokens1/inca1.md
2024-07-08 06:19:57 +02:00

2.1 KiB

High Level Tokenomics INCA

There can never be more than 4 Billion INCA.

  • 50% of supply for Farming
    • People expanding the network with Router & Node capacity over the multiple releases
  • 14% Million for community grants
    • We want to expand and build our project in first place together with the community
  • 1.5% Million for community expansion specifically for INCA
    • Promotion of the TFGrid
  • 5.5% for liquidity providing (DEX, marketmakers, ...)
  • 11.5% originating from "Original Technology Acquisition"
    • ThreeFold and INCA is the result of technology developed in a tech company, which got acquired many years ago, this resulted in a token grant for the stakeholders of that company
  • 17.5% for team and contributor rewards
  • 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
option = {
  title: {
    text: 'INCA Token',
    subtext: 'Distribution',
    left: 'center'
  },
  tooltip: {
    trigger: 'item'
  },
  series: [
    {
      name: 'Distribution',
      type: 'pie',
      radius: '70%',
      data: [
        { value: 2000, name: 'Farming Rewards' },
        { value: 229, name: 'Liquidity' },
        { value: 560, name: 'Community Grants' },
        { value: 460, name: 'Original Technology Acquisition' },
        { value: 60, name: 'Community Expansion' },
        { value: 700, name: 'Team' },
      ],
      emphasis: {
        itemStyle: {
          shadowBlur: 10,
          shadowOffsetX: 0,
          shadowColor: 'rgba(0, 0, 0, 0.5)'
        }
      }
    }
  ]
};

Release Schedule

alt text

The following table shows planned release, some of the mechanisms and details are still being worked on.

Accelerated Vesting means: if INCA gets above 0.5 USD 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%.

For more information about our gen3 token see here.