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DePIN Launch

ThreeFold is expanding to the Depin market.

  • TFT is the token for the TFGrid 3.x
  • INCA is the token for the TFGrid 4.x
  • 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.

The TFT is our creator and founder tokens, INCA is for our commercialization.

INCA will be used on our INCA marketplace

We launch 2 new tokens called INCA and INCA-G

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


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.

!!wiki.include page:'projectinca:inca.md'

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: Africa and latin America 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,
which are serious growth regions in the world.

INCA 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 (Kristof)
    • 1 ThreeFold DMCC (Adnan)
    • 1 TF9 (Jan)
    • 1 Sikana (Greg)
    • 1 CodeScalers (Nayer)
    • 1 ThreeFold COOP (Sabrina), the COOP will still be created.
    • 1 GreenEdge (MWW)
    • *we start with 7 but will need 2 more people
  • Budgets get allocated to projects on git.threefold.info, clear stories with clear budget allocations and cashflow tracking or time tracking.

TFT

Right now there are +-960m TFT, there can max be 4 Billion TFT.

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.

All can and will be bridged on multiple blockchains.

Metadata for INCA-G

  • release date
  • list of values, each value is nr of INCA's to be released in a month