info_tfgrid/collections/projectinca/tokenomics/incag.md
2024-08-17 13:22:25 +02:00

1.2 KiB

There are multiple tokens in the ThreeFold ecosystem:

  • INCA = INternet CApacity (is the token of buying/selling Internet/Cloud Capacity)

  • INCAG = INCA Generator token, mints token over time

  • TFT = the creator token for grid 3.x, can convert at any time in INCAG Token

  • 4 billion INCA will be created

INCA-G

INCA-G = INCA Generator (is a token generating INCA)

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 to Acquire the INCA-G Token?

  • converting from TFT
  • buying from a pool as generated by a farming pool (others farm on your behalf)
  • as an investor

Properties of a Generator Token

see Generator Token