INITE WHITEPAPER
IniteInfiniteApp
  • Introduction
    • The future of ideation, collaboration, and value creation
  • Market Opportunity
    • Generative AI: A Nascent Revolution, Limited by Access and Misalignment
    • Web3 Meets AI: The Trillion-Dollar Potential of Autonomous Agents
  • The Inite Protocol
    • AI Agents: Personalized Creativity Partners
    • Ideate, Develop, Monetise: An Integrated Platform for Innovators
    • Privacy, Provenance, Profit-Sharing: Enabled by Web3
  • Technology Overview
    • Decentralised Infrastructure: Arweave, IPFS, Soulbound Tokens
    • Developer Ecosystem: Open-Source Building Blocks for Inite Apps
  • Community & Ecosystem
    • Partner Network: Integrations Across Web3 and AI
    • Incentive Flywheel: Rewarding Collaboration at Every Stage
  • Tokenomics
    • INIT: Governance Rights and Staking Rewards
    • IDEA: Medium of Exchange for the Inite Economy
    • Capture Value: Via Marketplace Fees, AI Training, Premium Features
    • Allocation
    • Rounds
  • Roadmap
    • 2020-2021: Building Web3 and AI Foundations
    • 2022: MVP Launch and 10K User Milestone
    • 2023: Custom AI Agents and Ecosystem Integrations
    • 2024: Global Expansion Fueled by Seed Round 2
    • 2025: Autonomous Protocol with Next-Gen AI
  • The Opportunity of a Lifetime
    • For Organizations: Harness Decentralised AI Innovation
    • For Investors: Be Part of a Transformative Web3 and AI Platform
  • Next Steps
    • Join the Community and Shape the Future of Innovation
    • Invest in the Protocol and Capture Value as Inite Grows
    • Join Us on the Journey Ahead
Powered by GitBook
On this page

Was this helpful?

  1. Tokenomics

INIT: Governance Rights and Staking Rewards

INIT is the native governance token of the Inite protocol with a maximum supply capped at 1,000,000,000 tokens, serving as the means through which stakeholders can participate in decision-making and share in the protocol's success. INIT is designed to align the incentives of all participants, from innovators and developers to investors and partners, around the long-term growth and sustainability of the ecosystem.

Key functions of INIT include:

- Governance: INIT holders can propose and vote on protocol upgrades, parameter changes, resource allocation, and other key decisions. The weight of each vote is proportional to the amount of INIT held, ensuring that those with the most skin in the game have the most say.

- Staking: INIT can be staked to secure the network and earn a portion of the protocol's revenue. Stakers help to validate transactions, store data, and provide computational resources to the network, and in return, they receive a percentage of the fees generated by the protocol.

- Collateral: INIT can be used as collateral for various financial activities within the Inite ecosystem, such as taking out loans, insuring against infringement claims, or creating derivative products.

The supply of INIT is fixed and will be distributed over time to contributors, partners, and investors according to a predefined schedule. A portion of the supply will also be allocated to a community treasury, which will be governed by INIT holders and used to fund ecosystem development, marketing efforts, and other strategic initiatives.

PreviousTokenomicsNextIDEA: Medium of Exchange for the Inite Economy

Last updated 1 year ago

Was this helpful?