AIRTIST
  • GETTING STARTED
    • Welcome
    • Official Links
    • Background
    • What is AIRTIST?
      • Why AIRTIST?
  • AIRTIST ECOSYSTEM
    • Outline
    • Inception
      • Creation of MASTER
      • Creation of the MAESTRO
      • Storage of DNN and Minting of the NFT
    • Manifestation
    • Proliferation
    • Other Technical Features
  • OVERALL CONSIDERATION
    • Why Blockchain?
    • Why MATRIX?
    • Why Ethereum?
      • Why Fractional NFT
    • AIRTIST as a Decentralised Ecosystem
      • Distributed Training
      • Distributed computing
      • Distributed storage
  • TOKENOMICS
    • AIRT Token
    • Token Distribution
    • Token Release Schedule and Rules for the Ecosystem
    • AIRT Mining
    • Utility of AIRTs
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  1. TOKENOMICS

Token Distribution

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Last updated 2 years ago

The platform intends to issue a total amount of 1 billion AIRTs that will be distributed as follows:

• Company: 10%

• Core Team: 15%

• Investors: 5%

• Ecosystem: 10%

• Mining Pool: 60%

The distribution scheme adopts a principle of proportionate share of ownership and voting power between the parties building the infrastructure of the ecosystem and the parties creating and enhancing values of the ecosystem.

As a governance token, AIRT will be used for the certain functions and decisions of AIRTIST with voting on amending or fine-tuning predetermined rules and parameters of the system, AI Artists’ rights on artwork creation, and artwork trading.

Figure 11: Token distribution