UtilityNet White Paper
  • ♦️UtilityNet
    • ♦️Preface
    • ♦️Web3 Era
      • Web3 Chance
      • Web3 Challenges
    • ♦️Computing Revolutions
      • Computing era: a new industrial revolution
      • Needsexpansion for computing
      • The development of computing has entered a bottleneck period
      • UtilityNet computing revolution
    • ♦️The Meaning Of UtilityNet
      • Remodeling The Operating Rules Of The World
      • The Meaning Of Life
      • A Higher Level Of Civilization
      • Consensus Of High Performance Distributed AI Computing
    • ♦️Interpretation Of UtilityNet
      • About UtilityNet
      • Initial Aims Of The Team
      • Web3 Infrastructure
      • UtilityNet-- high performance distributed intelligent computing network
      • Computing Cloud And Edge Computing Of UtilityNet
      • Ultra-Heterogeneous Distributed Computing Network Of UtilityNet
      • UtilityNet Makes Metaverse Smarter
      • UtilityNet DAO
      • UtilityNet Client
      • Market Prospect And Future Value Of UtilityNet
    • ♦️Technical Architecture Of UtilityNet
      • Core Architecture
      • Infrastructure
      • Scheduling Protocol Of The CFN Distributed Computing
      • Consensus Mechanism Of HPOS
      • Intelligent Computing Resource Pool
    • ♦️Token Economics Of UtilityNet
      • Introduction To Tokens
      • Miner’s Mining Reward Of AI Computing
      • Mining And Combustion Rules During Test Period
      • GAS Fee Consumption
      • Output Rules
    • ♦️UtilityNet FUND
    • ♦️Growth Paths Of UtilityNet
    • ♦️Developer's Message
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  1. UtilityNet
  2. Token Economics Of UtilityNet

Introduction To Tokens

The tokens whose casting limit is 10 billion UNC are called UtilityNet token.

In the creation block distribution of UtilityNet, 1% is allocated as the DAO organization management and 1% is allocated as the technology node management fund, 1% is used as initial mining fuel, and the remaining 97% is allocated to UtilityNet miners as mining reward, which is used to provide services such as AI computing, blockchain maintenance, data distribution, and running contracts. Over time, these incentives will support multiple types of mining.

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Last updated 2 years ago

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