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

UtilityNet FUND

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Last updated 2 years ago

GRAND TECHNOLOGY INTERNATIONAL LIMITED is an ecological construction fund invested and constructed by the UtilityNet development community.

Capitals with the fund management scale of less than 50% shall be implemented after they are publicized by the development and operation community;

Capitals with the fund management scale of larger than 50% shall be submitted to UtilityNet DAO for reconsideration. If the votes of the reconsideration exceed 51%, it can be executed.

Management capitals/funds of UtilityNet Fund shall be used to but not limited to the following purposes:

1. Investment/incubation of the parallel universe ecological project on the UNC chain

2. Investment/incubation of high-quality projects outside the chain

3. Development, upgrade and maintenance of AI computing network

4. Metaverse open-source project support

5. Investment in research on cutting-edge technologies and thinking topics

6. Special incentive for miner nodes

7. Development of relevant commercial and public investment

8. Blockchain carbon neutral project investment

9. Global population of decentralized concept and public welfare investment

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