⚡$GRID Token

Overview

$GRID is the native utility token of the OpenGRID platform. It powers all transactions within the ecosystem, from renting AI nodes to accessing premium features and staking rewards.

Earning $GRID Tokens

• Node contribution: Earn tokens by contributing your GPU resources to the network.

• Staking: Users can stake their $GRID tokens to earn passive income.

• Marketplace participation: Earn by selling or leasing computational resources or AI models.

Spending $GRID Tokens

• Rent AI nodes: Use $GRID to pay for GPU resources and computational power.

• Access services: Purchase premium services like privacy tools, data storage, and more.

• Buy GPU-powered NFTs: Unlock special privileges in the OpenGRID ecosystem.

Tokenomics

Total Supply: 100,000,000 $GRID

Token Distribution

• Public Sale: 100% (100,000,000 $GRID)

  All tokens will be distributed through a 100% fair launch on Uniswap, ensuring equal access to everyone.

Buy/Sell Tax: 5%

• Ecosystem Expansion (2%): Allocated to expanding OpenGRID’s infrastructure, funding new GPU partnerships, scaling AI node capacity, and developing new features like the Node AI Marketplace and advanced privacy services.

• Staking and Rewards Pool (1%): Dedicated to increasing staking rewards to encourage users to hold and stake $GRID tokens. This helps in contributing to network stability and token scarcity, enhancing the overall value of the ecosystem.

• Research & Development (0.5%): Invested in cutting-edge R&D for developing efficient AI algorithms, scaling decentralized GPU pools, and integrating new AI tools that attract enterprise users.

• Marketing and Community Building (1.5%): Used for marketing efforts, partnerships, and community initiatives to drive awareness, attract new users, and foster a strong community around OpenGRID, thereby increasing the adoption of $GRID tokens.

Token Utility

• Platform Access: $GRID tokens provide access to OpenGRID’s services, including GPU rentals, AI node usage, and premium features.

• Staking: Users can stake $GRID tokens to earn rewards, participate in governance, and access exclusive services.

• Transaction Fees: $GRID tokens are used to pay for transaction fees on the platform, including token transfers and service fees.

• Revenue Share: $GRID holders benefit from revenue sharing within the OpenGRID ecosystem.

• Incentives: Tokens are used to incentivize participation and contributions to the OpenGRID ecosystem, including staking rewards and community-driven initiatives.