⚡$GRID Token
Last updated
Last updated
$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.
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.
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.
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.
