PAI Token
PAI Token
PAI is the native utility token of the PencilAI ecosystem. PAI token will serve as the primary medium of exchange within the PencilAI ecosystem, enabling users to access and utilize the various services and functionalities provided by the platform.
The PAI token will have several use cases within the PencilAI ecosystem, including:
Payment for Services: Users will be able to use PAI to pay for various services offered by PencilAI, including access to premium features, analysis tools, and other value-added services.
Governance: PAI token holders will have the ability to participate in platform governance by voting on proposals and making decisions that affect the future direction of the ecosystem.
Staking and Rewards: Users will be able to stake their PAI tokens and earn rewards for participating in the PencilAI ecosystem. This will help incentivize community participation and create a more engaged and active user base.
Liquidity Provision: PAI token holders will be able to provide liquidity to decentralized exchanges (DEXs) and earn fees in return. This will help to create a more liquid and efficient market for the PAI token.
The PAI token will have a total supply of 1 billion, which will be distributed as follows:
Public Sale (40%): This portion of the token distribution is allocated for the public sale, where interested participants can purchase PAI tokens at the specified token price. It allows individuals to contribute and become token holders of Pencil AI.
Team and Advisors (10%): This allocation is reserved for the core team members and advisors who are instrumental in the development and growth of the Pencil AI project. The tokens are typically subject to a vesting schedule to incentivize long-term commitment and align the interests of the team with the project's success.
Foundation and Development (20%): These tokens are dedicated to the foundation and ongoing development of the Pencil AI ecosystem. They are used to support research, technology enhancements, partnerships, and other initiatives necessary for the project's long-term sustainability.
Marketing and Partnerships (15%): This distribution is allocated for marketing activities, including promotional campaigns, community engagement, and strategic partnerships. It aims to create awareness, attract users, and establish collaborations to drive adoption of Pencil AI.
Ecosystem and Community (15%): These tokens are set aside for fostering the growth and engagement of the Pencil AI community. They may be utilized for initiatives such as ecosystem incentives, rewards programs, community grants, and other activities that encourage active participation and contribution from community members.
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