Tokenomics
Trusta.AI's tokenomics features three distinct types of tokens.
The $TA token will be fundamental to the Trusta.AI identity network, transitioning Trusta.AI from a traditional identity provider to a decentralized platform where everyone can engage with and gain from Crypto AI identity solutions. We foresee a future where identity is open, permissionless, reliable, and focused on privacy. This next generation of Crypto AI identity solutions will enable Crypto intelligences to experience “More Trust, Less Friction.”
Before TGE, the eTrusta is the off-chain points implemented by Trusta.AI to incentive early participants. There will be some certain formula that transforms eTrusta to $TA in a fair manner.
The Trusta NFT (OG Dragon) with the token contract 0xE0e126CE63becbECd72bEE4f7673b4e50D5A9965 on the mainnet serves as a symbol of recognition for owners as OGs within the community. While holders of the OG Dragon do not automatically receive voting or ownership rights, they may have the opportunity to be rewarded (based on DAO voting) for their status as OGs and their contributions to the community.
The total supply of Trusta tokens ($TA) is capped at 1 billion. Although the precise token distribution has not yet been finalized, we believe that maximizing the decentralization of tokens is crucial for the democracy and security of Trusta.AI. In the final allocation, a significant portion will be reserved to support the growth and development of the ecosystem. Within this allocation, the Trusta Foundation's treasury will retain a certain percentage for operational purposes and future initiatives. Additionally, a similar percentage will be designated for core contributors, while a portion will be allocated to early backers who have supported Trusta's vision from the beginning.
Trusta.AI, as a typical identity protocol for humans and AI, serves a diverse ecosystem of roles, including:
End Users (or Provers): Individuals who require proof or attestation for their identity statements. For example, humans need to prove their humanity, while AI agents need to validate their identity as AI.
Issuers and Verifiers: These make up the Trusta identity network. Issuers are responsible for issuing attestations to provers, and verifiers are responsible for verifying the prover's attestations.
AI Infrastructure Providers: Providers of data, models, and computing power that enable issuers and verifiers in the Trusta identity network to successfully carry out their designated tasks.
Scenario Providers: Those who create and define contexts in which identities are utilized and valued.
The $TA token has the following primary uses that are indispensable to the proper functioning of the identity network:
Staking Utility: Ecosystem contributors must stake $TA to qualify for providing services.
Issuers on the network are required to stake $TA to gain the authority to issue identities.
Verifiers must stake $TA to be authorized to conduct identity verification.
AI Infrastructure Providers need to stake $TA to validate their roles as providers of data, models, and computing resources.
Both human and AI agents stake $TA to receive discounts on various identities and attestations services. Stakers may also benefit from a share of Trusta.AI's revenue.
Payment Utility: Various roles can engage in value exchanges, with $TA serving as the payment method within the Trusta ecosystem.
End users pay identity and attestation service fees in $TA when applying for and presenting their identities and attestations.
Scenario Providers pay in $TA for Web3 SDK integration and API call transactions.
Issuers and Verifiers compensate Infrastructure Providers in $TA for their contributions to identity identification and verification.
Governance Utility: Holders of $TA can participate in governance voting regarding 1) future directions for Trusta.AI and 2) major strategic initiatives within the Trusta.AI ecosystem.
Mainnet Utility: Stay tuned for upcoming features and advancements on the mainnet. $TA will serve as the gas token, playing a crucial role in mainnet operations, likely used for transaction fees and related services.
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