Tokenomics

Trusta.AI's tokenomics features three distinct types of tokens.

  1. 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.

  2. 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.

  3. 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.

Tokenomics Overview

The total supply of Trusta tokens ($TA) is capped at 1 billion, with an initial circulation of 18%.

Distribution for Early Backers (13%): 13% of the token supply has been allocated to early backers, aimed at ensuring the long-term growth and stability of the protocol. This group includes early institutional investors across different investment rounds who have played a crucial role in providing strategic guidance and support to Trusta's ecosystem.

Distribution for Core Contributors (21%): 21% of the total supply has been designated to the core contributors of Trusta.AI. This allocation is intended for the team members who have been building Trusta.AI since 2022, as well as seasoned crypto experts who have been and will continue to guide the development of the Crypto AI identity layer.

Distribution for Community, Ecosystem & Foundation (66%): A substantial portion of the total token supply, 66%, is allocated to the Community, Ecosystem, and Foundation. These tokens are designated for various ecosystem-related initiatives, including liquidity provisioning (5%), airdrops for early adopters and active participants (3%), community incentives (25%), and marketing campaigns and grants (13%). Additionally, 20% of the tokens are allocated to the Trusta Foundation’s treasury for operational needs and future initiatives.

Distribution

Allocation %

TGE Unlock

Vesting

Early backers (13%)

Seed Investment (9%)

0%

6-month cliff and linear release over the following 18 months

Strategic Investment (4%)

0%

Core Contributors (21%)

Advisor (3%)

0%

12-month cliff and linear release over the following 36 months

Team (18%)

0%

Community, Ecosystem & Foundation (66%)

Liquidity (5%)

5%

Fully released at TGE

Airdrop (3%)

1.5%

After the TGE, the remaining 1.5% will be linear released over the following 6 months

Community incentive (25%)

5%

After the TGE, the 20% will be linear released over the following 48 months

Marketing & Partnership (13%)

6.5%

After the TGE, the remaining 6.5% will be linear released over following 24 months

Foundation Treasury (20%)

0%

6-month cliff and linear release over the following 48 months

Total

100%

18%

Token Release Schedule

The initial supply allocation at the time of the Token Generation Event (TGE) is 18%. This includes 1.5% designated for airdrops, 5% for liquidity, 6.5% for marketing and partnerships, and 5% for community incentives.

Token Utility

Circulation Diagram of $TA

Trusta.AI, as a typical identity protocol for humans and AI, serves a diverse ecosystem of roles, including:

  1. 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.

  2. 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.

  3. 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.

  4. 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.

The Trusta NFT - OG Dragon

The Trusta OG Dragon NFT is more than just an investment. Holding this NFT comes with several benefits:

  1. Zero/Discount Network Service Fees: Enjoy the use of Trusta Identity and AI agents without the burden of network service fees. This exclusive benefit is available only to NFT holders, providing a significant advantage in the AI agent landscape.

  2. Revenue Sharing: Trusta's revenue will be distributed among OG Dragon holders. As the platform expands and service fee volumes increase, your potential for earning passive income grows.

  3. Advanced Functionalities: Unlock special features and enhanced AI agents from Trusta. These functionalities are designed to improve your efficiency and effectiveness.

  4. Governance Rights: NFT holders have greater rights and shares in governance voting events.

Last updated