Tokenomics
Last updated
Last updated
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, with an initial circulation of 6.8%. A significant portion, 66%, is reserved to support the growth and development of the ecosystem. Within this allocation, the Trusta Foundation's treasury retains 20% for operational purposes and future initiatives. Additionally, 21% is designated for core contributors, while 13% is allocated to early backers who have supported Trusta's vision from the outset.
Distribution
Allocation %
TGE Unlock
Vesting
Early backers (13%)
Seed Investment (9%)
0%
3-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%)
Public sale (2%)
1%
After the TGE, the remaining 1% will be linear released over following 3 months
Liquidity (3%)
3%
Fully released at TGE
Airdrop (3%)
1.5%
After the TGE, the remaining 1.5% will be linear released over following 6 months
Community incentive (25%)
0%
After the TGE, the 20% will be linear released over following 48 months
Marketing & Partnership (13%)
1.3%
After the TGE, the remaining 11.7% will be linear released over following 24 months
Foundation Treasury (20%)
0%
12-month cliff and Foundation vote for vesting
Total
100%
6.8%
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.The tokens allocated to these strategic participants will remain locked at the Token Generation Event (TGE) and distribution will follow the Token Release Schedule.
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.None of these tokens will be unlocked at the Token Generation Event (TGE), and they will follow the Token Release Schedule for unlocking.
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 public sales (2%), liquidity provisioning (3%), 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.
The liquidity provision will be fully released at the Token Generation Event (TGE). None of the other tokens will be unlocked at TGE; they will adhere to the predefined Token Release Schedule for unlocking.
Early Backers (13%): Trusta.AI has allocated 13% of the supply to early backers across different investment rounds, who support our vision for a more trustworthy Web3.
Public Sale (2%): 2% of the supply is allocated to the public sale.
Liquidity (3%): This allocation ensures market stability and efficient trading.
Airdrop (3%): Designed to reward early adopters and active participants.
Marketing & Partnership (13%): Supporting market development and partnetship expansion.
Community Incentive (20%): This portion incentivizes community engagement and rewards development participation.
Team (18%): 18% is allocated to the founding team, who have been building Trusta.AI since 2022 and will continue to guide the development of the Crypto+AI identity layer.
Advisor (3%): This allocation supports strategic guidance and ecosystem development.
Treasury (25%): Tokens are allocated for the treasury to onboard strategic partners, develop the on-chain ecosystem, and facilitate special governance proposals.
This structure ensures that our token distribution promotes both the growth of Trusta.AI and active community participation.
The initial supply allocation at the time of the Token Generation Event (TGE) is 6.8%. This includes 1.5% designated for airdrops, 1% for the public sale, 3% for liquidity, and 1.3% for marketing and partnerships.
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.