Tokenomics

"Giving Global Investors, SoraChain AI, & AI powered Decentralised experience in a Blockchain Stage”

Where both Investors and Businesses are Rewarded.

Quick Token Facts.

The entire SoraChain AI-Powered Crypto Community DAO will operate on SORAChain AI Token.

It serves multiple functions within the network, including governance, staking, and incentivizing participation. SORACAT token holders can participate in consensus mechanisms, vote on network proposals, and stake their tokens to secure the network and earn rewards.

Supply: The SORAChain AI native token is a capped supply token. The circulating supply at launch will be approximately 180 million tokens, and the total cap is fixed at 1 billion tokens.

Token utility: The SORAChain AI token will be used for transaction fees, staking, and delegation at the consensus layer.

Staking rewards: ~100 million tokens will be automatically paid out as staking rewards to stakers and delegators for securing the network over time.

Governance: SORA AI token holders can vote on network governance decisions on SORA network backed by SUM model on blockchain.

Native Liquidity & Collateral: SORA AI token can be used in network ecosystem to serve as native liquidity.

Token Distribution

Token Distribution

Team- The foundation team who is working diligently to make globally renowned project.

Mentor & Advisor- The people with their astounding knowledge and network makes the mission of truly decentralize AI solution platform successful.

Early Investors- The visionaries who have trusted in the mission and are in here for the long term.

IDO/Presale- Public who are standing with us to drive the Next Generation truly decentralize AI platform.

Ecosystem & Partnership- Every big vision needs big hands and big ecosystem to flourish. SORAChain AI team knows this and partnership will play a huge role in future.

Foundation Treasury-the treasury, governed to incentivize network development for future expansion.

Staking & rewards- For the security of the network, in exchange stacker are rewarded with the SORAChain AI token. SORACAT staking also allows the community to play a critical role in decentralised governance

Token Utility and Use Cases

The SORAChain AI Token (SORACAT) represents a groundbreaking innovation at the intersection of artificial intelligence (AI) and blockchain technology. With its unique combination of staking and governance features, $SORACAT offers a wide range of use cases and utilities that promise to reshape the landscape of AI-driven applications. Here are some detailed examples of how SORACAT can be leveraged:

1. Data Sharing and Collaboration:

   • SORACAT enables secure and decentralized data sharing among AI researchers, developers, and data providers. Users can stake SORACAT tokens to participate in data sharing pools, where they contribute datasets for model training in exchange for rewards. Governance mechanisms allow token holders to vote on data sharing policies and distribution mechanisms, ensuring fairness and transparency in data collaboration.

   • How?: SCAT facilitates secure data sharing among AI researchers by allowing them to stake tokens to participate in data sharing pools.

2. AI Model Governance and Transparency:

   • SORACAT empowers token holders to govern the development and deployment of AI models on the blockchain. Staking SORACAT tokens grants voting rights in governance proposals related to model validation, auditing, and updates. This ensures that AI models deployed on the blockchain are transparent, accountable, and aligned with community interests and values.

   • How?: Token holders can stake SCAT tokens to vote on governance proposals related to AI model validation, auditing, and updates.

3. Incentive Mechanisms for AI Research and Development:

   • SORACAT incentivizes AI researchers and developers to contribute to the advancement of AI technology. Staking SORACAT tokens allows individuals and organizations to propose and fund AI research projects through governance-approved grants. This fosters innovation and collaboration in the AI community, driving progress and breakthroughs in AI research and development.

   • How?: SCAT incentivizes AI researchers to propose and fund research projects through governance-approved grants and contribute to adoption of its robust framework based onthe principles of federated learning to integrate multiple publicly trained LLM's on the network.

4. Decentralized Autonomous Organizations (DAOs):

   • SORACAT facilitates the creation of DAOs governed by smart contracts and powered by staked tokens. DAOs enable decentralized decision-making and resource allocation for AI-related initiatives, such as funding research projects, managing data sharing protocols, or curating AI model marketplaces. Governance features ensure that DAOs operate transparently and democratically, with token holders collectively shaping the direction and priorities of AI initiatives.

In summary, the SoraChain AI Token (SORACAT) provides a comprehensive platform for integrating AI and blockchain technology, with staking and governance features that drive innovation and collaboration in the AI community

Category	Distribution Ratio	Distribution Amt	Token Release
Core Contributors	18%	180000000	36 months linear release
Advisor	6%	60000000	25m initial release, rest monthly over 30 months
Early Backers	12%	120000000	30m initial release, rest monthly over 36 months
IDO/PreSale	10%	100000000	50m at TGE ,rest monthly linear release over 6 months
EcoSystem & PartnerShip	22%	220000000	50m intial release at TGE, rest linear release over 48 months
Community	32%	320000000	50m at TGE , rest linear release over 36 months

The total supply of the token is 1 billion token. The total amount of unlocked tokens determines the current circulating supply.

Efforts Towards Transparency

In the future, these metrics will be displayed through a dashboard in an effort towards transparency. Furthermore, once the contracts are deployed, they will be verified and published on-chain.