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tokenomics

:icon-issue-opened: Tokenomics: $BLACK Token

The $BLACK Token is the native utility token of the Blacktail ecosystem, playing a key role in enabling transactions, incentivizing participation, and driving decentralized governance across the platform. By integrating $BLACK into its operations, Blacktail ensures a streamlined and rewarding experience for its users while fostering a sustainable and inclusive ecosystem.

Token Details:

  • Name: Blacktail
  • Symbol: $BLACK
  • Blockchain: Solana (SOL)
  • Total Supply: 1,000,000,000 $BLACK
  • CA: tABry1BGSzqx5FAP4fiWo5VYjWEthsPVvi8GJNwpump

Use Cases:

  1. Access and Transactions:
    Utilize $BLACK tokens to access premium features, activate custom models, or deploy trained AI models within the Blacktail ecosystem.
  2. Developer Rewards:
    Developers earn $BLACK tokens when their models or datasets are used within the platform, promoting innovation and rewarding contributions.
  3. Governance and Voting:
    Token holders gain a voice in the platform’s decision-making, allowing them to vote on proposals, feature updates, and ecosystem direction. (A DAO/Open-sourced community would need to be created for this section to be effective)
  4. Holding and Rewards:
    Hold $BLACK tokens to earn additional rewards, participate in exclusive events, or gain priority access to new features and services.

Revenue Flow:

Blacktail generates revenue through a circular economy model, ensuring value is reinvested into the platform while providing consistent benefits to all stakeholders.

Key Revenue Streams:

  1. Credit Purchases:
    Users purchase credits (paid in Crypto or $BLACK) to utilize tools and services within the platform, including AI training, deployment, and advanced features.
  2. Model Training and Deployment Fees:
    A small fee is applied when users train or deploy custom AI models using Blacktail’s infrastructure.
  3. Marketplace Transactions:
    A transaction fee is applied to purchases within the marketplace, such as model licensing, dataset usage, or AI tool activation.
  4. Premium Features:
    Advanced AI functionalities, custom training options, and exclusive templates are available for users who pay in $BLACK tokens.

Revenue Allocation:

  • Platform Development: a yet to be decided % will be reinvested into improving infrastructure, expanding computational power, and adding new features.
  • Community Rewards: a yet to be decided % distributed among developers, contributors, and holders as rewards.
  • Reserve Pool: a yet to be decided% allocated for strategic initiatives, partnerships, and ensuring ecosystem stability.

Benefits for Token Holders:

  1. Passive Rewards:
    Earn $BLACK tokens through holding, referrals, and community participation.
  2. Access to Exclusive Features:
    Unlock premium models, training tools, deployment infrastructure, and priority listing for AI models.
  3. Participation in Growth:
    Token holders directly benefit from the platform’s increasing user base and transaction volumes as the token value appreciates over time.
  4. Community-Driven Development:
    Influence Blacktail’s evolution by voting on key platform decisions and updates.

Supporting Ecosystem Growth:

  1. Developer Incentives:
    Encourage developers to share their models and tools with built-in rewards for every transaction involving their contributions.
  2. Referral Rewards:
    Introduce new users or developers to Blacktail and earn bonuses in $BLACK tokens, fostering natural ecosystem growth.
  3. Scalable Token Economy:
    As Blacktail scales, $BLACK ensures seamless integration of features and incentives while maintaining fair value distribution across the ecosystem.

Vision for Tokenomics:

The $BLACK tokenomics model is designed to fuel a thriving, decentralized ecosystem that aligns the interests of all stakeholders, developers, users, and investors. Through sustainable rewards and governance mechanisms, $BLACK incentivizes participation while driving innovation and collaboration in the AI space.