Token Economy Overview
The $PLANCK token economy is primarily centered around sustainably powering the edge computing network. This is accomplished through the PoUW consensus mechanism allowing node operators (network contributors) to mine $PLANCK rewards by contributing CPU and GPU resources to artificial intelligence application developers. The supply side is balanced by the demand from application developers that integrate open-source API models from the marketplace into their applications. Their API usage directly deducts $PLANCK token balances, creating a pay-to-play business model that charges developers only based on the computational power they consume - scaling with usage.
Token Info
Metric | Value |
Ticker | $PLANCK |
Network's | Planck's Constant-Chain, Ethereum and Avalanche |
Token Sale Currency Denomination | USD |
Total Token Supply | 500,000,000 |
Token Price at Launch | $0.06000 |
Fully Diluted Valuation at Launch Price | $30,000,000 |
Initial Market Cap Without Liquidity | $942,000 |
Initial Market Cap With Liquidity | $1,807,000 |
Initial Circulating Supply | 5.99% |
Total Fundraise | $4,050,000 |
Total Token Sale (Pre-sale Investor Equity) | 26.35% |
Discount from Public to Earliest Round | 80.00% |
Token Use Cases
The following high-level, token use cases encompass the digital asset economy for $PLANCK:
Network Contribution Rewards: $PLANCK mining rewards power the supply side of the network, creating CPU and GPU resources available to developers, while referral rewards and ecosystem support network expansion and encourage greater development on the blockchain.
Payment Barrier: A sustainable economy is achieved by circulating rewards back through the supply side of the network, where developers perform API calls by spending $PLANCK tokens. Third-party applications built on the network can incorporate $PLANCK payments into their applications as well to capture economic activity across applications.
Access Model: Applications built by Planck Network will incorporate access models and incentive structures through the $PLANCK token. The Planck Network DEX, for example.
Value Flow Summary
The Planck Network token incentivizes users to contribute computing resources (CPU and GPU power) to our network,creating a powerful, distributed cloud computing marketplace for developers.
Developers: Benefit from a low-cost, on-demand source of computing power to run their applications.
Network Contributors: Earn tokens in exchange for sharing their computing resources.
The token's value is sustained by a marketplace where developers pay a small fee to access computing resources. A portion of this fee is used to reward network contributors, while a remaining portion is used to maintain and grow the network. This balanced approach ensures a sustainable ecosystem that benefits all participants.
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