13. Tokenomics

The $CORE Token and its Ecosystem Role

The CoremindAI ecosystem is powered by its native utility token, $CORE. Designed to foster growth, incentivize participation, and ensure the long-term sustainability of the MINDCAP protocol, the $CORE token serves as the economic backbone for all interactions, services, and value exchange within the ecosystem. Its carefully planned distribution and utility are geared towards creating a vibrant, self-sustaining decentralized intelligence network.

Token Details:

• Ticker: $CORE

• Total Supply: 100,000,000 $CORE

• Network: Ethereum (ERC-20)

• Trading Fee: 4% (details on fee distribution and utility will be elaborated in subsequent sections, focusing on mechanisms like buyback-and-burn, liquidity provision, or ecosystem development fund contributions)

• Official Contract Address: TBA (To Be Announced)

The $CORE token is meticulously designed to drive ecosystem growth, ensure sustainable development, and facilitate long-term alignment between contributors, partners, and the community. Here's the planned allocation:

13.1. Token Allocation and Purpose

The total supply of 100,000,000 $CORE tokens is distributed across key strategic categories, each serving a vital function in the development and expansion of the CoremindAI ecosystem:

• Initial Liquidity – 50%

Purpose: This significant portion is allocated for the initial liquidity provision (LP injection) on decentralized exchanges (DEXs). This ensures a healthy and stable trading environment from the outset, facilitating easy access to the $CORE token for early adopters and participants. A robust liquidity pool is crucial for price stability and efficient trading.

• Marketing & Operating Expenditures – 20%

Purpose: This allocation is reserved to support strategic partnerships, global marketing campaigns, robust community building initiatives, and ongoing operational needs of the CoremindAI project. It will fund initiatives aimed at increasing awareness, attracting new users and developers, and fostering a strong, engaged community around the MINDCAP protocol.

• Research & Development – 10%

Purpose: Dedicated to continuous product innovation, essential protocol upgrades, and future technological expansion within the CoremindAI ecosystem. This fund ensures that the project remains at the forefront of decentralized AI development, funding research into advanced Neuroshard capabilities, protocol enhancements, and integration with emerging technologies.

• Team & Advisors – 10%

Purpose: Assigned to the core contributors, founding team members, and strategic advisors who are instrumental in building and guiding the CoremindAI project. This allocation is typically subject to carefully structured vesting schedules (e.g., multi-year lock-ups with cliff periods) to ensure long-term commitment, alignment of interests with the community, and sustained dedication to the project's success.

• CEX Listings – 10%

Purpose: Set aside to facilitate future listings on reputable centralized exchanges (CEXs). Listing on CEXs will significantly enhance the token's accessibility, liquidity, and visibility to a broader investor and user base, contributing to wider adoption and market reach for the $CORE token and the CoremindAI ecosystem.

13.2. Utility of the $CORE Token

Beyond its foundational role in the ecosystem's economy, the $CORE token will encompass a range of utilities, driving demand and fostering active participation:

• Access & Payments: $CORE will be used for accessing premium Neuroshard services, paying for computational resources within the MINDCAP protocol, and transacting on the CoremindAI Marketplace.

• Governance: $CORE token holders will have a voice in the future direction of the CoremindAI ecosystem through a decentralized governance model, enabling them to propose and vote on key decisions.

• Incentivization: Rewarding Neuroshard operators, developers, and community members for their contributions to the ecosystem's growth, data provision, and intellectual expansion.

The strategic allocation and multifaceted utility of the $CORE token are designed to create a vibrant and sustainable economic model, propelling the CoremindAI ecosystem towards its vision of a decentralized, AI-powered future.

-update soon-