AI is the native utility token of the Sleepless AI platform. It plays a key role in the ecosystem, providing its functionality, decentralized governance, and incentivizing player participation.
Utility of the AI Token:
In-Game Purchases and Transactions:
Purchasing In-Game Items: AI tokens are used to purchase various in-game items, including cosmetic items, clothing, and accessories for AI companions.
Access to Exclusive Features: Some features, such as leveling up companions, unlocking unique maps, or participating in certain activities, may require the use of AI tokens.
Top-ups and Discounts: The token may provide discounts on top-ups or other in-game transactions.
Governance: Holders of AI tokens have voting rights in the Sleepless AI decentralized autonomous organization (DAO). This allows them to participate in making key decisions about the platform's development, such as:
Changes to game mechanics.
Development of new games or features.
Revenue distribution and ecosystem development.
Decision-making regarding treasury usage.
Staking: Users can stake their AI tokens for various benefits:
Access to Privileges: Gaining exclusive access to certain features or events.
Rewards: Earning additional AI tokens or other in-game rewards.
Participation in Competitions (PvP): In some cases, AI tokens may be used to participate in in-game competitions or player versus player (PvP) challenges.
Fee Accrual: A portion of the fees generated by the platform (e.g., from NFT sales or in-game transactions) may be accrued and used for the buyback and burning of AI tokens, creating deflationary pressure.
AI Tokenomics:
Maximum Supply: The total maximum supply of the AI token is 1 billion (1,000,000,000) tokens.
Circulating Supply: As of the end of July 2025, the circulating supply is approximately 364.87 million tokens.
Token Distribution (approximate):
Launchpool/Airdrops: Often a significant portion is allocated for initial distribution among the community through Launchpool (like in the case of Binance) and airdrops to ensure decentralized ownership.
Team: A share for the team with a vesting schedule (e.g., 2-year cliff, then linear vesting) to ensure long-term commitment.
Investors: A share for early investors (e.g., 2-year cliff, then linear vesting).
Treasury/Ecosystem: Reserves for further project development, partnerships, and ecosystem growth incentives.
Liquidity: To ensure liquidity on decentralized and centralized exchanges.
Vesting Mechanisms: Vesting schedules are provided for the team and investors to prevent mass token sell-offs immediately after launch and maintain price stability.
The AI token is a vital component for the Sleepless AI economy, linking gameplay with financial incentives and giving players real participation in the governance and development of the gaming platform.