Chainbase Coin $C
is the native utility and governance token of the Chainbase network, which is a blockchain-based hyperdata platform designed specifically for artificial intelligence (AI) applications and decentralized data infrastructure. Here’s a detailed overview:
Purpose and Ecosystem: Chainbase aims to structure and verify fragmented on-chain data for AI usage, supporting coordination between applications, agents, and users in a decentralized and transparent manner. The network is designed for developers and projects needing standardized, machine-ready blockchain data and currently integrates with over 220 blockchains.
Token Utility: The $C token is used for governance and utility across the platform. Holders can delegate voting power, stake tokens to network nodes for rewards, and earn a share of data query fees. The token also supports interoperability, allowing pairing and exchange with other data-focused cryptocurrencies.
Supply and Distribution: The total supply is 1,000,000,000 $C tokens, with a circulating supply of approximately 160 million. Token distribution prioritizes ecosystem growth, contributor incentives, and community rewards, with detailed allocations for grants, airdrops, node operators, early backers, and the core team. Tokens for the team and early backers vest over three years, with a year-long cliff, while infrastructure and ecosystem incentives vest over longer periods to ensure alignment and sustainable participation
#Chainbase
#chainbaseOfficial
@Chainbase Official