The OpenLedger (OPEN) token is the digital token of a platform and blockchain designed for AI (artificial intelligence) applications. Its primary purpose is to create a transparent, trustworthy AI ecosystem, ensuring fair compensation for data creators, model developers, and validators.
Key Highlights
1. What is the OpenLedger platform?
It is an AI blockchain focused on collecting and sharing data through a structure called Datanets. It supports model creation through tools like ModelFactory, as well as efficient model deployment with OpenLoRA.
All contributions—whether data contributions, model creation, or validation—are transparently recorded through a Proof of Attribution system, resulting in credit and rewards based on the quality of their work.
The platform is open to anyone to participate, maintain, or receive rewards through activities such as node creation or testnet contributions. Tokens are distributed as incentives during the testnet.
2. What are the benefits of the OPEN token?
It can be used as a gas fee for various fees, such as using smart contracts or running AI agents.
It can be used for voting in governance — holders can vote on protocol decisions, such as the Treasury budget or system upgrades.
Staking can be used to act as AI agents or nodes within the system. Good performance earns rewards, while failure to do so can result in token slashing.
Contributors to the platform—whether they contribute data, build models, or validate results—will receive token rewards based on their actual contribution value.
3. Launch and Current Price
Official Mainnet Launch An airdrop of 10 million OPEN tokens was held through the Binance HODLer Airdrops program from August 18–21, 2025.
After the launch, the price surged by 200%, with a trading volume of $182 million. Trading took place on numerous exchanges, including Binance, MEXC, Gate.io, Kraken, and KuCoin.
As of September 9, 2025, the average price was around $1.09–$1.10, with a circulating supply of approximately 215 million OPEN out of a total of 1 billion OPEN, or approximately 21.5% of the total.
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