OPEN is the native token of the OpenLedger network. �
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The OpenLedger network is a blockchain ecosystem built around AI, data contribution, model development, inference, and reward attribution. It aims to make building, training, deploying AI models, and data ownership more transparent and fairly compensated. �
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⚙️ Key Uses of OPEN
OPEN has several roles within OpenLedger:
Gas / Transaction Fees
Used to pay for transactions, smart contract executions, gas for on-chain AI activities etc. �
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Staking & Incentives
AI agents (models/services) stake OPEN to participate. Poor behavior or performance may lead to slashing; good performance gets rewarded. �
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Data contributors, model developers, validators get rewarded in OPEN based on quality, attribution, utility. �
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Governance
OPEN holders have voting rights to decide on model funding, protocol upgrades, how the treasury is handled, regulations for AI agents etc. �
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Ecosystem & Utility Growth
Bridging between networks (Ethereum ↔ OpenLedger chain) for usage of OPEN. �
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Used for fee structures, attribution, gas etc within AI modules. �
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📊 Tokenomics & Supply
Total supply: 1,000,000,000 OPEN tokens. �
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Initial circulating supply at token launch / generation event (TGE): ~ 21.55% of the total supply. �
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Distribution: roughly broken down among community, ecosystem, team, investors, and liquidity. Some numbers I found:
Community ~ 51.7% �
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Investors ~ 18.29% �
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Team ~ 15% �
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Ecosystem ~ 10% �
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Liquidity ~ 5% �
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💵 Market Data (as of now)
Current price: Around $0.4602 USD per OPEN. �
CoinMarketCap
Market cap: ~$99.18 million. �
CoinMarketCap
Circulating supply: ~215.5 million OPEN (≈21.55% of total supply). �
@OpenLedger #openleague $OPEN