Tokenomics

Millis AI's token is designed to fuel the platform's growth while offering tangible benefits to users and stakeholders. Below is a detailed breakdown of the tokenomics structure:

Token Utility

  1. Exclusive Discounts: Token holders can access reduced rates for LLM, TTS, and STT services, as well as the base platform fee.

  2. Payment Method: Use tokens to pay for all services on the platform, from integration support to advanced analytics.

  3. Premium Access: Unlock advanced features like priority processing, extended language support, and customizable voice fine-tuning.

  4. Incentives: Reward developers and early adopters for contributions like training new models, identifying bugs, and providing feedback.

  5. Governance: Token holders gain voting rights on platform upgrades, new feature implementation, and future development priorities.

Token Allocation

  • Total Supply: 1,000,000,000 tokens

  • Development Team: 10% (100,000,000 tokens)

    • Reserved for platform maintenance, infrastructure scaling, and ongoing innovation.

    • Vesting period: 12 months, with linear release over 24 months to ensure alignment with long-term goals.

Token Release Schedule

  • Community Rewards: Gradual distribution over 5 years to incentivize sustained participation.

  • Ecosystem Growth Fund: Released based on project milestones and performance metrics.

  • Liquidity: Locked for the first 6 months, with gradual release thereafter.

Benefits for Holders

  • Reduced costs for platform services.

  • Access to premium features and priority support.

  • Governance participation to shape Millis AI's future.

  • Long-term value through ecosystem expansion and innovation.

The token is not just a utility but a cornerstone of the Millis AI ecosystem, fostering collaboration, innovation, and growth.

Last updated