AiGO NETWORK
  • AiGO Network Whitepaper
    • AiGO Mission Statement
      • DePIN, SoulBound NFTs and Interoperability Protocols
    • Decentralizing the Mobility Data Market with IoT and Blockchain Technology
      • Problem Statement
      • The AiGO Solution
    • AiGO Network Architecture
      • The AiGO Application
      • Data Relay and Verification
      • Information layer
      • Operational Sequence
      • Geo-location Data Marketplace
    • AiGO Token
      • Token Distribution
      • Token Utility
    • Economy Model
    • Financial and Sustainability Plan
      • Revenue Units
    • Roadmap
    • Conclusion
  • AiGO Apps Tutorial
  • Official Links
  • Disclaimer
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  1. AiGO Network Whitepaper
  2. AiGO Token

Token Utility

Here are the primary use cases of the AiGO token. Note this list is expected to expand as the project grows;

Governance

The administration of the AiGO network will be progressively decentralized until we achieve a completely community-led governance. We will adopt a DAO-style governance run by AiGO token holders. The community’s jurisdiction will expand as the network goes public over time. The community will reach a consensus over well-described proposals. The DAO portal will be structured to implement the provisions of the governance model, including the voting system, conflict resolution system, and implementation of community decisions.

Staking Mechanism and Governance Participation

Our platform implements a staking mechanism designed to encourage active participation in the network's governance and operation. Token holders have the opportunity to stake their tokens, which grants them the ability to engage in governance activities such as voting on protocol updates, proposing improvements, and contributing to community discussions.

By staking tokens, participants demonstrate their commitment to the network's continued growth and stability. In recognition of their active involvement and contribution, stakers may receive additional tokens as a form of appreciation for their support. This system fosters a collaborative environment where the interests of all participants are aligned with the long-term success and security of the network.

This staking mechanism is purely participatory and is intended to enhance user engagement within the platform. It does not confer any ownership rights, guarantees of profit, or expectations of investment returns. Instead, it serves as a means to empower users to have a meaningful impact on the development and direction of the project.

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Last updated 7 months ago