# Tokenomics

<figure><img src="/files/EhoM2jjfVOPsie9h0ghu" alt=""><figcaption><p><a href="https://x.com/ChatDKG/status/1750264042000683114?s=20"><strong>Source</strong></a></p></figcaption></figure>

## **TRAC token**

<figure><img src="/files/qNOV61saW1tirkKYfoJP" alt="" width="200"><figcaption></figcaption></figure>

<table><thead><tr><th width="222">Fact sheet</th><th> </th></tr></thead><tbody><tr><td>Max supply</td><td>500M</td></tr><tr><td><strong>Circulating supply</strong></td><td><p>402M </p><p>95M tagged for dev pool (remainder 98M tagged for dev pool) </p></td></tr><tr><td>Dev pool</td><td><a href="https://etherscan.io/token/0xaa7a9ca87d3694b5755f213b5d04094b8d0f0a6f?a=0x386814732655e06ceabdb1aa6014bac9cf5ebbd4"><strong>95M</strong></a> TRAC tp uphold the OriginTrail decentralized ecosystem development and for grant programs</td></tr><tr><td><strong>Inflation</strong></td><td>None</td></tr><tr><td>Distribution</td><td>Fully distributed during ICO</td></tr><tr><td><strong>Markets with liquidity</strong></td><td>Coinbase, Kucoin, Uniswap</td></tr><tr><td><strong>Token Sale</strong></td><td>Completed on January 17th, 2018</td></tr><tr><td><strong>Token Standard</strong></td><td>ERC-20</td></tr><tr><td><strong>ICO price</strong></td><td>$0.10 (0.00007968 ETH)</td></tr><tr><td>Contract Address</td><td>0xaa7a9ca87d3694b5755f213b5d04094b8d0f0a6f</td></tr><tr><td>Whitepaper</td><td><a href="https://origintrail.io/storage/documents/OriginTrail-White-Paper.pdf"><strong>Original 2017 whitepaper</strong></a> <strong>/</strong> <a href="https://parachain.origintrail.io/whitepaper"><strong>New 2022 whitepaper</strong></a></td></tr></tbody></table>

<figure><img src="/files/TkyaEdubbxv1dzoIkvRH" alt=""><figcaption><p><a href="https://medium.com/origintrail/️-trace-token-sale-presale-min-contribution-5-eth-discounts-and-no-tokens-burned-policy-807f0e640b8e"><strong>Source</strong></a></p></figcaption></figure>

<figure><img src="/files/xxh1ivPgu2rZjJdQjfP8" alt=""><figcaption><p><a href="https://icodrops.com/origintrail/"><strong>Source</strong></a></p></figcaption></figure>

## TRAC Utility

OriginTrail TRAC layer-2 token is the life and blood of the entire ecosystem. It is required to perform all operations on the DKG. It is an utility token that drives the entire network:

* **Creating and updating knowledge assets**

Asset creators, such as enterprises, governements and retail, must spend TRAC to compensate decentralized node runners for holding their data for a period of time. This will be the main driver for TRAC’s tokenomics.

<figure><img src="/files/QfwGrSt42bADPzI50IR8" alt=""><figcaption><p><a href="https://dkg.origintrail.io/explore?ual=did:dkg:otp:2043/0x5cAC41237127F94c2D21dAe0b14bFeFa99880630/2838175"><strong>Source</strong></a></p></figcaption></figure>

* **Delegated staking to nodes**

Both node runners and delegators can stake TRAC on their node as a collateral for holding knowledge assets. The more TRAC locked up in a node, the more likely the node is selected to earn TRAC from asset creators. Node runners set an operator fee for staking on their node.&#x20;

<figure><img src="/files/VtdtOLaYzFLUukuSQ63h" alt=""><figcaption></figcaption></figure>

* **Keyword staking** – Assets owners can lock up TRAC to have their assets prioritized in a search result for a particular keyword, similar to [Google AdSense](https://www.google.com/adsense/start/). This is akin to a decentralized form of marketing spending in Web3 fashion.
* **Data marketplace** – TRAC as a fungible token under ERC-20 standards is transferable and usable in any way ERC-20 assets are. TRAC can therefore be used in smart contracts that allow TRAC to be used as a compensation token for selling or buying assets. Data creators can earn from ownership of valuable data assets.

NeuroWebAI supercharges these data marketplaces with the addition of **knowledge tokens, knowledge wallets, the knowledge marketplace, and knowledge tenders**. They allow individuals to buy and sell data in a trusted, private way. Because this is tied into to the Polkadot ecosystem, all Polkadot/Kusama projects will be able to utilize this feature. Please see the [2021 Roadmap for a very in-depth look](https://medium.com/origintrail/origintrail-2021-expanded-roadmap-accelerating-growth-through-starfleet-polkadot-and-knowledge-2a1c170daaf3) at this use case.

<figure><img src="/files/vJs3nyOjBwGBocshHvKq" alt=""><figcaption></figcaption></figure>

## NEURO **token**

<figure><img src="/files/gOFzFYqfRglENoJaqMkH" alt="" width="200"><figcaption></figcaption></figure>

<table><thead><tr><th width="238">Fact sheet</th><th> </th></tr></thead><tbody><tr><td><strong>Max supply</strong></td><td><strong>1B</strong></td></tr><tr><td><strong>Circulating supply</strong></td><td>Consult <a href="https://origintrail.io/documents/OriginTrail_Ecosystem_White_Paper_2.0.pdf"><strong>Whitepaper 2.0</strong></a> for details</td></tr><tr><td><strong>Inflation</strong></td><td>5% inflation rate per year up to 1B max supply</td></tr><tr><td><strong>Distribution</strong></td><td><ul><li>The initial distribution (first 2 years) is planned to be 500M tokens</li><li><strong>25%</strong> of the genesis distribution comes <strong>unlocked</strong></li><li><strong>75%</strong> of the distribution is <strong>unlocked progressively over the course of the 2 years</strong></li></ul><p>Consult <a href="https://origintrail.io/documents/OriginTrail_Ecosystem_White_Paper_2.0.pdf"><strong>Whitepaper 2.0</strong></a> for details</p></td></tr><tr><td><strong>Markets with Liquidity</strong></td><td>Stellaswap</td></tr><tr><td>Token Sale</td><td>Initial Auction Distribution (concluded)</td></tr><tr><td>Whitepaper</td><td><a href="https://origintrail.io/documents/OriginTrail_Ecosystem_White_Paper_2.0.pdf"><strong>Whitepaper 2.0</strong></a></td></tr></tbody></table>

<div><figure><img src="/files/DLyFWzTZJ7kgcRVvYl9r" alt="" width="563"><figcaption></figcaption></figure> <figure><img src="/files/9dBOxQYx0KXBkpAjz5sV" alt=""><figcaption></figcaption></figure></div>

{% hint style="info" %}
NeuroWebAI (NEURO) was formerly known as OriginTrail Parachain (OTP)
{% endhint %}

<figure><img src="/files/pmjd2sHpbRhYXIyC64dw" alt=""><figcaption></figcaption></figure>

<figure><img src="https://parachain.origintrail.io/storage/whitepaper-content/April2022/img-layer-2-ot-dkg@2x.jpg" alt=""><figcaption></figcaption></figure>

## NEURO Utility

* **Knowledge Mining**

Refer to the [**Knowledge Mining**](#knowledge-mining) section below.

* **Gas fees**

NEURO is used as gas fee for transactions, smart contracts and graph contracts (released at a later date) on NeuroWebAI.

* **Incentivizing collators**&#x20;

Collators who perform network functions are required to lock up NEURO to signal the amount of stake they are willing to keep locked for a period of time in order to receive NEURO rewards. The higher the locked amount, the greater the chance a collator candidate gets placed in the group of rewarded collators.

* **Delegate to collators**

NEURO holders who are not collators can delegate their NEURO and earn a part of the reward.

* **Governance and voting**

NEURO holders can lock their NEURO to vote on update proposals for NeuroWebAI and community treasury proposals.

* **Data marketplace**

NEURO as a fungible token, just like TRAC, can be used in a data marketplace environment using smart contracts.

<figure><img src="/files/VQqteZATRZesmUg7Tb7N" alt=""><figcaption></figcaption></figure>

### Knowledge Mining

<figure><img src="/files/VvqXfizXcvhAF7uuam09" alt=""><figcaption><p><a href="https://medium.com/origintrail/knowledge-mining-for-decentralized-ai-cac6e7271354"><strong>Source</strong></a></p></figcaption></figure>

Knowledge Mining is a decentralized method to expand the trusted knowledge base for humanity, supported by the NEURO token on NeuroWebAI. This initiative is designed to incentivize the creation of high-quality, blockchain-tracked knowledge assets, with support from the EU's Next Generation Internet initiative and Trace Labs, core developers of OriginTrail.

Key points include:

* The OriginTrail Decentralized Knowledge Graph (DKG) facilitates the creation, discovery, and verification of knowledge assets, with significant adoption by global companies.
* Knowledge Mining encourages the contribution of valuable knowledge to the DKG, rewarding contributors with NEURO tokens and leveraging blockchain technology for data provenance and security.
* The beta Knowledge Mining program, part of the Metcalfe Genesis phase, aims to validate and refine the Knowledge Mining process, with initial focus areas in the OriginTrail ecosystem and the construction industry.
* The transformation of OriginTrail Parachain to NeuroWeb marks a strategic shift towards a blockchain platform dedicated to knowledge-centric functions and Knowledge Mining.
* A community referendum is scheduled to confirm the Knowledge Mining mechanics and the transition to NeuroWeb, with the Genesis Knowledge Mining beta program set to begin in January 2024.

This initiative represents a significant step towards creating a decentralized, global intelligence network, leveraging synergies between blockchain technologies and knowledge graphs to foster a trusted, collaborative knowledge base.


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://tracdeepdive.gitbook.io/deepdive/foundation/tokenomics.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.