Open - Tokenomics
The native token powering the OpenLedger AI blockchain
Designed for real-world AI utility, OPEN powers the OpenLedger AI blockchain. It brings together model developers, data contributors, validators, and users under a shared economic system that rewards participation and enforces attribution.
Ticker: OPEN
Token Standard**: ERC20
Total Supply: 1,000,000,000
Initial Circulating Supply: 21.55%
Community and Ecosystem Allocation: 61.71%
The token powers three core processes across the OpenLedger network.
First, it is used as gas for all activity on the OpenLedger AI blockchain.
Second, it acts as the primary fee token for running inference and building new AI models. Third, it functions as the reward mechanism for data contributors through the Proof of Attribution system.
We expect the utility of $OPEN to expand as the network grows. As community projects, models, and agents evolve from the OpenLedger AI blockchain, $OPEN will be integrated into each layer. More utilities will be added over time based on how the ecosystem develops.@OpenLedger #OpenLedger