Tokenomics Token Teneo Protocol ($TENEO)
2024-11-06Bittime - Teneo Protocol is a blockchain startup that is revolutionizing the way real-world data is used and monetized.
As the first data layer for Decentralized Physical Infrastructure Network (DePIN) and AI, Teneo unlocks previously inaccessible data and integrates it seamlessly into the Web3 ecosystem.
Read about TENEO tokens and TENEO tokenomics is more complete in this article!
What is Teneo Protocol?
Teneo Protocol empowering individuals and organizations to own and monetize their real-world data.
By leveraging blockchain technology, Teneo creates a secure and transparent platform where data can be shared, traded and analyzed.
This innovative approach opens up new opportunities for data-driven applications, from AI and machine learning to predictive analytics and IoT.
Read also: What is Teneo Airdrop: Complete Guide to Earn TENEO Tokens
What is TENEO token?
TENEO token is the native cryptocurrency of Teneo Protocol. It serves as the backbone of the ecosystem, supporting various functions and providing incentives for participation.
Here are the main use cases of the TENEO token:
- Prizes: Users can earn TENEO tokens by sharing their social media data or participating in other network activities.
- Data Access: TENEO tokens can be used to access valuable real-world data, such as social media insights, sensor data and more.
- Governance: TENEO token holders may have the opportunity to participate in governance decisions regarding the future development of the protocol.
- Staking: Users can stake their TENEO tokens to earn additional rewards and support network security.
TENEO Tokenomic
Teneo tokenomics is designed to create a sustainable and growing ecosystem.
Token distribution and allocation are carefully planned to encourage user participation, reward contributors, and ensure the platform's long-term growth.
The maximum supply of $TENEO tokens is capped at 10 billion, to keep the supply stable and prevent inflationary pressure on the token value.
By limiting token issuance, Teneo seeks to maintain long-term stability and potential value appreciation, which benefits the platform as well as its participants.
TENEO Token Allocation
- Community & Partner Incentive Pool: 33,0%
- Allocated for community and partner incentives, to encourage active participation and contribution.
- Public and Private Sales: 25,0%
- Allocated for public and private sales, supporting fundraising and token distribution.
- Team / Core Contributors: 12,0%
- Allocated to the team and core contributors, to support platform development and operations.
- Treasury: 10,0%
- Reserve funds for the platform's future needs, including research and development.
- Early Backers: 8,0%
- For early backers who contributed in the early stages of the project.
- Marketing: 5,0%
- For marketing activities, increasing awareness and adoption of the platform.
- Advisors: 4,0%
- Allocated to advisors who provide strategic and technical guidance.
- CEX / DEX Liquidity: 3,0%
- To provide liquidity on centralized (CEX) and decentralized (DEX) exchanges, ensuring ease of token trading.
Conclusion
Teneo Protocol is at the forefront of the data revolution, empowering individuals and organizations to harness the power of real-world data.
By leveraging innovative blockchain technology and tokenomics, Teneo is creating a new era of data ownership, access and monetization.
As the platform continues to develop, the TENEO token will play an important role in driving the growth and success of the Teneo ecosystem.
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