Tokenomics
The Securitynet ecosystem is powered by the Securitynet.ai(XN), a BEP-20 token built on the Binance Smart Chain (BSC). The Securitynet.ai Token plays a pivotal role in facilitating access to our AI-powered security services and governing the platform's operations.
Token Distribution
- Initial Token Allocation: 3 billion XN to kens.
- Reserve Pool: 16% → 480 million XN (Ecosystem development, liquidity provision, and strategic partnerships)
- Marketing Fund: 11% → 330 million XN (Team members, advisors, early contributors with vesting schedules)
- Community Growth: 9% → 270 million XN (Bounty programs, airdrops, referral bonuses)
- Management: 6% → 180 million XN
- Founder: 6% → 180 million XN
- Pre-Sale: 5% → 150 million XN
- Research & Innovation: 2% → 60 million XN
Token Utility
- Access our services seamlessly with XN tokens. From AI-powered security to Web AI services and our transparent freelance platform, XN tokens are your key to unlocking top-notch solutions like facial attendance tracking, object detection, and customizable alerts.
- Discounts and Incentives: Users paying with XN tokens receive discounts, exclusive features, and enhanced benefits compared to fiat payments, incentivizing token adoption and increasing demand.
- Voting and Governance: XN token holders have voting rights proportional to their token holdings, enabling them to participate in governance decisions, such as protocol upgrades, feature enhancements, and community proposals.
- Staking and Rewards: XN token holders can stake their tokens to secure the network, validate transactions, and earn rewards in the form of additional XN tokens or transaction fees.
Token Economics
- Fixed Supply: Total token supply capped at 3 billion XN tokens to maintain scarcity and value appreciation potential.
- Token Burn: Implement periodic token burning events, where a percentage of transaction fees or platform revenues are used to buy back and burn XN tokens, reducing token supply and increasing scarcity.
- Token Vesting: Team members, advisors, and early contributors' tokens subject to vesting schedules to prevent token dumping and ensure long-term commitment to the project.
- Economic Model: Design an economic model that balances token distribution, inflation, demand, and utility to create a sustainable ecosystem where the XN token serves as a valuable asset and medium of exchange.
Compliance and Legal Considerations:
- Ensure compliance with relevant regulations, such as securities laws, AML regulations, and KYC requirements, to mitigate legal risks and foster trust among investors and users.
- Conduct thorough audits of smart contracts and security protocols to identify and mitigate potential vulnerabilities, protect user funds, and maintain the integrity of the platform.