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$CAI Token

Cuckoo Token $CAI is the meme / utility token for Cuckoo Network.

Total supply

1,000,000,000

Utility

  • Staking: For network participation and earning rewards.
  • Meme: Let the spirit fly!
  • Payments: For transactions within the Cuckoo Network.
  • Governance: To vote on key decisions and protocol upgrades.
  • Rewards: For miners, app builders, and users who contribute to the ecosystem.

Incentives

  • Mining Rewards: A portion of the tokens should be allocated to incentivize miners to contribute GPU resources.
  • Staking Rewards: Allocate tokens for rewarding stakers who help secure the network.
  • Developer Grants: Encourage development by providing grants to builders who create on the Cuckoo Network.

Fair launch

  • Community Allocation : 51%

    • Mining Rewards: 30% for GPU miners.

    • Staking Rewards: 11% for network stakers.

    • Airdrops: 5% to early adopters and active community members.

    • Developer Grants: 5% to incentivize development.

  • Team and Advisors: 20%

    • Team: 15% vested over 4 years.

    • Advisors: 5% vested over 2 years.

  • Ecosystem Fund: 20%

    • Partnerships: 10% for strategic partnerships and collaborations.

    • Marketing and Community Building: 5% to grow the user base.

    • Liquidity Provision: 5% to ensure liquidity on exchanges.

  • Reserve : 9%

    • Future Development: 5% for unforeseen future needs.

    • Emergency Fund: 5% for critical situations.

Key Principles of a Fair Launch​

  1. No Pre-Mining or Insider Allocations:
    • There are no tokens mined or allocated before the public launch. This means that neither the team nor any insiders have an advantage over the community in acquiring the tokens.
  2. Transparent and Open Distribution:
    • The process for acquiring tokens is transparent and open to everyone. Methods include public mining, open staking, or public listing where everyone has equal access.
  3. Equal Opportunity:
    • All participants have the same opportunity to acquire tokens. This can be achieved through mechanisms like initial liquidity mining, airdrops, or public listing without preferential pricing.
  4. Decentralized Control:
    • From the beginning, the project is governed in a decentralized manner, often using a Decentralized Autonomous Organization (DAO) where token holders have a say in the governance and future direction of the project.

Misc Token FAQ​

Where is Cuckoo Chain registered?

What are the airdrop terms and conditions of Cuckoo Network?