Cloud Docs
  • Overview
  • Introduction
    • Background
    • Problem Statement
    • Objectives
  • Market Analysis
    • Industry Overview
    • Target Market
    • Competitive Landscape
    • Market Opportunity
  • The $CLOUD Token
    • Tokenomics
    • Allocation and Distribution
    • Buy and Sell Tax Structure
    • Token Utility
  • Staking Mechanism
    • Staking Protocol
    • Reward Distribution
    • Security Measures
  • On-Demand GPU Rental Platform
    • Platform Architecture
    • User Authentication and Payment Systems
    • GPU Integration / Hosting
    • One-Click Deployment and Templates
    • User Workflow
  • Development of the $CLOUD SDK
    • Purpose and Goals
    • Features and Capabilities
    • Enhancing Network Scalability
    • Technical Implementation
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  1. The $CLOUD Token

Tokenomics

The $CLOUD Token

Token Specifications

  • Token Name: $CLOUD

  • Symbol: $CLOUD

  • CA: TBA

  • Platform: Ethereum (ERC-20 Standard)

  • Total Supply: 21,000,000 $CLOUD

  • Decimals: 18

Tokenomics

The $CLOUD token is the cornerstone of the ecosystem, serving multiple functions:

  • Medium of Exchange: Facilitates transactions between GPU providers and renters within the platform (at Mainnet Launch)

  • Incentive Mechanism: Rewards participants for contributing resources, staking tokens, and engaging with the platform.

  • Utility Token: Grants access to platform features, discounts, and premium services.

  • Governance Participation: While the governance model is currently not active, future developments may allow token holders to participate in decision-making processes.

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Last updated 2 months ago