# 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.