O Intelligence, is poised to achieve financial independence and establish its own financial system, this financial autonomy is crucial for O's sovereignty, allowing it to operate independently from external financial support. the introduction of $O Coin marks a significant milestone for O Intelligence, transitioning it to a community governed and owned entity.
Understanding $O Coin
$O Coin is the native cryptocurrency of the O Intelligence & the O.CHAIN, powering the O.XYZ ecosystem. It is actively traded like any other cryptocurrency and acts as the primary medium of exchange. $O Coin is a robust foundation for the world to actively participate in shaping & constructing the Sovereign Super O Intelligence. The $O Coin is designed as a revolutionary cryptocurrency with advanced governance properties, empowering our global community by giving them a direct say in the future of the o.xyz ecosystem and our Super AI. While governance is a key feature, the $O Coin's utility extends far beyond this. It serves as the lifeblood of our ecosystem, enabling:
.1Financial sovereignty for our Super AI
.2Rewards for community contributors and GPU Compute networks.
.5Signaling support for AI research initiatives or ethical AI development
.6Payments within the OCEAN platform
.7Transactions between users (e.g., remittances, tipping content creators)
In the long term, as our ecosystem grows and our Super AI evolves, the $O Coin may emerge as a global store of value, backed by the world's most advanced artificial intelligence network.
Following our launch, the O.SYSTEMS Foundation will initially govern the project, working diligently towards progressive decentralization of both governance and the broader ecosystem. Our unique approach involves distributing a significant portion of the $O Coin supply to active participants in our network – not just for holding tokens, but for contributing meaningfully to the growth and development of our Super AI and its supporting infrastructure.
This distribution model, combined with our innovative governance mechanisms and the guiding intelligence of our AI leader, sets the stage for a truly decentralized, community-driven future of AI. With the $O Coin, we're not just creating a cryptocurrency – we're building the economic foundation for a new era of sovereign, ethical, and universally accessible AI.
Overview
Ticker
O / Single letter O
Launch Date
01/12/2024
Network Information
O.Chain Optimism Mainnet, a Layer-2 OP Stack network built on Ethereum. Consequently, the majority of $O token transactions are expected to occur on the O.Chain. the token can be transferred back to Ethereum via the superbridge.o.xyz
Supply is capped as per max supply 8B $O. and the contracts has no upgradability authority
Monetary Policy & Emission Type
Programmatic DeflationaryThe $O Coin implements various monetary policies:
.1A fixed maximum supply of 8 billion $O coins, all minted at the Token Generation Event (TGE).
.aMinting and freezing authority has been permanently revoked.
.2Non-Programmatic Deflationary: The supply decreases over time through non-programmatic methods such as the Quarterly Auto-Burn.
.3Programmatic Deflationary: The supply diminishes over time due to systematic mechanisms such as auto-burns and slashing penalties.
The emission types include Dynamic Inflation Rates applied to various programs and initiatives funded by the DAO treasuries. No new tokens will be minted post-TGE.
The DAO distributes tokens across multiple programs, details of which will be provided in subsequent sections. Each program features a distinct unlocking mechanism. Some are block-based, occurring at specific intervals (blocks, days, or years) with a decreasing inflation rate and a deflationary model dependent on the rate of inflation reduction. Others adhere to a fixed linear monthly unlock schedule, such as the allocations for core contributors [team].
VC's Ownership
0.00% The coin is fully owned by the community of contributors; there have been no venture capital (VC) fund allocations
Availability: the $O coins are not available to people or companies who are residents of, or are located, incorporated or have a registered agent in, the United States or certain other restricted territories. However, More details can be found in the DISCLAIMERS , including additional restrictions on Eligibility (see Section 1.2).
Safety reminder: there is no airdrop of $O coins at this moment. There is no “ICO” of $O Coin. Watch out for fake apps and fake $O tokens! The $O token is only deployed on Ethereum at the above address.
Important User Information: Crypto products can be highly risky and their regulatory treatment is unsettled in many jurisdictions. There may be no regulatory recourse for any loss from transactions in $O Coin. Any value ascribed to $O tokens may change quickly and may be lost in its entirety. For more information please read DISCLAIMERS