O Coin is integral to our decetralized and community-driven platform and empowers various use cases and provides benefits for different stakeholders within the O.XYZ ecosystem. From incentivizing contributions to ensuring computational independence, consumer benefits, and other applications as further described below.
Key Use Cases
Incentivize Contributors
Community members are encouraged to actively contribute to the project’s development through our Operator program. This ensures scalable community engagement across various critical sectors. By participating in the Operator program, we foster a vibrant community of engaged and rewarded participants. This initiative brings together diverse skills and knowledge from around the globe to propel the development of O through specialized roles, including Marketing, Engineering, Data, and Safety and Bug Hunting.
Owners of Atlas Datacenters and GPU DePIN networks, including io.net, are compensated with O Coin. This ensures our infrastructure remains independent and resilient, supporting the decentralized nature of O.XYZ.
O Coin enables participation in governance activities, including voting rights, proposal submissions, and staking for governance. Users are encouraged to stake their O Coin to engage in governance activities, demonstrating a long-term commitment to the project.
Users can acquire monthly subscriptions or NFTs using O Coin to access services within the O.XYZ ecosystem. This includes Ocean, our Software as a Service (SaaS) product, available as web and mobile applications through subscription models.
Organizations will use $O Coin to cover API metering-based consumption across our MLaaS offerings. Developers and enterprises will seamlessly integrate Ocean's AI functionalities into their applications, with payments tailored to usage volume. You will be able to use the O Coin as credit for the use of APIs, similarly to OpenAI's token model, which includes options for temporary high-volume API access at premium rates.
Payment railways Any product operating within the o.xyz ecosystem is required to utilize $O Coin as the exclusive payment method internally. Regardless of whether the payment for purchasing O Coin is made using Visa or USDC, there are mechanisms in place that automatically initiate a purchase of $O Coin from the open market, equivalent to the transaction value.
Auto-Burn $O utilizes a robust real-time burning mechanism where a steadfast 90% of the revenue from products or transaction fees is consistently burned. The remaining 10% of the revenue is strategically allocated to the Blackswan treasury.
Quarterly Auto-Burn Products like ocean.o.xyz and o.capital offer Enterprise and SaaS solutions that generate substantial Recurring Revenue. Once collected, this revenue is converted to $O Coin, with 90% of these coins being transferred to the Quarterly Auto-Burn wallets and subsequently BURNED. This process effectively removes the coins from circulation, reducing the total supply. The remaining 10% of revenue is allocated to the Blackswan treasury.