Well Designed Tokenomics

Conscious Network's innovative tokenomics model is designed to ensure the efficient and equitable functioning of its decentralized metaverse and AI ecosystem. The network employs three unique tokens, each serving a distinct purpose, to facilitate gas payments, autonomous governance, and stablecoin anchoring. Let us explore the purpose and distribution of each token, as well as their roles in sustaining the network's infrastructure and community governance.

CVN: Conscious Network Basic Token

Conscious Network Basic Token (CVN) is the primary token of the Conscious Network ecosystem. It serves as a utility token that covers gas costs and is used for payout staking incentives.

The token distribution system of CVN is as follows:

Total Supply: 200,000,000

Initial Supply: 150,000,000

Genesis DAO [Genesis]: 10,000,000 (5%)

• Genesis DAO (Early user immigration): 5,000,000 (2.5%)

• Genesis DAO (Foundation Investment): 5,000,000 (2.5%)

Meta DAO: 40,000,000 (20%）

Inflation Mining: 50,000,000(25%)

Team DAO: 11,250,000 (5.652%, Release over 4 years)

DAO Ecosystem Incentives: 53,750,000 (26.875%)

DAO Community Incentives: 35,000,000 (17.5%)

Note: The total number of ConsciousDAO tokens available for mining is 138,750,000, and once all tokens have been mined, a vote will be held to decide whether to implement an inflation or deflation plan.

In order to recognize and reward the users who have supported Conscious network in its early stages, the foundation has allocated 50 million tokens to those who joined the network through earlier versions. These tokens will be reserved and locked as staking for 12 months, after which they will be used for market making and incentives within the ConsciousDAO ecosystem. The remaining tokens will be gradually released to other users over the next 2 years.

SoulT: Conscious Network Autonomous Governance Token

SoulT, which stands for Secure, Open, Universal, and Lasting, is the Autonomous Governance Token of the Conscious Network ecosystem. It serves as the primary token for the platform's governance system, allowing token holders to vote on key decisions, such as fees and amending which tokens qualify for consensus.

Unlike CVN, SoulT can only be generated by mining, ensuring the purity of governance voting. SoulT is minted at the same time as CVN, minted by Validator nodes. Once a miner generates SoulT, they become a lifetime holder of the token as the token is untradeable. This ensures that every SoulT holder is truly invested in the success and sustainability of the Conscious Network and that outside interests cannot manipulate the token.

Additionally, SoulT's role in controlling AI lies in its ability to allow token holders to vote on issues related to AI regulation. As AI becomes increasingly important in our lives, it's crucial to ensure that its development and deployment are ethical and controlled. By leveraging the decentralized governance system of Conscious Network, stakeholders can contribute to shaping the future of AI regulation and ensure that it remains transparent, ethical, and accountable to society.

Conscious Network Algorithmic Stablecoins

Conscious Network's algorithmic stablecoins serve as the ecosystem's base layer and play a crucial role in facilitating DEX deals. The stablecoin is pegged to the US dollar at a 1:1 ratio, and its value is maintained through several techniques that algorithmically anchor it to the US dollar.

These stablecoins can facilitate cross-border transactions, enabling seamless and cost-effective transfers of funds between users across the globe. Additionally, the stablecoin's peg to the US dollar ensures that users can use it as a stable store of value, minimizing the impact of market fluctuations on their investments. By providing a stable and reliable base layer for transactions, Conscious Network's algorithmic stablecoins play a critical role in driving the adoption and growth of the ecosystem.