4EVERLAND has released the 4EVER token economic model: 70% is used for node rewards, community development and user incentives
The Web3 cloud computing platform, 4EVERLAND, has announced its token economic model. The total amount of $4EVER tokens is 10 billion, of which 70% will be used to support node rewards, community development and operations, and user incentives to promote the prosperous development of the decentralized cloud computing ecosystem.
The specific allocation ratio is: node rewards 40%, community funds 15%, operating funds 10%, user rewards 5%. The remaining parts include token sales at 15%, core team and advisors at12%, as well as initial liquidity and market-making funds at3%. All tokens will gradually unlock over the next eight years.
It's reported that an airdrop collection binding entrance for early contributors and community users has been opened by 4EVERLAND with a distribution of five percent of Tokens.
4EVERLAND adopts a dual-token economic model where $LAND and $4EVER serve as functional tokens and governance tokens respectively driving long-term growth and sustainable development on the platform. Herein, $LAND acts as stablecoin mainly used for paying storage fees, network usage fees,and computation resource costs avoiding price fluctuations affecting user experience while$4EVER serves as governance token supporting decision voting,function proposal,stake pledging from resource providers,and reward distribution on the platform.In addition,the related assets in platform economic activities will be repurchased into$4EVER enhancing its value capture ability thereby improving capital circulation efficiency within internet ecology.
As a leading builder of Web3 infrastructure ,4EVERLAND deeply cultivates DePIN+AI track providing developers seamless docking capabilities between Web2andWeb3cloud computing.It currently attracts more than250 thousand developers along with renowned application projects choosing their services including Snapshot、Hey.xyz、Linear etc.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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