NEURAL AI (NEURAL) Crypto Token: Complete Guide

2024-07-19
NEURAL AI (NEURAL) Crypto Token: Complete Guide

The NEURAL AI crypto token, known as $NEURAL, operates on the Ethereum blockchain and serves as the core utility token for the NeuralAI ecosystem. Designed to facilitate access to various services and foster community growth, $NEURAL plays a pivotal role in the platform’s operations, from token-gating to incentivizing users and contributing to ecosystem development.

Key Takeaways

  • Multi-Utility Token: $NEURAL powers token-gating, GPU rental payments, staking rewards, and offers discounted rates for holders.
  • Revenue Sharing: Holders benefit from marketplace revenue shares and the Vanguard Program, which rewards top holders with platform revenue.
  • Strategic Distribution: The total supply of 10 million $NEURAL is strategically distributed to ensure liquidity, team incentives, and market expansion.

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$NEURAL Utility and Functions

Token Gating

$NEURAL provides exclusive access to NeuralAI’s services, allowing holders to unlock various features and benefits within the ecosystem. This token-gating mechanism ensures that only committed users can access premium services.

GPU Rental Payments

$NEURAL is the primary currency for transactions related to GPU rental services offered by NeuralAI. This use case establishes $NEURAL as a vital component for users seeking computational power, driving its utility and demand.

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Staking Rewards

Holders of $NEURAL can stake their tokens to earn rewards. This staking mechanism encourages long-term holding and reduces market sell pressure, aligning the interests of investors with the growth of the platform.

Discounted Rates

Users who hold $NEURAL enjoy reduced rates on GPU rental fees. This discount incentivizes holding and promotes engagement with the NeuralAI platform.

Marketplace Revenue Share

$NEURAL holders benefit from a share of the marketplace revenue. Specifically, 50% of the 5% transaction fees collected are redistributed to $NEURAL holders, creating an ongoing incentive for participation.

NeuralAI Vanguard Program

The Vanguard Program rewards the top 100 $NEURAL holders by distributing 100% of the platform’s GPU rental revenue among them. This initiative is designed to acknowledge and incentivize the most supportive and influential backers.

Token Distribution Plan

Liquidity Pool

7,000,000 NEURAL (70%) is allocated to the liquidity pool, with an initial lock period of 6 months, extendable to 12 months. This allocation ensures sufficient liquidity for trading and stability in the market.

Team and Advisors

500,000 NEURAL (5%) is reserved for team and advisors, with a 3-month cliff followed by 24-month linear vesting. This plan aligns long-term incentives with the platform’s growth.

Research and Development

500,000 NEURAL (5%) is allocated to research and development, with a 6-month linear vesting schedule. This allocation supports ongoing innovation and platform enhancements.

Marketing & CEX Listings

1,000,000 NEURAL (10%) is set aside for marketing and centralized exchange (CEX) listings. This fund will be utilized as needed to promote the token and facilitate exchange listings.

KOL & Strategic Presale

1,000,000 NEURAL (10%) is allocated to key opinion leaders (KOLs) and strategic presale participants. This allocation includes 50% at the token generation event (TGE) and 50% after 1 month, supporting initial marketing and strategic partnerships.

Token Summary

Launched on March 21, 2024, the $NEURAL token is designed to foster a thriving and self-sustaining ecosystem for NeuralAI. By balancing immediate utility with long-term holding incentives, $NEURAL aims to align the interests of holders, users, and developers, positioning NeuralAI as a leader in 3D asset generation and beyond.

FAQs

What is the primary use of the $NEURAL token?

$NEURAL is used for accessing NeuralAI’s services, making GPU rental payments, earning staking rewards, and receiving discounts on fees.

How does $NEURAL benefit its holders?

Holders benefit from staking rewards, discounted GPU rental rates, a share of marketplace revenue, and participation in the NeuralAI Vanguard Program.

What is the total supply and distribution plan for $NEURAL?

The total supply is 10 million $NEURAL, distributed among liquidity pools, team and advisors, research and development, marketing, and KOL & strategic presale allocations.

Disclaimer: The content of this article does not constitute financial or investment advice.

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