AI-generated content and onchain copyright are at the heart of aiRight. Now, aiRight wants to mark its next milestone with decentralized governance and community involvement. This requires some adjustment on its tokenomics to foster AIRI utilities and community power. This article introduces a revised structure of AIRI tokenomics: simplified allocation, roles of community, more utilities.

First and foremost, we emphasize our commitment to aiRight’s long term vision of being the leading Generative AI marketplace. At the heart of the new aiRight is the mission to empower a new generation of creators with the capabilities to create high-quality prompts, along with aesthetic and useful outputs.

Historically, our AIRI token has been instrumental in incentivizing our ecosystem through farming and reward mechanisms. As we look to the future, our focus shifts towards elevating the actual users of the aiRight platform. The changes are designed to significantly enhance AIRI’s utilities within aiRight. By rewarding creators actively contributing to our platform, we not only strengthen the bond between our product and its users but also advance our mission of fostering a thriving, innovative creator community.

Additionally, in a move to further engage our community, we are immediately allocating 15% of the total AIRI supply towards a pool that can be deployed by the aiRight community via DAO, with decisions made through decentralized governance. We also commit to keeping our community informed through more frequent updates and comprehensive reports on our tokenomics.

In keeping with the objectives outlined above, the aiRight team has made important updates to how tokens are allocated. The following changes will go into effect:

1. The “Foundation” pool is renamed as the “Development” pool.

2. A new pool called “Community” is added.

3. Eliminate the following:

4. “Team & Advisors” — now allocated towards the “Development” pool.

5. “Marketing” — now allocated towards the “Ecosystem” pool.

6. “Listing” — now shared by the “Ecosystem” and “Community” pools.

7. Move “NFT staking rewards” — now under the “Community” pool.

8. The burning mechanism is removed. aiRight instead redirects those resources toward more impactful areas such as research and development, community incentives, and ecosystem including rewards and marketing. In addition, a stable and predictable token supply makes it easier for community members to understand the value proposition of aiRight over time.

1,860,000,000 AIRI was minted and will gradually become available over the next 5 years. Allocation will thereby be simplified as follows:

1. Community (15%): equivalent to 279,000,000 AIRI, will be accessible to aiRight community members. Similar to ORAI’s DAO Treasury, this fund will be dedicated towards community initiatives such as incentive programs, marketing initiatives, and grants. Community members have the power to decide how this fund will be used, through governance.

2. Ecosystem (60%): equivalent to 1,116,000,000 AIRI, will be used for rewards and marketing activities.

3. Development (25%): equivalent to 465,000,000 AIRI will be accessible to contributors to the development of aiRight. This fund will primarily be used to support research and development efforts such as integrating new Generative AI models, building new features, enhancing platform security, and optimizing user experience.

AI-generated content and onchain copyright are at the heart of aiRight. Now, aiRight wants to mark its next milestone with decentralized governance and community involvement. This requires some adjustment on its tokenomics to foster AIRI utilities and community power. This article introduces a revised structure of AIRI tokenomics: simplified allocation, roles of community, more utilities.

First and foremost, we emphasize our commitment to aiRight’s long term vision of being the leading Generative AI marketplace. At the heart of the new aiRight is the mission to empower a new generation of creators with the capabilities to create high-quality prompts, along with aesthetic and useful outputs.

Historically, our AIRI token has been instrumental in incentivizing our ecosystem through farming and reward mechanisms. As we look to the future, our focus shifts towards elevating the actual users of the aiRight platform. The changes are designed to significantly enhance AIRI’s utilities within aiRight. By rewarding creators actively contributing to our platform, we not only strengthen the bond between our product and its users but also advance our mission of fostering a thriving, innovative creator community.

Additionally, in a move to further engage our community, we are immediately allocating 15% of the total AIRI supply towards a pool that can be deployed by the aiRight community via DAO, with decisions made through decentralized governance. We also commit to keeping our community informed through more frequent updates and comprehensive reports on our tokenomics.

In keeping with the objectives outlined above, the aiRight team has made important updates to how tokens are allocated. The following changes will go into effect:

1. The “Foundation” pool is renamed as the “Development” pool.

2. A new pool called “Community” is added.

3. Eliminate the following:

4. “Team & Advisors” — now allocated towards the “Development” pool.

5. “Marketing” — now allocated towards the “Ecosystem” pool.

6. “Listing” — now shared by the “Ecosystem” and “Community” pools.

7. Move “NFT staking rewards” — now under the “Community” pool.

8. The burning mechanism is removed. aiRight instead redirects those resources toward more impactful areas such as research and development, community incentives, and ecosystem including rewards and marketing. In addition, a stable and predictable token supply makes it easier for community members to understand the value proposition of aiRight over time.

1,860,000,000 AIRI was minted and will gradually become available over the next 5 years. Allocation will thereby be simplified as follows:

1. Community (15%): equivalent to 279,000,000 AIRI, will be accessible to aiRight community members. Similar to ORAI’s DAO Treasury, this fund will be dedicated towards community initiatives such as incentive programs, marketing initiatives, and grants. Community members have the power to decide how this fund will be used, through governance.

2. Ecosystem (60%): equivalent to 1,116,000,000 AIRI, will be used for rewards and marketing activities.

3. Development (25%): equivalent to 465,000,000 AIRI will be accessible to contributors to the development of aiRight. This fund will primarily be used to support research and development efforts such as integrating new Generative AI models, building new features, enhancing platform security, and optimizing user experience.