5️Tokenomics : INOVAI ($INOVA)

Tokenomics Overview

The $INOVAI token lies at the heart of the INOVAI ecosystem, serving as a fundamental component for accessing platform services, participating in governance, and incentivizing contributions. Here's an overview of the tokenomics:

Token Name : INOVAI

Symbol : $INOVAI

Smart Contract: 0x649004e1c9fD8B0241d544BD78FC4eb3D3b4d199

Token Type : ERC-20 (Ethereum blockchain)

Total Supply : 10,000,000 $INOVAI

TAX : Buy 5% and Sell 5%

Token Distribution :

• Token Sale: 90% of the total token supply allocated for public sale events to raise funds for platform development and expansion.

• Team & Advisors: 2% reserved for the core team and advisors to ensure long-term commitment and alignment of interests with the project.

• Community Development: 4% allocated for community incentives, partnerships, and ecosystem growth initiatives to foster adoption and engagement.

• Ecosystem Fund: 2% dedicated to an ecosystem fund for strategic investments, partnerships, and future development.

• Reserve: 2% held in reserve for contingencies, liquidity provision, and future token issuance.

Token Utility:

• Access to Services : $INOVAI tokens are used to access platform services, including virtual machine provisioning, AI enhancements, and premium features.

• Staking : Token holders can stake $INOVAI to secure the network, validate transactions, and earn rewards for contributing to platform security and stability.

• Governance : $INOVAI holders have voting rights to participate in platform governance, including protocol upgrades, parameter adjustments, and community proposals.

• Reward : Contributors and users may receive $INOVAI tokens as rewards for providing liquidity, participating in community events, and contributing to platform development.

Roadmap for Token Utility Expansion :

• Phase 1 : Initial token distribution and platform launch.

• Phase 2 : Implementation of staking mechanisms and governance functionalities.

• Phase 3 : Integration of additional use cases, such as decentralized finance (DeFi) applications, NFT marketplaces, and gaming platforms.

• Phase 4 : Expansion to interoperable blockchain networks and cross-chain token compatibility to enhance accessibility and liquidity.

Conclusion : The $INOVA token serves as a vital component of the INOVAI ecosystem, enabling users to access services, participate in governance, and contribute to platform growth. With a clear roadmap for utility expansion and community engagement, $INOVA aims to establish itself as a cornerstone of the future of virtual computing and artificial intelligence.