$WEED Tokenomics
Combining Timeless IP with Limitless Vision
Last updated
Combining Timeless IP with Limitless Vision
Last updated
$WEED Token Overview: $WEED is the currency powering the first open and decentralized protocol for lifestyle AI. Today, most AI is censored, biased, and gated for various for-profit agendas. The $WEED token stands for a counter movement against the shackles imposed on us by what has become an AI oligopoly.
$WEED is the native token of the WeedTM AI Network, powering the first Alternative AI agent ecosystem and lifestyle platform, and supporting secure, decentralized uncensored AI-based knowledge transfer. It plays a central role through the following use cases:
$WEED is used to pay for all network transactions, including data-related operations, smart contract executions, and interactions with other decentralized lifestyle-based projects and protocols building on top of the Weed ecosystem in the future. This establishes $WEED as the medium of exchange for activities within the ecosystem.
In the future as the WeedTM AI ecosystem grows with other lifestyle brands and projects building on the protocol, $WEED will serve as the primary trading pair for all tokens issued, facilitating seamless exchange and interoperability across the ecosystem.
The WeedTM AI Network supports a dynamic ecosystem where lifestyle brands can issue their own tokens tied to specific consumerism-based utilities or rights. $WEED serves as the foundational token that interconnects these activities, fostering collaboration and enabling a robust data economy.
$WEED holders actively participate in the decentralized governance of the WeedTM AI Network, voting on proposals and influencing key decisions. This supports decentralized decision-making and broad community involvement.
At genesis, the Foundation of WeedTM AI is responsible for the stewardship of the $WEED token and treasury. Part of governance will progressively transition to community control, ensuring a fair and inclusive approach to managing the ecosystem.This will expand the scope of decision-making, allowing participants to help shape the network’s direction and manage key parameters into the future.
Token holders, aka our community, will be rewarded immediately with the benefits of discounted purchases of Weed® brand products found on WeedVault.com. In addition, our token holders will receive exclusive access to new product drops before they are available to the public.
$WEED can be staked for major privileges.
30 day Staking ($WEED staked for 30 days by smart contract)
1x $WEED rewards on unlock
No discount on Weed Vault merchandise and experiences
90 day Staking ($WEED staked for 90 days by smart contract)
2x $WEED rewards on unlock
10% discount on Weed Vault merchandise and experiences
180 day Staking ($WEED staked for 180 days by smart contract)
3x $WEED rewards on unlock
20% discount on Weed Vault merchandise and experiences
In addition to our Weed® retail outlet stores, we plan to build Weed Lounges in several U.S. cities that will provide a place for only our token holders to visit, as exclusive members, and experience well-being as a community. At Weed Lounges you can relax and enjoy food, beverages, and other elements of well-being in a comfortable and exclusive atmosphere.
Our Vision Is Limitless: Our IP is timeless. Therefore, our community, our lifeblood, will be valued consistently with every turning of the page.
The following lays out the token supply categories and corresponding unlock and vesting schedule for $WEED.
The $WEED Community allocation focuses on fostering participation and rewarding contributors in the $WEED Network. This includes rewards for users of the WeedTM AI platform, airdrops to early adopters, and support to developers building on WEED. Future incentives will ensure sustained engagement and community alignment with WeedTM AI’s vision.
The $WEED Ecosystem allocation will ensure sustainability of the WeedTM AI Network through grants and rewards that drive long-term growth of the broader ecosystem. This allocation will be for the purpose of network partnerships and rewards to incentivize network growth, innovation and adoption.
The $WEED Investor allocation is reserved for early supporters with a 3.5 year total vest (6 month cliff plus 3 year unlock).
The $WEED Core Contributors allocation is for the team behind the project bringing $WEED from concept to to the world, and that is central to the development of Network. All tokens distributed as part of the Core Contributors allocation are subject to a 4 year vest (6 month cliff and 3 year unlock).
