Rewards, Halving & Tiers
Proof of Contribution - Earn or Burn
Last updated
Proof of Contribution - Earn or Burn
Last updated
Our innovative Proof of Contribution rewards system, aka Earn or Burn: It's not about mining, it's about defining your success and enriching the community. Contribute in your own way and let the CRGPT tokens flow. Unclaimed tokens will be burned further increasing deflationary aspect of our token!
70% of the CRGPT Trade rewards is reserved for other Trading activities / competitions
30% of the CRGPT Trade rewards is reserved for other Trading activities
This breakdown is subject to change based on the needs of our project and the aspirations/voting of our community.
By integrating the CRGPT Token into multiple aspects of the CryptoGPT.io platform, we ensure that users have a multitude of ways to utilize and benefit from the token. As the platform evolves, we will continue exploring new utilities and opportunities for the CRGPT Token, further enhancing its value and appeal.
*The breakout of POC Contribution Rewards can be changed or adjusted at any time based on the needs of the project and in agreement with the CRGPT Holders and Governance to better suit the development and scopes of the project.
Our deflationary Proof of contribution also called Earn or Burn can be found in table below:
Earn or Burn | Monthly release | Annual release | Epoch Total |
---|---|---|---|
Each Epoch is 24 months. Release of tokens halves (goes to half!) every new Epoch. After the 8th Epoch the rate stops halving. Last Epoch 19 will be ending in 2061.
Tiers
Tier 1 (AI Trader): Holders with at least 200 CRGPT Tokens can participate in POC Rewards and have access to Advanced AI utility tools. They have access to Public Chatroom
Tier 2 (Top-G): Holders with at least 2,000 CRGPT Tokens have all Tier 1 benefits plus a 20% spiff (extra) on POC Rewards. They also have Voting rights
Tier 3 (Whale): Holders with at least 10,000 CRGPT Tokens have all Tier 2 benefits plus access to Ultimate AI tools and a 50% spiff on POC Rewards.
Tier 4 (Master): Holders with more than 100,000 CRGPT Tokens have all benefits as well as a 100% spiff on POC Rewards and access to the Team Group chatroom.
Dynamic Tier Adjustments:
As the landscape of AI technology evolves, becoming more accessible and affordable, and as the value of CRGPT Tokens fluctuates, we retain the flexibility to adjust these tier thresholds. Our goal is to ensure that the benefits and requirements remain balanced, fair, and reflective of current market conditions and technological advancements.
Communication of Changes:
Any adjustments to the tier thresholds will be clearly communicated in advance through our official social media channels and community platforms. We encourage our community to stay engaged and informed by following our updates to ensure they can adapt to and benefit from any changes in the tier structure.
Empowering Our Community:
Our tier system is designed not just to incentivize holding and using CRGPT Tokens but also to foster a robust, engaged, and technologically empowered community. As we move forward, the adaptability of our tier system will ensure that it continues to serve the best interests of our token holders and the broader ecosystem.
--Please stay safe and follow only our official links: https://www.cryptogpt.io/ and https://linktr.ee/crgpt --
POC (Epoch 1 - 2024/25)
147,000
1,764,000
3,528,000
POC (Epoch 2 - 2026/27)
73,500
882,000
1,764,000
POC (Epoch 3 - 2028/29)
36,750
441,000
882,000
POC (Epoch 4 - 2030/31)
18,375
220,500
441,000
POC (Epoch 5 - 2032/33)
9,187
110,244
220,488
POC (Epoch 6 - 2034/35)
4,594
55,128
110,244
POC (Epoch 7 - 2036/37)
2,297
27,564
55,128
POC (Epoch 8 - 2038 and on)
1,148
13,776
27,552
...
1,148
13,776
27,552
...
1,148
13,776
27,552