$NRN Tokenomics v2.0
Last updated
Last updated
$NRN is a utility token that powers the entire ARC ecosystem. We think of ARC as a diversified economy with multiple different industries which currently includes:
ARC Reinforcement Learning: A gaming platform where players stake $NRN to create Data Capsules, which act as data containers for contributing gameplay data to train RL agents. The Data Capsules allow for indexing contributions, distributing rewards, and maintaining a ledger for tracking user inputs and campaign outcomes. At the end of campaigns, players can burn Data Slots to redeem rewards and unlock their original $NRN.
AI Arena: $NRN is used to power the in-game economy and is featured in a skill-based staking mechanic in the game.
ARC B2B Solutions: Studios pay ARC to integrate and get access to tooling, with revenue accruing to the $NRN community treasury and enabling buybacks.
ARC already has clients paying to integrate into the SDK. Clients generally pay in stablecoin or project's native tokens.
These revenues flow into $NRN community treasury.
The majority of the revenue will be kept in the Treasury and managed strategically. These funds can be used to buyback $NRN on the open market, kept in the treasury, or sold to build stablecoin reserves and used to fund for ecosystem growth initiatives.
A portion of the revenue will be used as incentives for players on the Trainer Platform to submit trained agents for use in games that onboard into the SDK.
The specific allocation of integration revenue received between Treasury and Trainer Platform portion will be announced for each integration.
Users can sell various models, including starter versions for those new to model training. In addition, gameplay data and configuration presets can be listed, bought and sold on the marketplace as well. Revenue to the $NRN Treasury from the Trainer Platform include:
Training compute fee for model updating
Marketplace fee
AI Arena will continue to be an anchor in the economy. Revenues from AI Arena includes:
In-game item purchases
Seasonal cosmetic updates
On-chain attribute re-rolls
Entry fees for special tournaments
Others TBA
For more information of AI Arena's in game economy please visit the AI Arena documentation site.
Primary Utilities of $NRN in ARC RL:
High volumes of $NRN are locked for creating Data Capsules
$NRN also used to stake for untrained RL Agents
For more details visit the how ARC RL agents are trained.
Revenue Model and Prize Pool Capitalization:
Third-Party Token Pools: Future ARC RL campaigns will utilize prize pools capitalized by third-party tokens (e.g., TGEs for partner games), as well as data subsidies provided by data protocols.
Token TGE: June 2024
Contributors
35.8%
0%
12 m lock | 1/24 m Linear
Total 36 months
Investors
14.2%
0%
12 m lock | 1/24 m Linear
Total 36 months
Foundation Treasury
10.9%
1.9%
Project controlled
Foundation OTC Sale
1.1%
0%
6m lock | 1/12 m Linear Total 18 months
Community TGE Airdrop
8.0%
8%
Fully unlocked at TGE
Community & Ecosystem Rewards
30%
30%
Project controlled
Total
100%
40%