Vulcan Protocol
  • About Vulcan Coalition
  • Executive Summary
  • Why Disabilities?
    • Neuroplasticity
  • Etna Lab: Research & Development
    • Vulcan Platforms
      • Value Platform
      • Unity Platform
      • Linkage Platform
      • Collab Platform
      • Academy Platform
    • Text-to-Speech AI
      • Introduction
      • Method
      • Result
  • Vulcan's AI Products
    • Vulcan Edio Book
      • Introduction
      • Solution
    • Home Automation AI
    • Depression Detection AI
      • Introduction
      • Solution
    • AI Fashion Model
  • Learning & Development
    • L&D Overview
    • PWDs' Recruitment System
    • Vulcan Academy
    • L&D Partners
    • Vulcan Data Decentralized Unit (VDDU)
      • Role of ‘VDDU’
      • VDDU Process
      • The largest Data Workforce in Thailand
  • Vulcan Business Model
    • Business Model
    • Use of Funds
  • Tokenomics
    • What is Vulcan token?
    • Token Allocation
    • Proof of Data Quality
      • Data Labeling Quality Control
      • On the Contribution Evaluation and Credit Distribution of a Data Labeling Framework
    • Inflationary Model
    • Vulcan Protocol Ecosystem
    • Demand/Supply Mechanism
    • Pegged Pricing Model (PPM)
    • Burning Mechanism
  • Fundamentals
    • Valuation Framework
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  1. Tokenomics

Vulcan Protocol Ecosystem

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Last updated 3 years ago

  • Vulcan Heroes contribute to the creation of high-quality data sets in exchange for Vulcan tokens.

  • Direct reward, Vulcan Heroes receive 50% of all Vulcan tokens.

  • For direct reward, Vulcan Heroes can either swap their Vulcan token for fiat or preserve them as an investable asset.

  • Long-term reward, another 50% of tokens will be held in the "Vulcan Provident Fund Vault". Tokens will be locked for one year to ensure Vulcan Heroes' long-term sustainability. After one year, the tokens will be released in a gradual and linear fashion over the course of 52 weeks.

  • Customers of Vulcan (both B2B and B2C) can redeem Vulcan tokens or fiat for Vulcan's products and services.

  • If fiat money is used, it will be stored in a "Fiat Reserve Vault."

  • If Vulcan token is used, it will be stored in the "Vulcan Reserve Vault."

  • The Fiat Reserve Vault’s funds will be used for two purposes. First, to buy Vulcan tokens via a cryptocurrency exchange and deposit them in the "Vulcan Reserve Vault."

  • Second, to fund Vulcan Etna Lab, a research and development facility (R&D) for artificial intelligence and learning and development facility (L&D), in order to maximize the potential of Vulcan Heroes.

  • These Vulcan tokens in Vulcan Reserve Vault will be burned on an intermittent basis in order to deplete the Vulcan token supply.