Evolve Network
  • 🙋Introduction
    • What is Evolve Network?
      • Mission
      • Key Features
    • High-Level Overview
  • 👨‍🏫Core Concepts
    • Decentralized Compute
    • LLMs
    • Agents & Agent Flows
  • 🧩Agents Platform
    • Agents Flow
      • Agent Studio
      • Agents Hub
      • Using the Platform Locally
      • Using the Platform on Web App
    • Tools
    • Memory
    • Publishing Agent Flows
      • Public
      • Private (Local)
      • NFTs
  • 🗂️Data Management
    • Data Hub Overview
    • Data Studio
    • Built-in Data Scraper
    • Vector Databases
      • How It Works
  • 🖥️Node
    • Node Runner
    • Quick Start Guide
      • System Tray App
      • GPU Allocation and Sharing
      • Local Web App
    • The Node App
      • Architecture
    • Incentives
      • Best Practices
  • 🌐Network Architecture
    • Decentralized Network
    • Blockchain
    • Native Explorer
  • 🕵️‍♂️Tokenomics
    • Token Utility
    • Buying and Selling Tokens
    • Payments and Incentives
      • Pricing for Platform Usage
      • EVOLVE Token Emissions
    • Governance (DAO)
      • Proposal Creation
      • Voting Mechanism
      • Token-based Governance Participation
  • 🧑‍🍳Dev SDK
    • Agentflow Endpoints
    • Integration Guidelines for Third-party Services
  • 🛡️Security and Privacy
    • End-to-End Encryption
    • Trusted Execution Environment (TEE)
    • API / OAuth Management
    • Data Handling Policies
  • 🗣️Community Network
    • Roadmap
    • FAQs
    • Forum & Socials
Powered by GitBook
On this page
  • Access to Services:
  • Transaction Fees:
  • Incentives:
  • Governance:
  1. Tokenomics

Token Utility

The $EVOLVE token is the native utility token of the Evolve Network, designed to facilitate transactions, incentivize participation, and govern the network.

Access to Services:

  • Model Usage: Pay for accessing and running large language models.

  • Data Hub Access: Use tokens to retrieve vectorized data from the Data Hub.

  • Custom Agents: Deploy and manage AI agents and workflows.

Transaction Fees:

Microtransactions: Facilitate small, fast transactions for accessing AI services and data.

Incentives:

  • Node Runners earn tokens for providing computational resources to the network.

  • Creators receive tokens for contributing high-quality datasets, models, and agent workflows.

Governance:

Voting Rights: Participate in the Evolve Network DAO (Decentralized Autonomous Organization) to propose and vote on network changes and upgrades.

PreviousNative ExplorerNextBuying and Selling Tokens

Last updated 11 months ago

🕵️‍♂️