$ITHEUM Token
Unlock Platform Wide Utility With the $ITHEUM utility token
The $ITHEUM token is the central utility token for the Itheum protocol, It's purpose is to enable the community to engage, operate, and govern the entire Itheum protocol. To learn more about the token and to explore how you can store, visualize, and get the token, head over to itheum.io/token
Token Utility
Bond and stake $ITHEUM to obtain 'Liveliness' and become a 'Data Creator' with on-chain reputation. This then enables you to mint Data NFTs to tokenize and trade your data. Liveliness bonds also earn real-yield rewards from protocol revenue
Anyone can bond and stake $ITHEUM into the protocol to obtain a 'Liveliness' score that is relative to your bonded position. Liveliness is a form of 'proof of humanity' and is used to assess the value of your data. Liveliness bonds earn real-yield rewards from protocol revenue.
Bond $ITHEUM to launch and operate bulk data collection and curating Data Coalition DAOs that broker data trades with AI companies.
Token Metrics
Token Name
ITHEUM
Token Type, Token Official Links and Supported Blockchains
Max Supply
1,000,000,000
Where to get, store and track $ITHEUM?
Multi-Chain Bridge
CoinGecko Link
CoinMarketCap Link
All-time high
$0.7436
Public Sale IDO Date and Details
Explanation of the Cliff / Vest / Unlock process:
Cliff (C): The period when tokens are fully locked.
Vest (V): After the cliff is over, then the tokens can be claimed. The claimable tokens are then allocated at a fixed schedule over time. This is called a vesting schedule.
Unlock (U): The vested/allocated tokens then unlock at certain points. This is when the token holder can get access to their vested tokens.
Let's consider the following example:
Private Sale: 20% of max supply : V:24m / U:3m : TGE unlock 5%
Receive 5% of their tokens at the token generation event (TGE), which occurred on March 28, 2022.
The remaining 95% of their tokens are released progressively over a vesting period of 24 months (V:24m).
During the 24-month vesting period, purchasers will be able to get access to their tokens in 3-month blocks - this is called the unlock period (U:3m). The 1st unlock date for the purchasers will be June 28, 2022.
Unlock dates for example:
June 28, 2022 (start)
Sep 28, 2022
Dec 28, 2022
Mar 28, 2023
Jun 28, 2023
Sep 28, 2023
Dec 28, 2023
March 28, 2024 (end)
Why did Itheum design the token distribution schedule this way?
Itheum needs a long-term commitment from our supporters and this assures we get this from the team, strategic partners, and advisors.
Itheum's token is a utility token that is used to "price" the access to data, effectively setting a "value" for data. To ensure stability for the network, Itheum will put in place the "3-month" unlock mechanism that applies after the cliff and vest dates pass.
The final vest (team/advisor) will conclude on March 28, 2025
Vesting Status: We are currently at Month 30: Oct 2024
Token Staking & Farming
Liveliness Bonding + Staking Rewards
MultiversX
Native staking system of the Itheum protocol. You need to bond $ITHEUM tokens to mint Data NFTs, and the bonded token earn staking rewards and real-yield from the Itheum protocol
MetaStaking
MultiversX
Native staking system for MultiversX xExchange DEX. Stake LP & Tokens to earn more of the same token as rewards.
Liveliness Bonding + Staking Rewards
Solana
Native staking system of the Itheum protocol. You need to bond $ITHEUM tokens to mint Data NFTs, and the bonded token earn staking rewards and real- yield from the Itheum protocol
xExchange LP Farming
MultiversX
Farm your EGLD/ITHEUM LP tokens and earn $EGLD and $ITHEUM token rewards
Raydium LP Farming
Solana
Farm your SOL/ITHEUM LP tokens and earn $SOL and $ITHEUM token rewards
Token Distribution
As with all blockchain-based projects; Itheum will have an allocation of tokens that are not for sale. These non-sale tokens will be allocated to various buckets to oversee the roadmap, community, partners, liquidity, security, and various incentives needed for the continued growth of the Itheum ecosystem and to ensure we build a platform that becomes a market leader, brings the best value to the community and eventually be governed by the community.
The non-sale allocation groups and their initiatives are as follows (please be aware that the full initiatives under the groups are an evolving topic of discussion between the protocol and community governance, but we aim to cover the following key items as a minimum):
Community (17%) & Ecosystem (23.5%)
Ambassador programs
Community growth campaigns
Community education campaigns
Community feature testing rewards (Beta feature user testing)
Development grants, hackathons & incentives
Grants to run Data Coalition DAOs
Grants to build apps on Itheum's App Store: https://explorer.itheum.io
Ongoing multi-chain liquidity reserves
Technical audits and white-hat hacking bounty programs, code reviews, and platform stability incentives
Home of the Community Treasury: holds the percentage of funds earned from Data NFT trade fees that will be reserved for real-yield distribution to ITHEUM stakers and/or "buy-back and burn" programs
Data Partners (2.5% - this is part of the Ecosystem bucket)
Key partnerships to enable "data market-making" (i.e. to ensure there is a constant demand for data)
Recruitment of a consumer data protection guild - These are global SMEs (Subject Matter Experts) in data privacy, data regulation, personal data protection advocacy, academia, and law. The consumer data protection guild will be available for Data Coalitions DOAs to utilize as needed to ensure that data trade happening via Itheum is always in the best interest of all parties rights
Treasury (17%)
Home of the Foundation Treasury: funds are used to support Itheum's roadmap for the long term and will eventually be controlled by the Itheum Foundation DAO
Funds to cover unexpected expenses that might come up relating to platform operations, stability, security, and growth
Team & Advisors - 17.5%
Team (12%): Incentivise the core team and new team members to work and deliver the initial roadmap (until the community-run Itheum Foundation DAO is put into place)
Advisors (5.5%): Strategic advisors who will help Itheum bootstrap and reach optimum global growth
Reserve Wallets
As detailed above, most or all of the Ecosystem, Community and Treasury buckets have vested but these tokens have not been fully publicly circulated and will first enter "reserve" wallets that will hold and release tokens as needed based on the growth requirement of the protocol. It should be noted that the "circulating supply" on CoinGecko and CoinMarketCap will exclude the values in the reserve buckets to ensure the public is transparently notified of the "true" circulating supply. Large releases from these reserve buckets will need to be approved by the DAOs that are part of our Governance. For transparency, we list below the reserve wallets:
MultiversX
Primarily for Ecosystem growth initiatives, staking rewards etc.
MultiversX
Primarily for Community growth initiatives, airdrops, marketings etc.
MultiversX
Treasury wallet to support roadmap implementation and for token growth like CEX, DEX listings etc.
MultiversX
Primarily for Ecosystem growth initiatives and for "Data Partners"
MultiversX
Primarily for growth airdrops and campaigns etc.
MultiversX
Primarily used to boost liquidity across supported chains
MultiversX
Primarily for Ecosystem growth initiatives.
MultiversX
Primarily for Community growth initiatives, airdrops, marketings etc.
MultiversX
Backup treasury wallet that is locked until final token vest completes in March 28 2025
Token Disclaimer
The ITHEUM token sits under the following Disclaimers, please read and familiarize yourself with them before interacting with the token:
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