# Tokenomics ## About the RICE AI token (RICE) RICE AI is a decentralized AI foundry powered by Rice Robotics. It aims to solve the AI robotics data scarcity bottleneck by building a reward system for robotics data sharing on top of a DePIN layer, with $RICE as its main utility token. Individuals or companies can contribute robotics data to the RICE AI foundry in exchange for token rewards. The collected data will be sold to research labs and companies in need. In-house robotics foundation models are also trained using the data collected from the foundry and will be accessible for robotics companies or robot owners on a monthly subscription model. If clients pay with our native token, a discount will be offered. $RICE is designed to be deflationary in the long run. A portion of the fee collected from data purchasers will be used to burn tokens, thereby reducing the overall supply. The token is also used as the governance token for the data collection protocol. More utility will be added along with the platform development. ## **Token Details** The RICE AI token will launch exclusively on the BNB chain, in partnership with Floki, DWF Labs, and PancakeSwap. * Token Name: RICE AI * Ticker: RICE * Blockchain: BNB chain * Total supply: 1,000,000,000 * TGE: Aug 18 * CA: 0xb5761f36FdFE2892f1b54Bc8EE8baBb2a1b698D3 ## Token Allocations and Vesting Schedule | Allocation | % of Total Supply | Vesting Schedule | Purpose | | ------------------------------- | ----------------- | ------------------------------------------------------ | ------------------------------------------------------------------------------------------------------------------------------------- | | Ecosystem Growth | 39.00% | unlocked as needed | Token reserved for the sustainability and growth of the ecosystem, such as robot rewards, ecosystem incentives, listing expense, etc. | | Investor | 18.00% | 1 year cliff, 2 years linear vesting | Sold to investors to support the projects development in the long run | | Floki/TokenFi Community Airdrop | 14.00% | 7.14% unlocked on TGE, the 14.3% vested every 3 months | Token reserved for $FLOKI and $TOKEN community airdrop | | TokenFi Presale | 10.00% | 20% unlock on TGE, 80% linearly vested for 6 months | Community Presale on TokenFi Launchpad to support the projects development in the long run | | Liquidity | 5.00% | unlocked as needed | Token reserved for LP | | MM | 2.00% | unlocked as needed | Token reserved for market making | | Treasury | 5.00% | unlocked as needed (2 years runway) | Token reserved for development and operations | | Team | 5.00% | 1 year cliff, 2 years linear vesting | Token reserved for team incentives | | Floki Trading Bot | 2.00% | 10% vested every 3 months | Token reserved for users who traded $RICE token through the Floki Trading Bot | --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://rice-ai.gitbook.io/home/rice-protocol/tokenomics.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.