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
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
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