Token Price

Table of Contents


Introduction

TFGrid 3.50 aims at stabilizing the token price.


Current Situation

The token price should be the reflection of our traction of the grid, which isn’t the case today because of the following:

  • We keep on generating more TFT (supply) than there is current demand (e.g. for staking & utilization).
  • Too many farmers need to sell their TFT to pay for their expenses, so we keep on having too much sales pressure.
  • There is no staking model, which doesn’t allow the community to express their support.
  • We don’t have enough promotion & communication budget yet.
  • We don’t have enough commercial solution providers pushing utilization of the grid.

What Will Change

What is happening over the next months is important to resolve this:

  • As presented in this document:
    • The farming model will be changed.
    • The staking model will be introduced.
  • There will be a lot less of TFT farming (minting) starting from Zero-OS 4.0, as TFT will become the reserve currency while CHI will be the new currency for farming.
  • ThreeFold Grid 4.0 introduces the concept of Regional Internets, which will drive TFT utilization to a large extent.
  • Large TFGrid use cases will be announced within 6 months (AYA, some large Communities, and more).
  • ThreeFold Cloud will be launched. This might have some very serious impact within 1 year as this leads to commercial offerings.
  • Funding for ThreeFold Cloud and TFTech will allow grants to decentralized Development & Promotion Projects (end Q3).