Token Utility

The NeuralNet DAO token (NND) serves as the backbone of the ecosystem, facilitating transactions, governance, and incentive structures. The key use cases of NND include:

• Governance & Voting: NND holders can stake tokens to participate in governance decisions, voting on proposals for AI development, funding allocations, and ecosystem upgrades.

• Incentives for Contributors: Developers, data providers, and compute resource contributors earn NND rewards based on their contributions to the ecosystem.

• Access to AI Services: Users can use NND tokens to pay for AI model inference, computational resources, and premium AI services within the NeuralNet DAO ecosystem.

• Staking & Yield Farming: Token holders can stake NND to earn passive rewards, securing the network and incentivizing long-term participation.

• Transaction Fees & Rewards: Smart contract interactions, dataset transactions, and AI model purchases within the platform are powered by NND, with a portion of fees redistributed to active participants.