Think

The independent AI token

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Tokenomics

Total supply of 19,800,000,000

Token Address: 0x824b...8Cd3

FAQ

What is the purpose of this token?

The 6079 protocol secures Decentralized Ai Agents and GPU Networks with cryptoeconomic security and interoperability standards through the following three pronged approach:

  1. ORGANIZE | Industry Consortium: Organize and align a governing body of leading De/AI projects, protocols, and contributors toward open and permissionless interoperability
  2. BUILD | Community Grants: Build the protocol by funding the development of the protocol and open standards
  3. SECURE | Gamified Proof of Inference: Secure Ai compute through cryptoeconomic protocol for validating gpu compute
What is the contract address for this token and can I purchase it?

The contract address is: 0x824b2483325daEdf728253D733A7faF8Aef68Cd3 The token is not available for purchase at the present time.

What is the token's economic structure?

The total supply is 36 Billion $THINK with 18 decimals places.

On deployment, the token allocation breakdown will be as follows:

  • Ecosystem Fund: ~19%
  • Community & Marketing: 5%
  • Protocol Emissions: 45%
  • Founding Team & Advisors: 15% (12 month lock followed by a 18 month linear unlock)
  • Early Supporters: ~16% (12 month lock followed by a 6 month linear unlock)
How could someone qualify for distribution of this token?

Contributing to the efforts of the 6079 Foundation to enable Independent AI may allow a person or entity to qualify for token distribution. This could include developing technology that enables the mission, promoting the effort in a previously agreed-upon manner or providing compute resources. Note that providing any of the above does not guarantee a token distribution. It gets the person or entity in the consideration set for a token distribution.

What is the token unlock schedule for this project and how does it affect the token's distribution?
Founding Team & Advisors: Dual curve 48 month vest coupled with a 12 month lock followed by a 18 month linear unlock Early Supporters: 12 month lock followed by a 6 month linear unlock

What unique token mechanisms--such as buybacks, burns, emissions, or time-based claims--are in place for this token?

There is 45% of the total token supply allocated to emissions that will be released over 6079 days from the token claim going live and commencement of staking. The emissions are planned to be split between various destinations that are key to protocol functionality. These include the Proof of Inference Protocol, Community Rewards, Staking Rewards, and Community Grant Programs.

What are the risks associated with this token?

As with any cryptocurrency, there are inherent risks, including market volatility, regulatory concerns, and potential vulnerabilities. Cryptocurrency is a very volatile asset class and this token is no exception. Before acquiring the token, it is recommended that you conduct your own examination of all relevant information and risks.

While tokens may be traded through one or more cryptocurrency exchanges, there is no guarantee of value, and the token may be delisted at any time that it does not meet the listing requirements of the exchange. The cryptocurrency token market is immature, and there are numerous risks that threaten the entire category of digital assets. No promises of future performance or price are or will be made in respect to the tokens, including no promise of inherent value, and no guarantee that the tokens will hold any particular value.

Transactions involving tokens that have been verified and memorialized on the blockchain generally cannot be undone. Even if the transaction turns out to have been in error, or due to theft of a user's token(s), the transaction is not reversible. Further, at this time, there is no specialized governmental, regulatory, investigative, or prosecutorial authority or mechanism through which to bring an action or complaint regarding missing or stolen cryptocurrencies. Consequently, you may be unable to replace missing tokens or seek reimbursement for any erroneous transfer or theft of Tokens, and we make no representation of our ability to assist in these efforts due to the irreversible and immutable nature of the blockchain technology upon which the tokens themselves are based.

Has the token's smart contract been audited and what were the results?

The deployed smart contracts have been audited by Trail of Bits and Octane Security. We are committed to ensuring that our ecosystem is supported by best in class auditing services to discover potential vulnerabilities and address them in the development process prior to going into production.

As our ecosystem grows, we will continue to work with external partners and our community to make our ecosystem as safe to interact with as possible.

The audit reports can be seen in the https://github.com/Ai-Layer-Labs/security-audits> github repository. You will find audits for our token smart contract provided by both our auditors., but feel free to see Trail of Bits audit report directly at https://github.com/trailofbits/publications/tree/master/reviews/2024-05-ailayerlabs-6079smartcontracts-securityreview.pdf>.